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Alibaba to sell Lingxi Games for over $1.5B to Trustar as AI focus grows: report
[Millennial-aged man playing E-sports on his computer] Trevor Williams * Alibaba Group Holding (BABA [https://seekingalpha.com/symbol/BABA]) is reportedly selling its gaming arm in a deal worth at least $1.5B that will boost the Chinese e-commerce leader’s pivot to AI. * Asian private equity firm Trustar …
Should ADW Capital’s Activist Sale Push and Governance Critique Require Action From Driven Brands (DRVN) Investors?
In early August 2026, ADW Capital Management sent a public letter criticizing Driven Brands Holdings' board for rejecting its all-cash US$18.00 per share offer and urged an immediate strategic review, including a potential sale of the whole company or individual segments. ADW's accusations of …
Q2 Household Products Earnings: Spectrum Brands (NYSE:SPB) Earns Top Marks
Q2 Household Products Earnings: Spectrum Brands (NYSE:SPB) Earns Top Marks As the Q2 earnings season wraps, let's dig into this quarter's best and worst performers in the household products industry, including Spectrum Brands (NYSE:SPB) and its peers. Household products stocks are generally stable investments, …
Alibaba, Baidu, Kuaishou Address Mounting AI Costs as Competition Intensifies
(Bloomberg) -- Alibaba Group Holding Ltd., Baidu Inc. and Kuaishou Technology are the next big names in tech that will have to address concerns over the mounting financial costs needed to sustain intense AI competition. Most Read from Bloomberg Covert Mideast Oil Flows Are …
Alibaba to Sell Gaming Arm for $1.5 Billion in Boost to AI Pivot
(Bloomberg) -- Alibaba Group Holding Ltd. is selling its gaming arm in a deal worth at least $1.5 billion that will boost the Chinese e-commerce leader's pivot to AI. Most Read from Bloomberg Covert Mideast Oil Flows Are Keeping Global Prices in Check Anthropic …
Tencent Details Progress Toward Carbon Neutrality Goals and Outlines AI-Era Priorities
New report outlines how infrastructure efficiency, renewable electricity and AI-enabled innovation can support lower-carbon growth SHENZHEN, China, Aug. 17, 2026 /PRNewswire/ -- Tencent (0700.HK) published its Carbon Neutrality Mid-Term Report and launched an accompanying interactive microsite, sharing its progress to date and pathway toward …
Q2 Earnings Roundup: Energizer (NYSE:ENR) And The Rest Of The Household Products Segment
Q2 Earnings Roundup: Energizer (NYSE:ENR) And The Rest Of The Household Products Segment Let's dig into the relative performance of Energizer (NYSE:ENR) and its peers as we unravel the now-completed Q2 household products earnings season. Household products stocks are generally stable investments, as many …
3 Reasons to Sell PCTY and 1 Stock to Buy Instead
3 Reasons to Sell PCTY and 1 Stock to Buy Instead What a time it's been for Paylocity. In the past six months alone, the company's stock price has increased by a massive 41.8%, reaching $152.67 per share. This was partly thanks to its …
How Investors Are Reacting To Concentra Group Holdings Parent (CON) Earnings Beat, Guidance Hike And CEO Transition
Concentra Group Holdings Parent, Inc. (CON) reported strong second-quarter 2026 results, beating earnings expectations and raising its full-year guidance for both revenue and net income. The company also announced a planned CEO transition and continues its share repurchase program and dividend distribution. These developments …
ETFs Investing in Leidos Holdings, Inc. Stocks
This article lists various Exchange Traded Funds (ETFs) that hold stocks of Leidos Holdings, Inc. The ETFs are sorted by their market value of Leidos Holdings, Inc. stocks, providing key details such as weight, issuer, management style, expense ratio, AUM, price, and 3-year NAV …
Bending Spoons Beats on Earnings in Its Public Market Debut Quarter. Investors Focus on the Fine Print Instead
Bending Spoons S.p.A. (NASDAQ:BSP) just released its first earnings report as a public company, and it was impressive by almost every headline measure. Investors focused on a different number entirely. A Blowout Quarter On August 13, the company released second-quarter 2026 earnings that exceeded …