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Alibaba to sell Lingxi Games in more than $2 billion deal, source says
By Kane Wu and Eduardo Baptista HONG KONG, Aug 17 (Reuters) - Alibaba Group is expected to reap more than $2 billion from the sale of its game developer unit Lingxi Games to private equity firm Trustar Capital, a person familiar with the matter …
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52 weeks +18.9% · Next-week setup positive 56.3%
Alibaba (BABA) Nears $1.5 Billion Lingxi Games Deal As AI Focus Sharpens
Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Alibaba Group Holding (NYSE:BABA) is in advanced talks to sell its gaming unit, Lingxi …
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52 weeks +18.9% · Next-week setup positive 56.3%
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 …
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52 weeks +18.9% · Next-week setup positive 56.3%
Peabody Energy, Borr Drilling, Texas Pacific Land, Halliburton, and Transocean Stocks Trade Up, What You Need To Know
Peabody Energy, Borr Drilling, Texas Pacific Land, Halliburton, and Transocean Stocks Trade Up, What You Need To Know What Happened? A number of stocks jumped in the morning session after the price of crude oil climbed due to escalating geopolitical tensions in the Middle …
Sharemaestro market context Price below Trend Line 35 weeks +5.1% · Next-week setup negative 44.7%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 …
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52 weeks -29.1%
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, …
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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 …
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52 weeks +18.9% · Next-week setup positive 56.3%
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 …
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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 …
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Corning (GLW) Stock Looks Overvalued As Its 3 Year Gain Hit 4.5x
Get insights on thousands of stocks from the global community of over 7 million individual investors at Simply Wall St. Corning stock has delivered a very large 3 year gain, yet the valuation signals are split, with a Discounted Cash Flow (DCF) intrinsic value …
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52 weeks +199.1% · Next-week setup positive 58.1%