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Alibaba sells Lingxi Games to Trustar Capital for $1.5 billion
Alibaba Group has reached a formal agreement to sell its gaming unit, Lingxi Games, to Asian private-equity firm Trustar Capital in a deal worth at least $1.5 billion, according to an internal memo reviewed by Reuters and The Wall Street Journal. Reuters, citing a …
Thai Union Group PCL's Dividend Analysis
This article first appeared on GuruFocus. Assessing the Sustainability and Growth of TUFBY's Upcoming Dividend Payment Thai Union Group PCL (TUFBY) recently announced a total dividend of $0.24 per share, with the ex-dividend date set for 2026-08-17. This payment includes a cash dividend of …
Forrestania appoints MEGA for Tycho open-pit operations
Forrestania Resources has selected MEGA Resources to undertake the open-pit mining development at the Tycho Gold Project in Australia. The contract, which covers stage one mining operations at Tycho, has an estimated value of around A$27m and is expected to run for roughly seven …
Why Are BHP Group (NYSE:BHP) Results in Focus for Gold Stocks?
BHP Group's scheduled results event is drawing focus from gold stocks investors, primarily due to its implications for diversified mining and gold-byproduct context. The article emphasizes evaluating the company's operating execution, demand signals, financial discipline, and competitive positioning, rather than relying solely on market …
Contact Energy Ltd's Dividend Analysis
This article first appeared on GuruFocus. Assessing the Upcoming Payment and Long-Term Sustainability Contact Energy Ltd (COENF) recently announced a total dividend of $0.14 per share, with the ex-dividend date set for 2026-08-17. This payment includes $0.14 per share in cash, which is payable …
Sharemaestro market context Price below Trend Line 52 weeks +4.7%Weekly Recap: United Airlines data/AI pricing probe and UAL Starlink Wi‑Fi
The article summarizes recent United Airlines news, including Rep. Frank Pallone's inquiry into the airline's use of customer data and AI for pricing, its new deal to offer Starlink in-flight Wi-Fi, and its decision to maintain Narita transpacific flights during record rainfall. These developments …
United Parcel Service Inc's Dividend Analysis
This article first appeared on GuruFocus. Assessing the Sustainability and Growth of UPS's Upcoming Dividend Payment United Parcel Service Inc (NYSE:UPS) recently announced a total dividend of $1.64 per share, with the ex-dividend date set for 2026-08-17. This includes a cash dividend of $1.64 …
Sharemaestro market context Price below Trend Line 52 weeks +7.8%United Therapeutics Corporation Announces Full Enrollment of the TETON-PPF Study of Inhaled Treprostinil for the Treatment of Progressive Pulmonary Fibrosis
Approximately 200,000 patients in the United States have PPF, with limited treatment options Topline data expected in the second half of 2027 SILVER SPRING, Md. & RESEARCH TRIANGLE PARK, N.C., August 17, 2026--(BUSINESS WIRE)--United Therapeutics Corporation (Nasdaq: UTHR) announced full enrollment of its TETON-PPF …
Sharemaestro market context Price below Trend Line 52 weeks +53.0% · Next-week setup negative 21.3%Intel, Oracle, Marvell, Alibaba, and More Stocks That Explain Today’s Market
Chips and memory stocks are catching a bid at the start of what could be a quiet week for the market. Continue Reading
Alibaba’s AI Pivot Deepens, Plans to Offload Gaming Business For at Least $1.5 Billion: Report
Alibaba Group Holding Ltd. ADR (NYSE:BABA) is reportedly offloading its gaming unit, Lingxi Games, to Asian private-equity firm Trustar Capital in a bid to bolster its focus on artificial intelligence (AI). The Chinese tech behemoth is selling Lingxi Games for a minimum of $1.5 …