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(Bloomberg) -- Alibaba Group Holding Ltd. launched the beta version of an artificial intelligence music-generation model that can turn a single text prompt into a fully produced song, expanding the Chinese technology giant's push into generative AI. Most Read from Bloomberg Trump Reduces US-South Korea Drills, Citing Lack of Help on Iran Stripe Clinches Over $7 Billion Deal …
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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 …
Neutral AI cover image illustrating the Alibaba Lingxi Games sale and AI pivot. Photo by BeInCrypto Alibaba Group Holding (BABA) is selling its gaming unit, Lingxi Games, to Asian private equity firm Trustar Capital in a transaction reportedly worth at least $1.5 billion. The …
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 …
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 …
[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 …
(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 …
[Young blond female manager explaining quarterly results on large led screen] NicolasMcComber Next week's earnings calendar is dominated by retail and consumer heavyweights, giving investors a close look at spending trends heading into the second half of the year. Walmart (WMT [https://seekingalpha.com/symbol/WMT]), The Home …
Sharemaestro market context Price below Trend Line 52 weeks +18.9% · Next-week setup positive 56.3%Private Advisory Group LLC acquired a significant stake in Halliburton Company during the second quarter, purchasing 307,591 shares valued at approximately $10.4 million. Halliburton, an oilfield services company, maintains a "Moderate Buy" consensus rating from analysts, with institutional investors holding 85.23% of its stock. …
S&CO Inc. has acquired a new position in Liberty Media Corporation - Liberty Live Series C (NASDAQ:LLYVK), purchasing 224,117 shares valued at approximately $23.46 million during the second quarter. This investment represents 1.4% of S&CO's portfolio and 0.24% of LLYVK's outstanding shares. Despite significant …
Alibaba Group Holding (NYSE:BABA) is reportedly in advanced discussions to divest its gaming unit, Lingxi Games, to private equity firm Trustar Capital in a deal potentially valued over $1.5 billion. This sale aligns with Alibaba's strategy to streamline its portfolio and concentrate on core …
Royal Bank of Canada significantly increased its stake in Liberty Media Corporation - Liberty Live Series A (NASDAQ:LLYVA) by 2,605.3% in the first quarter, now holding 31,327 shares valued at $2.87 million. Despite institutional investors owning a quarter of the stock, analysts remain bearish, …
Halliburton (NYSE:HAL) shares recently rose due to heightened geopolitical supply concerns, which brought the oilfield services sector into focus. As a major player in providing essential services for oil and gas extraction, Halliburton's stock performance reflects market sensitivity to supply-side developments and their impact …
Apple is reportedly integrating Alibaba’s Qwen AI model into Apple Intelligence for devices in China, subject to regulatory approval, which could significantly impact Alibaba's cloud and AI investment narrative. This collaboration positions Qwen as crucial AI infrastructure for global tech partners and enterprises, potentially …
MercadoLibre (NASDAQ:MELI) just crossed $10 billion in quarterly revenue for the first time, yet the stock sits roughly 30% below its high. That gap between a record top line and a beaten-down share price is the whole story here. On the call covering the …
Sharemaestro market context Price above Trend Line 52 weeks -31.0%[Alibaba company logo on office building] Robert Way The Qwen family of open-weight AI models from Alibaba (BABA [https://seekingalpha.com/symbol/BABA]) recorded more than 3B global downloads over the past six months, becoming the world’s leading AI model, surpassing U.S. rivals Meta (META [https://seekingalpha.com/symbol/META]) and Alphabet's …
SWS Partners has acquired 2,336 shares of MercadoLibre, Inc. (NASDAQ:MELI) for approximately $3.965 million, making it their 29th largest holding. Other institutional investors like Bison Wealth LLC and Empowered Funds LLC also adjusted their stakes in the company. MercadoLibre has a "Moderate Buy" consensus …
Oppenheimer Asset Management Inc. has acquired a new stake of 7,299 shares in MercadoLibre, Inc. (NASDAQ:MELI), valued at approximately $12.39 million during the second quarter. Other institutional investors have also adjusted their holdings in the e-commerce and fintech company, and a director recently increased …
(Bloomberg) -- Alibaba Group Holding's open-weight models have accumulated more than 3 billion global downloads in the past six months, eclipsing Meta Platforms Inc., Alphabet Inc. and domestic peers to become the world's No. 1 artificial-intelligence model. Most Read from Bloomberg US Readies Unprecedented …
Wall Street Zen has upgraded Kolibri Global Energy (NASDAQ:KGEI) from a "hold" to a "buy" rating, though other analysts like Weiss Ratings maintain a "hold" position. The company's shares opened up 3.0% at $5.77, reflecting a market capitalization of $206 million. Kolibri Global Energy …
Wall Street Zen has downgraded Halliburton (NYSE:HAL) from "buy" to "hold," despite the company exceeding quarterly earnings expectations with $0.55 EPS and $5.71 billion in revenue. Analysts collectively maintain a "Moderate Buy" rating with an average price target of $43.10. Institutional investors hold a …
Kolibri Global Energy Inc. reported a record quarterly revenue of $22.5 million for Q2 2026, marking a 109% increase from the previous year. This surge was driven by a 46% rise in production, reaching 4,690 BOEPD, and a 41% increase in average prices. The …
Twin Lions Management LLC and Timothy Abbott have reported a beneficial ownership of 504,210 shares, or 2.6%, of Malibu Boats, Inc. Class A Common Stock as of June 30, 2026, through a Schedule 13G/A filing. The shares are directly owned by advisory clients of …
[Stock exchange building columns stock market finance] alexsl Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Read more about the events that may impact stock prices next week. MONDAY - AUGUST 17 * …
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