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 …
5 Insightful Analyst Questions From Upwork's Q2 Earnings Call Upwork's second quarter was marked by ongoing challenges tied to the accelerating adoption of artificial intelligence (AI) and changing patterns in client acquisition. Management emphasized that increased AI automation, especially for lower-complexity work, and headwinds …
[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 …
[AI Artificial Intelligence concept. Media concept TV - video wall with small screens. . Digital multiple television screens.] Vertigo3d AI video generator Higgsfield AI raised $400M at a $5.4B valuation, according to the _Financial Times. _ Major backers include Goldman Sachs (GS [https://seekingalpha.com/symbol/GS]), Intel …
Goldman Sachs believes that market expectations for Federal Reserve interest rate hikes are overly aggressive. The firm's chief economist, Jan Hatzius, indicated that a rate increase in September is highly improbable due to recent softer retail sales, disappointing employment figures, and cooling inflation. This …
Q2 Earnings Highs And Lows: Cogent (NASDAQ:CCOI) Vs The Rest Of The Telecommunication Services Stocks Quarterly earnings results are a good time to check in on a company's progress, especially compared to its peers in the same sector. Today we are looking at Cogent …
(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 …
* 7Yalla (YALA [https://seekingalpha.com/symbol/YALA]) is scheduled to announce Q2 earnings results on Monday, August 1th, after market close. * Over the last 2 years, YALA has beaten EPS estimates [https://seekingalpha.com/symbol/YALA/earnings/eps-surprise-summary] 100% of the time and has beaten revenue estimates 88% of the time. MORE …
Prysmian plans to acquire Atkore for $3.8 billion, including debt, to expand its presence in the North American data-center electrical infrastructure market. This strategic move, which includes a 30% premium, positions Prysmian to meet the growing demands of hyperscale data-center construction by combining its …
American International Group (AIG) recently introduced a new Parametric Cloud Outage Solution, offering predefined payouts for cloud service downtime. This innovation, while reinforcing AIG's forward-thinking approach, has a limited near-term impact on its core financial catalysts like margin improvement and risks such as catastrophe …
Gorilla Technology Group Inc. (NASDAQ: GRRR) shows strong near and mid-term sentiment but a weak long-term outlook, with a mid-channel oscillation pattern in play. AI models have generated specific trading strategies, including a position trading long entry, a momentum breakout strategy, and a risk …
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 …
Nebius (NASDAQ: NBIS) has been steadily raising its capacity guidance for the end of 2026. The company told investors in February that it expected to have 3 gigawatts of contracted power by the end of 2026. That number jumped to 4 gigawatts in May, …
Robbins Geller Rudman & Dowd LLP is investigating Jefferies Financial Group for potential securities law violations related to the bankruptcy of auto parts supplier First Brands. The probe focuses on whether Jefferies made false statements or failed to disclose material information, especially given that …
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide. HCI Group stock has delivered a very strong 3 year return while the latest valuation checks still suggest the shares lean cheap rather …
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