Latest news and updates from the Information sector.
Alibaba priced an 80 billion Hong Kong dollar placement of 710 million new shares, with all net proceeds going into its full-stack AI capabilities, including expanded AI infrastructure. The sale ranks as 2026's third-largest primary follow-on offe...
In the closing of the recent trading day, Oracle (ORCL) stood at $142.45, denoting a -2.74% move from the preceding trading day.
BABA INVESTOR NOTICE: Alibaba Group Holding Limited Investors with Substantial Losses Have Opportunity to Lead Shareholder Class Action Lawsuit
SAN DIEGO, Aug. 24, 2026 /PRNewswire/ -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Alibaba Group Holding Limited (NYSE: BABA) publicly traded securities between June 26, 2025 and June 24, 2026, all dates inclusive...
Victoria, British Columbia--(Newsfile Corp. - August 24, 2026) - ALUULA Composites Inc. (TSXV: AUUA) (OTCQB: AUUAF) ("ALUULA" or the "Company") today announced that it has voluntarily filed an Annual Information Form ("AIF") for the financial year...
SAN DIEGO, Aug. 24, 2026 (GLOBE NEWSWIRE) -- LPL Financial LLC, a leading wealth management firm, today announced that Jonathan Lewis has joined the firm as managing director, chief technology and information officer. In this role, Lewis will lead...
SAN DIEGO, Aug. 24, 2026 /PRNewswire/ -- Robbins LLP reminds investors that a securities class action has been filed on behalf of all persons and entities that purchased or otherwise acquired Primoris Services Corporation (NYSE: PRIM) securities b...
SAN DIEGO, Aug. 24, 2026 /PRNewswire/ -- Robbins LLP reminds investors that a securities class action has been filed on behalf of shareholders who purchased or otherwise acquired EquipmentShare.com, Inc. (NASDAQ: EQPT): (1) Class A common stock is...
SAN DIEGO, Aug. 24, 2026 /PRNewswire/ -- Robbins LLP reminds investors that a securities class action has been filed on behalf of all persons who purchased or otherwise acquired Hertz Global Holdings, Inc. (NASDAQ: HTZ) common stock between Februa...
Alibaba's AI revenue is soaring.
SAN DIEGO--(BUSINESS WIRE)---- $UWMC #Business--Shareholder rights law firm Robbins LLP reminds investors that a class action was filed on behalf of all persons and entities who purchased or otherwise acquired UWM Holdings Corporation (NYSE: UWMC)...
San Diego, California--(Newsfile Corp. - August 24, 2026) - Shareholder rights law firm Robbins LLP reminds investors that a class action was filed on behalf of all persons and entities who purchased or otherwise acquired HDFC Bank Limited (NYSE: ...
SAN DIEGO--(BUSINESS WIRE)---- $DVLT #Communications--Shareholder rights law firm Robbins LLP reminds investors that a class action was filed on behalf of all persons and entities that purchased or otherwise acquired Datavault AI Inc. (NASDAQ: DVL...
San Diego, California--(Newsfile Corp. - August 24, 2026) - Shareholder rights law firm Robbins LLP reminds investors that a class action was filed on behalf of all purchasers of The Simply Good Foods Company (NASDAQ: SMPL) common stock between Oc...
NEW YORK, Aug. 24, 2026 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Alibaba Group Holding Limited (NYSE: BABA) between June 26, 2025 and June 24, 2026, both dates inclusive (the "Clas...
Meta Platforms (META), the social-media, digital-advertising and artificial-intelligence powerhouse, climbed approximately 1.5% to $557.875 Monday afternoon whi
Alibaba Group Holding Limited stock is being punished after its disappointing June quarter results last Thursday and raising $10.2B for AI buildout this Monday. We think the market is overreacting; BABA is still spending a fraction of its U.S. cou...
New York, New York--(Newsfile Corp. - August 24, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Alibaba Group Holding Limited (NYSE: BABA) between June 26, 2025 and June 24, 2026, both dates inc...
The social-media trade is splitting Monday afternoon, with three of the group's four biggest U.S.
Meta Platforms Inc. (META, Financials) and Alphabet Inc. may face another regulatory issue. The New Zealand Prime Minister Christopher Luxon claimed his party w
Meta Platforms' ad growth accelerates as AI tools, user engagement and advertiser adoption fuel revenue, helping it stay ahead of RDDT and SNAP.
LOS ANGELES, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Glancy Prongay Wolke & Rotter LLP reminds investors of the upcoming October 5, 2026 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise...
SAN FRANCISCO, Aug. 24, 2026 /PRNewswire/ -- Hagens Berman Sobol Shapiro LLP urges Alibaba Group Holding Limited (NYSE: BABA) investors who suffered substantial losses submit their losses now . A securities fraud class action lawsuit has been file...
Prominent artificial intelligence (AI) researcher Luke Metz has joined Superintelligence Labs at Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB), the social media and technology company. Metz starts at Meta this week and will report directly ...
Alibaba Group (NYSE:BABA), the Chinese technology giant, officially rolled out its latest artificial intelligence (AI) video generation model, Wan3.0, on Monday. The new software can generate 30-second videos directly from text documents, data spr...
Alibaba Group Holding Ltd (NYSE:BABA) is down 1.3% to trade at $117.77, after the China-based e-commerce giant announced a massive $10.2 billion share sale to non-U.S. investors in order to fund artificial intelligence (AI) projects.
Alibaba Group Holding Ltd. (BABA, Financials) wants investors to help fund a much larger AI effort, and the market didn't love the price. The Chinese internet g
A securities class action alleges Alibaba's own filings described its MIIT licensing and AI "distillation" risks in ways that omitted its status as a designated Chinese military company and an ongoing campaign against a U.S. AI developer's model, ...
Alibaba (BABA) sold off ahead of Monday's trading session after the company announced a $10 billion share sale to fund AI investments. Rick Ducat takes investors through his technical analysis of the Chinese ecommerce giant and points to key suppo...
New York, New York--(Newsfile Corp. - August 24, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Alibaba Group Holding Limited ("Alibaba" or the "Company") (NYSE: BABA) on behalf of investors that p...