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Alibaba’s Qwen3.8-Max Launch: What BABA vs. BIDU Means for Investors
Insider Monkey2d agoneutral
Alibaba’s Qwen3.8-Max Launch: What BABA vs. BIDU Means for Investors

Alibaba (NYSE:BABA) unveiled its largest and most capable AI model to date on August 3, and the market noticed immediately, sending its Hong Kong-listed shares up about 7% the same day. The new model, Qwen3.8-Max, arrives as Chinese AI developers race each other on a near-weekly cadence, and it is another data point in the […]

Investing.com2d agobullish
Twilio soars 16% on earnings beat and strong guidance

Investing.com -- Twilio Inc (NYSE:TWLO) shares surged 16.5% in after-hours trading Thursday after the customer engagement infrastructure company reported second quarter results that exceeded analyst expectations and issued guidance well above consensus estimates.

Reuters2d agobullish
Atlassian beats quarterly estimates on strong cloud demand

Collaboration software maker Atlassian beat Wall Street expectations for fourth-quarter ‌revenue on Thursday, riding on strong ‌demand for its enterprise software services and cloud-based products. Here ​are some details: • Shares of the company were up 35.2% in extended trading. Atlassian, whose software tools such as Jira Service Management ‌and Rovo help ⁠clients manage teams, track work and analyze data, has benefitted from more ⁠companies incorporating machine learning and automating tasks.

Microchip Tech forecasts upbeat quarterly revenue on strong demand
Reuters2d agobullish
Microchip Tech forecasts upbeat quarterly revenue on strong demand

Microchip Technology forecast second-quarter revenue and profit above Wall Street estimates ‌on Thursday, on strengthening demand for ‌its chips used in AI data centers as well ​as the industrial, automotive and aerospace sectors. The company has benefited from a cyclical recovery in key end-markets, including industrial and automotive, as well ‌as surging demand ⁠from AI-related data centers, with robust aerospace- and defense-related spending fueled by ⁠geopolitical tensions. Here are some details: • For the second quarter, Microchip forecast revenue of $1.59 billion to $1.62 ​billion, above ​analysts' average estimate of $1.55 ​billion, according to ‌data compiled by LSEG.

Monster (NASDAQ:MNST) Surprises With Q2 CY2026 Sales
StockStory2d agoneutral
Monster (NASDAQ:MNST) Surprises With Q2 CY2026 Sales

Energy drink company Monster Beverage (NASDAQ:MNST) reported Q2 CY2026 results exceeding the market’s revenue expectations, with sales up 20.2% year on year to $2.54 billion. Its non-GAAP profit of $0.60 per share was 3% above analysts’ consensus estimates.