19+ hour, 48+ min ago (666+ words) Alibaba shares climbed more than 5% during Hong Kong trading Monday after the company revealed its Qwen AI assistant reached 10 million downloads just one week following its relaunch. The rapid adoption rate signals strong consumer interest in homegrown artificial intelligence tools and validates management's strategic pivot toward AI-powered services. The company shared the milestone through a WeChat blog post, marking an impressive start for its challenge to established AI platforms. The download figures represent one of the fastest launches for an AI application in the Chinese market, where international competitors face significant barriers to entry. Alibaba revamped its mobile applications on iOS and Android platforms this month, consolidating previously separate services under the unified Qwen brand. This rebranding effort streamlined the user experience while establishing a clear identity for the company's AI initiatives. The consolidation strategy allows Alibaba to concentrate marketing…...

22+ hour, 49+ min ago (913+ words) The Irish-based investment firm joins a growing list of institutional investors adjusting their exposure to Strategy as the company navigates a transformative period in its business evolution. The timing of the purchase coincides with major changes in how the market values the company and its prospects in the competitive enterprise software landscape. Several other hedge funds have recently modified their holdings in Strategy stock, creating a flurry of activity that reflects both optimism about the company's direction and uncertainty about its valuation. The varied approaches different institutions are taking highlight the complexity investors face when evaluating Strategy's current position and future potential. These moves collectively demonstrate renewed institutional interest in Strategy despite significant volatility in the stock price. Institutional investors and hedge funds now own 59.84% of the company's stock, giving them substantial influence over trading patterns and corporate governance decisions....

19+ hour, 19+ min ago (638+ words) Broadcom shares jumped 8.34% to close at $368.58 Monday, delivering one of the stock's strongest single-day performances in recent months. The semiconductor giant reached an intraday high of $370 amid exceptionally heavy trading volume, reflecting widespread investor enthusiasm about the company's position in the artificial intelligence infrastructure buildout. The rally pushes shares closer to the 52-week high of $386.48 and caps a remarkable year in which the stock has more than doubled. The gains come as semiconductor investors increasingly focus on which companies are best positioned to capitalize on sustained enterprise spending on AI capabilities. Third quarter fiscal 2025 results revealed the strength driving investor confidence. Total revenue reached a record $16 billion, representing 22% growth compared to the same period last year. However, the headline number masks even more impressive performance within specific business segments. AI-related revenue accelerated 63% to hit $5.2 billion during the quarter, demonstrating that…...

18+ hour, 46+ min ago (575+ words) Wanda Cooper-Jones has transformed unimaginable grief into a movement. Five years after losing her son Ahmaud Arbery in a racially motivated killing that shocked the nation, she continues showing up for young Black boys and teens through the Ahmaud Arbery Foundation. With adidas standing beside her since the early days, Cooper-Jones has built a legacy [] The post Ahmaud Arbery's mom, Wanda Cooper-Jones, on honoring Ahmaud with adidas appeared first on Rolling Out. Ahmaud Arbery's mom, Wanda Cooper-Jones, on honoring Ahmaud with adidas Wanda Cooper-Jones has transformed unimaginable grief into a movement. Five years after losing her son Ahmaud Arbery in a racially motivated killing that shocked the nation, she continues showing up for young Black boys and teens through the Ahmaud Arbery Foundation. With adidas standing beside her since the early days, Cooper-Jones has built a legacy that refuses to…...

17+ hour, 11+ min ago (747+ words) Before the world descends on Miami for Art Basel, Herd Haus is claiming its own moment with a three-day weekend takeover at Arlo Wynwood. From November 28 through 30, the community-focused running crew transforms the hotel into a hub where art, culture, running and human connection converge during what organizers call the biggest week of art in the world. The weekend takeover represents more than just a series of events. It's a celebration of growth and connection, designed to welcome everyone regardless of whether they consider themselves runners, artists or simply curious souls seeking meaningful experiences in Miami's most dynamic neighborhood. The weekend opens on November 28 with The Miles In Between, an immersive gallery night celebrating the story, creativity and community behind The Herd since the crew's formation. This isn't just another art exhibition but rather a deep dive into how a…...

18+ hour, 15+ min ago (616+ words) The decline stands in contrast to Wall Street's maintained optimism, creating a disconnect between analyst expectations and current investor sentiment. This divergence raises questions about whether the market is overreacting to near-term concerns or if analysts are underestimating challenges facing the company's growth trajectory. Keirstead's analysis highlighted strong revenue growth prospects for Azure in 2026, driven by new artificial intelligence capacity coming online. His price target assumes the company's 2027 free cash flow multiple will reach 50 times, a premium valuation that reflects expectations for sustained high growth rates. The UBS analyst noted the stock currently trades at a forward multiple of 42 times free cash flow and 25 times non-GAAP earnings per share. He argued this valuation will appear reasonable if Azure sustains growth in the high 30% to low 40% range, accompanied by non-GAAP earnings per share growth of 20% to 25%. Microsoft announced a major strategic…...

1+ hour, 20+ min ago (451+ words) The situation became complicated when BP initially restored one of two pipelines east of Everett that had been closed during the investigation. However, the company shut down the restored line again shortly afterward, completely halting refined product deliveries through the system. The total amount of leaked fuel continues to be assessed as the investigation progresses. The severity of the situation prompted Oregon Governor Tina Kotek to declare a fuel emergency on Monday, activating the state's emergency management plan. The governor's office is coordinating response efforts with Oregon's energy and transportation departments to address the supply disruption and prevent shortages from affecting consumers and businesses. Washington Governor Bob Ferguson had already declared an emergency the previous week in response to the pipeline shutdown and its impact on jet fuel supplies to Seattle-Tacoma International Airport. The declarations give state officials additional authority…...

21+ hour, 23+ min ago (405+ words) For three and a half quarters on Sunday, everything pointed toward a loss that the Detroit Lions simply couldn't afford. Ford Field groaned with frustration, the pass rush was invisible, the offense sputtered, and the New York Giants kept unveiling trick plays that left Detroit's defense spinning. But in a season suddenly packed with expectations, the Lions authored the kind of chaotic, character-revealing victory that good teams find a way to steal, according to ESPN. Detroit's 34-27 overtime win wasn't pretty " until it was dazzling. Once the kick sailed through, momentum flipped instantly. On the very first snap of overtime, Gibbs took a handoff, burst through a crease, and ripped off a 69-yard touchdown sprint that ignited Ford Field and handed Detroit its first lead of the game. All that remained was a stop " and an embattled defense finally delivered. Aidan…...

20+ hour, 51+ min ago (660+ words) Las Vegas becomes the epicenter of college basketball once again as the Players Era Festival returns for its second year with a dramatically expanded format. The NIL-driven event has grown from eight teams in its inaugural season to an impressive 18-team field, creating one of the most anticipated early-season tournaments in recent memory. The four-day competition tips off Monday and runs through Thursday at two premier venues: MGM Grand Garden Arena and Michelob Ultra Arena. What makes this tournament particularly compelling is the concentration of elite talent, with eight ranked teams among the 18 programs competing for the championship. The tournament wastes no time delivering marquee games. 1. Alabama faces 2. Gonzaga in what promises to be one of the week's most intense battles, with both programs ranked in the top 12 nationally. The Crimson Tide and Bulldogs each bring championship aspirations and rosters…...

15+ hour, 30+ min ago (435+ words) A tornado warning was issued for southern Montgomery and northwestern Harris counties on Monday afternoon as severe weather swept through the Houston area, prompting urgent safety alerts from the National Weather Service. The warning, which remained in effect until 1:45 p.m., came as meteorologists tracked a powerful storm system capable of producing tornadoes moving across the region. The severe storm was located over Cypress around 1:17 p.m. and continued moving northeast at 30 mph, placing multiple communities in its path. The National Weather Service posted urgent instructions on social media, directing residents to take cover immediately by moving to basements or interior rooms on the lowest floors of sturdy buildings while avoiding windows. Those caught outdoors or in vehicles were instructed to move to the closest substantial shelter and protect themselves from flying debris, as tornadoes can develop rapidly and cause catastrophic damage within seconds....