BEIJING (Reuters) - The Hong Kong-listed shares of Alibaba Group ( BABA ) surged more than 8% on Thursday following the release of a new reasoning model that the company said was on par with global hit DeepSeek's R1. Qwen, the e-commerce leader's artificial intelligence unit, said on X that its QwQ-32B, with 32 billion parameters, can achieve performance comparable...

02:39 AM EST, 03/06/2025 (MT Newswires) -- Christian Kleinerman, Executive Vice President, Product Management, on March 04, 2025, sold 15,000 shares in Snowflake (SNOW) for $2,576,250. Following the Form 4 filing with the SEC, Kleinerman has control over a total of 887,042 Class A common shares of the company, with 594,975 shares held directly and 292,067 controlled indirectly. SEC Filing:...

02:41 AM EST, 03/06/2025 (MT Newswires) -- Perry A Sook, Director, Chief Executive Officer, on March 04, 2025, sold 64,920 shares in Nexstar Media Group ( NXST ) for $11,013,654. Following the Form 4 filing with the SEC, Sook has control over a total of 1,749,151 common shares of the company, with 773,195 shares held directly and 975,956 controlled indirectly....

02:34 AM EST, 03/06/2025 (MT Newswires) -- Arvind Nithrakashyap, Director, Chief Technology Officer, on March 03, 2025, sold 97,453 shares in Rubrik ( RBRK ) for $6,038,751. Following the Form 4 filing with the SEC, Nithrakashyap has control over a total of 219,279 Class A common shares of the company, with 219,279 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1943896/000141588925007119/xslF345X05/form4-03062025_010303.xml ...