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Hedge-fund billionaire David Tepper has made recent portfolio adjustments. Appaloosa Management reduced its stake in Broadcom Inc.

Alibaba has unveiled a new artificial intelligence chatbot for consumers and announced the pricing and launch date of its new AI glasses. The company's consumer-facing AI application, Quark, announced the Quark AI Chat Assistant, saying it enables users to access real-time information and services via text or voice, according to a Thursday (Oct.

Alibaba stock was climbing after it said it was launching AI-powered smart glasses and a new chatbot.

Alibaba said its Quark AI Glasses will start at 4,699 Chinese yuan ($659.37) with pre-sale beginning Oct. 24 and shipments beginning from December. Alibaba unveiled AI Chat Assistant, a new chatbot mode within its existing Quark app.

Alibaba launched a new AI chatbot assistant service on Thursday, refreshing its push into a consumer-facing space that is dominated by ByteDance and Tencent.

There are only 10 U.S.-listed stocks trading at market caps north of a trillion dollars -- for now. It's an exclusive club, but it's also one with an open door.

Markets remain volatile in both directions as the US-China tariff standoff creates uncertainty for global economies. While major US indices notched multiple new records in 2025, Chinese stocks have also soared, outperforming US and global equities. The iShares MSCI China ETF (MCHI) is up nearly 37% YTD, compared to +19% for the iShares MSCI All-Country World Index ETF (ACWI) and +14% for SPY.

Palantir Technologies (PLTR 1.90%) has been one of the market's hottest growth stocks over the past several years. The data mining and analytics company went public five years ago via a direct listing, and its stock surged from its initial trading price of $10 to nearly $180 today.