News Snapshot:
David Tepper appears to be firmly on the artificial intelligence (AI) bandwagon. All of his top-10 holdings have close AI connections. The billionaire investor doesn't seem to be as bullish about some of those AI stocks as he once was, though. In the first quarter, Tepper sold shares of Amazon, Google parent Alphabet, Microsoft, Facebook parent Meta Platforms, and Nvidia. However, he bought these three AI stocks hand over fist. 1. Alibaba Group Holding Alibaba Group Holding (NYSE: BABA) now ranks as the largest holding in Tepper's Appaloosa Management portfolio. The Chinese tech company leaped past Amazon, Microsoft, Meta, and...