Alibaba (BABA 127.37, +5.12, +4.2%) introduced a new Qwen3.8-Max AI model, according to Bloomberg.
AstraZeneca (AZN 162.30, -7.34, -4.3%) is in discussions to combine with Bristol Myers Squibb (BMY 68.50, +3.19, +4.9%), according to Financial Times.
Marriott (MAR 359.85, -12.98, -3.5%) beat EPS expectations by $0.11, missed revenue expectations, and guided Q3 EPS below consensus, with FY26 EPS above consensus.