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Kioxia Climbs, Leveraged Samsung Surges, Alibaba Rises
Published 1 month, 4 weeks ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Kioxia shares rise after a boost in demand for AI related stocks, as Anthropic tells prospective investors that its second-quarter revenue jumped at least 14-fold versus the same period a year ago.
- Leveraged Samsung shares rise alongside other leveraged ETFs listed in Hong Kong, after investors pile into more risky bets as South Korean markets remain closed today.
- Alibaba shares rise as much as 2.5% after the e-commerce giant disclosed a deal to sell its gaming arm and touted claims of more than 3 billion downloads for its open AI model.
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