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MediaTek Rises, Innovent Jumps, Woodside Falls
Published 1 month, 2 weeks ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- MediaTek shares rise alongside other Asian tech stocks after OpenAI said that its new Jalapeno semiconductor chips performed better than Nvidia’s current lineup during testing.
- Innovent Biologics shares jumped as much as 12.6% after its net profit in the first half of the year beat estimates, following strong product growth thanks to an enriched drug portfolio.
- Woodside Energy shares slump as oil falls for a third day, after Iran and Oman discussed an “interim framework” aimed at resuming shipping through the Strait of Hormuz.
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