Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Samsung shares rise as much as 8% alongside other South Korean chipmakers, as appetite returned after traders weighed a local media report that Singapore’s Temasek plans to invest in Samsung and SK Hynix.
- Tencent shares fell ahead of its earnings, after reports that the company will need to outline its progress in AI against deep-pocketed rivals such as Alibaba and ByteDance.
- Taiyo Yuden shares rise as much as 6.7% after reports that Situational Awareness bought shares in the Japanese server components maker in late June and then built up its stake to 11.62%.