Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- SoftBank reported its first net loss in almost two years after swallowing a $3.7 billion writedown over a US data-center project amid rising fears around the sustainability of AI growth.
- Domestic plays disappoint in Japan, with Japan Tobacco hit harder than most after the company's assets were seized in Russia.
- Minimax is among the other firms up as mainland Chinese investors rotate from AI hardware toward Hong Kong internet shares after the latest turmoil around Nvidia and its investigation into Chief Executive Officer Jensen Huang’s affair.
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