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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- TSMC raised its capital spending and revenue projections for the year, a sharp increase that reflects the company’s confidence in global demand for AI infrastructure.
- South Korea will soon announce measures regarding the leveraged exchange-traded funds tied to shares of Samsung Electronics Co. and SK Hynix Inc. that have fueled a surge in market volatility.
- Alibaba and Baidu were lifted after Apple received long-awaited government approval to roll out Apple Intelligence in China, potentially giving it a boost in the world’s most competitive smartphone market.
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