MediaTek Dips, Akeso Rises, NSEBANK Down | Stock Movers
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Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - MediaTek shares are down 7% as Taiwanese chipmakers gets hit hard on concern over slowing the frontier in AI. - Akeso shares rise as much as 13% after AstraZeneca said it would invest $2b in Summit Therapeutics, a partner of the Hong Kong-listed company. - Indian banks are on a multi-day slide due to macro weakness with the government limiting some bank fees to contain inflation, leaving the NSE Nifty Bank Index down about 1%. See omnystudio.com/listener (https://omnystudio.com/listener) for privacy information. Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street. Check out more episodes of Stock Movers: https://www.youtube.com/playlist?list=PLe4PRejZgr0NxhJreY_kjMBdW8cvmNauU Visit us: https://www.bloomberg.com/podcasts Follow Bloomberg Podcasts on Twitter: https://twitter.com/podcasts Visit
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