TDK Rises, Hyundai Rotem Sinks, Alibaba Gains | Stock Movers

By Bloomberg Podcasts

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Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - TDK shares are up as much as 6.4% after strong gains yesterday, as traders put money into niche corners of the AI ecosystem including component makers and stocks linked to the data center build-out. - Asian Defense stocks such as Hyundai Rotem are down despite ongoing global conflicts, mirroring the drawdown in US defense names amid speculation that after the midterm elections there could be pressure to reduce military spending around the world. - Chinese tech names are finally have a good day as Huawei's LogicFolding chips get the validation of a licensing agreement with Qualcomm. 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

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