SoftBank Drops, Tata Up, Nikkei Recovers | Stock Movers
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Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - SoftBank seeks to raise as much as $100 billion from Gulf investors to help it amp up its bets on AI, the Financial Times reported, citing people familiar with the matter. - Tata Steel trades at a 15% discount to peers on forward EV/Ebitda of 9.5x vs. the 11.2x peer median. Though narrower than the 37% gap seen earlier this year, the discount remains notable - Japan Tobacco, Bandai Namco and Nissan Chemical were three stocks in the Nikkei 225 that set a record high in today’s session. 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
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