About this episode
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Alibaba (BABA) is tumbling after announcing a plan to raise about HK$80 billion ($10.2 billion) from a share sale. The share placement is expected to dilute earnings and hurt stock performance in the near term, analysts said. Meanwhile, the fundraising will help drive AI-led growth and the impact on earnings will be limited if the company can improve AI payoffs, they added. The tech and chip sectors are seeing a broader selloff globally.
- SoftBank (SFTBY) is moving on news it plans a record ¥1 trillion retail bond sale to raise funds for its investment commitments to OpenAI.
- Bitcoin (BTC) is continuing its rally. Spot Bitcoin exchange-traded funds had their strongest weekly inflow in 10 months last week as the original cryptocurrency surged.
See omnystudio.com/listener for privacy information.
Get every episode summarized
Each time Stock Movers publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from Stock Movers
Weekly Roundup: Skyworks Surges, Lululemon Falls, Cooper Drops
Stock Movers
Closing Bell: HPE Rallies, Dell Gains, Oracle Slips
Stock Movers
Oracle After Earnings, Microsoft Rallies, Adobe Disappoints
Stock Movers
Oracle Gains; Microsoft Plans Data Center Push; Adobe Forecast Misses Views
Stock Movers