STMicro Rises, Prosus Climbs, Abivax Plunges
Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- STMicro shares soar as much as 10% to the highest since 2000, after the chipmaker raised its data center revenue forecast for this year to about $1 billion. Analysts say the upgrade reflects the company’s confidence in boosting supply.- Prosus is also benefiting from the AI boom thanks to its shareholding in Tenent which is set to launch an AI agent on WeChat, China's best-used app. - Abivax shares plunged after cancer cases in a crucial clinical trial for an experimental bowel disease drug threw…
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