Samsung Whipsaws, Zhongji Innolight Drops, Japanese Banks Fall
Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - Samsung posted a 250-fold surge in chip profits and now expects memory shortages to worsen next year, reflecting the relentless pace of a global AI infrastructure buildout. - Zhongji Innolight dropped in its Hong Kong trading debut after raising HK$53.4 billion ($6.8 billion) in the city’s largest listing in seven years. - Bank shares were the heaviest drag on the broader Topix, after the Fed decided not to hike interest rates at its Wednesday policy meeting.See omnystudio.com/listener for privacy…
The skinny
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