SK Hynix Surges, Alibaba Up, Sony Climbs

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - In the June quarter, Samsung and SK Hynix — whose revenues make up 80% of the memory sector — generated a staggering 150 trillion won ($104 billion) in combined operating profit in a single quarter, driven almost entirely by AI’s demand for advanced memory and storage devices.  - Asian AI-related shares, including data centers and mining stocks, rise in line with a broad rebound in chipmakers after a string of positive earnings helped lift sentiment. Alibaba rises as much as 6.3%  - Sony Group raised its profit outlook after its lucrative content holdings generated continued growth, underscoring the entertainment group’s resilience in the face of rising component prices.See omnystudio.com/listener for privacy information.