SK Hynix Slides, MUFG Gains, Baidu Slumps

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- SK Hynix extended its brutal selloff in Seoul, taking its two-day slump to more than 20% as a rout in global AI hardware stocks fueled fresh concerns that this year’s blockbuster rally in chipmakers had run too far, too fast.
- MUFG’s stock market value shot up to the highest in Japan, marking the first time a bank reached the top position since the current so-called three megabank groups were established.
- Shares of Baidu drop in Hong Kong amid growing concerns over its earnings after hosting a preview with analysts on Monday.

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