SoftBank Drops, Tata Up, Nikkei Recovers

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- SoftBank seeks to raise as much as $100 billion from Gulf investors to help it amp up its bets on AI, the Financial Times reported, citing people familiar with the matter.
- Tata Steel trades at a 15% discount to peers on forward EV/Ebitda of 9.5x vs. the 11.2x peer median. Though narrower than the 37% gap seen earlier this year, the discount remains notable
- Japan Tobacco, Bandai Namco and Nissan Chemical were three stocks in the Nikkei 225 that set a record high in today’s session.

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