Speaker 1: Bloomberg Audio Studios, Podcasts, Radio News.
Speaker 2: The Stock Movers report your roundup of companies making moves
Speaker 2: in the stock market. Harnessing the power of Bloomberg Data.
Speaker 1: I Jip sat back along with Emily Graffeo. We're joined
Speaker 1: by Bloomberg News Cross asset reporter Deniita Sikoba to take
Speaker 1: a look at some stocks on the move today. Wow,
Speaker 1: no shortage of stocks to choose from.
Speaker 3: No shortage, no shortage of stocks, no shortage of moves.
Speaker 3: But we're gonna start with one big winner, just as
Speaker 3: stocks continue to sell off in after hours, and we're
Speaker 3: going to start with Applied Digitals, which share is called
Speaker 3: sixteen percent hire today and gain thirty percent this week.
Speaker 3: This is one of the biggest gainers despite tech stocks
Speaker 3: facing a big sale off, The stock is up three
Speaker 3: hundred and seventy percent this year. Shares of the company
Speaker 3: climbed after the data center developers secured more funding and
Speaker 3: Lee's agreements for its projects for bullish hyperscre first revenue.
Speaker 3: First quarter revenue was better than expected and the loss
Speaker 3: was about three cents a share, which is narrow than
Speaker 3: the six sixteen cent share the street we're expecting. This
Speaker 3: is kind of one of the new hot stocks that's
Speaker 3: been catching fire. AI and infrastructure name that has been
Speaker 3: doing quite well and obviously has a deal with Coreweve,
Speaker 3: which is also one of the few stocks that was
Speaker 3: up today and was seeing some positive momentum. That's ap
Speaker 3: l D closing out the week up twenty eight percent,
Speaker 3: and that follows last week's gain of twenty two Yeah,
Speaker 3: it's been incredible rally.
Speaker 2: What about logistics shifting?
Speaker 3: What would we have logistics tariffs? It's our full circle.
Speaker 3: FedEx had a really really bad week. It fell five
Speaker 3: percent today, down eight percent this week. Obviously the tire
Speaker 3: headlines are not helping, but it also had a JP
Speaker 3: Morgan downgrade from overweight the current it's currently neutral. The
Speaker 3: decrees fd X JP Morgan rites the perception of weekend
Speaker 3: price discipline among less than truckload carrier justifies lower multiples.
Speaker 3: The stock is down twenty percent year today. Most of
Speaker 3: the reduction to adjusted operating profits stems from lawdershipments from
Speaker 3: China to the US that has been you know, FedEx
Speaker 3: has been one of the names everyone has been watching
Speaker 3: on tariff impact and clearly this has been hit very
Speaker 3: hard and today we're seeing even more broadly, the transport
Speaker 3: sector has been hit by that, and this is one
Speaker 3: of the names that really we see that impact.
Speaker 1: Okay, Rare Earth's always in the nebs of light. MP
Speaker 1: Materials also on your.
Speaker 3: Radar, one of the rare winners today. MP material It
Speaker 3: had a major jump after the headlines. Still we had
Speaker 3: a very strong day, up ten percent on the week present.
Speaker 3: Trump's threat to Jacob tariffs in China has sent investors
Speaker 3: looking for rare earth mineral companies and Western firms, and
Speaker 3: MP has been the big winner. Washington in Eastern year
Speaker 3: in recent years has tried to pump up the market.
Speaker 3: We saw in July the US Department of Defense agreed
Speaker 3: to four hundred million equity investment in MP Materials and
Speaker 3: that has been paying off. The companies up more than
Speaker 3: four hundred percent this year, and it has been one
Speaker 3: of the market favorites as starve headlines have been hitting
Speaker 3: the terminal.
Speaker 2: The Stock Movers report from Bloomberg Radio. Check back with
Speaker 2: us throughout the day for the latest roundup of companies
Speaker 2: making news on Wall Street and for the latest market
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