1 00:00:02,520 --> 00:00:07,360 Speaker 1: Bloomberg Audio Studios, podcasts, radio News. 2 00:00:08,560 --> 00:00:12,440 Speaker 2: The Stock Movers Report, your roundup of companies making moves 3 00:00:12,480 --> 00:00:16,080 Speaker 2: in the stock market, harnessing the power of Bloomberg. 4 00:00:15,600 --> 00:00:18,360 Speaker 1: Data stocks that are on the move this morning, And 5 00:00:18,440 --> 00:00:20,239 Speaker 1: for that we bring in Carmen Renike. She is our 6 00:00:20,280 --> 00:00:22,920 Speaker 1: Bloomberg Equities reporter. Carmen, what are you looking at? 7 00:00:23,160 --> 00:00:25,040 Speaker 3: Yeah, so the first one I'm looking at this morning 8 00:00:25,079 --> 00:00:28,960 Speaker 3: is Nebuus Group. This is ticker nbis so shares her 9 00:00:29,040 --> 00:00:31,680 Speaker 3: up about twelve percent right now. This is only the 10 00:00:31,720 --> 00:00:34,320 Speaker 3: most in like a few days, but you know, still 11 00:00:34,360 --> 00:00:37,640 Speaker 3: pretty significant jump. It's at the highest since November. Basically, 12 00:00:37,720 --> 00:00:40,040 Speaker 3: what happened is Meta Platforms announced it will pay as 13 00:00:40,120 --> 00:00:42,640 Speaker 3: much as twenty seven billion over the next five years 14 00:00:42,640 --> 00:00:47,400 Speaker 3: for access to artificial intelligence infrastructure from Nebuus, which is 15 00:00:47,520 --> 00:00:51,280 Speaker 3: a new cloud so cloud provider that operates data centers. 16 00:00:51,320 --> 00:00:54,880 Speaker 3: And this company also has a strategic partnership with Nvidiacorp, 17 00:00:55,440 --> 00:00:59,279 Speaker 3: which will also provide you know, Meta some dedicated capacity 18 00:00:59,360 --> 00:01:03,080 Speaker 3: started in twenty twenty seven. So just seeing you know, 19 00:01:03,160 --> 00:01:05,560 Speaker 3: more and more companies put more money into building out 20 00:01:05,560 --> 00:01:10,160 Speaker 3: the artificial intelligence infrastructure, and yeah, looks really good for 21 00:01:10,160 --> 00:01:11,240 Speaker 3: some of these cloud providers. 22 00:01:11,440 --> 00:01:13,399 Speaker 1: Yeah, it's putting on Hebby is certainly in a prime 23 00:01:13,440 --> 00:01:15,520 Speaker 1: position here, all right, next up on your list. 24 00:01:15,760 --> 00:01:18,279 Speaker 3: Yeah, so we got to look at Dollar Tree shares 25 00:01:18,319 --> 00:01:21,000 Speaker 3: doing pretty well here as well. This is ticker DLTR. 26 00:01:21,440 --> 00:01:24,000 Speaker 3: Shares up about four point nine percent, So this is 27 00:01:24,040 --> 00:01:27,720 Speaker 3: the best intra day since early January. So the company 28 00:01:27,720 --> 00:01:30,960 Speaker 3: at earnings this morning, and investors are happy with the 29 00:01:30,959 --> 00:01:33,520 Speaker 3: results that they're seeing. Sort of a key thing to 30 00:01:33,520 --> 00:01:37,560 Speaker 3: point out, so they've introduced higher priced items to sort 31 00:01:37,560 --> 00:01:41,319 Speaker 3: of get more wealthier, higher income I guess shoppers coming 32 00:01:41,319 --> 00:01:44,479 Speaker 3: to their stores. So that helped also by increasing sort 33 00:01:44,520 --> 00:01:47,480 Speaker 3: of store traffic, so more people coming in to buy 34 00:01:47,480 --> 00:01:50,280 Speaker 3: these items and arrange from three dollars to five dollars. 35 00:01:50,320 --> 00:01:53,280 Speaker 3: So boosted results for that for that company. 36 00:01:53,320 --> 00:01:55,160 Speaker 1: All right, we know when you're the end of earning 37 00:01:55,200 --> 00:01:57,440 Speaker 1: season when you've got the retailers reporting, but you do 38 00:01:57,520 --> 00:01:58,920 Speaker 1: have a tech company reporting as well. 39 00:01:59,040 --> 00:02:01,520 Speaker 3: Yeah, so Micro here, this is ticker MU, and this 40 00:02:01,560 --> 00:02:03,040 Speaker 3: is going to be a really interesting one to watch 41 00:02:03,040 --> 00:02:05,200 Speaker 3: because the memory names have done so well this year. 42 00:02:05,240 --> 00:02:08,000 Speaker 3: So shares are up about also about five percent today. 43 00:02:08,040 --> 00:02:10,000 Speaker 3: This could close at a record high if it stays 44 00:02:10,000 --> 00:02:12,800 Speaker 3: at this level. And Yeah, what we're looking at is 45 00:02:12,919 --> 00:02:15,560 Speaker 3: results come after close on Wednesday. 46 00:02:16,639 --> 00:02:20,680 Speaker 2: This Stock Movers report from Bloomberg Radio. Check back with 47 00:02:20,760 --> 00:02:23,320 Speaker 2: us throughout the day for the latest roundup of companies 48 00:02:23,400 --> 00:02:26,480 Speaker 2: making news on Wall Street and for the latest market 49 00:02:26,520 --> 00:02:31,000 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 50 00:02:31,080 --> 00:02:34,600 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 51 00:02:34,639 --> 00:02:36,160 Speaker 2: the Bloomberg Business app.