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.
Speaker 1: Data stocks that are on the move this morning, And
Speaker 1: for that we bring in Carmen Renike. She is our
Speaker 1: Bloomberg Equities reporter. Carmen, what are you looking at?
Speaker 3: Yeah, so the first one I'm looking at this morning
Speaker 3: is Nebuus Group. This is ticker nbis so shares her
Speaker 3: up about twelve percent right now. This is only the
Speaker 3: most in like a few days, but you know, still
Speaker 3: pretty significant jump. It's at the highest since November. Basically,
Speaker 3: what happened is Meta Platforms announced it will pay as
Speaker 3: much as twenty seven billion over the next five years
Speaker 3: for access to artificial intelligence infrastructure from Nebuus, which is
Speaker 3: a new cloud so cloud provider that operates data centers.
Speaker 3: And this company also has a strategic partnership with Nvidiacorp,
Speaker 3: which will also provide you know, Meta some dedicated capacity
Speaker 3: started in twenty twenty seven. So just seeing you know,
Speaker 3: more and more companies put more money into building out
Speaker 3: the artificial intelligence infrastructure, and yeah, looks really good for
Speaker 3: some of these cloud providers.
Speaker 1: Yeah, it's putting on Hebby is certainly in a prime
Speaker 1: position here, all right, next up on your list.
Speaker 3: Yeah, so we got to look at Dollar Tree shares
Speaker 3: doing pretty well here as well. This is ticker DLTR.
Speaker 3: Shares up about four point nine percent, So this is
Speaker 3: the best intra day since early January. So the company
Speaker 3: at earnings this morning, and investors are happy with the
Speaker 3: results that they're seeing. Sort of a key thing to
Speaker 3: point out, so they've introduced higher priced items to sort
Speaker 3: of get more wealthier, higher income I guess shoppers coming
Speaker 3: to their stores. So that helped also by increasing sort
Speaker 3: of store traffic, so more people coming in to buy
Speaker 3: these items and arrange from three dollars to five dollars.
Speaker 3: So boosted results for that for that company.
Speaker 1: All right, we know when you're the end of earning
Speaker 1: season when you've got the retailers reporting, but you do
Speaker 1: have a tech company reporting as well.
Speaker 3: Yeah, so Micro here, this is ticker MU, and this
Speaker 3: is going to be a really interesting one to watch
Speaker 3: because the memory names have done so well this year.
Speaker 3: So shares are up about also about five percent today.
Speaker 3: This could close at a record high if it stays
Speaker 3: at this level. And Yeah, what we're looking at is
Speaker 3: results come after close on Wednesday.
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