1 00:00:02,520 --> 00:00:09,040 Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The. 2 00:00:08,880 --> 00:00:13,160 Speaker 2: Stock Movers podcast, your roundup of companies making moves in 3 00:00:13,200 --> 00:00:17,880 Speaker 2: the stock market, harnessing the power of Bloomberg Data. Let's 4 00:00:17,920 --> 00:00:20,160 Speaker 2: take a look at some stocks on the move today. 5 00:00:20,160 --> 00:00:22,480 Speaker 2: I'm Paul Sweeney with Alex Deel. I were joined by 6 00:00:22,560 --> 00:00:24,040 Speaker 2: Bloomberg's Isabellie Isabel What. 7 00:00:24,079 --> 00:00:27,760 Speaker 1: He got Chewey ticker CHWY so shares our flat now 8 00:00:28,120 --> 00:00:30,600 Speaker 1: around nine ten to one percent. It was down pre market, 9 00:00:30,600 --> 00:00:33,200 Speaker 1: but I guess that they paired some of those losses. 10 00:00:33,200 --> 00:00:36,440 Speaker 1: So we have Jeffries cutting the recommendation to hold. Jeffrey 11 00:00:36,440 --> 00:00:39,240 Speaker 1: said that valuation appears prime for a first quarter beat 12 00:00:39,440 --> 00:00:42,240 Speaker 1: and that a raise is unlikely to happen. They also 13 00:00:42,280 --> 00:00:45,040 Speaker 1: said that the pet macro looks relatively stable and Chewy's 14 00:00:45,040 --> 00:00:49,640 Speaker 1: performing well, but the CFO change underway is a little concerning. 15 00:00:49,680 --> 00:00:52,040 Speaker 1: So in May, recall the Chewey announced that it's CFO 16 00:00:52,200 --> 00:00:55,600 Speaker 1: David Reader will depart in several months, and as he 17 00:00:56,240 --> 00:01:00,400 Speaker 1: really comes to lead a semiconductor company called Antigris, semon 18 00:01:00,440 --> 00:01:03,000 Speaker 1: Wall streets were really disappointed that he left. So this 19 00:01:03,040 --> 00:01:04,760 Speaker 1: is one of those examples that you know you're sad 20 00:01:04,800 --> 00:01:06,920 Speaker 1: to see a leader go true, But aren't we like 21 00:01:06,920 --> 00:01:09,120 Speaker 1: total invest in your face and invest in your pets? Like, 22 00:01:09,160 --> 00:01:10,080 Speaker 1: aren't those the two. 23 00:01:09,880 --> 00:01:12,360 Speaker 2: Things I thought? I'm about to learn. 24 00:01:12,120 --> 00:01:14,000 Speaker 1: That he's getting a preepy. 25 00:01:14,200 --> 00:01:18,800 Speaker 2: Oh my god, in my entire life. What reed Australian labordoodle? 26 00:01:19,240 --> 00:01:21,679 Speaker 1: Oh my gosh, the pictures of the puppy is like 27 00:01:21,760 --> 00:01:25,280 Speaker 1: to die for. Okay, Dollar Tree, Dollar Tree, So tickers 28 00:01:25,319 --> 00:01:28,039 Speaker 1: dlt our shares are rising more than seven percent, and 29 00:01:28,040 --> 00:01:31,360 Speaker 1: that's after JP Morgan upgraded the stuff to overweight. So 30 00:01:31,400 --> 00:01:33,480 Speaker 1: the move comes again in the wake of the company's 31 00:01:33,480 --> 00:01:35,800 Speaker 1: results when it warned about the impacts of tariffs. We 32 00:01:35,880 --> 00:01:38,520 Speaker 1: have JP Morgan analysting it sees a lot of positives 33 00:01:38,760 --> 00:01:41,640 Speaker 1: in the result. So Dollar Dollar Tree shouldn't be confused 34 00:01:41,760 --> 00:01:44,560 Speaker 1: with Dollar General. We have Dollar Tree warning investors that 35 00:01:44,600 --> 00:01:46,560 Speaker 1: its second quarter profit could be down as much as 36 00:01:46,600 --> 00:01:49,680 Speaker 1: fifty percent this year, and that's unconscious of Dollar General, 37 00:01:49,880 --> 00:01:53,800 Speaker 1: which reported really good earning. So Dollar General generates around 38 00:01:53,800 --> 00:01:56,080 Speaker 1: eighty percent of its sales from food and consumer goods, 39 00:01:56,240 --> 00:01:58,880 Speaker 1: but Dollar Tree gets just half of its revenue from 40 00:01:58,920 --> 00:02:01,120 Speaker 1: those categories. And wait, it was just interesting to me 41 00:02:01,200 --> 00:02:04,040 Speaker 1: that these two dollars stores really have this huge disparity, 42 00:02:04,400 --> 00:02:06,720 Speaker 1: and it just makes you realize that there's really a 43 00:02:06,720 --> 00:02:08,600 Speaker 1: lot under the hood when it comes to these companies 44 00:02:09,600 --> 00:02:13,320 Speaker 1: and running it out. Planet Labs, this one, the tacker 45 00:02:13,400 --> 00:02:15,640 Speaker 1: is pl I had to take a double box Planet 46 00:02:15,680 --> 00:02:19,280 Speaker 1: Lambs again, it's an Earth imaging company, and I had 47 00:02:19,320 --> 00:02:21,639 Speaker 1: to take a double look because shares are up almost 48 00:02:21,639 --> 00:02:24,519 Speaker 1: sixty percent. That's our record jump. So company's first revenue 49 00:02:24,600 --> 00:02:28,240 Speaker 1: quarter toop expectations. We have citizens analysts saying that the 50 00:02:28,280 --> 00:02:30,720 Speaker 1: company had a stellar quarter and the stock remains an 51 00:02:30,760 --> 00:02:35,160 Speaker 1: opportunity for long term capital appreciation. So it's interesting because 52 00:02:35,200 --> 00:02:37,720 Speaker 1: this comes as europikes defense spending in response to a 53 00:02:37,720 --> 00:02:41,160 Speaker 1: pullback from the US, and we have the COEO, Will Marshall, 54 00:02:41,200 --> 00:02:44,280 Speaker 1: saying that European demand for satellite data is higher now 55 00:02:44,520 --> 00:02:47,040 Speaker 1: than it was during the onset of the Ukraine War. 56 00:02:47,240 --> 00:02:49,760 Speaker 1: So with the change dynamics in the US, the CEO 57 00:02:49,800 --> 00:02:51,280 Speaker 1: said that they're trying to pick up more of that 58 00:02:51,320 --> 00:02:55,040 Speaker 1: capability themselves. So good for them because they're going to 59 00:02:55,040 --> 00:02:57,760 Speaker 1: be producing probably a lot of imaging. Their earnings included 60 00:02:57,919 --> 00:03:01,160 Speaker 1: some items were one point two million this and that's 61 00:03:01,200 --> 00:03:04,480 Speaker 1: after analysts were expecting a three million dollar Loss. 62 00:03:05,639 --> 00:03:09,760 Speaker 2: The Stock Movers podcast from Bloomberg Radio. Check back with 63 00:03:09,840 --> 00:03:12,600 Speaker 2: us throughout the day for the latest roundup of companies 64 00:03:12,639 --> 00:03:15,680 Speaker 2: making news on Wall Street and for the latest market 65 00:03:15,720 --> 00:03:20,120 Speaker 2: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, 66 00:03:20,120 --> 00:03:23,400 Speaker 2: Bloomberg dot com, and on Applecarplay and Android Auto with 67 00:03:23,440 --> 00:03:24,919 Speaker 2: the Bloomberg Business app.