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Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The.

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Speaker 2: Stock Movers podcast, your roundup of companies making moves in

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Speaker 2: the stock market, harnessing the power of Bloomberg Data.

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Speaker 3: I'm Charlie Pelot along with Bloomberg Cross asset reporter Isabelle Lee.

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Speaker 3: And now some of the stocks that were on the

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Speaker 3: move today. Tesla plunged fourteen percent after Elon Musk and

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Speaker 3: President Trump engaged in a public feud on social media,

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Speaker 3: with Trump criticizing Musk's comments on his tax policy bill

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Speaker 3: and Musk firing back. The conflict raises concerns about Trump

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Speaker 3: potentially retaliating against Musk's companies, including Tesla and SpaceX, and

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Speaker 3: could impact Tesla's market value and the ability to deploy

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Speaker 3: autonomous vehicles. Again, Tesla today down by fourteen percent. Isabelle Lee.

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Speaker 3: What about some of the other stocks that move today,

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Speaker 3: specific Chewy.

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Speaker 1: So, this stock actually started in the red and then

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Speaker 1: it's hell it's gain. So it ended today in the green,

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Speaker 1: up by four tenths of one percent. And that comes

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Speaker 1: after Jeffries cut the stock recommendation to hold from buy.

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Speaker 1: So Jeffrey said that the valuation appears prime for a

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Speaker 1: first quarter beat and that the race is unlikely to happen.

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Speaker 1: So we have the company saying that the pet macro

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Speaker 1: looks relatively stable and Chewy's performing well, but the CFO

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Speaker 1: change underway is what's concerning them a little bit. So

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Speaker 1: we're called that and may Chewy announced that it's CFO

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Speaker 1: David Reader will be departing in several months to become

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Speaker 1: CEO of semiconductor firm Integrist. So a lot in Wall Street,

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Speaker 1: including Baird, said they were disappointed to see Dave leave

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Speaker 1: because he just really brought a high degree of financial discipline.

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Speaker 1: So that's what we have for Chewy, but at least

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Speaker 1: it did an end the day in the reds, we

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Speaker 1: have the shares around four tenths of one percent higher.

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Speaker 3: Indeed, not just the supplier of pet food, but also

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Speaker 3: other pet related products another company that was moving today. Indeed,

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Speaker 3: this sector a lot of news this week, companies like

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Speaker 3: Dollar Tree. Today, specifically Dollar Tree surged nine point one percent.

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Speaker 3: What was going on with Dollar Tree?

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Speaker 1: This is interesting and to your point, this segment has

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Speaker 1: a lot of new ones. So we have the stock

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Speaker 1: higher by nine percent. That's after JP Morgan upgraded the

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Speaker 1: discount retailer to overweight. So the move comes in the

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Speaker 1: wake of the company's results where it warned about impact

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Speaker 1: of tariffs. We have Dollar Tree warning investors that its

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Speaker 1: second quarter profit could be down as much as fifty

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Speaker 1: percent a year ago as it deals with tirofilated costs.

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Speaker 1: So the retailer said that the timing of the expenses

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Speaker 1: will weigh on adjusted EPs, including paying one hundred and

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Speaker 1: forty five percent on levies on some China products. On Tuesday,

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Speaker 1: though the opposite happened because we have Dollar General who

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Speaker 1: reported that it's the raised their sales and profit guidance,

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Speaker 1: and we have the stock surging. So the difference is

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Speaker 1: Dollar General generates about eighty percent of sales from food

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Speaker 1: and consumable goods. Well, Dollar Tree just gets half of

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Speaker 1: those revenues from those categories, making it more reliant from

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Speaker 1: other countries. But at least shares popped around nine percent today,

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Speaker 1: but lots to go on in that sector. And you

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Speaker 1: see the interesting disparity between Dollar General and Dollar Tree.

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Speaker 3: In the Dollar General up today by one point nine percent.

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Speaker 3: But interesting to point out the Dollar Tree hire in

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Speaker 3: three of the last four sessions. Big moves Tuesday, Wednesday,

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Speaker 3: and today either to the upside or the downside. Yesterday

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Speaker 3: we had shares of Dollar Tree down eight point four percent,

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Speaker 3: today up by nine point one percent. Our final stock

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Speaker 3: in focus now Planet Labs. What is this company? What

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Speaker 3: does Planet Lab do? And what was behind that almost

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Speaker 3: fifty percent surge in the stock.

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Speaker 1: So Planet Labs is an Earth imaging company. And I

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Speaker 1: had to take a double look too, Charlie, because fifty

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Speaker 1: percent is eye popping. But guess what, that's the most

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Speaker 1: that's the highest since February twenty twenty five. So really

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Speaker 1: the stock has just been popping. So we have shares

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Speaker 1: really surging after the company's first quarter revenue top expectations.

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Speaker 1: We have citizens analysts saying that the company had a

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Speaker 1: stellar quarter and that the stockrament's an opportunity for long

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Speaker 1: term capital appreciation. So Planet Labs recently announced profit beating expectations.

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Speaker 1: And the interesting thing is we have the COEO Will

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Speaker 1: Marshall saying that European demand for satellite data is higher

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Speaker 1: now than it was during the onset of the war,

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Speaker 1: and a lot are expecting that we will see this

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Speaker 1: even higher as it changing dynamics with the US force

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Speaker 1: companies like them to pick up more of that capability themselves,

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Speaker 1: and they're trying to do that quickly. We have wet

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Speaker 1: Bush raising their price target two seven dollars from five dollars,

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Speaker 1: and we know that up to day satellite data is

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Speaker 1: really just an increasingly important role in modern warfare. So

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Speaker 1: it's kind of like a good time for the company,

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Speaker 1: but maybe it says something different for the rest of

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Speaker 1: the world.

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Speaker 3: All Right, you mentioned that five dollars price target. The

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Speaker 3: shares end of the session at five dollars ninety six cents. Again,

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Speaker 3: Bears are paiding up by forty nine point four percent.

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Speaker 2: The Stockmovers podcast from Bloomberg Radio. Check back with us

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Speaker 2: throughout the day for the latest roundup of companies making

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Speaker 2: news on Wall Street and for the latest market moving headlines.

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