1 00:00:02,520 --> 00:00:10,440 Speaker 1: Bloomberg Audio Studios podcasts, radio news. The Stock Movers podcast, 2 00:00:10,800 --> 00:00:14,040 Speaker 1: your roundup of companies making moves in the stock market, 3 00:00:14,240 --> 00:00:18,680 Speaker 1: harnessing the power of Bloomberg data. Time down for the 4 00:00:18,760 --> 00:00:19,639 Speaker 1: Stock Movers. 5 00:00:19,680 --> 00:00:22,480 Speaker 2: I'm Tim King with me David Gerda today and John 6 00:00:22,560 --> 00:00:25,560 Speaker 2: Tucker in here and to begin, we believe this is. 7 00:00:25,520 --> 00:00:27,960 Speaker 1: The phrase David, it's so appropriate for John. 8 00:00:28,720 --> 00:00:30,720 Speaker 2: We believe love inspires. 9 00:00:30,840 --> 00:00:35,360 Speaker 1: Oh, the more loved is in our world, the better 10 00:00:35,640 --> 00:00:37,040 Speaker 1: it is for all. 11 00:00:37,320 --> 00:00:41,839 Speaker 2: It is wedding season, you know, God, the help me? 12 00:00:42,680 --> 00:00:46,120 Speaker 2: Can you tell the difference between a real diamond and one? 13 00:00:45,840 --> 00:00:49,800 Speaker 2: They grow diamonds and where bad well they grow them 14 00:00:49,840 --> 00:00:54,040 Speaker 2: in the lab. Signet Jewelers, owner of K Jewelers and Zails, 15 00:00:54,760 --> 00:00:57,600 Speaker 2: raising its profit outlook for the full year, lifting the 16 00:00:57,640 --> 00:01:00,480 Speaker 2: low end of its sales guidance, signaling confidence in the 17 00:01:00,480 --> 00:01:05,200 Speaker 2: new CEO's overhaul strategy. Also, consumers appear to be more 18 00:01:05,240 --> 00:01:09,920 Speaker 2: willing to spend despite economic turbulence. The company stock that's 19 00:01:09,959 --> 00:01:13,920 Speaker 2: actually has been down seventeen percent through this year. Through 20 00:01:13,920 --> 00:01:17,800 Speaker 2: Monday's close. The company said the new growth strategy showing results. 21 00:01:18,040 --> 00:01:21,240 Speaker 2: This includes expanding the company's share of bridal jewelry sales 22 00:01:21,280 --> 00:01:25,440 Speaker 2: in the US. Signals increased its fashion jewelry assortment, which 23 00:01:25,440 --> 00:01:29,800 Speaker 2: includes items like old jewelry and the lab grown diamonds. Actually, 24 00:01:29,920 --> 00:01:34,160 Speaker 2: my wedding was a wild party. It was that one 25 00:01:34,160 --> 00:01:37,280 Speaker 2: of the best parties I've ever been. Yeah, it didn't 26 00:01:37,520 --> 00:01:41,720 Speaker 2: you remember it didn't Let the party party after party 27 00:01:41,800 --> 00:01:45,759 Speaker 2: was burden yourself here, Chu, stock movers is going down there, 28 00:01:45,880 --> 00:01:50,760 Speaker 2: Let us continue stock movers. Now, Constellation Constellation Energy, which 29 00:01:50,880 --> 00:01:54,200 Speaker 2: is I didn't know, the biggest US nuclear power producers, Constellation. 30 00:01:54,280 --> 00:01:58,680 Speaker 2: They're selling power from their Illinois plant to Meta. This 31 00:01:58,760 --> 00:02:00,880 Speaker 2: is a deal that could lead to const a new 32 00:02:01,080 --> 00:02:04,160 Speaker 2: reactor at the site. And of course you can attribute 33 00:02:04,160 --> 00:02:07,520 Speaker 2: this all to the gobs of power that are consumed 34 00:02:07,600 --> 00:02:13,360 Speaker 2: by artificial intelligence and those data centers. So Meta signed 35 00:02:13,360 --> 00:02:16,240 Speaker 2: a twenty year contract to buy the output from the 36 00:02:16,360 --> 00:02:19,720 Speaker 2: Clinton plant. This starts in mid twenty twenty seven. We 37 00:02:19,760 --> 00:02:21,760 Speaker 2: don't know the terms of it. Those are the latest 38 00:02:21,800 --> 00:02:26,400 Speaker 2: evidence of tech company's voracious appetite for energy. And one 39 00:02:26,440 --> 00:02:30,840 Speaker 2: more better, this is a store. I am pretty confident 40 00:02:30,960 --> 00:02:34,720 Speaker 2: Tom has never entered better than expected first quarter results 41 00:02:34,720 --> 00:02:39,440 Speaker 2: from Dollar General. Dollar General. Do they have these in Brooklyn? 42 00:02:40,720 --> 00:02:44,760 Speaker 2: In some neighborhoods. Yes, They've also raised their outlook for 43 00:02:44,800 --> 00:02:48,280 Speaker 2: the year. The CEO, Tom Vessa, says we are uniquely 44 00:02:48,440 --> 00:02:50,760 Speaker 2: well positioned to serve our customer in a variety of 45 00:02:50,880 --> 00:02:56,120 Speaker 2: economic environments. Also says Dollar General's low income shoppers be 46 00:02:56,200 --> 00:03:01,760 Speaker 2: only squeezed by inflation, and warns that they're skimping on necessities. 47 00:03:02,040 --> 00:03:05,000 Speaker 2: The company has a lot of exposure to imports from China, 48 00:03:05,480 --> 00:03:08,800 Speaker 2: which has of course been a major target at the tariffs. Still, 49 00:03:08,919 --> 00:03:12,440 Speaker 2: the retailer keeping increasing sales and plans to open nearly 50 00:03:12,760 --> 00:03:15,799 Speaker 2: six hundred new locations. 51 00:03:17,080 --> 00:03:21,440 Speaker 1: The Stockmovers podcast from Bloomberg Radio. Check back with us 52 00:03:21,440 --> 00:03:24,360 Speaker 1: throughout the day for the latest roundup of companies making 53 00:03:24,440 --> 00:03:28,040 Speaker 1: news on Wall Street and for the latest market moving headlines. 54 00:03:28,200 --> 00:03:32,120 Speaker 1: Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg 55 00:03:32,160 --> 00:03:34,960 Speaker 1: dot com, and on Applecarplay and Android Auto with the 56 00:03:35,000 --> 00:03:36,360 Speaker 1: Bloomberg Business app.