1 00:00:02,520 --> 00:00:08,800 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 --> 00:00:16,480 Speaker 2: the stock market, harnessing the power of Bloomberg data. 4 00:00:17,440 --> 00:00:19,400 Speaker 3: Let's take a look at some of the stocks on 5 00:00:19,640 --> 00:00:20,799 Speaker 3: the move today on Paul. 6 00:00:20,600 --> 00:00:23,600 Speaker 2: Sweeney along with Alex Steele, and we're joined by Bloomberg's 7 00:00:23,680 --> 00:00:24,840 Speaker 2: Red Brown Red. What do you got? 8 00:00:24,960 --> 00:00:27,400 Speaker 1: Yeah, Number one on my list right now is Dollar General, 9 00:00:27,520 --> 00:00:30,920 Speaker 1: up around twelve percent interday. That's actually their best move 10 00:00:31,360 --> 00:00:34,320 Speaker 1: excuse me, thirteen percent now, that's actually their best move 11 00:00:34,400 --> 00:00:36,800 Speaker 1: since May of twenty twenty two. And this comes after 12 00:00:36,840 --> 00:00:42,879 Speaker 1: the company trouns earning expectations and raised their full year 13 00:00:42,920 --> 00:00:46,960 Speaker 1: guidance as well. The earnings beat was twenty two percent. 14 00:00:46,960 --> 00:00:51,040 Speaker 1: That's actually their biggest outperformance since twenty twenty one. So yeah, 15 00:00:51,080 --> 00:00:55,760 Speaker 1: really strong results. Companies clearly doing well to mitigate some 16 00:00:55,840 --> 00:00:58,240 Speaker 1: of the tariff impacts that they called. Another really interesting 17 00:00:58,240 --> 00:00:59,639 Speaker 1: thing that came out of this report is that they're 18 00:00:59,680 --> 00:01:03,520 Speaker 1: seeing actually higher income consumers start to trade down two 19 00:01:03,560 --> 00:01:04,240 Speaker 1: Dollar General. 20 00:01:04,400 --> 00:01:05,240 Speaker 2: So quite a lot. 21 00:01:05,080 --> 00:01:08,520 Speaker 1: Of kind of interesting details from Dollar General. Not one 22 00:01:08,520 --> 00:01:11,680 Speaker 1: that we usually watch too closely, but a good one 23 00:01:11,680 --> 00:01:12,119 Speaker 1: for today. 24 00:01:12,520 --> 00:01:14,680 Speaker 3: Also, take a look at Constellation Energy. That's one that 25 00:01:14,720 --> 00:01:17,640 Speaker 3: I'm super interested in. Meta and Constellation Energy teaming up 26 00:01:18,160 --> 00:01:21,399 Speaker 3: to expand a nuclear power continue nuclear power generation to 27 00:01:21,440 --> 00:01:22,160 Speaker 3: help Meta out. 28 00:01:22,400 --> 00:01:25,240 Speaker 1: Yeah, no, I saw you mentioned that one just a 29 00:01:25,240 --> 00:01:27,920 Speaker 1: little while ago and getting a bit more information later, 30 00:01:28,000 --> 00:01:30,800 Speaker 1: but maybe a bit of a primer. The shares are 31 00:01:30,959 --> 00:01:33,720 Speaker 1: kind of flat now. They were up nine percent and 32 00:01:34,319 --> 00:01:38,039 Speaker 1: pretty strong move for the company. Again, that's so kind 33 00:01:38,040 --> 00:01:39,520 Speaker 1: of following up and some of the details you give there. 34 00:01:39,560 --> 00:01:42,600 Speaker 1: It's twenty year contract with Meta for over eleven hundred 35 00:01:42,640 --> 00:01:45,200 Speaker 1: megawatts of power and that'll start in two years. We 36 00:01:45,240 --> 00:01:47,800 Speaker 1: didn't get financial details, but I think just given some 37 00:01:47,840 --> 00:01:49,720 Speaker 1: of those numbers and the length of the contract, I 38 00:01:49,760 --> 00:01:53,840 Speaker 1: think this is quite a healthy deal for Constellation and 39 00:01:53,880 --> 00:01:57,360 Speaker 1: it really is yet another one of these kind of 40 00:01:57,440 --> 00:02:01,440 Speaker 1: flashy announcements from AI and then effect of the AI 41 00:02:01,520 --> 00:02:04,680 Speaker 1: investment that we keep getting. Last year we saw three 42 00:02:04,680 --> 00:02:08,480 Speaker 1: Mile Island we'll be restarting to support some of Microsoft's ambitions. 43 00:02:09,360 --> 00:02:14,440 Speaker 1: So yeah, just another really interesting development in how AI 44 00:02:14,600 --> 00:02:17,560 Speaker 1: continues to reshape a lot of parts of our of 45 00:02:17,600 --> 00:02:18,240 Speaker 1: the economy. 46 00:02:18,360 --> 00:02:20,519 Speaker 3: A little ale explain here for you, yes see. Okay, 47 00:02:20,639 --> 00:02:22,480 Speaker 3: So basically what winds up happening is this is the 48 00:02:22,520 --> 00:02:25,960 Speaker 3: Microsoft deal, So we can extrapolate those terms. Microsoft pays Constellation, 49 00:02:26,080 --> 00:02:29,080 Speaker 3: Constellation sends energy to the grid, then Microsoft buys it 50 00:02:29,160 --> 00:02:31,760 Speaker 3: from the grid. The difference then is made up between 51 00:02:31,840 --> 00:02:35,640 Speaker 3: Microsoft and Constellations. So if Microsoft pays more, Constellations to 52 00:02:35,639 --> 00:02:38,000 Speaker 3: pay them back, if they pay less, Microsoft tops it 53 00:02:38,080 --> 00:02:40,839 Speaker 3: off to Constellation. So it's not like a one for one. 54 00:02:41,080 --> 00:02:43,080 Speaker 3: We don't know if those are the correct terms, but 55 00:02:43,120 --> 00:02:44,639 Speaker 3: I have it on good authority, but that we can 56 00:02:44,760 --> 00:02:48,519 Speaker 3: kind of think it's something a little bit similar. Good 57 00:02:48,560 --> 00:02:49,000 Speaker 3: That was Alex. 58 00:02:49,400 --> 00:02:53,160 Speaker 2: I'm on one more. How about lulu Lemon. Yeah, lud Lemon. 59 00:02:53,400 --> 00:02:58,079 Speaker 1: Two analysts upgraded their target prices this morning and that's 60 00:02:58,120 --> 00:03:01,000 Speaker 1: just ahead of earnings on Thursday, So kind of a 61 00:03:01,080 --> 00:03:03,520 Speaker 1: positive signal for Lululemon. I mean, this could be a 62 00:03:03,520 --> 00:03:05,639 Speaker 1: stock that a lot of people have. They have been 63 00:03:05,680 --> 00:03:08,280 Speaker 1: down on Ludulemon this year. I think it's down around 64 00:03:08,320 --> 00:03:12,600 Speaker 1: thirteen percent, but it has rebounded thirty percent since April 65 00:03:12,600 --> 00:03:14,320 Speaker 1: low since we started to get maybe a little bit 66 00:03:14,360 --> 00:03:17,000 Speaker 1: of the cooling in the tensions between some of our 67 00:03:17,040 --> 00:03:20,079 Speaker 1: trade partners when it comes to tariffs. So yeah, I 68 00:03:20,120 --> 00:03:22,280 Speaker 1: think that's kind of a positive signal heading into earnings, 69 00:03:22,320 --> 00:03:24,640 Speaker 1: analysts are kind of calling for a beat at the 70 00:03:24,639 --> 00:03:28,480 Speaker 1: top line and then then reiterate for the full year targets. 71 00:03:28,480 --> 00:03:30,120 Speaker 1: And right now in this market, that's kind of good 72 00:03:30,200 --> 00:03:34,400 Speaker 1: enough for a lot of these retailers to get a 73 00:03:34,400 --> 00:03:38,400 Speaker 1: positive stock reaction. So anything else, I mean's a couple 74 00:03:38,400 --> 00:03:39,720 Speaker 1: of other things to keep an eye out for that 75 00:03:39,800 --> 00:03:43,040 Speaker 1: earnings on Thursday is really keying in on US trends, 76 00:03:43,080 --> 00:03:44,920 Speaker 1: whether or not they appear stable for the rest of 77 00:03:44,960 --> 00:03:47,160 Speaker 1: the year, whether or not people are maybe pulling forward 78 00:03:47,240 --> 00:03:50,480 Speaker 1: some of their purchasing to avoid maybe higher costs. But 79 00:03:50,600 --> 00:03:52,480 Speaker 1: right now, all things seem to be pointing in a 80 00:03:52,480 --> 00:03:56,400 Speaker 1: positive direction for Lulemon, new colors, new products, continuing to 81 00:03:56,400 --> 00:03:59,880 Speaker 1: push into men's categories, shoes, things like that all read 82 00:04:00,000 --> 00:04:01,560 Speaker 1: doinating with US consumers. 83 00:04:02,680 --> 00:04:07,000 Speaker 2: The Stockmovers podcast from Bloomberg Radio. 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