1
00:00:02,520 --> 00:00:09,960
Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report,

2
00:00:10,280 --> 00:00:13,360
Speaker 1: your roundup of companies making moves in the stock market

3
00:00:13,680 --> 00:00:15,880
Speaker 1: harnessing the power of Bloomberg Data.

4
00:00:16,480 --> 00:00:18,239
Speaker 2: Let's take a look at some stocks.

5
00:00:17,880 --> 00:00:18,760
Speaker 1: In the move today.

6
00:00:19,079 --> 00:00:22,279
Speaker 2: No one does it better than Alexis percent love us.

7
00:00:22,640 --> 00:00:24,200
Speaker 2: What do you have? Love that introduction?

8
00:00:24,320 --> 00:00:26,880
Speaker 3: So I want to start with an Amsterdam based AI

9
00:00:27,080 --> 00:00:29,920
Speaker 3: infrastructure company that I talked about twice this month.

10
00:00:29,960 --> 00:00:34,680
Speaker 2: I never really talked about this company. This is good Nebbus.

11
00:00:34,920 --> 00:00:37,959
Speaker 3: So the stock is up twelve and a half percent today,

12
00:00:38,360 --> 00:00:42,120
Speaker 3: It is up thirty five percent year to date. And

13
00:00:42,200 --> 00:00:44,720
Speaker 3: are you ready for it? Up three hundred percent in

14
00:00:44,920 --> 00:00:45,800
Speaker 3: just the past year.

15
00:00:46,920 --> 00:00:47,080
Speaker 1: Yeah.

16
00:00:47,880 --> 00:00:49,160
Speaker 2: So here's the deal.

17
00:00:49,159 --> 00:00:52,159
Speaker 3: NEBBEUS is just signing these deals with all of these hyperscalers.

18
00:00:52,159 --> 00:00:55,480
Speaker 3: The latest one is with Meta. Meta is going to

19
00:00:55,680 --> 00:00:58,240
Speaker 3: be pouring a bunch of money into this company twelve

20
00:00:58,320 --> 00:01:02,040
Speaker 3: billion dollars of AI data cent capacity by twenty twenty

21
00:01:02,080 --> 00:01:04,639
Speaker 3: seven under this new deal, which could reach twenty seven

22
00:01:04,720 --> 00:01:07,880
Speaker 3: billion dollars over the next five years. And remember in

23
00:01:07,959 --> 00:01:10,520
Speaker 3: Nvidia said that it's going to expand its deal with

24
00:01:10,600 --> 00:01:13,560
Speaker 3: nebs pouring another two billion dollars into it. It also

25
00:01:13,600 --> 00:01:17,840
Speaker 3: signed a deal last year with Microsoft. So Nebus is

26
00:01:17,959 --> 00:01:20,959
Speaker 3: on the move. But some analysts, you know, they project

27
00:01:20,959 --> 00:01:23,800
Speaker 3: a big AI market opportunity here for Nebus, but others

28
00:01:23,840 --> 00:01:28,000
Speaker 3: are worried about customer concentration and high debt. Don't know

29
00:01:28,040 --> 00:01:30,120
Speaker 3: exactly how much the debt is that the company is

30
00:01:30,120 --> 00:01:32,800
Speaker 3: carrying right now, but apparently investors are were a little

31
00:01:32,800 --> 00:01:36,360
Speaker 3: worried there about nebeus. All right, let's move on to this.

32
00:01:36,360 --> 00:01:39,720
Speaker 3: This is just mind boggling to me how much self

33
00:01:39,800 --> 00:01:42,200
Speaker 3: storage we need in this country, right. I mean, you

34
00:01:42,240 --> 00:01:45,319
Speaker 3: ever go driving along the highways you see these storage units.

35
00:01:45,560 --> 00:01:50,640
Speaker 3: So Public Storage is buying national storage affiliates for in

36
00:01:50,640 --> 00:01:53,800
Speaker 3: a five point six billion dollar all stock dealer is

37
00:01:53,840 --> 00:01:55,880
Speaker 3: going to create a storage unit company with a combined

38
00:01:55,880 --> 00:01:59,520
Speaker 3: market cap of fifty seven billion dollars and including debt,

39
00:01:59,520 --> 00:02:01,680
Speaker 3: the company said, the deal has a total value of

40
00:02:01,760 --> 00:02:02,720
Speaker 3: ten and a half billion.

41
00:02:02,840 --> 00:02:04,240
Speaker 2: It's still a booming business.

42
00:02:04,280 --> 00:02:06,760
Speaker 4: I mean, because we're in Manhattan, we sort of ignore it, but.

43
00:02:06,840 --> 00:02:08,760
Speaker 2: We can't get rid of things. We're like a country

44
00:02:08,800 --> 00:02:09,679
Speaker 2: of hoarders. I feel.

45
00:02:10,000 --> 00:02:13,000
Speaker 5: Financial advisors Goldman, Sachs and Wells Fargo for Public Storage

46
00:02:13,000 --> 00:02:15,359
Speaker 5: and more Stanley for national storage affiliates.

47
00:02:15,560 --> 00:02:15,920
Speaker 4: That's right.

48
00:02:15,880 --> 00:02:18,480
Speaker 2: The trade, Yeah, going to help public storage. But that's

49
00:02:18,520 --> 00:02:21,359
Speaker 2: the even with the war, that's the percolation of M

50
00:02:21,440 --> 00:02:22,920
Speaker 2: and A. Business is getting done.

51
00:02:23,000 --> 00:02:25,400
Speaker 4: Yeah, And that's kind of our last guests of saying it.

52
00:02:25,440 --> 00:02:26,959
Speaker 4: This is a bumping the road. Most people are longer

53
00:02:27,040 --> 00:02:28,880
Speaker 4: term views in M and A.

54
00:02:29,080 --> 00:02:31,040
Speaker 2: You got one more I do? Did I mention?

55
00:02:31,120 --> 00:02:33,120
Speaker 3: Though? The national storage is up twenty eight percent by

56
00:02:33,120 --> 00:02:36,640
Speaker 3: the way, So there you go. Dollar Tree mixed annual

57
00:02:36,680 --> 00:02:39,560
Speaker 3: outlook here, raising some doubts about its ability to keep

58
00:02:39,600 --> 00:02:43,040
Speaker 3: on winning over shoppers with low prices. Sales are projected

59
00:02:43,040 --> 00:02:45,560
Speaker 3: to be as much as twenty billion dollars this year,

60
00:02:45,760 --> 00:02:49,000
Speaker 3: just missing projections. That equates to growth of about seven

61
00:02:49,080 --> 00:02:52,560
Speaker 3: percent following a gain of ten percent last year. Dollar

62
00:02:52,560 --> 00:02:54,840
Speaker 3: Tree's low price model has been resonating, we know, with

63
00:02:54,919 --> 00:02:58,200
Speaker 3: consumers facing economic stress, but we just don't know if

64
00:02:58,240 --> 00:03:00,920
Speaker 3: that's starting to wane a little bit. So Dollar Tree

65
00:03:01,760 --> 00:03:04,680
Speaker 3: also some of it's some of the other companies in

66
00:03:04,720 --> 00:03:08,160
Speaker 3: this area coming out with earnings that are less than

67
00:03:08,200 --> 00:03:11,480
Speaker 3: spectacular because even the higher end shoppers don't seem to

68
00:03:11,520 --> 00:03:13,000
Speaker 3: be shopping there.

69
00:03:13,520 --> 00:03:16,240
Speaker 4: In the last twelve trailing twelve months on a stock price.

70
00:03:16,440 --> 00:03:19,400
Speaker 5: Now, dollar Tree up sixty six percent, Dollar General up

71
00:03:19,440 --> 00:03:21,720
Speaker 5: sixty percent, five Below up one hundred and eighty percent.

72
00:03:21,720 --> 00:03:23,880
Speaker 5: So there, stocks have done it well over last year exactly.

73
00:03:23,880 --> 00:03:26,080
Speaker 5: So they might be taking a round, take a little

74
00:03:26,120 --> 00:03:27,359
Speaker 5: off the table, as they say.

75
00:03:28,280 --> 00:03:32,320
Speaker 1: The Stock Mover's report from Bloomberg Radio. Check back with

76
00:03:32,400 --> 00:03:34,960
Speaker 1: us throughout the day for the latest roundup of companies

77
00:03:35,040 --> 00:03:38,120
Speaker 1: making news on Wall Street and for the latest market

78
00:03:38,160 --> 00:03:42,640
Speaker 1: moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube,

79
00:03:42,720 --> 00:03:46,200
Speaker 1: Bloomberg dot com, and on Applecarplay and Android Auto with

80
00:03:46,280 --> 00:03:47,760
Speaker 1: the Bloomberg Business app.