Speaker 1: Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report,
Speaker 1: your roundup of companies making moves in the stock market
Speaker 1: harnessing the power of Bloomberg Data.
Speaker 2: Let's take a look at some stocks.
Speaker 1: In the move today.
Speaker 2: No one does it better than Alexis percent love us.
Speaker 2: What do you have? Love that introduction?
Speaker 3: So I want to start with an Amsterdam based AI
Speaker 3: infrastructure company that I talked about twice this month.
Speaker 2: I never really talked about this company. This is good Nebbus.
Speaker 3: So the stock is up twelve and a half percent today,
Speaker 3: It is up thirty five percent year to date. And
Speaker 3: are you ready for it? Up three hundred percent in
Speaker 3: just the past year.
Speaker 1: Yeah.
Speaker 2: So here's the deal.
Speaker 3: NEBBEUS is just signing these deals with all of these hyperscalers.
Speaker 3: The latest one is with Meta. Meta is going to
Speaker 3: be pouring a bunch of money into this company twelve
Speaker 3: billion dollars of AI data cent capacity by twenty twenty
Speaker 3: seven under this new deal, which could reach twenty seven
Speaker 3: billion dollars over the next five years. And remember in
Speaker 3: Nvidia said that it's going to expand its deal with
Speaker 3: nebs pouring another two billion dollars into it. It also
Speaker 3: signed a deal last year with Microsoft. So Nebus is
Speaker 3: on the move. But some analysts, you know, they project
Speaker 3: a big AI market opportunity here for Nebus, but others
Speaker 3: are worried about customer concentration and high debt. Don't know
Speaker 3: exactly how much the debt is that the company is
Speaker 3: carrying right now, but apparently investors are were a little
Speaker 3: worried there about nebeus. All right, let's move on to this.
Speaker 3: This is just mind boggling to me how much self
Speaker 3: storage we need in this country, right. I mean, you
Speaker 3: ever go driving along the highways you see these storage units.
Speaker 3: So Public Storage is buying national storage affiliates for in
Speaker 3: a five point six billion dollar all stock dealer is
Speaker 3: going to create a storage unit company with a combined
Speaker 3: market cap of fifty seven billion dollars and including debt,
Speaker 3: the company said, the deal has a total value of
Speaker 3: ten and a half billion.
Speaker 2: It's still a booming business.
Speaker 4: I mean, because we're in Manhattan, we sort of ignore it, but.
Speaker 2: We can't get rid of things. We're like a country
Speaker 2: of hoarders. I feel.
Speaker 5: Financial advisors Goldman, Sachs and Wells Fargo for Public Storage
Speaker 5: and more Stanley for national storage affiliates.
Speaker 4: That's right.
Speaker 2: The trade, Yeah, going to help public storage. But that's
Speaker 2: the even with the war, that's the percolation of M
Speaker 2: and A. Business is getting done.
Speaker 4: Yeah, And that's kind of our last guests of saying it.
Speaker 4: This is a bumping the road. Most people are longer
Speaker 4: term views in M and A.
Speaker 2: You got one more I do? Did I mention?
Speaker 3: Though? The national storage is up twenty eight percent by
Speaker 3: the way, So there you go. Dollar Tree mixed annual
Speaker 3: outlook here, raising some doubts about its ability to keep
Speaker 3: on winning over shoppers with low prices. Sales are projected
Speaker 3: to be as much as twenty billion dollars this year,
Speaker 3: just missing projections. That equates to growth of about seven
Speaker 3: percent following a gain of ten percent last year. Dollar
Speaker 3: Tree's low price model has been resonating, we know, with
Speaker 3: consumers facing economic stress, but we just don't know if
Speaker 3: that's starting to wane a little bit. So Dollar Tree
Speaker 3: also some of it's some of the other companies in
Speaker 3: this area coming out with earnings that are less than
Speaker 3: spectacular because even the higher end shoppers don't seem to
Speaker 3: be shopping there.
Speaker 4: In the last twelve trailing twelve months on a stock price.
Speaker 5: Now, dollar Tree up sixty six percent, Dollar General up
Speaker 5: sixty percent, five Below up one hundred and eighty percent.
Speaker 5: So there, stocks have done it well over last year exactly.
Speaker 5: So they might be taking a round, take a little
Speaker 5: off the table, as they say.
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