WEBVTT - Nebius' Deal With Meta; National Storage Soars; Dollar Tree Sees Growth Slowing

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<v Speaker 1>Bloomberg Audio Studios, podcasts, radio news, The Stock Movers Report,

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<v Speaker 1>your roundup of companies making moves in the stock market

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<v Speaker 1>harnessing the power of Bloomberg Data.

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<v Speaker 2>Let's take a look at some stocks.

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<v Speaker 1>In the move today.

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<v Speaker 2>No one does it better than Alexis percent love us.

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<v Speaker 2>What do you have? Love that introduction?

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<v Speaker 3>So I want to start with an Amsterdam based AI

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<v Speaker 3>infrastructure company that I talked about twice this month.

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<v Speaker 2>I never really talked about this company. This is good Nebbus.

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<v Speaker 3>So the stock is up twelve and a half percent today,

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<v Speaker 3>It is up thirty five percent year to date. And

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<v Speaker 3>are you ready for it? Up three hundred percent in

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<v Speaker 3>just the past year.

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<v Speaker 1>Yeah.

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<v Speaker 2>So here's the deal.

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<v Speaker 3>NEBBEUS is just signing these deals with all of these hyperscalers.

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<v Speaker 3>The latest one is with Meta. Meta is going to

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<v Speaker 3>be pouring a bunch of money into this company twelve

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<v Speaker 3>billion dollars of AI data cent capacity by twenty twenty

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<v Speaker 3>seven under this new deal, which could reach twenty seven

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<v Speaker 3>billion dollars over the next five years. And remember in

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<v Speaker 3>Nvidia said that it's going to expand its deal with

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<v Speaker 3>nebs pouring another two billion dollars into it. It also

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<v Speaker 3>signed a deal last year with Microsoft. So Nebus is

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<v Speaker 3>on the move. But some analysts, you know, they project

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<v Speaker 3>a big AI market opportunity here for Nebus, but others

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<v Speaker 3>are worried about customer concentration and high debt. Don't know

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<v Speaker 3>exactly how much the debt is that the company is

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<v Speaker 3>carrying right now, but apparently investors are were a little

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<v Speaker 3>worried there about nebeus. All right, let's move on to this.

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<v Speaker 3>This is just mind boggling to me how much self

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<v Speaker 3>storage we need in this country, right. I mean, you

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<v Speaker 3>ever go driving along the highways you see these storage units.

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<v Speaker 3>So Public Storage is buying national storage affiliates for in

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<v Speaker 3>a five point six billion dollar all stock dealer is

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<v Speaker 3>going to create a storage unit company with a combined

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<v Speaker 3>market cap of fifty seven billion dollars and including debt,

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<v Speaker 3>the company said, the deal has a total value of

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<v Speaker 3>ten and a half billion.

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<v Speaker 2>It's still a booming business.

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<v Speaker 4>I mean, because we're in Manhattan, we sort of ignore it, but.

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<v Speaker 2>We can't get rid of things. We're like a country

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<v Speaker 2>of hoarders. I feel.

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<v Speaker 5>Financial advisors Goldman, Sachs and Wells Fargo for Public Storage

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<v Speaker 5>and more Stanley for national storage affiliates.

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<v Speaker 4>That's right.

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<v Speaker 2>The trade, Yeah, going to help public storage. But that's

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<v Speaker 2>the even with the war, that's the percolation of M

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<v Speaker 2>and A. Business is getting done.

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<v Speaker 4>Yeah, And that's kind of our last guests of saying it.

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<v Speaker 4>This is a bumping the road. Most people are longer

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<v Speaker 4>term views in M and A.

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<v Speaker 2>You got one more I do? Did I mention?

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<v Speaker 3>Though? The national storage is up twenty eight percent by

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<v Speaker 3>the way, So there you go. Dollar Tree mixed annual

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<v Speaker 3>outlook here, raising some doubts about its ability to keep

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<v Speaker 3>on winning over shoppers with low prices. Sales are projected

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<v Speaker 3>to be as much as twenty billion dollars this year,

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<v Speaker 3>just missing projections. That equates to growth of about seven

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<v Speaker 3>percent following a gain of ten percent last year. Dollar

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<v Speaker 3>Tree's low price model has been resonating, we know, with

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<v Speaker 3>consumers facing economic stress, but we just don't know if

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<v Speaker 3>that's starting to wane a little bit. So Dollar Tree

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<v Speaker 3>also some of it's some of the other companies in

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<v Speaker 3>this area coming out with earnings that are less than

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<v Speaker 3>spectacular because even the higher end shoppers don't seem to

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<v Speaker 3>be shopping there.

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<v Speaker 4>In the last twelve trailing twelve months on a stock price.

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<v Speaker 5>Now, dollar Tree up sixty six percent, Dollar General up

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<v Speaker 5>sixty percent, five Below up one hundred and eighty percent.

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<v Speaker 5>So there, stocks have done it well over last year exactly.

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<v Speaker 5>So they might be taking a round, take a little

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<v Speaker 5>off the table, as they say.

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