WEBVTT - FedEx Expects $1 Billion Hit, Oklo rises, NetSkope Jumps

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<v Speaker 1>Bloomberg Audio Studios, Podcasts, radio News, The.

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<v Speaker 2>Stock Movers Report, your roundup of companies making moves in

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<v Speaker 2>the stock market, harnessing the power of Bloomberg Data.

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<v Speaker 3>I'm Paul Sweeney with Laura Melinda. We're joined by Bloomberg's Billy

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<v Speaker 3>Litchell's Bailly. What do you got for us today? Yea.

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<v Speaker 1>I want to start with FedEx ticker FDx stock up

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<v Speaker 1>just about three percent right now. This comes after the

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<v Speaker 1>company reported earnings that were better than expected and the

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<v Speaker 1>fact that it maintained its full year sales and profit outlook.

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<v Speaker 1>The big question mark, though, has been the impact of tariffs,

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<v Speaker 1>the company noting that they expect a one billion dollar

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<v Speaker 1>hit from trade volatility this year. Bloomberg Intelligence analysts coming

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<v Speaker 1>out saying that the parcel environment may not be as

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<v Speaker 1>dire as fear as dire as feared. FedEx's domestic business

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<v Speaker 1>doing well, but the big question is the impact of

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<v Speaker 1>the Dominima duty free exemption. How that's going to impact FedEx,

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<v Speaker 1>given that's a pretty healthy chunk of the business, but

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<v Speaker 1>certainly an area that FedEx has been working out and

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<v Speaker 1>being being a bigger part as it relates to that

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<v Speaker 1>kind of operations moving things around. Right now stock trades

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<v Speaker 1>is about two hundred and thirty three. Bucks hit a low

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<v Speaker 1>in the wake of tariffs low two hundred, so rally

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<v Speaker 1>Offlow is pretty strong. Yeah, shares down seventeen percent so

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<v Speaker 1>far this year. What other companies are you keeping an

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<v Speaker 1>eye on here? So I want to preface this by

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<v Speaker 1>saying it is a stable market day smps like five points.

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<v Speaker 1>We are seeing heavily shorted stocks ripping really and that's

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<v Speaker 1>across quantum computing, nuclear, AI, flying taxis. So I want

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<v Speaker 1>to focus on nuclear stocks Oaklow ticker OKLO and New

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<v Speaker 1>Scale Power ticker SMR. Oklow right now up more than

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<v Speaker 1>sixteen percent, creating at a record high. Up on the

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<v Speaker 1>week Guys about fifty percent and New Scale up about

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<v Speaker 1>fourteen percent. This is coming after news that Trump was

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<v Speaker 1>going to use nuclear as part of of trade talks

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<v Speaker 1>and coming after that meeting with the UK. But we

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<v Speaker 1>are really seeing big moves in some of these stocks.

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<v Speaker 1>Having covered the spackspace, a lot of people will say,

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<v Speaker 1>what these backs are trading, Well, we'll Oaklow, sam Altman

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<v Speaker 1>backs back went public. Ten Bucks right now trades for

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<v Speaker 1>one hundred and twenty two now.

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<v Speaker 3>Which wow Wwuetna Nor and I were just talking with

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<v Speaker 3>James Walker, CEO of a nano nuclear energy NNE that

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<v Speaker 3>slacks up thirteen percent today, up three hundred percent over

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<v Speaker 3>the trailing twelve months, and he kind of said, hey,

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<v Speaker 3>the MARC is trying to identify winners and losers in

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<v Speaker 3>this emerging kind of micro nuclear technology. And you said,

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<v Speaker 3>the stocks are rip it today and it's.

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<v Speaker 1>Been an interesting patch to just keep an eye on.

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<v Speaker 1>Just to that point is if you're putting your money

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<v Speaker 1>across and betting on every horse, presumably one or two

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<v Speaker 1>will win and that can be result in some big bucks.

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<v Speaker 1>And I just want to end on Netscope company went

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<v Speaker 1>public yesterday. Tiger NTSK traded well, traded up about eighteen

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<v Speaker 1>percent yesterday, up another double digits, so right now up

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<v Speaker 1>thirty percent from its IPO price. This is a cybersecurity company,

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<v Speaker 1>so we've been keeping a close eye on software, cyber

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<v Speaker 1>and potential new entrants in the IPO market. A big

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<v Speaker 1>positive data point, especially in the wake of StubHub, which

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<v Speaker 1>is traded pretty darn poorly. So a big move higher

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<v Speaker 1>again in Netscope, that ticker NTSK up about thirty percent

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<v Speaker 1>from where at priced just on Wednesday night.

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<v Speaker 2>The Stockmovers Report from Bloomberg Radio. Check back with us

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