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I am Carol Messer along my data girl. Let's get a check on some of the stocks on the move, Bloomberg News Senior reporter and deputy team leader for US Equity's just meant and here with us in a market wheather feels like let's running out of a little bit of steam. We do have some that have really outperformed today.
Yes, so we're going to point out to the best performer in the S and P five hundred, so JB Hunt. The ticker is JBHT. So this is important because not only is it a trucking and logistics company, but it's a bellweather for the US free market. So it's up almost twenty two percent so on presports, best day since January of nineteen ninety eight. So that's some big size and scope there. So it's its biggest ninety eight rope.
Yes, no years ago, that's a long time I was.
Alive then, believe it. I don't trying to ask me that question.
Just barely posting.
Together record out probably almost really yeah, a big surprise suppress a kid I really put in context though, So this stuff, even though really big size and scope, there's still down nineteen percent your day through yesterday's close, So if you look at today's gains, that still puts it down just roughly close to about two percent for this year. So really on the back of better than expected quarterly results. Also some cost controls there that are boosting that, so that's important too.
And if you look at excess capacity, they've been really working off over the last couple of years.
And the big thing is and to your point, Carol, back in January, they had actually warned that this could be another year where they lose as far as what happened with cargo, and basically it actually broke with this tradition of giving that forward guidance at the beginning of the year, so saying that analysts need to bring down some of the earnings estimates. But the fact that you have a bell weather like this a few quarters later coming in better than expected, that's helpful for the market.
So if you look over at some of its peers, whether it's Schneid or National Warner Enterprises, night Swift or seeing all those stocks taking a boost here today.
Nineteen nine day, I was not quite yet a Bloomberg, but I was almost at Bloomberg.
Middle school, middle school. Love you, David. All right, where do we go next? So I'm going to look on the other side of things here with the MV function and the terminal and so looking at HPE here, So Hewlett Packard Enterprises, the ticker is HPE. If you look at this stock and how it's moving today, down almost ten percent so on pacepert, its worst day since April third. So of course this is one of the largest makers of computer equipment. So looking at this unfortunately it's annual
profit forecasts miss estimates. It's having an issue with some of that margin crunch. Also, the stock had gained about seventeen percent your date through yesterday's close, so still when you're comparing that to some of its peers US better than expected. But also if you're looking at the industry group where it houses a lot of those technology hardware in storage companies Martin.
Crunch and with the AI spend even.
Despite some of that, So it is interesting because unfortunately it's underwhelding guidance for the fiscal year that is about basically the end of next October, so it's adjusted orn it's per share. It was expecting it to come in between about two dollars and twenty cents and two forty so the analysts consensus estimate was closer towards the high end of that range, but its revenue growth range was between five and ten percent, so analysts had actually antiparticipated
more than that of closer to seventeen percent. So that's why you're seeing some of those shares pressure there. But if you're looking at some of its industry peers and how they're performing in the sub industry group in the S and P five hundred, that groups down about one percent, right.
Yeah, still going through some growing pains with that merger with Juniper Networks as well, I think figuring out how to align both those companies together.
And then of course also one of the worst performers though in the S and P five hundred is five inc. FFIV is the ticker on. I was just going to quickly point that out just because that's down eleven percent today. So if you look over the last two days, especially on the back of what it was talking about where it did warn about the scatch trophic hacks yesterday. Actually that stocks down close to fifteen percent over the last two trading sessions, so that would be its worst two
day span since April of twenty twenty two. So that was just some quickly size and scope for another underperformer here.
It's become an ugly chart.
Yes it is Micron, Yes, Micron, So I wanted to look at some other potential bright spots though even though I got through some of the underperformers here. So Micron Technology MU is the ticker up about five percent on pace for it's best day since not that long ago October thirteenth. If you're looking at that though in the Nasdaq one hundred and the movie function, that is the best performer in that index, and so UBS actually raised its price target. So it's said that Micron will get
a boost from its memory chip storage. Of course that's really important when you're thinking about chip makers, obviously is on the memory side. It's a little bit different than what obviously in Video is doing. But this stock actually had already surged actually around one hundred and forty percent this year, so it was well over one hundred percent gains year to date even before this upgrade came out,
and so then you have City Research Channel. As Christopher Danley, he actually still sees more gains in site despite what the stock has done, so not surprisingly on high AI demand. So you're still seeing some bullish targets there. And then the Socks though not really doing a whole lot, even though it houses some other tickers like Nvidia in there and Intel, but still nonetheless you're seeing a Micron Technology.
Socks is up almost to day, I mean.
Over the socks in those names.
Jess, thanks so much, Bloomberg News Senior reporter and deputy team leader for you Secrate's Jess Mattin right here.
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