Bloomberg Audio Studios, podcasts, radio News.
The Stock Movers Report, your roundup of companies making moves in the stock market, harnessing the power of Bloomberg.
Data stocks that are on the move this morning, And for that we bring in Carmen Renike. She is our Bloomberg Equities reporter. Carmen, what are you looking at?
Yeah, so the first one I'm looking at this morning is Nebuus Group. This is ticker nbis so shares her up about twelve percent right now. This is only the most in like a few days, but you know, still
pretty significant jump. It's at the highest since November. Basically, what happened is Meta Platforms announced it will pay as much as twenty seven billion over the next five years for access to artificial intelligence infrastructure from Nebuus, which is a new cloud so cloud provider that operates data centers. And this company also has a strategic partnership with Nvidiacorp, which will also provide you know, Meta some dedicated capacity
started in twenty twenty seven. So just seeing you know, more and more companies put more money into building out the artificial intelligence infrastructure, and yeah, looks really good for some of these cloud providers.
Yeah, it's putting on Hebby is certainly in a prime position here, all right, next up on your list.
Yeah, so we got to look at Dollar Tree shares doing pretty well here as well. This is ticker DLTR. Shares up about four point nine percent, So this is the best intra day since early January. So the company at earnings this morning, and investors are happy with the results that they're seeing. Sort of a key thing to point out, so they've introduced higher priced items to sort of get more wealthier, higher income I guess shoppers coming
to their stores. So that helped also by increasing sort of store traffic, so more people coming in to buy these items and arrange from three dollars to five dollars. So boosted results for that for that company.
All right, we know when you're the end of earning season when you've got the retailers reporting, but you do have a tech company reporting as well.
Yeah, so Micro here, this is ticker MU, and this is going to be a really interesting one to watch because the memory names have done so well this year. So shares are up about also about five percent today. This could close at a record high if it stays at this level. And Yeah, what we're looking at is results come after close on Wednesday.
This Stock Movers report from Bloomberg Radio. Check back with us throughout the day for the latest roundup of companies making news on Wall Street and for the latest market moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg dot com, and on Applecarplay and Android Auto with the Bloomberg Business app.