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The Stock Movers report your roundup of companies making moves in the stock market. Harnessing the power of Bloomberg Data.
I Jip sat back along with Emily Graffeo. We're joined by Bloomberg News Cross asset reporter Deniita Sikoba to take a look at some stocks on the move today. Wow, no shortage of stocks to choose from.
No shortage, no shortage of stocks, no shortage of moves. But we're gonna start with one big winner, just as stocks continue to sell off in after hours, and we're going to start with Applied Digitals, which share is called sixteen percent hire today and gain thirty percent this week. This is one of the biggest gainers despite tech stocks facing a big sale off, The stock is up three
hundred and seventy percent this year. Shares of the company climbed after the data center developers secured more funding and Lee's agreements for its projects for bullish hyperscre first revenue. First quarter revenue was better than expected and the loss was about three cents a share, which is narrow than the six sixteen cent share the street we're expecting. This is kind of one of the new hot stocks that's
been catching fire. AI and infrastructure name that has been doing quite well and obviously has a deal with Coreweve, which is also one of the few stocks that was up today and was seeing some positive momentum. That's ap l D closing out the week up twenty eight percent, and that follows last week's gain of twenty two Yeah, it's been incredible rally.
What about logistics shifting?
What would we have logistics tariffs? It's our full circle. FedEx had a really really bad week. It fell five percent today, down eight percent this week. Obviously the tire headlines are not helping, but it also had a JP Morgan downgrade from overweight the current it's currently neutral. The decrees fd X JP Morgan rites the perception of weekend price discipline among less than truckload carrier justifies lower multiples.
The stock is down twenty percent year today. Most of the reduction to adjusted operating profits stems from lawdershipments from China to the US that has been you know, FedEx has been one of the names everyone has been watching on tariff impact and clearly this has been hit very hard and today we're seeing even more broadly, the transport sector has been hit by that, and this is one of the names that really we see that impact.
Okay, Rare Earth's always in the nebs of light. MP Materials also on your.
Radar, one of the rare winners today. MP material It had a major jump after the headlines. Still we had a very strong day, up ten percent on the week present. Trump's threat to Jacob tariffs in China has sent investors looking for rare earth mineral companies and Western firms, and MP has been the big winner. Washington in Eastern year in recent years has tried to pump up the market. We saw in July the US Department of Defense agreed to four hundred million equity investment in MP Materials and
that has been paying off. The companies up more than four hundred percent this year, and it has been one of the market favorites as starve headlines have been hitting the terminal.
The 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.