Nebius' Deal With Meta; National Storage Soars; Dollar Tree Sees Growth Slowing
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Show Notes
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Meta Platforms (META) will pay as much as $27 billion over the next five years for access to artificial intelligence infrastructure from cloud provider Nebius Group (NBIS) as it spends aggressively to compete with the industry’s top frontier models.
- National Storage Affiliates (NSA) shares are soaring after Public Storage agreed to acquire the company for $41.68 per share. The stock last closed at $30.94.
- Dollar Tree (DLTR) gave a mixed annual outlook, raising some doubts about its ability to keep winning over shoppers with low prices.
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