Nebius Rises, Dollar Tree Up, Micron Gains on Earnings Optimism

On this episode of Stock Movers: - Nebius (NBIS) shares gain. Nebius Group NV is being started with a buy rating and $169 price target at Citi, which sees strong growth potential for the cloud-computing provider. Meta will also spend up to $27 billion on Nebius AI infrastructure. - Dollar Tree (DLTR) shares gain. Sales are projected to be as much as $20.7 billion this year, with growth of about 7%, following a gain of 10% last fiscal year. The company is shifting merchandise in stores to sell more goods in a range of $3 to $5, including toys and party supplies that boosted results last quarter. - Micron (MU) shares are rising, lifting other memory and storage companies, as analyst optimism grows ahead of the chipmaker’s results later this week. The memory-chip maker said it plans to build a second manufacturing facility at its site in Taiwan by the end of 2026. Peer stocks got a boost from the announcement.See omnystudio.com/listener for privacy information.