Taking a look now at our trending tickers. We're focusing on Dollar Tree and Nebius, both rising in share price. Palantir stock, on the flip side, is sinking. Let's start with Dollar Tree. It's seeing a good day of trading, following the company's announcement of a strong first fiscal quarter. Uh, the stock's on the rise throughout the day, working to reach pre-Wednesday numbers. It saw an 8% drop in the stock. Uh, the increase, by the way, coming despite warnings that the quarter two could be rough for Dollar Tree due to tariff-related uncertainties. So dropped 8% yesterday, more than making up for those gains today. And among other things, JP Morgan upgrading the stock to overweight from neutral. Um, and basically, with Matt Boss, who's a pretty influential retail analyst over there, saying that there were some positives within the report.

Yeah. I mean, they did tell investors its Q2 profit looks like it could be down as much as 50% from a year ago, so as it's dealing obviously with these tariff impacts. Um, doesn't expect profit to reaccelerate though in the remainder of the year. Uh, saying most of it, most of its directly imported products are from China. Also, uh, selling the Family Dollar division, remember, for about a billion dollars. That looks like it's on track to close this quarter. But JP Morgan with the upgrade, that doesn't hurt.

Yeah, exactly. So it fell after the earnings, rising after the upgrade. But it also saw some price target increases. So other analysts, obviously, thinking here that maybe some of the bad news is priced in. Um, JP Morgan's price target going to 111 from 72. Barclays raising its price target to 95, and Deutsche Bank going to 100 bucks on that stock.

All right. Meanwhile, Nebius Group is also seeing some impressive gains today, potentially ending the session on an all-time high for that stock. So, uh, I did see reports here, Julie, on Nebius. It looks like they were initiated with a buy rating at a Reed Research. CoreWeave though gets a new neutral rating. It looks like the analyst preferring Nebius in part on valuation, saying the direction of stocks depending on whether or not investors think there's a shortage of GPUs.

Interesting. And you know, CoreWeave has gotten a lot of attention obviously since its IPO. It has had huge gains since then. It's been, it is down in today's session, as we see this note. But guess what? Nebius is no slouch. The stock is up 78% year to date. It's up almost 150% over the past 12 months. This stock has been around for a lot longer though. It went public, um, more than a decade ago. So, um, you know, it's interesting to see that this, this sort of AI enthusiasm lit a fire, even under some things that have been around for a while.

Yeah. Nebius, I had to read up on it, was it's based in Amsterdam. Apparently, this is a company spun out from the Russian internet giant, uh, Yandex. Bloomberg noting it has raised money from some a number of high profile investors, including Nvidia, by the way.

Yes, exactly. And then let's talk about Palantir. That stock is seeing share prices dip in the red today after criticism about a possible plan struck between the company and President Trump, or at least the administration more broadly, and potential involvement in surveillance during former presidential administrations as well. The company won contracts from the Pentagon and Department of Homeland Security, and could potentially win contracts from the Social Security Administration and Internal Revenue Service. According to reporting out there, that could open the door to widespread consolidation of information. Um, a New York Times report, another contributing factor, um, perhaps to the drop today. But really then sort of the, uh, the catalyst if you will, was a report in Semafor that said that Republicans are now concerned about Palantir as well, and that the Republicans maybe aren't convinced that this is a signature priority of President Trump. So maybe they're a little more willing to go up against him on this.

Yeah. We'll see. They have representative Warren Davidson, Republican of Ohio, telling Semafor it's dangerous. He's talking about this when you start combining all those data points on an individual into one database. It really essentially creates a digital ID. Um, where this goes from here, if anywhere, we'll see. It doesn't look like Palantir responded to Semafor with a comment there. Now the stock, I mean, listen, we're down today, but pull that chart back. I mean, what another yet another incredible year for this name. I mean, it's up more than 60% already this year.

Yes. Of course. Of course.

And we should mention they didn't respond to this particular Semafor report that we know of, but Alex Karp did give an interview today and lashed out against the New York Times report. Was highly critical of that. So they

Yeah. Right.

Yes.

He was critical in only the way that Karp can be. Colorfully critical. Yes. Animated.

They have not, there was a lot of gesturing.