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“Midday Market Movers: Stocks Making the Biggest Waves Today”

Alphabet: Shares fell nearly 8% after the fourth-quarter revenue of $96.47 billion was below the anticipated $96.56 billion.

Advanced Micro Devices (AMD): The chipmaker’s stock tumbled around 7% following disappointing results in its data center segment.

Uber Technologies: Shares dropped 7% after the company reported an earnings miss and issued soft guidance.

Apple: Shares declined 1% amid reports of a potential formal probe by Chinese regulators into the App Store’s fees and practices.

PDD: The Chinese e-commerce platform saw a pullback of over 3% after the U.S. Postal Service suspended incoming packages from China and Hong Kong.

Johnson Controls International: The conglomerate’s shares surged 12% after exceeding analyst expectations in its fiscal first-quarter results.

Lumen Technologies: Shares slipped more than 3% in midday trading.

Workday: The cloud applications provider advanced 5% following the announcement of a restructuring plan that includes cutting about 8.5% of its workforce.

Chipotle Mexican Grill: Shares declined 2% after the company issued soft guidance for same-store sales growth.

Mattel: The toymaker’s shares climbed more than 14% following better-than-expected fourth-quarter results.

Match Group: Shares fell over 7% after issuing weak first-quarter guidance and announcing Spencer Rascoff as its new CEO.

Novo Nordisk: Shares gained nearly 5% after reporting fourth-quarter results that surpassed expectations.

Electronic Arts (EA): Shares rose more than 5% after reporting better-than-expected quarterly results and announcing a $1 billion stock buyback plan.

FMC Corp: The chemical manufacturer’s shares plummeted 33% following disappointing first-quarter guidance.

Toyota Motor: U.S.-listed shares jumped about 4% on news of plans to establish a new electric vehicle company in China.

Harley-Davidson: Shares slipped 1.3% after the company reported a wider-than-expected loss for the fourth quarter.

Super Micro Computer & Nvidia: The IT company announced the full production availability of its AI data center powered by Nvidia’s Blackwell platform, indicating a positive outlook for both companies.

Source (CNBC)

SourceCNBC
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