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02 Feb, Thursday
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Bull Trader USA

Stocks making the biggest moves midday: Apple, Amazon, Intel and more

In this article

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Customers shop at the Apple Fifth Avenue store for the release of the Apple iPhone 14 in New York City, September 16, 2022.
Andrew Kelly | Reuters

Check out the companies making headlines in midday trading.

Apple

Intelsurpassing analysts’ estimates for the recent quarter and outlining a plan to reduce costs by $10 billion over the next three years.

Amazonfell short of Wall Street’s expectations. The company also projected weaker holiday sales than analysts expected.

T-Mobile

DexCom

Gilead Sciencesupgraded the stock Friday to a buy.

DaVita Inc

Etsy

Pinterest

Edwards Lifesciences

Verisign

CharterCommunications

Chinese stocks – Chinese stocks, including slipped Friday as the Hang Seng Index sold off after President Xi Jinping was given a third term as the country’s leader. JD.comBaiduAlibabaPinduoduo

McDonald’sreiterated its overweight rating on them. The firm called McDonald’s a must own “in these times” after its earnings report on Thursday showed growing traffic to its U.S. restaurants.

Deckersreiterate its buy rating on the shares. Deckers also reaffirmed its conservative full-year financial outlook.

Resmed

LyondellBasell Industrieschallenging conditions in the fourth quarter.

Bio-Rad Laboratories

Principal Financial Group

Bloomin’ Brands

— CNBC’s Samantha Subin, Sarah Min, Tanaya Macheel and Jesse Pound contributed reporting

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