
Stocks making the biggest moves midday: Apple, Amazon, Intel and more
Check out the companies making headlines in midday trading.
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.
Gilead Sciencesupgraded the stock Friday to a buy.
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.
LyondellBasell Industrieschallenging conditions in the fourth quarter.
— CNBC’s Samantha Subin, Sarah Min, Tanaya Macheel and Jesse Pound contributed reporting