Check out the companies making headlines in midday trading: McDonald’s — The fast-food giant jumped more than 3% following its earnings announcement . While adjusted earnings came in at $2.83 per share, in line with expectations, revenue of $6.39 billion fell short of the $6.44 billion LSEG consensus estimate. The company’s same-store sales growth of 0.4% topped the 1% decline expected from analysts polled by StreetAccount. Edgewell Personal Care — Shares tumbled 10.7% after the personal products company’s fiscal first-quarter report fell short of expectations. Edgewell reported adjusted earnings of 7 cents per share on revenue of $478.4 million. Analysts surveyed by FactSet had forecast earnings of 12 cents per share on $480.1 million in revenue. Incyte — The biopharma stock shed 5.8% on weaker-than-expected earnings for the fourth quarter. Incyte posted an adjusted profit of $1.43 per share, while analysts polled by FactSet expected earnings of $1.49 per share. Rockwell Automation — Shares jumped 12.8% after the industrial automation firm posted fiscal first-quarter adjusted earnings of $1.83 per share, exceeding the FactSet consensus estimate of $1.58 per share. Rockwell’s $1.88 billion in revenue was in line with expectations. On Semiconductor — Shares plunged 9% after the semiconductor manufacturer reported a fourth-quarter earnings and revenue miss. On Semiconductor posted adjusted earnings of 95 cents per share on revenue of $1.72 billion, while analysts polled by FactSet had expected 97 cents per share on revenue of $1.76 billion. Steel and aluminum stocks — Stocks tied to the metals advanced following President Donald Trump’s remarks on Sunday that he plans to announce 25% tariffs on steel and aluminum imports Monday. Steel producer Cleveland-Cliffs gained 18%, while producers Nucor , Steel Dynamics and U.S. Steel rose 6%, 5% and 4%, respectively. Aluminum company Alcoa jumped more than 3%. GameStop — The meme stock jumped more than 7% after CEO Ryan Cohen posted a photo with Michael Saylor , co-founder and chairman of the largest corporate holder of bitcoin. Cohen uploaded the photo over the weekend on social media site X, sparking speculation that GameStop is plotting another strategy around crypto. MicroStrategy, which recently rebranded as “Strategy,” saw shares rising more than 2%. Semtech — Shares tumbled 30.8% after the semiconductor manufacturer cautioned in an 8-K filing that for fiscal year 2026, net sales from its CopperEdge products used in active copper cables will likely come in lower than the company’s previous estimate. Semtech attributed this miss to “rack architecture changes” and said it expects no ramp-up over the course of the year. BP — The stock jumped 7.3% following reports over the weekend that Elliott Management has taken a stake in the oil giant. The activist investor could reportedly pressure BP to shift focus on its oil and gas businesses, reports said. Shopify — Shares of the e-commerce company added 3% and touched a new 52-week high following Benchmark’s upgrade to buy from hold. The firm said to expect good news out of Shopify’s earnings report scheduled for Tuesday. Johnson Controls International — The HVAC equipment maker added 2% following an upgrade from UBS to buy from neutral. UBS’ upgrade comes after Johnson Controls announced last week that Joakim Weidemanis would be taking over as CEO starting in March. Super Micro Computer — Shares surged 3.4% ahead of Super Micro’s second-quarter earnings release, slated for after Tuesday’s closing bell. Super Micro’s gain on Monday marked its fifth positive session in a row. T-Mobile — The telecommunications stock added about 3%. T-Mobile announced on Sunday that its beta partnership for satellite texting with Elon Musk’s Starlink is now open to all wireless customers. Rivian — Shares of the automaker rose more than 3.7% after Rivian announced that its electric commercial van is now available to all U.S. customers. The Rivian vans were previously subject to an exclusivity period with Amazon. Hims & Hers Health — The telehealth provider popped 4.6%. The move comes despite backlash from the drug industry against its Super Bowl commercial, which advertised its compounded semaglutide and targeted similar weight-loss treatments priced “for profits, not patients.” Lyft — Shares rose 4.7% after TechCrunch reported , citing a Lyft executive, that the ride-hailing company is planning to bring fully autonomous robotaxis to its app “as soon as 2026” in Dallas. The media outlet added that more markets are expected to follow. Monday.com — Shares surged 30% after the project management software company reported fourth-quarter results that surpassed expectations. Monday.com reported adjusted earnings of $1.08 per share on revenue of $268.0 million. Analysts polled by FactSet anticipated earnings of 79 cents on revenue of $261.4 million. — CNBC’s Sean Conlon, Brian Evans, Michelle Fox, Alex Harring, Hakyung Kim, Yun Li, Sarah Min and Jesse Pound contributed reporting.
#Stocks #making #biggest #moves #midday #McDonalds #GameStop #Semiconductor
Breaking News: Markets,regwall-marketmovers,Breaking news,Market Insider,Markets,Economy,Stock markets,Business,Shopify Inc,BP PLC,Shopify Inc,Nucor Corp,Rivian Automotive Inc,Johnson Controls International PLC,Super Micro Computer Inc,T-Mobile US Inc,Semtech Corp,Hims & Hers Health Inc,BP PLC,Alcoa Corp,United States Steel Corp,Steel Dynamics Inc,Cleveland-Cliffs Inc,ON Semiconductor Corp,Rockwell Automation Inc,Incyte Corp,Edgewell Personal Care Co,McDonald's Corp,Lyft Inc,business news
latest news today, news today, breaking news, latest news today, english news, internet news, top news, oxbig, oxbig news, oxbig news network, oxbig news today, news by oxbig, oxbig media, oxbig network, oxbig news media
HINDI NEWS
News Source
