Stocks making the biggest moves midday: Oracle, Everpure, Meta Platforms, Nebius, Bloom Energy, MGM & more

Here are some of the companies making headlines in midday trading.

Skip NavigationJoin ICJoin ProLivestreamMenuHere are some of the companies making headlines in midday trading. Charles River Laboratories — The contract research company jumped 5%. Charles River reaffirmed its fiscal 2026 guidance, calling for revenue and adjusted earnings per share to land at the upper end of its earlier ranges. Nebius Group — Shares advanced more than 6% after Bank of America lifted its expectations for revenue in 2026, 2027 and 2028. “Nebius uses long-duration hyperscaler contracts to establish a stable utilization base while reserving a portion of capacity for 1-3 year contracts priced at roughly 2x hyperscaler rates,” analyst Tal Liani said in a Thursday report. “Higher revenues drive expanding margins.” The firm reiterated its buy rating and its price target of $310. Oracle — Shares of the enterprise software giant slid 4% after news that Oracle sent a ” force majeure ” notice related to a New Mexico data center project, a move that seemingly attempts to protect the company from higher costs. “Project Jupiter remains on our planned schedule,” an Oracle said in a statement to CNBC. “We are fully committed to New Mexico and confident in our path forward.” Bloomberg first reported the news, citing sources familiar with the matter. Bloom Energy — The manufacturer of fuel cells for data centers tumbled almost 6%. Oracle contracted with Bloom Energy to deliver up to 2.45 gigawatts of fuel cells to power the software giant’s New Mexico data center project, and shares of the power company slumped alongside Oracle in Thursday’s trading. Bloom Energy’s shares have been highly correlated to the project, according to Baird. Arm Holdings — The chip company slid about 6% after the company disclosed in a regulatory filing that finance chief Jason Child sold 10,400 shares of Arm. The transaction was valued at about $3.1 million. The move was made in accordance with a 10b5-1 plan. Chip stocks — Semiconductor plays were broadly lower in Thursday’s trading. The VanEck Semiconductor ETF (SMH) was off more than 1%, with Nvidia and Broadcom last trading down more than 1%. GoDaddy — The Internet domain registry jumped roughly 3% after The Financial Times reported that Gen Digital made a takeover offer for GoDaddy. Gen Digital is the maker of Norton 360, an antivirus software, and its shares dropped 8%. Darden Restaurants — The parent of Olive Garden and LongHorn Steakhouse shed almost 2% on the back of its fiscal first-quarter results. Darden’s earnings of $2.05 per share were in line with estimates, while revenue of $3.20 billion was just shy of the $3.21 billion expected from analysts polled by FactSet. The company also reaffirmed its full-year guidance. MGM Resorts International — Shares tumbled 10% after Barry Diller’s People withdrew its proposal to buy the casino giant . Diller said, “We didn’t feel the mix was coming together in the way we had hoped,” but expressed his faith in the company, in which he still holds 66.8 million shares. Meta Platforms — The tech giant advanced 3%, bringing its week to date gains to 15% on optimism around its Muse AI agent. CEO Mark Zuckerberg introduced the company’s $1,299 Meta VR Glasses and Muse Charm, its handheld device that works with Muse, late Wednesday. Knife River – The stock rose almost 3% following a Wall Street Journal report that activist investor Starboard Value has acquired a substantial equity interest in the construction materials and contracting services company. Starboard reportedly wants Knife River to improve its margins or potentially consider a sale. Everpure — The data management and storage company moved 18% higher on positive takeaways from its financial analyst meeting and its preliminary 2028 guidance. Everpure anticipates fiscal 2028 revenue of $7 billion to $7.3 billion, topping the $6.19 billion anticipated from analysts polled by FactSet. Its guidance for non-GAAP operating income also exceeded expectations. Gold miners — Shares of gold miners moved lower alongside gold futures, which earlier hit a low of $4,285.0, its lowest level since Sept. 16. Kinross Gold lost 12%, while Newmont and Iamgold 2.7% and almost 4%, respectively. — CNBC’s Nick Wells contributed reporting.

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