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LivestreamMenuHere are the companies making headlines in midday trading. Alphabet — The Google parent slid more than 4%. Google announced that it’s reshuffling its artificial intelligence divisions. As part of that, chief scientist Jeff Dean will be parting ways with the company after 27 years. Gold miners — Shares of gold miners leapt as futures tied to the yellow metal touched their highest level since June 18. The VanEck Gold Miners ETF (GDX) popped 6.8%, as U.S.-traded shares of Gold Fields advanced nearly 10%. Newmont and Barrick Mining were last up 7% and 6%, respectively. SpaceX — The Elon Musk-led rocket company fell 8% after releasing its first quarterly report since going public in June . SpaceX reported capital expenditures of $18.37 billion in the second quarter, largely driven by artificial intelligence and up 550% from the year-ago period. Second-quarter revenue came in at $7.81 billion, topping an LSEG consensus of $6.93 billion. It also lost 9 cents per share, though it wasn’t clear if that was comparable to an estimate of a 26 cent-per-share loss. Disney — The stock was up almost 2%, despite the media giant reporting a mixed fiscal third quarter . While earnings per share came in above expectations, revenue missed slightly. Revenue for the company’s experiences business, which includes its theme parks, was up 10% annually. Charles River Laboratories — Shares were up over 11% after the drug development company reported second quarter adjusted earnings and revenue that beat the FactSet consensus. The company also increased its adjusted earnings guidance to $11.15 and $11.45 per share versus the prior range of $10.80 to $11.30 per share. Booking Holdings — Shares of the travel and restaurant reservation company rose more than 5% after second-quarter results outpaced expectations. The company said travel demand has remained resilient, however, it lowered its forecast for gross bookings growth to a high single-digit increase from a prior call for growth in the high single-digits to low double-digits. Insulet — Shares of the insulin pump manufacturer tumbled more than 20% after the company lowered its 2026 forecast for Omnipod growth in the U.S. Insulet expects the device to grow between 17% and 19%, down from between 20% to 22%. The forecast came as the company posted second-quarter results that topped expectations on the top and bottom lines. Amgen — The biotech stock jumped 4% and hit a 52-week high after the company’s second-quarter financial results. Amgen saw adjusted earnings of $6.29 per share, topping the $5.62 expected from analysts polled by FactSet. Its revenue of $10.05 billion beat the $9.43 billion consensus estimate. The company also raised its full-year EPS and revenue guidance. Shopify — Shares of the e-commerce platform company surged about 17%, rising on the back of third quarter guidance. Shopify sees revenue growth in in the low-30% range on a year over year basis, while the FactSet consensus estimate called for a 26.5% increase. Arista Networks — Shares gained 4% after second quarter results surpassed estimates. Adjusted earnings came in at $1.02 per share on revenue of $3.04 billion, versus the LSEG consensus estimate of 88 cents a share and $2.82 billion. Non-GAAP operating margins also beat estimates, as did third quarter guidance for profit and revenue. AMD — The chipmaker slid 6% on the back of second-quarter results that failed to impress investors. The company earned an adjusted $1.66 per share on revenue of $11.54 billion. To be sure, those numbers were slightly ahead of LSEG consensus estimates. Q3 revenue guidance was about in line with expectations at $13 billion. Eli Lilly — The pharmaceutical giant jumped more than 3% after it reported an earnings and revenue beat in its second-quarter financial report . Eli Lilly also raised its full-year revenue guidance for 2026, as demand for its weight loss drug Zepbound and diabetes treatment Mounjaro continues to surge. Wynn Resorts – The casino operator saw shares jump 7%. Second-quarter adjusted earnings came in at $1.24 per share on revenue of $1.86 billion, beating the LSEG consensus calls for $1.11 per share and $1.84 billion. CVS Health — Shares shed earlier gains and were last down 5% on the day. The sell-off came even as CVS reported better-than-expected results on earnings and revenue . The company also increased its adjusted earnings per share guidance for 2026 to $7.90 to $8.10 from $7.30 to $7.50. Kratos Defense & Security Solutions — The maker of unmanned systems for the military rose almost 7%. Second-quarter revenue beat Wall Street analysts’ estimates in all segments. Pinterest – The image-sharing platform slid 8% after guidance failed to impress traders. Third quarter revenue is expected to range between $1.19 billion and $1.21 billion, inclusive of the FactSet consensus estimate of $1.2 billion. Second quarter results beat estimates on the top and bottom lines, however. DaVita — Shares tanked around 19% despite the kidney dialysis provider reporting better-than-expected results for the second quarter. Full-year earnings guidance ranged from $14.10 to $15.20 per share on an adjusted basis, compared to the FactSet consensus call for $14.88 per share. Teradata — The cloud data analytics provider plummeted about 20% after third-quarter earnings guidance of 55 to 59 cents per share excluding one-time items trailed a Wall Street consensus estimate of 62 cents, according to FactSet data. Uber Technologies — Shares of the ride-hailing company fell 7% after Uber’s guidance for third-quarter bookings and earnings missed analysts’ expectations. For the third quarter, Uber sees bookings of $59.25 billion at the middle of its range, falling below the consensus estimate of $59.33 billion, according to StreetAccount. Flutter Entertainment — The sports betting and iGaming operator was off more than 11% after the company announced CEO Peter Jackson would be leaving the company and Dan Taylor, the head of the company’s international business, would replace him on Oct. 1. Flutter also lowered its revenue guidance for the full year. — CNBC’s Christina Cheddar-Berk, Michelle Fox, Fred Imbert, Darla Mercado, Ananya Chetia, Tanaya Macheel, Sarah Min and Scott Schnipper contributed reporting.
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