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Skip NavigationMarketsBusinessInvestingTechPolitics & PolicyVideoWatchlistInvesting ClubPROLivestreamMenuCheck out some of the companies making the biggest moves midday: American Airlines — The largest U.S. carrier by passengers added 3%. American plans to slow its capacity growth next year after forecasting deeper losses this year as record revenue fails to offset the spike in fuel costs. Southwest Airlines — The Dallas-based airline climbed 5%. Southwest now anticipates earning between $2.60 and $2.85 per share on an adjusted basis this year, down from its July call for $3.25 to $4.25 per share. Procter & Gamble — The Ivory soap and Tide detergent maker climbed 6% after beating on both the top and bottom lines in the fiscal first quarter. P & G saw adjusted earnings of $2.00 per share, topping the $1.88 consensus estimate, according to LSEG. Revenue totaled $23.28 billion, above the $22.80 billion expected from analysts. Forgent Power Solutions – The electrical distribution company plummeted 24% after announcing its finance chief Ryan Fiedler will step down from the post and transition to an external consulting role. Executive vice president of finance Amy Ard was appointed CFO to replace Fiedler. SAP SE — Shares of the German software company advanced 4% after third-quarter earnings and revenue topped analysts’ estimates. Blackstone – The alternative asset manager gained 6% after third-quarter profit surpassed Wall Street’s estimates. Adjusted earnings totaled $1.32 per share, while analysts polled by LSEG forecast $1.26 a share. Total assets under management hit $1.368 trillion. Comcast – The Universal theme parks owner advanced 4% after Comcast beat analysts’ estimates in the third quarter. Adjusted earnings of $1.07 per share on revenue of $29.30 billion topped LSEG consensus estimates of 98 cents a share and $29.28 billion. Free cash flow of $4.21 billion also came in above the StreetAccount consensus of $3.32 billion. TTM Technologies — The printed circuit board maker plunged 28%. The midpoint of fourth-quarter per share earnings guidance missed the Street consensus by 1 cent, while the revenue forecast matched expectations, FactSet data showed. Hexcel — The Connecticut-based maker of composite materials for the aerospace industry slumped 11%. Third-quarter revenue, operating income, gross margin and operating margins all missed Street estimates, FactSet’s StreetAccount service said. Aevex — The defense company rose more than 7% after it disputed a Bloomberg News report that said the U.S. Navy would no longer buy Aevex’s GARC boat drone due to performance issues. In a release, Aevex said ” no orders have been halted .” Lockheed Martin — Shares rose 5% after the prime defense contractor reported better-than-expected results for the third quarter. Lockheed also hiked earnings and revenue guidance. Spotify — The audio streaming service surged 9% on fourth-quarter revenue guidance that exceeded analyst expectations. Spotify also said monthly active users rose 11% to 788 million year over year . Energy stocks — Parts of the group rose as oil prices surged amid renewed geopolitical fears in the Middle East. Kinder Morgan climbed 4%. Meta Platforms — The Facebook parent dropped more than 7% after revenue came in ahead of analysts’ estimates. Third-quarter revenue of $64.60 billion topped the LSEG consensus call for $63.37 billion. The midpoint of its fourth-quarter sales guidance was also above the Street’s estimates. CSX — The railway climbed 7% after third-quarter results beat expectations. CSX earned 57 cents per share on revenue of $4.02 billion, while analysts surveyed by LSEG called for 53 cents a share and $3.96 billion. Union Pacific , which also posted results Thursday, gained almost 3%. Lam Research — The semiconductor equipment maker dropped more than 11%. Lam sees fiscal second-quarter adjusted earnings of $2.33 per share, plus or minus 15 cents, on revenue of $8.60 billion, plus or minus $400 million. That compares to analysts’ expectation for $2.31 per share and revenue of $8.53 billion. QuantumScape – Shares of the company behind lithium-metal battery tech added almost 3%. QuantumScape announced plans for a 100 megawatt-hour solid-state battery production line for artificial intelligence data centers. — CNBC’s Fred Imbert, Darla Mercado, Davis Giangiulio, Sean Conlon, Sarah Min, Michelle Fox, Paulina Likos and Leslie Josephs contributed reporting.