Here are the stocks making headlines in midday trading. Fluence Energy – The battery storage maker soared almost 30%. HSBC and Roth Capital both upgraded Fluence after fiscal second-quarter earnings before interest, taxes, depreciation and amortization topped Wall Street analyst estimates, according to FactSet. The stock skyrocketed roughly 40% in the prior session. Corpay – Shares of the corporate payments company jumped 10% after Corpay lifted its full-year guidance. The company sees earnings ranging from $26.30 to $27.10 per share, versus its earlier outlook for $25.50 to $26.50 a share. Analysts polled by FactSet had estimated $26.05. Adjusted profit and revenue in the first quarter also surpassed estimates. Chip stocks – The VanEck Semiconductor ETF (SMH) popped more than 3% to a new 52-week high as investors snapped up shares of chip companies. Micron Technology added 13%, and Qualcomm jumped about 9%. Advanced Micro Devices rose 8%. MercadoLibre – The online marketplace saw shares tumble about 12%. MercadoLibre’s first-quarter earnings came in short of analysts’ estimates, landing at $8.23 per share, versus the consensus call for $8.50 per share. Operating margin for the period also fell short of expectations, coming in at 6.9%. The StreetAccount consensus estimate called for 7.7%. AppLovin – The mobile marketing company dropped 5% as investors sold shares after an earnings-fueled jump. A day earlier, the stock surged more than 6% after a top- and bottom-line beat in the first quarter, and second-quarter guidance that came in ahead of the Street’s estimates. Mettler-Toledo – The manufacturer of scales slid 13% on disappointing guidance. Mettler-Toledo sees adjusted earnings in the second quarter ranging from $10.60 to $10.85 per share, while the FactSet consensus called for $10.95 a share. The company anticipates revenue growth in the current quarter to be roughly 3% year over year, falling short of the 5.1% rate analysts had estimated. Motorola Solutions – The maker of critical communication devices and video security systems dropped 11% after it failed to impress Wall Street. Motorola sees adjusted earnings in the second quarter ranging from $3.82 to $3.88 per share, while the FactSet consensus anticipated $3.84 per share. Akamai Technologies — Shares surged 20% after the cybersecurity and cloud computing company said a leading U.S.-based frontier model provider has committed to $1.8 billion over seven years for its Cloud Infrastructure Services. Akamai also reported a first-quarter adjusted earnings beat, while revenue matched expectations. CoreWeave — The cloud infrastructure company slid 13% as second-quarter revenue guidance disappointed Wall Street. CoreWeave sees revenue ranging from $2.45 billion to $2.6 billion. The top end, as well as the midpoint of $2.53 billion fell short of the $2.69 billion LSEG consensus call. IREN Limited — Shares jumped almost 4% after the data center owner and operator announced a deal with chipmaker giant Nvidia to deploy up to five gigawatts of artificial intelligence infrastructure. Nvidia will also invest $2.1 billion in the company. Gen Digital — The software stock popped 10% after current-quarter and full-year revenue guidance exceeded analysts’ expectations, according to FactSet. Gen Digital also posted fiscal fourth-quarter adjusted earnings and revenue that topped estimates. Upwork — Shares tumbled 21% after the company announced a restructuring that includes reducing its workforce by 24%. Upwork said it was making sure it remains profitable as work evolves. It also reported first-quarter earnings and revenue that came in slightly lower than expected, according to StreetAccount. Trade Desk — The advertising technology stock fell 6% after Trade Desk reported current-quarter revenue guidance of at least $750 million, versus the $771 million anticipated by analysts, per LSEG. Adjusted earnings in the first quarter also missed expectations, coming in at 28 cents a share versus the 32 cents per share estimated. Expedia — Shares shed 6% after the online travel agency called for second-quarter revenue of $4.11 billion to $4.19 billion, compared to the $4.12 billion anticipated by analysts, per LSEG. Bill Holdings — Shares of the financial operations platform rose 7% after it earned an adjusted 68 cents per share in the fiscal third quarter. Analysts polled by FactSet expected earnings of 55 cents per share. Revenue also beat expectations, and Bill announced it was reducing its workforce by 30% by the first quarter of fiscal 2027. Texas Roadhouse — The steakhouse chain popped 15% after reporting first-quarter earnings of $1.87 per share, exceeding the $1.80 per share FactSet consensus estimate. Same-store sales at company owned restaurants in the first five weeks of the second quarter grew 6.5% compared to the year-earlier period. Toast — Shares slid 14%. Guidance for adjusted EBITDA in the second quarter came in at $185 million to $195 million, falling short of the FactSet consensus estimate of $204.4 million. Revenue in the first quarter was in line with expectations at $1.63 billion. Rocket Lab — The aerospace manufacturer gained 27% after first-quarter revenue beat analyst estimates and the order backlog grew 20% quarter over quarter to a record $2.2 billion. Rocket Lab also announced plans to acquire Motiv Space Systems . The company also has been awarded a $30 million contract for three HASTE hypersonic test launches and signed the largest launch contract in company history with a confidential customer. Block — Shares climbed 7%. The fintech platform guided for adjusted earnings in the second quarter and full year that surpassed the FactSet consensus estimates. Monster Beverage — The beverage stock gained 15% after Monster posted first-quarter adjusted earnings of 58 cents on $2.35 billion in revenue. Analysts were looking for earnings of 53 cents and revenue of $2.16 billion, per FactSet. Figs — The retailer of medical scrubs tanked 27% after posting first-quarter earnings of 3 cents per share, narrowly beating the 1 cent analysts polled by FactSet had estimated. Cloudflare — The internet services stock plunged 23%. Cloudflare announced plans to reduce its headcount by about 1,100. Second-quarter adjusted earnings guidance matched the LSEG consensus call for 27 cents per share. The company expects revenue to range from $664 million to $665 million, versus the $665 million estimate. Synaptics — The provider of Internet of Things solutions jumped 20%. Synaptics reported third quarter adjusted earnings of $1.09 per share, beating the FactSet consensus estimate of $1.01 per share. Revenue also beat expectations, coming in at $294.2 million, versus the $290.5 million anticipated by the Street. JFrog — The software company with a focus on supply chains popped 23% after full-year earnings forecast beat estimates. The company sees adjusted earnings in a range of 93 cents to 97 cents per share, while analysts anticipated 90 cents per share, per LSEG. Top and bottom line guidance for the second quarter also surpassed estimates. SoundHound AI — Shares slid 11%. The voice AI platform provider reported a first-quarter adjusted loss before interest, taxes, depreciation and amortization of $26.7 million, wider than the $12 million loss analysts anticipated, according to FactSet. SoundHound also reaffirmed revenue of $225 million to $260 million, versus the consensus estimate of $232.8 million. — CNBC’s Darla Mercado and Scott Schnipper contributed reporting. Markets shift and headlines fade, but the core principles of building long-term wealth remain constant. Join us for our third CNBC Pro LIVE, where investors of all backgrounds – from financial professionals to everyday individuals – come together to cut through the noise and gain actionable strategies for smarter, more disciplined investing. No matter where you’re starting from, you’ll leave with clearer thinking, stronger strategies. Enter your email here to get a discount code.
