Stocks making the biggest moves midday: Ferrari, Spotify, PayPal, Palantir and more

Breaking News: Markets News

Stocks making the biggest moves midday: Ferrari, Spotify, PayPal, Palantir and more
Regwall-MarketmoversBreaking NewsMarket Insider
  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 29 min. at publisher
  • 📊 Quality Score:
  • News: 106%
  • Publisher: 72%

These are the stocks posting the largest moves in midday trading.

Check out the companies making headlines in midday trading: Palantir Technologies — The software company surged 22% after reporting stronger-than-expected fourth-quarter results . Palantir attributed this earnings and revenue beat to its artificial intelligence platform gaining traction. The stock was on pace for its best day since Feb. 6, 2024, when it gained 30.8%. AMC — The movie theater stock gained 2% after Roth upgraded shares to neutral from sell.

76 billion, which topped the 46 cents on $17.36 billion analysts polled by LSEG had expected. PayPal — Shares tumbled 11% after the digital payments company reported a growth slowdown in card processing . However, PayPal posted a fourth-quarter earnings and revenue beat, alongside forward guidance that topped analysts' estimates. PepsiCo — The food and drink conglomerate shed 4.4% after Pepsi reported a fourth-quarter revenue miss .

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in US

Regwall-Marketmovers Breaking News Market Insider Markets Economy Stock Markets Business Spotify Technology SA Ferrari NV Pepsico Inc. Paypal Holdings Inc Pfizer Inc Sirius XM Holdings Inc Robinhood Markets Inc Palantir Technologies Inc Grab Holdings Ltd Illumina Inc PVH Corp Corecivic Inc Geo Group Inc AMC Entertainment Holdings Inc Ferrari NV Clorox Co Apollo Global Management Inc Estee Lauder Companies Inc Merck & Co Inc Business News

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Spotify Unlocks Musical Time Capsule, Spotify Wrapped Reveals 2024's Top HitsSpotify Unlocks Musical Time Capsule, Spotify Wrapped Reveals 2024's Top HitsSpotify's 'Playlist in a Bottle' feature allows users to revisit their music preferences from a year ago. Spotify Wrapped, another popular annual feature, reveals listening data for 2024, including Taylor Swift topping both U.S. and global artist charts.
Read more »

Music Stocks Soar on UMG Licensing Deal and Spotify Price HikesMusic Stocks Soar on UMG Licensing Deal and Spotify Price HikesMusic stocks experienced a significant surge this week, fueled by a new licensing agreement between Universal Music Group (UMG) and both Spotify and Amazon, and Amazon's announcement of higher prices for its music streaming service. The deal, which will introduce new paid subscription tiers on Spotify, is seen as a positive development for the music streaming industry. UMG stock rebounded strongly after a recent dip, and other music companies like Warner Music Group, Believe, and Reservoir Media also saw gains. Spotify, meanwhile, reached a record closing price, driven by analyst price target increases and a favorable court ruling.
Read more »

Quantum Stocks Tumble, Managed Care Rises, Boot Barn Soars: Stocks to WatchQuantum Stocks Tumble, Managed Care Rises, Boot Barn Soars: Stocks to WatchQuantum stocks dropped sharply after Mark Zuckerberg's comments on the long-term viability of quantum computing. In contrast, managed care stocks surged following a proposed increase in Medicare Advantage reimbursement rates. Other notable movers include Boot Barn, Pinterest, and Lululemon.
Read more »

European Stocks Rise on Optimism for Rate Cuts, Mining Stocks Lead GainsEuropean Stocks Rise on Optimism for Rate Cuts, Mining Stocks Lead GainsThe pan-European Stoxx 600 index climbed, fueled by hopes for interest rate cuts from the Bank of England. Mining stocks surged after reports of potential merger talks between Glencore and Rio Tinto. European economic data showed a slight uptick, but UK retail sales disappointed, leading to speculation about further easing by the Bank of England. Meanwhile, Wall Street futures also edged higher.
Read more »

Japan stocks may rebound as risks ease; these quality cyclical stocks are top picks- BofAJapan stocks may rebound as risks ease; these quality cyclical stocks are top picks- BofAJapan stocks may rebound as risks ease; these quality cyclical stocks are top picks- BofA
Read more »

Stocks Surge in Post-Inauguration Rally: AI Infrastructure, Construction Stocks SoarStocks Surge in Post-Inauguration Rally: AI Infrastructure, Construction Stocks SoarCNBC's 'Stocks Night' newsletter analyzes the market movements following President Trump's inauguration. AI infrastructure stocks like Microsoft, Nvidia, Meta Platforms, and Alphabet witness gains, while construction shares such as Fluor, Caterpillar, and Granite Construction also rally. Coverage also focuses on upcoming earnings reports and United Airlines' strong performance. The newsletter highlights the potential impact of the Trump administration's focus on military modernization and space exploration on relevant companies.
Read more »



Render Time: 2025-02-14 18:45:38