These are the stocks posting the largest moves in midday trading.
Check out the companies making headlines in midday trading. Charles Schwab – The financial services giant slid close to9% following its second quarter results. The firm reported adjusted earnings of 73 cents per share and revenue of $4.69 billion. These just barely beat estimates, as analysts polled by LSEG were expecting 72 cents earnings per share on $4.68 billion in revenue. The firm also reported a miss on net interest margin, per FactSet.
Systems – Shares of the software engineering services company gained around 4% after Jefferies upgraded the stock to buy from hold. Expecting valuations and earnings have "troughed," the firm says a recovery in discretionary spend and a potential boost in artificial intelligence demand are underappreciated. Rio Tinto – The U.S. listed shares of the mining company fell 2%.
Advanced Micro Devices Inc Broadcom Inc Vaneck Semiconductor ETF Builders Firstsource Inc Pultegroup Inc Toll Brothers Inc Dream Finders Homes Inc Ishares U.S. Home Construction ETF Reddit Inc Charles Schwab Corp Match Group Inc Bank Of America Corp Unitedhealth Group Inc Shopify Inc Shopify Inc Morgan Stanley Epam Systems Inc Progressive Corp Rio Tinto PLC Rio Tinto PLC PNC Financial Services Group Inc Markets Market Insider Stock Markets Breaking News: Economy Economy Breaking News: Markets Business News
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