These are the companies making headlines in midday trading. Dell Technologies , HP Inc — The computer manufacturers saw their shares pop more than 15% on the heels of a blowout quarterly report from competitor Lenovo. Hong Kong-traded shares of Lenovo soared nearly 20% after the company said that revenue related to artificial intelligence jumped 84% in the fourth quarter. Estee Lauder – The cosmetics company saw shares jump 10%. Estee Lauder and Puig confirmed on Thursday that they have ended talks about a potential merger. Workday — Workday shares jumped almost 4% after the provider of finance and human-resources software posted stronger-than-expected results and raised its full-year margin outlook. Aneel Bhusri, a Workday co-founder, returned as CEO during the quarter. Merck — The pharmaceutical company was up almost 5% after its treatment for lung cancer in partnership with Chinese-based Kelun-Biotech cut tumor progression risk by 65% , according to a phase 3 study. Zoom Communications — The video conferencing company saw shares jump 11% on the back of its quarterly results. Zoom posted better-than-expected adjusted earnings and revenue for the latest quarter. The company also increased its stock repurchase authorization by $1 billion. IMAX — Shares were up 15% after reports that the company is exploring a sale and had preliminary talks with potential buyers. A source told CNBC that IMAX’s bankers occasionally test the water for interest about a sale. Ross Stores — The discount department store’s shares were up 6% after a stronger-than-expected quarterly earnings report. The firm also raised its comp sales forecast as well as earnings guidance for the full year. Take-Two Interactive — The video game holding company’s shares fell 4% after bookings guidance for the full year failed to impress Wall Street. Take-Two sees net bookings ranging between $8 billion and $8.2 billion, while the FactSet consensus called for $9.13 billion. Separately, the company also said Grand Theft Auto VI is still on track for November launch. Futu — U.S.-listed shares of the Hong Kong-based brokerage fell 25% after China launched a crackdown on illegal cross-border securities trading. China will penalize brokerages accused of illegally moving money to foreign markets, Reuters reported . PDD Holdings , Alibaba — U.S.-listed shares of the companies with large Chinese operations fell after China’s announcement that it will crack down on illegal cross-border securities trading. PDD was off 4%, while Alibaba was down 1%. BJ’s Wholesale Club — The stock was down almost 9% after BJ’s Wholesale Club reaffirmed its full-year guidance. The company expects earnings of $4.40 to $4.60 per share versus the FactSet consensus call for $4.51 per share. Perpetua Resources – Shares of the mining company shed previous gains and fell 4% on the day. The stock surged earlier on news that Perpetua has secured a $2.9 billion loan from the U.S. Export-Import Bank. The proceeds will fund Perpetua’s Stibnite Gold project in Idaho, which will also produce antimony, a necessary metal for munitions and semiconductor manufacturing. Advanced Micro Devices — Shares were up more than 4% after CEO Lisa Su predicted the elevated demand for CPUs will last for five years . Arm — The chipmaker rose 3%, heading for a 47% surge on the week. Arm is on track for its best weekly performance since February 2024. Generac — Shares jumped 9% after Jefferies upgraded the stock to buy from hold. The bank sees the data center buildout as a catalyst for the stock, and Jefferies doesn’t think it’s priced into the stock price yet. — CNBC’s Yun Li, Nick Wells and Darla Mercado 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.
