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March 10, 2026

And More October 28, 2022

Stocks Making The Biggest Moves Midday: Amazon, T-Mobile and More

And More ı By Rochdi Rais

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Stock Market News
Check out the companies making headlines in midday trading. Shares of Apple jumped 8% after the technology giant beat both top and bottom line estimates when it reported earnings results for its latest quarter. After surpassing analysts’ estimates for the recent quarter and outlining a plan to reduce costs by $10 billion over the next three years, Intel’s stock popped 10%. After Amazon reported quarterly revenue that did not meet Wall Street's standards on Thursday, the company's shares took a 9% dive on Friday. The retailer also forecasted lower holiday sales than what analysts had predicted. T-Mobile's stock shot up 6% after the telecom company released their subscriber numbers. This is the biggest jump they've had since 2020, when they merged with Sprint. DexCom's stocks shot up 16% after releasing their quarterly results which knocked the socks off of any expectations set by analysts. Gilead Sciences – On Friday, StreetAccount reported that the pharma company’s shares rose 11% following their better-than-expected earnings and revenue report. Gilead also issued bullish guidance for future earnings and total product sales. In response to this news, Truist upgraded the stock to a buy rating. DaVita Inc. – DaVita, a health-care company focused on kidney care and dialysis, dropped 27% Friday after reporting quarterly results that fell short of expectations due to the impact of Covid-19 and a labor shortage. The medical company also cut its 2022 outlook. Etsy- Friday, after Amazon announced their quarterly earnings report, Etsy's stock prices fell more than 4%. Pinterest prices soared 8% after the social media company reported more monthly users than analysts had predicted, exceeding earnings expectations. Edwards Lifesciences – Shares of the medical technology company shed 15% Friday after reporting quarterly earnings that fell short of Wall Street’s expectations due to hospital staff shortages and the strong U.S. dollar. The company also cut its guidance for the year. Verisign – Shares of the internet company jumped 8% Friday after its quarterly results beat analysts’ expectations, including revenues up on the year. Charter Communications– Shares of the cable company gained 4% after broadband subscribers grew during the third quarter. Net income per share rose year-over-year. However, the company’s revenue did come in below expectations, and a key profitability metric also missed estimates, according to StreetAccount. Chinese stocks – Chinese stocks Friday as the Hang Seng Index sold off after President Xi Jinping was given a third term as the country’s leader. JD.com shed more than 4%. Baidu slid more than 3%, while Alibaba dropped 4.7%. Pinduoduo fell about 1%.
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Rochdi Rais
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Rochdi Rais

Rochdi Rais is the chief content officer and financial and legal writer at USA Herald. He has been writing about finance, law, cryptocurrency and U.S. politics for years with over +4000 articles published during his career.

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