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Market

AMD, GLW, ARM, COR, UBER

Editor
Last updated: May 6, 2026 6:28 pm
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Published: May 6, 2026
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AMD, GLW, ARM, COR, UBER


Listed below are the shares making headlines in noon buying and selling. Arm Holdings — The British semiconductor designer’s inventory jumped nearly 13% on Nasdaq forward of its newest earnings report due out after the shut Wednesday. UBS analyst Timothy Arcuri raised his 12-month value goal on ARM Tuesday to $245 from $175 beforehand. Healthpeak Properties — Shares of the healthcare actual property funding belief soared 18% after first-quarter funds from operations, or FFOs, and income each topped Wall Avenue analysts’ consensus estimates, and the corporate raised its second-quarter steering for FFO to $1.71 to $1.75. CDW — Shares dropped 19% after the multibrand supplier of knowledge know-how reported disappointing working earnings within the first quarter. The corporate reported adjusted earnings per share of $2.28, which matched FactSet’s consensus. CDW reaffirmed its 2026 outlook, seeing adjusted EPS development steering within the mid-single digits yr over yr. Cencora — Shares plummeted 17% after the drug wholesale and distribution firm dialed again its income development expectations for 2026. Cencora now anticipates development of 4% to six%, versus its earlier steering of seven% to 9%. Aurora Innovation —The self-driving car firm’s inventory popped 9% after Aurora introduced a deal to offer driverless know-how to Berkshire Hathaway subsidiary McLane. The partnership permits McLane, one of many largest distribution corporations within the U.S., to make use of the autonomous know-how in long-haul trucking on routes in Texas and throughout the U.S. Solar Belt. Flex — The manufacturing inventory soared 35% and hit a 52-week excessive. Flex introduced that it plans to spin off its cloud and energy infrastructure enterprise into a brand new publicly traded firm. Superior Micro Units — Shares surged practically 17% after the chipmaker issued robust steering. AMD is looking for second-quarter income of $11.2 billion, plus or minus $300 million, versus the analyst estimate for $10.52 billion. First-quarter outcomes additionally surpassed expectations on the highest and backside strains. Tremendous Micro Laptop — The server maker jumped 15%. Expectations for fourth-quarter revenue vary from 65 cents to 79 cents per share, trouncing Wall Avenue’s name for 55 cents a share, per LSEG. Within the third quarter, Tremendous Micro posted adjusted earnings of 84 cents per share on income of $10.24 billion. Analysts polled by FactSet had anticipated earnings of 62 cents and $12.39 billion in income. Disney — The media large jumped 6% on fiscal second-quarter income that beat analyst expectations. Driving the beat was a powerful efficiency from the corporate’s streaming and theme park companies. Corning — Shares popped 13% after the glassmaker introduced a take care of Nvidia to construct three new manufacturing amenities in North Carolina and Texas. The amenities will assist develop optical applied sciences for the chipmaker, and enhance Corning’s optical manufacturing capability by 900%. CVS Well being — The pharmacy advantages operator gained 6% on better-than-expected outcomes for the primary quarter. CVS earned an adjusted $2.57 per share on income of $100.43 billion. Analysts polled by LSEG anticipated a revenue of $2.20 per share on income of $95.1 billion. The corporate additionally hiked its full-year earnings outlook. Uber — Shares surged about 7% on robust bookings steering . For the second quarter, Uber sees bookings in a variety of $56.25 billion to $57.75 billion, forward of $56.17 billion consensus estimate. Arista Networks — The cloud networking firm dropped practically 17%. Adjusted gross margin narrowly missed expectations, coming in at 62.4% within the first quarter, versus the 62.7% anticipated by analysts polled by StreetAccount. Arista’s second-quarter income forecast was roughly consistent with the Avenue’s estimate, coming in at $2.8 billion versus the $2.77 billion anticipated. SolarEdge Applied sciences — The inventory fell 8% after the corporate reported a wider-than-expected adjusted lack of 43 cents per share in its first-quarter monetary report. Analysts polled by FactSet anticipated a lack of 27 cents per share. Klaviyo — The supplier of the e-mail advertising platform plummeted 32%. Second-quarter adjusted working earnings is predicted to vary from $47.5 million to $50.5 million versus the StreetAccount consensus name for $52.7 million. Klaviyo additionally mentioned that finance chief Amanda Whalen will likely be leaving the corporate. She is predicted to function CFO by way of Aug. 21 and can transfer into an advisory function by way of November. DaVita — The kidney dialysis service supplier added 20% after reporting first-quarter adjusted earnings and income that exceeded what analysts polled by FactSet had been in search of. The corporate now sees its full-year earnings coming within the vary of between $14.10 to $15.20 per share, versus prior steering of between $13.60 to $15 per share. Skyworks Options — Shares of the wi-fi networking service supplier slipped 10%. Skyworks’ third-quarter steering requires income of $900 million to $950 million, with adjusted earnings of $1.03 per share anticipated on the midpoint of the income vary. Analysts polled by FactSet sought 94 cents per share on income of $861.2 million. Devon Vitality — Shares of the oil and fuel producer misplaced greater than 7%. Adjusted earnings within the first quarter got here in at $1.04 per share, whereas the FactSet consensus known as for $1.06 per share. Manufacturing within the interval was barely wanting the Avenue’s expectation. Maplebear — The Instacart proprietor dropped practically 12% after first-quarter earnings of 57 cents per share got here in beneath estimates for 60 cents, based on analysts polled by LSEG. Income got here roughly in-line with expectations at $1.02 billion. Oil shares — Vitality names fell after Axios reported the U.S. and Iran could also be nearing a deal to finish the conflict within the Center East. APA Company and Occidental Petroleum had been off 6%. ConocoPhillips tumbled 3%. Exxon Mobil and Chevron had been each down roughly 4%. — CNBC’s Lisa Kailai Han, Darla Mercado, Fred Imbert, Scott Schnipper, Michelle Fox and Nick Wells contributed reporting Markets shift and headlines fade, however the core ideas of constructing long-term wealth stay fixed. Be part of us for our third CNBC Professional LIVE, the place buyers of all backgrounds — from monetary professionals to on a regular basis people — come collectively to chop by way of the noise and achieve actionable methods for smarter, extra disciplined investing. Irrespective of the place you are ranging from, you may go away with clearer pondering, stronger methods. Enter your e-mail right here to get a reduction code.

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