Check out the companies that made headlines in midday trading: Meta — Shares rose 1.7% after the European Union launched an investigation into the company over child safety concerns on social media platforms Facebook and Instagram It fell. Deere — Deere shares fell 3.3% after the agricultural machinery maker lowered its full-year outlook. The company said it expects net income to be about $7 billion, down from the previous range of $7 billion to $7.5 billion. Walmart — Shares rose about 7% after the company reported first-quarter adjusted earnings of 60 cents a share, beating the 52 cents expected by analysts surveyed by LSEG. Revenue of $161.5 billion exceeded the consensus estimate of $159.5 billion. Walmart said it has made big profits in e-commerce and attracted more high-income shoppers. Chubb — Shares of the insurance company rose 4.7% after Warren Buffett’s Berkshire Hathaway revealed that Chubb was a secret stock the conglomerate had been buying for two consecutive quarters. Berkshire bought about 26 million shares for about $6.7 billion, making it the second-largest holder of Chubb stock, according to regulatory filings. GameStop , AMC — Meme stocks fell for a second day after speculative gains earlier in the week. GameStop and AMC fell 30% and 15.3%, respectively, on Thursday. While a quick rally earlier this week caught Wall Street’s attention, retailer interest in these meme names pales in comparison to the epic frenzy of three years ago. However, GameStop and AMC are still up more than 60% each for the week. Canada Goose — The luxury apparel maker soared 15.9% after its fiscal fourth-quarter profit and revenue beat expectations. Canada Goose said its future profit margins will expand by about 100 basis points in fiscal 2025 compared to the previous year. Coupang — The South Korean e-commerce company rose 1.5% after UBS upgraded the stock to buy from neutral. The company cited Coupang’s “expanding portfolio and strong logistics network.” Corebridge Financial — Shares rose more than 7% after insurance company AIG announced it would sell a 20% stake in Corebridge to Nippon Life in a $3.8 billion deal. GoodRx — Shares of the healthcare company soared 10.9% on the back of Raymond James’ upgrade to above-market performance. After GoodRx’s first investor day on Wednesday, Raymond James said he was “gradually becoming more positive” on the company’s stock given the reacceleration of revenue and improving margins. —CNBC’s Samantha Subin, Alex Harring, Yun Li and Pia Xin contributed reporting.
Subscribe to Updates
Subscribe to our newsletter and stay updated with the latest news and exclusive offers.
WMT, DE, META, CB etc.
Related Posts
Add A Comment
Services
Subscribe to Updates
Subscribe to our newsletter and stay updated with the latest news and exclusive offers.
© 2026 Business Investopedia. All Rights Reserved.
