{"id":888348,"date":"2026-09-08T20:20:14","date_gmt":"2026-09-08T20:20:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/888348\/"},"modified":"2026-09-08T20:20:14","modified_gmt":"2026-09-08T20:20:14","slug":"stocks-making-the-biggest-moves-midday-amgn-qcom-expe-crwv","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/888348\/","title":{"rendered":"Stocks making the biggest moves midday: AMGN, QCOM, EXPE, CRWV"},"content":{"rendered":"

Here are some of the companies making headlines in midday trading. Stryker \u2013 The medical equipment maker dropped more than 7% after management said Stryker’s peripheral vascular business is suffering from supply constraints that are expected to act as a headwind through the third quarter and into the fourth quarter of the year. Amgen \u2013 The biotech stock slid almost 10%. Rival Novartis’ cholesterol drug pelacarsen fell short in a closely watched study. In turn, this lowered traders’ expectations for Amgen’s olpasiran ahead of late-stage data due in 2027 or early 2028. BMO Capital Markets also cut its rating on Amgen to market perform, but kept its price target at $450, suggesting upside of just 3%. Qualcomm \u2013 The chipmaker jumped 4%. Qualcomm entered a data center infrastructure partnership with Amazon Web Services. As part of the deal, Qualcomm said it issued Amazon warrants to buy 25 million shares for $4 billion. Artificial intelligence infrastructure \u2013 Shares of companies linked to the AI buildout surged after OpenAI released its GPT-6 Astra large language model late last week. CoreWeave climbed almost 15%, while photonics stocks Lumentum and Coherent gained 12% and 9%, respectively. Fiber optic provider Corning and AI cloud play Nebius were each up 10%. Travel stocks \u2014 Shares of travel and lodging companies slid as gasoline futures rose. Expedia Group and Booking Holdings fell 6% and 5%, respectively. Tripadvisor and Airbnb dropped about 3%. Gasoline futures for October delivery were last up about 2%. Roivant Sciences \u2014 Shares rallied about 20% after the pharmaceutical company said Phase 2 trial results for subsidiary Pulmovant’s mosliciguat\u00a0demonstrated “a clinically meaningful and statistically significant placebo-adjusted reduction in pulmonary vascular resistance” in patients with pulmonary hypertension with interstitial lung disease. Lockheed Martin \u2014 The defense contractor added about 3% after UBS upgraded Lockheed to buy from neutral, citing underappreciated earnings growth potential . Novartis \u2014 The Swiss drugmaker tumbled 13% after Phase 3 results showed its del-desiran drug led to no significant improvement in patients with myotonic dystrophy type 1. This trial result was the third drug-trial disappointment for the company in a week. Peloton Interactive \u2014 Shares slid more than 5% after Morgan Stanley downgraded its investment recommendation to underweight from equal weight. “PTON is facing structural headwinds in fitness,” the investment bank said. Boston Scientific \u2014 The medical device maker dropped 5% after BSX said a recent cyberattack likely hurt sales and profit targets for 2026 . Bloom Energy \u2013 The fuel-cell manufacturer jumped 10% in advance of joining the S & P 500 on Sept. 21. Bloom has been a major beneficiary of the AI data center buildout. Its shares are almost a triple this year, soaring about 190%. Quantum computing stocks \u2013 The quantum computing sector rallied after the U.S. agreed to take minority equity stakes in several companies as part of a $300 million CHIPS Act deal. The investments are in D-Wave Quantum , Rigetti Computing and Quantinuum . D-Wave gained more than 7%, Rigetti rose 4% and Quantinuum added 3%. \u2014CNBC’s Christina Cheddar Berk, Nick Wells and Darla Mercado contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"Here are some of the companies making headlines in midday trading. Stryker \u2013 The medical equipment maker dropped…\n","protected":false},"author":2,"featured_media":888349,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[308136,34132,7174,92247,49267,39519,7118,6826,1386,161,49,48,207795,15849,27766,18163,46,39518,7145,145778,20822,100,71795,4354,185071,32282,308133,191042,139369,13447,308135,82,308134,39517],"class_list":["post-888348","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sports","tag-rb27f","tag-airbnb-inc","tag-amazon-com-inc","tag-amgen-inc","tag-bloom-energy-corp","tag-booking-holdings-inc","tag-boston-scientific-corp","tag-breaking-news-economy","tag-breaking-news-markets","tag-business-news","tag-ca","tag-canada","tag-coherent-corp","tag-coreweave-inc","tag-corning-inc","tag-d-wave-quantum-inc","tag-economy","tag-expedia-group-inc","tag-lockheed-martin-corp","tag-lumentum-holdings-inc","tag-market-insider","tag-markets","tag-nebius-group-nv","tag-novartis-ag","tag-peloton-interactive-inc","tag-qualcomm-inc","tag-quantinuum-inc","tag-rbob-gas-sep25","tag-regwall-marketmovers","tag-rigetti-computing-inc","tag-roivant-sciences-ltd","tag-sports","tag-stryker-corp","tag-tripadvisor-inc"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/888348","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=888348"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/888348\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/888349"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=888348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=888348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=888348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}