{"id":577826,"date":"2026-08-07T19:02:18","date_gmt":"2026-08-07T19:02:18","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/577826\/"},"modified":"2026-08-07T19:02:18","modified_gmt":"2026-08-07T19:02:18","slug":"stocks-making-the-biggest-moves-midday-spcx-cohr-team-abnb-ttd","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/577826\/","title":{"rendered":"Stocks making the biggest moves midday: SPCX, COHR, TEAM, ABNB, TTD"},"content":{"rendered":"<p>Here are some of the companies making headlines in midday trading. SpaceX \u2014 Elon Musk&#8217;s rocket company gained 12% a day after key insider lock-up provisions expired and investors snapped up newly available shares. The stock is on track for a nearly 19% advance on the week. Coherent \u2014 Shares of the photonics company popped nearly 16%. Coherent is heading for a 47% advance on the week, propelled by a Reuters report earlier this week that the Trump administration is drafting a ban on imports of Chinese data center components. Shares of Lumentum , another photonics play, and fabless chip designer Marvell Technology \u2014 two companies Bank of America recently cited as beneficiaries of such a ban in addition to Coherent \u2014 traded up 6% and 3% Under Armour \u2014 The Baltimore-based sports apparel maker dropped more than 3% after lowering revenue guidance for the year ending next March, citing softer demand, especially in North America and the Asia-Pacific. Under Armour now sees revenue shrinking in the mid single digits against prior guidance for a slight decline, and a FactSet consensus estimate for sales to retreat 0.6%, StreetAccount said. Twilio \u2014 The customer engagement platform saw shares soar 31%. Twilio sees adjusted earnings of $1.42 to $1.47 per share on revenue of $1.51 billion to $1.52 billion. The LSEG consensus estimate sought $1.39 per share and $1.46 billion. The company also boosted its full-year revenue growth call to a range of 18% to 18.5% from 14% to 15%, also beating analysts&#8217; forecast of 14.8% growth. Atlassian \u2014 Shares were up more than 32% after the company beat FactSet consensus on revenue and earnings for its fourth-quarter earnings. The company&#8217;s first-quarter revenue guidance is above FactSet expectations but its full-year revenue growth is at 13% year over year, short of FactSet&#8217;s expectation of 13.4%. Software stocks \u2014 The iShares Expanded Tech-Software Sector ETF (IGV) rose on the back of solid earnings from major software names. The ETF was last up nearly 3%. Palantir jumped 9%. Fellow IGV member JFrog rose 7% on a second quarter earnings beat. Salesforce and CrowdStrike were up more than 2%. Microchip Technology \u2014 Shares jumped nearly 14% on the back of Microchip Technology&#8217;s earnings beat. The company reported first-quarter adjusted earnings of 76 cents, versus the 70 cents expected from analysts polled by FactSet. Revenue came in at $1.48 billion, topping the FactSet consensus estimate of $1.46 billion. Its second quarter EPS and revenue guidance also beat expectations. Doximity \u2014 The medical platform surged 35% Friday after some bold comments for its new AI search tool. CEO Jeffrey Tangney said the product brings in 10 times what it costs to run. &#8220;It&#8217;s early days on our AI search product, but I can tell you we&#8217;re earning more than 10 times per search in revenue than it costs,&#8221; the CEO said Thursday on Doximity&#8217;s fiscal first-quarter earnings call . Solar stocks \u2014 Shares for solar stocks increased after President Donald Trump imposed tariffs on products that are imported to make solar panels. First Solar jumped more than 3%, as did Invesco Solar ETF (TAN) . Airbnb \u2014 Shares of the vacation rental company surged 15% after Airbnb posted second-quarter earnings of $1.37 per share on revenue of $3.61 billion. That outpaced the earnings of $1.25 on revenues of $3.58 billion forecast by analysts surveyed by LSEG. Trade Desk \u2014 Shares tanked 20% after the digital advertising company Thursday posted second-quarter earnings and revenue that fell below expectations. Adjusted earnings of 34 cents missed the 40 cents consensus estimate from LSEG. Revenue of $715 million missed the anticipated $751 million. Cloudflare \u2014 The cloud cybersecurity company jumped more than 8% after issuing solid guidance for the full year and current quarter. Cloudflare expects adjusted earnings of 34 cents per share on revenue of $736 million to $737 million in the third quarter. That compares to the LSEG consensus call for 32 cents per share and $722 million in revenue. Second quarter results also surpassed estimates on the top and bottom lines. Akamai Technologies \u2014 The cloud computing stock traded 5% lower on the session after revenue guidance disappointed Wall Street. Akamai sees revenue in the third quarter ranging from $1.105 billion to $1.13 billion, versus the FactSet consensus estimate of $1.13 billion. \u2014 CNBC&#8217;s Scott Schnipper, Michelle Fox, Nick Wells, Sarah Min and Darla Mercado contributed to this report.<\/p>\n","protected":false},"excerpt":{"rendered":"Here are some of the companies making headlines in midday trading. SpaceX \u2014 Elon Musk&#8217;s rocket company gained&hellip;\n","protected":false},"author":2,"featured_media":577827,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[76123,85766,131656,933,941,114,357,98409,164093,15871,54,206442,3313,184,159816,261201,85,176754,144654,136665,46,261203,250798,102057,20590,190,30419,242791,9505,98490,939,261202,193809,155484,155781,73386,202573],"class_list":["post-577826","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-airbnb-inc","tag-akamai-technologies-inc","tag-atlassian-corp","tag-breaking-news-economy","tag-breaking-news-markets","tag-business","tag-business-news","tag-cloudflare-inc","tag-coherent-corp","tag-crowdstrike-holdings-inc","tag-donald-trump","tag-doximity-inc","tag-earnings","tag-economy","tag-first-solar-inc","tag-guggenheim-solar-etf","tag-il","tag-invesco-solar-etf","tag-ishares-expanded-tech-software-sector-etf","tag-ishares-north-american-tech-software-etf","tag-israel","tag-jeffrey-tangney","tag-jfrog-ltd","tag-lumentum-holdings-inc","tag-market-insider","tag-markets","tag-marvell-technology-inc","tag-microchip-technology-inc","tag-palantir-technologies-inc","tag-regwall-marketmovers","tag-salesforce-inc","tag-solaredge-technologies-inc","tag-space-exploration-technologies-corp","tag-trade-desk-inc","tag-twilio-inc","tag-under-armour-inc","tag-wendys-co"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/577826","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=577826"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/577826\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/577827"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=577826"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=577826"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=577826"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}