See the companies making headlines in midday trading. Pinterest — Shares fell about 10% after the image-sharing company posted softer-than-expected first-quarter revenue guidance. Late Thursday, Pinterest reported fourth-quarter revenue that disappointed Wall Street but beat earnings, according to LSEG data. CleanSpark – The Bitcoin miner rose 33% after reporting better-than-expected fiscal first-quarter results on Thursday. The company reported earnings of 14 cents per share, compared with analysts’ expectations of a loss of 26 cents per share, according to FactSet. Revenue for the quarter was $73.8 million, compared with expectations of $71 million. The company received an additional boost after Bitcoin rose above $47,000 on Friday. Expedia – Shares of the travel booking company fell 17% after fourth-quarter bookings disappointed Wall Street. On Thursday, Expedia reported bookings of $21.7 billion, while analysts polled by LSEG were expecting $22 billion. The company also announced a change in CEO, and Bank of America downgraded the stock to neutral from buy. Take-Two Interactive Software shares fell 8.6% after the video game maker gave disappointing guidance for the current quarter. Take-Two Interactive said Thursday it forecast fiscal fourth-quarter bookings of $1.27 billion to $1.32 billion, compared with analyst estimates of $1.51 billion for each LSEG. PepsiCo — Shares fell nearly 4% after the beverage and snacks giant’s fourth-quarter earnings fell short of expectations. Revenue was $27.85 billion, below the $28.4 billion expected by analysts polled by LSEG. Pepsi said high borrowing costs and declining personal savings are hurting consumers’ budgets. Cloudflare — Shares soared more than 19% after the cloud services provider beat Wall Street estimates for revenue and profit in the fourth quarter and posted upbeat earnings per share guidance for the full year. Late Thursday, Cloudflare reported adjusted earnings of 15 cents per share and revenue of $362 million, while analysts polled by LSEG had forecast earnings of 12 cents per share and revenue of $353 million. Bill Holdings invoicing software development fell more than 13%. Late Thursday, Bill Holdings issued fiscal third-quarter revenue guidance of $299 million to $309 million. Analysts had forecast revenue of $302 million per LSEG. Applied Materials, Lam Research and more – Chip shares rose, sending the VanEck Semiconductor ETF (SMH) up nearly 2.2%. Applied Materials was up nearly 7%, while Lam Research was up 5.4%. Shares of chip giant Nvidia jumped 3.5%. Enphase Energy, First Solar and More – Solar stocks jumped on Friday, sending the Invesco Solar ETF (TAN) up 3.1%. Shares of Enphase Energy and First Solar each gained about 4.5% and 5.8%, while shares of SolarEdge rose 3%. All four companies are still down sharply from last year. — CNBC’s Tanaya Machil, Pia Singh, Jessie Pound, Michelle Fox, Lisa Kailai Khan and Darla Mercado contributed reporting.
