Here’s a look at the companies making the biggest moves midday: Accenture — Shares jumped 7.29% after the consulting firm reported more than $900 million in generative AI orders for the third quarter, bringing the total for this fiscal year was $2 billion. Gilead Sciences – Shares of the biopharmaceutical company rose 8.46% after the company said a phase 3 trial showed its HIV drug, lenacapavir, was 100% effective in preventing it in women. Trump Media & Technology Group — After former President Donald Trump’s company said Tuesday that the Securities and Exchange Commission had registered additional shares of Trump Media, shares fell 14.56%. Super Micro Computer — Shares closed down 0.26% after rising 5% in midday trading. Elon Musk said the company will help his artificial intelligence firm xAI build a supercomputer. Shares of Darden Restaurants, the parent company of Olive Garden and LongHorn Steakhouse, rose 1.53% after reporting mixed fourth-quarter financial results. Adjusted earnings per share were $2.65, beating the $2.61 expected by analysts surveyed by LSEG. Revenue was $2.96 billion, missing the consensus estimate of $2.97 billion. Advanced Micro Devices shares rose 4.62% after Piper Sandler named the semiconductor maker a favorite. The firm said the company has a “bright outlook” for the second half of the year. Winnebago Industries — Shares of the recreational vehicle maker fell 3.54% after its quarterly report showed year-over-year declines in revenue and net income. Winnebago reported adjusted earnings per share of $1.13 on revenue of $786 million for its fiscal third quarter. Analysts polled by FactSet expected $1.31 per share on revenue of $798.3 million. TransUnion — Shares of the consumer credit reporting agency rose 2.94% after receiving a neutral buy rating from Bank of America. Analyst Heather Balsky cited the recent pullback as the reason for the change, which contributed to the attractive valuation. Jazz Pharmaceuticals — The company’s shares fell 4.72% after the biotech company’s experimental drug to treat essential tremor failed to show statistically significant improvement in patient outcomes compared with a placebo in a mid-stage study. Commercial Metals — Shares rose 3.8% after the company reported higher third-quarter revenue. Revenue was $2.08 billion, versus the FactSet consensus estimate of $2.02 billion. Revenue was in line with expectations. Jabil – Shares fell 11.44%. Jabil beat earnings and revenue expectations in its latest quarterly results. However, the electronic components maker noted softness in its automotive and transportation markets. KB Home — Shares of the homebuilder jumped 2.85% after reporting beats in second-quarter revenue and profit. KB Home reported earnings of $2.15 per share on revenue of $1.71 billion. Analysts surveyed by LSEG had forecast earnings of $1.80 per share and revenue of $1.65 billion. The company noted that net orders increased 2% from the prior year. — CNBC’s Alex Harring, Hakyung Kim, Sarah Min, Jessie Pound and Lisa Han contributed reporting.
