Take a look at the businesses making headlines in noon buying and selling Friday:

Costco — Costco shares rose greater than 6% after the warehouse retailer posted its newest quarterly numbers a day earlier. The corporate earned $2.98 per share for its newest quarter on income of $50.36 billion. That top-line quantity surpassed a Refinitiv estimate of $49.6 billion. Costco’s earnings per share quantity was not akin to a forecast of $2.64 per share.

Oracle — Shares of the software program firm soared 15.9% in noon buying and selling on the again of better-than-expected quarterly results. With respect to steerage, Oracle known as for $1.14 to $1.18 in adjusted fiscal third-quarter earnings per share. Analysts polled by Refinitiv had anticipated adjusted earnings steerage of $1.16 per share.

Peloton — The health tools maker’s shares misplaced 5.3% after a plot level within the first episode of HBO Max’s “Intercourse and the Metropolis” reboot involving Peloton’s Bike raised questions about the company’s image issues. Credit score Suisse additionally downgraded the stock to impartial from outperform.

Chewy — Shares of Chewy sunk greater than 9% after the web pet merchandise retailer reported a wider-than-expected quarterly loss. Chewy posted a lack of 8 cents per share versus the Refinitiv consensus of 4 cents per share. Income matched analysts’ forecasts.

Lululemon — Shares of Lululemon retreated 1.5% regardless of a better-than-expected third-quarter report. Lululemon posted earnings of $1.62 per share on income of $1.45 billion. Analysts anticipated a revenue of $1.41 per share on income of $1.44 billion. Nevertheless, the athletic attire retailer minimize its forecast for gross sales of its at-home health machine, Mirror, for the 12 months.

Broadcom — Broadcom shares rallied greater than 7% after the chipmaker’s quarterly report beat Wall Road estimates. The corporate earned an adjusted $7.81 per share, 7 cents above a Refinitiv estimate, and issued an upbeat forecast.

Beyond Meat — Shares of Past Meat dropped greater than 6% after Bloomberg reported restaurant chain Taco Bell dropped plans to check Past Meat’s plant-based model of carne asada. Taco Bell reportedly was dissatisfied with samples it obtained in October.

C3Ai — The substitute intelligence software program firm noticed its shares acquire greater than 3% after it won a $500 million contract from the U.S. Division of Protection.

AMC Entertainment — AMC shares slid 9.9% after SEC filings confirmed a sale of 312,500 shares by CEO Adam Aron and a sale of 18,000 shares by CFO Sean Goodman. Aron had indicated in November that he would quickly start promoting shares as a part of property planning.

Jabil — Shares of Jabil rose greater than 5% after Goldman Sachs upgraded the stock to purchase from impartial and raised its worth goal on the inventory. Goldman mentioned the electronics manufacturing service firm’s publicity to electrical autos will drive development.

Southwest Airlines — Southwest shares retreated greater than 3% after Goldman Sachs downgraded the airline stock and minimize its worth goal, citing inflation considerations. Goldman’s name comes after Jefferies on Thursday morning additionally downgraded the airline due to rising costs. 

— CNBC’s Maggie Fitzgerald contributed reporting