Stock Groups

Microsoft, Visa, Enphase Energy, Boeing and more

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Microsoft Corporation headquarters in Issy – les-Moulineaux (near Paris, France), April 18, 2016.

Charles Platiau | Reuters

These are the headline-grabbing companies in midday trading.

Enphase Energy — Shares jumped more than 8% after Enphase topped earnings expectationsThe bottom line and the top. Record revenues were reported by the energy company. It said that it is focusing on Europe to grow during the conflict in Ukraine.

Visa — Shares of the credit card company jumped over 7% following a stronger-than-expected quarterly report. Visa reported adjusted earnings per share$1.79 for revenues exceeding $7.19 Billion According to Refinitiv, analysts expected $6.83 billion revenue and $1.65 adjusted earnings per shares. Refinitiv reported that the company celebrated a continuing recovery in travel spending, and stated there is no evidence of an impact on global payments volumes due to inflation or supply chain disruptions.

Mastercard — Shares for Mastercard jumped nearly 6% on the back of competitor Visa’s strong earnings report. It is expected that the payments firm will announce its fourth quarter earnings Thursday.

Microsoft — Microsoft’s stock price surged 6.5% after the company reported an earnings beatThe company’s most recent quarter. Analysts surveyed by StreetAccount also found that the company’s guidance on revenue for all three Microsoft business segments was higher than expected.

CME Group — Shares popped over 6% after CME Group surpassed expectations on the top and bottom lines in its most recent quarter. CME Group also reiterated its guidance for 2022.

F5 Inc — The app security company’s share price tumbled more than 12% despite the firm reporting earnings that topped analysts’ expectations. Company reduced its revenue guidance for 2022 fiscal year.

Boeing — Shares of the aircraft maker lost more than 8% after the company reported first-quarter sales and revenueAnalysts had not anticipated this. Boeing said that production is being halted on the 777X and deliveries might not begin until 2025.

Capital One Financial — Capital One’s stock price jumped about 6% after the company exceeded Wall Street’s expectations on the top and bottom lines. Pre-tax, the company saw $192 million in gains from partnership cards portfolios. It also reported lower than expected net interest margins.

Robinhood — Shares of the brokerage firm dropped 5% a day after the company announcedThe company announced it would be reducing its workforce by approximately 9 percent. Robinhood will release its first quarter earnings report on Thursday afternoon. This announcement was made shortly before the Robinhood quarterly earnings report.

Juniper Networks — Shares declined more than 4% after Juniper Networks reported earnings that were a little lower than estimates. According to Juniper Networks, the maker of routers and switches for markets, there are ongoing supply chain issues.

Edwards Lifesciences — Edwards Lifesciences’ stock price tumbled more than 4% in midday trading. The revenue estimates for Edwards Lifesciences’ most recent quarter were higher than expected, however the company provided weak guidance on revenue.

— CNBC’s Yun Li, Tanaya Macheel and Jesse Pound contributed reporting.

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