Check out the companies making headlines in the midday trading: Autodesk – The design software maker’s stocks are up almost 4% after saying that the value of bold is preparing a proxy fight, and intends to nominate a minority slate of director candidates ahead of the company’s upcoming annual meeting. MicroStrategy – Companies currently on strategy have risen 5.2%. A day ago, he said he was issuing more securities to fund cryptocurrency purchases. The company is Bitcoin’s largest corporate holder. Boeing – The aerospace giant saw its stocks 6.3% pop after Chief Financial Officer Brian West gave up a bright commentary at an investor meeting. West also dismissed concerns about Trump’s tariffs, but said the impact will depend on how long the uncertainty lasts. GILEAD SCIENCES – Biopharmaceutical Company’s shares fell 2.9% after the Wall Street Journal reported that the Health and Human Services Department was considering a plan to cut federal funding for HIV prevention in the country. Gilead sells HIV and AIDS medications. Health-Quity – Health-centric financial technology company defends 18% after quarter revenue that missed expectations. HealthEquity scored 69 cents per share on a non-GAAP basis, while Analyst voted by Factset and expected 72 cents per share. Williams Sonoma – The home’s furniture inventory slipped 6.3% after the company said its net revenue could drop next year. Williams Sonoma induced a change in net revenue from -1.5% to -1.5% in the new fiscal year. The company also disclosed accounting adjustments related to overvaluation of freight costs over the past few years. NVIDIA – Chipmaker’s shares rose 1.8% following a loss of more than 3% on Tuesday after NVIDIA CEO Jensen Huang downplayed the impact of President Donald Trump’s tariff plans and said in the short term “the impact of tariffs is meaningless.” General Mills – Processed food stocks have flowed more than 2% after General Mills reported third-quarter revenue of $4.84 billion. The company pointed out softer demand and stock headwinds as reasons for the mistake. General Mills also led to a decline in organic net sales between 1.5% and 2% over the year, but previously estimated sales would be flat or 1% higher. Tesla – The electric car maker’s shares rose 4.2% after Tesla received approval from the California Public Utilities Commission for passenger transport permits. According to a Bloomberg report, Tesla has applied for permission to provide riding services. On top of that, Cantor Fitzgerald upgraded his stock to overweight. Intel – Stock prices fell by more than 5%, and on the day it performed worst on the S&P 500. Still, stocks have remained higher than 18% over the past year. – CNBC’s Alex Hurling, Jesse Pound, Yun Lee, Lisa Han and Michelle Fox reported.
Noon stock making the biggest move: BA, NVDA, ADSK, GILD
