Check out some of the biggest movers in midday trading. Lucid — The electric vehicle manufacturer's shares surged about 14%. Rockwell Automation announced a collaboration with Lucid, using its enterprise software product to support the car maker's growing manufacturing facility in Saudi Arabia. Rockwell shares were up 2% in midday trading. Halliburton — Shares of the oil services company advanced more than 4%. Fourth-quarter adjusted earnings came in at 69 cents a share, topping the LSEG consensus call for 55 cents per share. Halliburton's revenues also surpassed estimates. Chip stocks — Chip plays rebounded, lifting the VanEck Semiconductor ETF (SMH) more than 1% in midday trading after a selloff on Tuesday. Nvidia gained about 1%, as did Lam Research . Advanced Micro Devices and Micron Technology each climbed more than 5%. Teledyne Technologies — The industrial conglomerate jumped 8% and hit a 52-week high after its fourth-quarter financial results beat Wall Street's expectations. Teledyne Technologies reported adjusted earnings of $6.30 per share, versus the $5.83 a share anticipated from analysts polled by FactSet. Revenue was $1.61 billion, compared to the $1.57 billion consensus estimate. The company also gave solid full-year guidance and said it was repurchasing $400 million shares. Intel — The semiconductor company saw shares pop more than 8%, heading for a second straight winning day. Analysts on Wall Street have been warming up to Intel in the new year. KeyBanc said in a report on Tuesday, "We are looking for better 4Q25 results and slightly higher 1Q26 guidance," highlighting strong server CPU demand. Netflix — Shares of the streaming giant slid 4% and touched a new 52-week low after the company posted weak first-quarter guidance . Netflix sees first quarter earnings coming in at 76 cents and revenue of $12.157 billion. Analysts polled by FactSet were looking for 81 cents a share in earnings on revenue of $12.19 billion. The company's forecast for operating margin also missed expectations. United Airlines — The airline said it expects to generate record earnings in 2026 due to strong travel demand in recent weeks, leading shares to rise 2%. United Airlines called for adjusted earnings per share of between $12 and $14 this year, in line with the $13.16 per share anticipated by analysts. The company also forecast per-share earnings of $1 to $1.50, while analysts called for $1.13 per share. Progress Software — Shares of the business software company jumped 14%. Progress Software issued rosy guidance for the first quarter, calling for earnings of $1.56 to $1.62 per share on revenue of $244 million to $250 million. Analysts polled by FactSet called for $1.41 per share in earnings and $243.6 million in revenue. Kraft Heinz — The food and beverage manufacturer's shares slid 5% after Berkshire Hathaway registered its entire 27.5% ownership stake in the firm for a potential sale . Johnson & Johnson — Shares dipped about 1%, even as the pharmaceutical giant posted stronger-than-anticipated financial forecasts for 2026 , in addition to better-than-expected earnings results for the fourth quarter. The company predicted operational sales of $99.5 billion to $100.5 billion this year, exceeding an LSEG consensus of $98.9 billion. Johnson & Johnson also forecasted its full-year profit coming in at $11.43 to $11.63 per share in 2026, topping analysts' estimate of $11.45 per share. — CNBC's Pia Singh, Nick Wells and Michelle Fox contributed reporting.
