Here are the companies making headlines in midday trading. Travel stocks — Shares of airlines and cruise operators rose as oil prices retreated on Wednesday. Brent crude was last down nearly 4%, while West Texas Intermediate crude lost just over 4%. Shares of United Airlines gained 7%, while shares of Delta Air Lines advanced 4%. Carnival 's stock jumped 4%, and Norwegian Cruise Line 's added 5%. Dycom Industries — Shares popped about 30% after the telecom infrastructure company lifted its full-year outlook. The company sees contract revenue ranging from $7.38 billion and $7.65 billion. The current quarter adjusted earnings forecast is also ahead of the Street's estimates. Dycom also announced the acquisition of National Technology Integrators, adding to its capabilities in the data center industry. Marvell Technology — Shares of the semiconductor company slumped more than 3% ahead of Marvell's quarterly report due after the market close. Analysts polled by FactSet expect earnings of 79 cents on revenue of $2.4 billion in the first quarter. Shares have more than doubled year to date. Zscaler — Shares tumbled more than 30% after the cloud security company guided for current-quarter revenue of between $875 million to $878 million, falling short of the $879 million analysts were seeking, per LSEG. However, the company's fiscal third-quarter adjusted earnings of $1.08 per share beat forecasts of $1.01 per share, while its $850 million revenue also exceeded the $835 million consensus estimate. Palo Alto Networks , CrowdStrike — The two cybersecurity stocks tumbled as Zscaler's earnings brought down some of its peers with it. Shares of Palo Alto were off 2.8%, while shares of CrowdStrike were down more than 3%. Bath & Body Works — Shares rose 12% after the company reported current quarter guidance that was largely better than expected. The retailer forecasted earnings per share of 20 cents to 25 cents in its second quarter, compared to expectations for 21 cents, according to analysts polled by FactSet. First-quarter adjusted earnings and revenue also slightly beat estimates. Micron Technology — The chipmaker's rally continued pushing higher on Wednesday after the company crossed $1 trillion in market cap on Tuesday, joining the exclusive club. Shares were last up about 2%. Insulet — Shares dropped about 7% after the medical device company announced a voluntary medical device correction for specific lots of several of its insulin-delivery systems, or pods. The correction was due to a manufacturing issue that could result in insulin underdelivery to patients. Dick's Sporting Goods — Shares fell 5% after the retailer reaffirmed lighter full-year guidance for earnings of $13.50 to $14.50 per share. Analysts polled by FactSet expected full-year earnings of $14.30 per share. First-quarter earnings also missed slightly, coming in at $2.90 per share on an adjusted basis, compared to estimates for $2.92 per share, according to analysts polled by LSEG. Box — The cloud-based content management provider's stock slipped about 4% after the company guided for full-year adjusted earnings of $1.56 per share, while analysts polled by LSEG were expecting $1.63. However, Box did report first-quarter adjusted earnings of 37 cents per share on revenue of $306 million, beating the 36 cents and $304 million analysts were seeking. MGM — Shares were up 10% after an upgrade by JPMorgan to overweight from neutral. The bank explained that U.S. leisure travelers are resilient despite macroeconomic headwinds, and that is brightening forecasts for Las Vegas Strip growth. Abercrombie & Fitch — Shares were up more than 12% after the company reported adjusted earnings of $1.47 per share for the first quarter. Analysts polled by FactSet expected earnings of $1.28 per share. However, revenue just missed estimates, and current quarter guidance was weaker than expected. Verra Mobility — Shares of the smart transportation company tanked more than 70%. Verra said Avis Budget Group terminated a contract between the two firms, effective September. Verra said that it expects 2026 annualized revenue for its commercial services unit to take a $135 million to $145 million hit as a result. — CNBC's Lisa Kailai Han, Nick Wells and Darla Mercado contributed reporting. Markets shift and headlines fade, but the core principles of building long-term wealth remain constant. Join us for our third CNBC Pro LIVE, where investors of all backgrounds — from financial professionals to everyday individuals — come together to cut through the noise and gain actionable strategies for smarter, more disciplined investing. No matter where you're starting from, you'll leave with clearer thinking, stronger strategies. Enter your email here to get a discount code.
