US Top News and Analysis | Stocks making the biggest moves midday: Texas Instruments, United Rentals, Wex, Penn Entertainment & more

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Midday market action saw Texas Instruments soar 19% after it lifted its current‑quarter earnings outlook to $1.77‑$2.05 per share and raised revenue guidance to $5‑$5.4 billion, while United Rentals jumped more than 23% on a full‑year sales forecast boost to $16.9‑$17.4 billion. American Airlines climbed over 4% despite cutting its full‑year earnings outlook, and Penn Entertainment rallied 15% after a beat on its quarterly results, whereas Wex tumbled 17% following a push for shareholders to vote only for its own board nominees. Honeywell slipped 2.6% on mixed Q1 results and weak Q2 guidance; Lululemon fell 11% after naming Heidi O’Neill as CEO; and Nokia rose 11% on a modest earnings beat and strong operating profit. Mobileye gained 5% on better‑than‑expected Q1 earnings and revenue, while IBM dropped 9% after missing its full‑year guidance despite an earnings beat. Tesla fell more than 3% after Elon Musk warned of higher capital spending, even though its adjusted earnings beat expectations; CSX rose 7% on an earnings beat; Southwest Airlines slipped 2.5% after missing forecasts; ServiceNow’s shares plunged 18% despite a beat, weighed by concerns over its Armis acquisition; and Molina Healthcare rose 10.3% after reaffirming its 2026 outlook and beating earnings estimates.

Read more: https://www.cnbc.com/2026/04/23/stocks-making-the-biggest-moves-midday-txn-uri-wex-penn.html

#TexasInstruments #UnitedRentals #Wex #PennEntertainment #AmericanAirlines #Honeywell #Lululemon #Nokia #ElonMusk #ServiceNow # #HeidiO'Neill

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US Top News and Analysis | Stocks making the biggest moves premarket: Honeywell, Nokia, Netflix, IBM, Tesla & more

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In pre‑market trading on April 23, 2026, a range of stocks saw notable moves: Netflix rose just over 1 % after announcing an additional $25 billion share buyback; Helix Energy Solutions jumped more than 3 % following its all‑stock merger with Hornbeck Offshore Services, which will trade under the ticker HOS; Honeywell fell 5.6 % on mixed Q1 results and weaker Q2 guidance; Lululemon dropped over 4 % after appointing Heidi O’Neill as its new CEO; Nokia surged 11 % on a slight earnings beat and higher‑end full‑year guidance; Mobileye Global rallied 11 % after beating both earnings and revenue expectations; Avis Budget Group slipped more than 5 % amid a steep weekly decline; IBM slipped 7 % despite an earnings beat because it did not raise its full‑year outlook; Tesla fell over 2 % after CEO Elon Musk warned of substantially higher capital spending even though Q1 earnings topped forecasts but revenue missed estimates; CSX rose 4 % after beating EPS expectations though revenue was marginally below forecasts; Texas Instruments leapt 11 % on a strong Q2 earnings outlook and upbeat revenue guidance; Southwest Airlines fell 2.5 % after missing earnings and revenue estimates; ServiceNow’s shares tumbled more than 13 % despite beating expectations, as the integration of Armis weighed on its outlook; Molina Healthcare rose 2.9 % after reaffirming its 2026 forecast and beating earnings; United Rentals jumped over 13 % after raising its full‑year sales forecast; and Knight‑Swift Transportation dropped 4 % after posting revenue below expectations.

Read more: https://www.cnbc.com/2026/04/23/stocks-making-the-biggest-moves-premarket-hon-nok-nflx-ibm-tsla.html

#Honeywell #Nokia #Netflix #Tesla #ElonMusk #HeidiO'Neill

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US Top News and Analysis | Lululemon names former Nike exec Heidi O'Neill as new CEO

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Lululemon announced that former Nike executive Heidi O’Neill will become the company’s chief executive officer on September 8, stepping in as the athleisure brand wrestles with weak sales, heightened competition and an activist‑driven proxy battle. O’Neill, who has also held senior roles at Levi Strauss, Hyatt Hotels and Spotify, was praised by the board for her consumer‑focused brand strategy and her ability to envision and operationalize a new future for a company. She will start with a base salary of $1.4 million and has said she will build on Lululemon’s core foundation while unlocking growth in global markets. The appointment comes as Lululemon confronts rising tariff costs—estimated at $380 million for the year—and pressure from founder Chip Wilson, who has been urging changes to the board. Industry observers note O’Neill’s deep experience in active‑wear and her role in Nike’s earlier direct‑to‑consumer initiatives, suggesting she may bring the cultural and strategic shift the company needs to improve performance.

Read more: https://www.cnbc.com/2026/04/22/lululemon-names-former-nike-exec-heidi-oneill-as-new-ceo.html

#Lululemon #Nike #HeidiO'Neill #LeviStrauss #ChipWilson #HeidiO'Neill

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