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Z, MSFT, Meta, FIS, FSLY

Microsoft signage is seen at its headquarters in Redmond, Washington on January 18, 2023.

Matt Mills McKnight | Reuters

Check out the companies making the biggest moves at noon.

Giraud Group — Stocks rose nearly 4% after Evercore ISI upgraded stocks to outperform from the line, prompting investors to “quick recoveryThe company also raised its target price to $61 from $34, suggesting a roughly 44% increase from Friday’s close.

microsoft — Tech stocks rose more than 3% on Monday, pushing market caps past $2 trillion again after Morgan Stanley. Repeated assessment of overweight for inventory. Last week, Microsoft announced a new AI-powered Bing search browser.

Twilio — The cloud communications software marker has since increased by 2.8%. Announces plans to cut 17% of its workforce, or about 1,500 jobs. Twilio has already cut his 11% of its workforce in September.

ralph lauren — The apparel giant’s share price has since risen by almost 4%. Bank of America upgraded and bought stock from neutral. The company also raised its target price, saying the brand is trying to differentiate itself from its peers during this difficult time. The move follows Thursday’s strong earnings report, which posted better-than-expected sales in the third quarter, Refinitiv said.

meta — Shares of Facebook’s parent company surged nearly 3% after the Financial Times reported that it was planning another layoff.Meta already allows more than 11,000 employees reported to work in Novemberr was done as part of an effort to be leaner and more efficient.

Fidelity National Information Service — Shares fell 13% after the company issued weak guidance in the first quarter, but earnings and earnings in the fourth quarter slightly outperformed, according to FactSet. Fidelity also said the merchant will spin off his solutions business.

alliance bernstein — Financial stocks were up 2%. Upgrade from Neutral to Outperform by Credit Suisse. The company said AllianceBernstein’s share price is more attractive, especially following the company’s better-than-expected fourth quarter and future guidance.

XPOs — Shares of the shipping company rose more than 3% on Monday as XPO’s share rebounded slightly from the previous week’s heavy losses. Shares fell late last week after the XPO released its fourth quarter results. Morgan Stanley became the latest Wall Street firm to downgrade the XPO on Monday. Inventory may be in the “penalty box” After that latest report.

Henry Shine — This healthcare product and service provider, a provider of healthcare products and services, Share buybacks of up to $400 million of its common stock.

Fastly — The stock has since surged 27% Bank of America doubled its stock Buy from Underperform. Analyst Tal Liani said in a note that Fastly could be profitable by next year, thanks to core technology and a new management team.

under five — The discount retailer’s share price rose 2.9% after Roth MKM upgraded. buy from holdwe see attractive growth ahead.

Tesla — Electric car makers fell 1%. late last week, Reuters reported To qualify for U.S. subsidies, Tesla must open up its Supercharging network to competitors.

Illumina — Shares surged 6%, recouping losses from last week’s disappointing earnings report. Illumina also recently said that Goldman SachsLikely to produce maximum alpha.”

— CNBC’s Alex Harring, Hakyung Kim, Jesse Pound, Pia Singh and Michael Bloom contributed to the report.

https://www.cnbc.com/2023/02/13/stocks-moving-big-midday-z-msft-meta-fis-fsly.html Z, MSFT, Meta, FIS, FSLY

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