Try the businesses making headlines in noon buying and selling.

Amazon — The e-commerce big surged 8.3% after delivering an enormous revenue beat and constructive steerage. Amazon’s cloud and advert companies additionally reported better-than-expected income for the quarter.

Apple — The large tech inventory slipped 4.8%. Apple reported earnings per share for the fiscal third quarter of $1.26, 7 cents greater than anticipated by analysts polled by Refinitiv. Income was additionally above Wall Road’s forecast however was down on a year-over-year foundation.

Tupperware Manufacturers — The inventory popped 35.5% throughout noon buying and selling after the container maker introduced a finalized debt restructuring deal, which it expects will assist cut back or reallocate about $150 million of money curiosity and charges. Tupperware stated Thursday that the deal would give the corporate rapid entry to a revolving borrowing capability of about $21 million.

Reserving Holdings — Shares of the web journey firm jumped 7.9% and hit a brand new 52-week excessive after it introduced its quarterly outcomes Thursday after hours. The corporate posted adjusted earnings of $37.62 per share on income of $5.46 billion within the second quarter. Analysts polled by Refinitiv estimated earnings of $28.90 per share on income of $5.17 billion.

Icahn Enterprises — Shares of Carl Icahn’s conglomerate dropped a whopping 23.2% after the agency slashed its quarterly dividend in half amid Hindenburg Analysis’s marketing campaign. The brief vendor had taken situation with IEP’s excessive dividend yield, saying it is “unsupported” by the corporate’s money circulate and funding efficiency.

Block — The fintech firm’s shares plunged 13.6% regardless of a robust quarterly report. Sq. reported earnings of 39 cents per share, versus the 36 cents estimate per Refinitiv. Income of $5.53 billion additionally got here in increased than the expectation of $5.10 billion. Block Chairman Jack Dorsey stated the corporate is concentrated on decreasing prices, together with pulling again on the tempo of hiring.

Nikola — Shares of the electrical truck maker slid 26.4% after the corporate stated Friday that its CEO will step down efficient instantly because of a “household well being matter.” Nikola additionally reported second-quarter outcomes that fell wanting Refinitiv consensus estimates, with its internet loss coming to $217.8 million, or 31 cents per share, for the quarter. Late Thursday, the corporate had introduced it received shareholder approval to situation new inventory. The vote will permit Nikola to boost extra funds to assist the launch of a fuel-cell-powered electrical semitruck and the buildout of a hydrogen refueling community within the U.S. and Canada.

Fortinet — Shares of the cybersecurity inventory plummeted 25.1% following a combined second-quarter report and outlook. Fortinet posted 38 cents in adjusted earnings per share, whereas analysts polled by Refinitiv anticipated 34 cents per share. The corporate additionally reported $1.29 billion in income, slightly below the consensus forecast of $1.3 billion. Steering for the present quarter was equally combined.

Opendoor Applied sciences — The actual-estate tech inventory tumbled 26.3% after telling buyers to count on income to come back in decrease than analysts count on within the present quarter. Opendoor stated to count on between $950 million and $1 billion, whereas analysts surveyed by FactSet estimated $1.36 billion.

DraftKings — The sports-betting inventory climbed 5.8% on a robust quarterly report. DraftKings reported a lack of 17 cents per share, lower than the 25 cents forecast by analysts surveyed by Refinitiv. Income got here in at $875 million, higher than the $764 million anticipated.

Airbnb — Shares shed 0.5% following the corporate’s second-quarter earnings announcement. Though Airbnb’s earnings and income got here above analysts’ estimates, its nights and experiences bookings missed expectations.

Dropbox — The net collaboration platform added 5.9% after beating Wall Road expectations within the second quarter. Dropbox posted 51 cents in adjusted earnings per share, whereas analysts surveyed by Refinitiv anticipated 46 cents. Income got here in at $623 million, beating the $614 million estimate.

Redfin — The actual property tech inventory dropped 24.4% on gentle third-quarter income steerage. The corporate forecast third-quarter income between $265 million and $279 million, decrease than the $288 million anticipated by analysts polled by Refinitiv.

Corsair Gaming — Shares fell 9.8% despite the fact that the gaming firm had a robust quarter and reaffirmed full-year steerage. Earnings per share got here according to the FactSet consensus estimate at 9 cents. Corsair beat expectations for income, posting $325.4 million whereas analysts forecast $322.8 million.

Coinbase — The crypto alternate slid 3.8% regardless of posting a robust second-quarter report. The corporate stated it misplaced 42 cents per share and noticed $708 million in income for the quarter, whereas analysts surveyed by Refinitiv anticipated 77 cents misplaced per share and income at $633 million.

Sprout Social — The digital media inventory slid 12.3% Friday, a day after Sprout introduced its acquisition of Tagger Media, a social intelligence and influencer advertising platform.

Intercontinental Alternate — The alternate firm rose 1.7% after Citi upgraded the inventory to purchase from impartial. The agency stated the corporate is exhibiting indicators of enchancment.

Shake Shack — Shares added 5.6% in noon buying and selling. The corporate reported adjusted earnings per share of 18 cents Thursday, topping the ten cents anticipated from analysts polled by StreetAccount. Nevertheless, income missed estimates. Raymond James upgraded the inventory to outperform from market carry out Friday, citing the second-quarter outcomes.

Petrobras — The Brazilian oil inventory retreated 3.5% following a downgrade to impartial from obese by JPMorgan. The agency stated many positives for the inventory are already mirrored in its value.

— CNBC’s Samantha Subin, Hakyung Kim, Pia Singh, Michelle Fox and Yun Li contributed reporting.