Stocks making the biggest moves midday: Amazon, Apple, Block, Tupperware and more

Check retired the companies making headlines successful midday trading.

Amazon — The e-commerce elephantine surged 10% aft delivering a monolithic nett beat and affirmative guidance. Amazon's unreality and advertisement businesses besides reported better-than-expected gross for the quarter.

Apple — The large tech banal slipped 3%. Apple reported earnings per stock for the fiscal 3rd 4th of $1.26, 7 cents much than expected by analysts polled by Refinitiv. Revenue was besides supra Wall Street statement forecast higher than anticipated but was down connected a year-over-year basis.

Tupperware Brands — The banal popped 44.1% during midday trading aft the instrumentality maker announced a finalized indebtedness restructuring deal, which it expects volition assistance trim oregon reallocate astir $150 cardinal of currency involvement and fees. Tupperware said Thursday that the woody would springiness the institution contiguous entree to a revolving borrowing capableness of astir $21 million.

Bookings Holdings — Shares of the online question institution jumped 9% and deed a caller 52-week aft it announced its quarterly results Thursday aft hours. The institution posted adjusted net of $37.62 per stock connected gross of $5.46 cardinal successful the 2nd quarter. Analysts polled by Refinitiv estimated net of $28.90 per stock connected gross of $5.17 billion.

Icahn Enterprises — Shares of Carl Icahn's conglomerate dropped a whopping 25% aft the steadfast slashed its quarterly dividend successful half amid Hindenburg Research's campaign. The abbreviated seller had taken contented with IEP's precocious dividend yield, saying it's "unsupported" by the company's currency travel and concern performance.

Block — The fintech company's shares plunged 13% contempt a beardown quarterly report. Square reported net of 39 cents per share, versus the 36 cents estimation per Refinitiv. Revenue of $5.53 cardinal besides came successful higher than the anticipation of $5.10 billion. Block Chairman Jack Dorsey said the institution is focused connected reducing costs, including pulling backmost connected the gait of hiring.

Nikola — Shares of the electrical motortruck shaper slid 12% aft the company said Friday that its CEO volition measurement down effectual instantly owed to a "family wellness matter." Nikola besides reported second-quarter results that fell abbreviated of Refinitiv statement estimates, with its nett nonaccomplishment coming retired to $217.8 million, oregon 31 cents per share, for the quarter. Late Thursday, the institution had announced it won shareholder support to contented caller stock. The ballot volition let Nikola to rise further funds to enactment the motorboat of a fuel-cell-powered electrical semi motortruck and buildout of a hydrogen refueling web successful the U.S. and Canada.

Fortinet — Shares of the cybersecurity banal plummeted 23% pursuing a mixed second-quarter study and outlook. Fortinet posted 38 cents successful adjusted net per share, portion analysts polled by Refinitiv expected 34 cents per share. The institution besides reported $1.29 cardinal successful revenue, somewhat nether the statement forecast connected $1.3 billion. Guidance for the existent 4th was likewise mixed.

Opendoor Technologies — The real-estate tech banal tumbled 19% aft telling investors to expect gross to travel successful little than analysts expect successful the existent quarter. Opendoor said to expect betwixt $950 cardinal and $1 billion, portion analysts surveyed by FactSet estimated $1.36 billion.

DraftKings — The sports-betting banal climbed 4% connected a beardown quarterly report. DraftKings reported a nonaccomplishment of 17 cents per share, little than the 25 cents forecasted by analysts surveyed by Refinitiv. Revenue came successful astatine $875 million, amended than the $764 cardinal anticipated.

Airbnb — Shares dropped 1.3% pursuing the company's second-quarter earnings announcement. Although Airbnb's net and gross came supra expert estimates, its nights and experiences bookings missed expectations.

Dropbox — The online collaboration level added 6.8% aft beating Wall Street expectations successful the 2nd quarter. Dropbox posted 51 cents successful adjusted net per share, portion analysts surveyed by Refinitiv anticipated 46 cents. Revenue came successful astatine $623 million, beating the $614 cardinal estimate.

Redfin — The existent property tech banal dropped 20.2% connected brushed third-quarter gross guidance. The institution forecast third-quarter gross betwixt $265 cardinal and $279 million, little than the $288 cardinal expected by analysts polled by Refinitiv.

Corsair Gaming — Shares fell 8.6% adjacent though the gaming institution had a beardown 4th and reaffirmed full-year guidance. Earnings per stock came successful enactment with the FactSet statement estimation astatine 9 cents. Corsair bushed expectations for revenue, posting $325.4 cardinal portion analysts forecasted $322.8 million.

Coinbase — The crypto speech slid 1.2% contempt posting a beardown second-quarter 2nd report. The institution said it mislaid 42 cents per stock and saw $708 cardinal successful gross successful the quarter, portion analysts surveyed by Refinitiv expected 77 cents mislaid per stock and gross astatine $633 million.

Sprout Social — The integer media banal slid 10.8% connected Friday, a time aft Sprout announced its acquisition of Tagger Media, a societal quality and influencer selling platform.

Intercontinental Exchange — The speech institution roseate 3.8% aft Citi upgraded the banal to bargain from neutral. The steadfast said the institution is showing signs of improvement.

Shake Shack — Shares added 5% successful midday trading. The institution reported adjusted net per stock of 18 cents connected Thursday, topping the 10 cents expected from analysts polled by StreetAccount. However, gross missed estimates. Raymond James upgraded the banal to outperform from marketplace execute connected Friday, citing the second-quarter results.

Petrobras — The Brazilian lipid banal retreated 2.2% pursuing a downgrade to neutral from overweight by JPMorgan. The steadfast said galore positives for the banal are already reflected successful its price.

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