Stocks making the biggest moves midday: Meta Platforms, ServiceNow, Teladoc, Credit Suisse & more

Check retired the companies making headlines successful midday trading Thursday.

Meta Platforms — The Facebook genitor slumped 22.4% after issuing anemic guidance for the existent quarter and missing net estimates for the 3rd quarter. Meta Platforms besides shared its 2nd consecutive quarterly revenue, with its Reality Labs portion losing much than $9 billion, and got deed by a slew of expert downgrades.

Caterpillar — Shares of the operation instrumentality shaper jumped 8.2% pursuing the company's quarterly net report, which included beats connected some the apical and bottommost lines. Earnings came successful astatine $3.95 per stock connected gross of $14.99 billion, compared to estimates of $3.16 per stock connected gross of $14.33 billion, according to Refinitiv.

McDonald's — The fast-food giant's shares got a 2.8% assistance aft the company beat net expectations for its astir caller quarter. Traffic is increasing successful U.S. restaurants, McDonald's reported, adjacent aft raising prices.

Align Technology — The Invisalign shaper saw its shares tumble 18% aft it posted disappointing net for the astir caller quarter. Align reported $1.36 per stock successful net connected gross of $890 million. Analysts expected $2.18 per stock connected gross of $953 million, according to Refinitiv.

Credit Suisse — Shares of the Swiss slope plummeted 19.5% aft Credit Suisse posted a greater-than-expected loss for the 3rd quarter. Credit Suisse besides shared a restructuring program to overhaul its struggling business.

Sleep Number — Shares dropped 20% aft Sleep Number issued a anemic fourth-quarter outlook, citing softer request and semiconductor proviso concatenation issues.

Energy stocks — A slew of vigor stocks roseate midday as lipid prices moved higher. Baker Hughes, Marathon Oil and Phillips 66 each gained much than 2$. Shell's banal gained 5.1% connected a beardown net report that showed the lipid giant's quarterly profits much than treble twelvemonth implicit year.

ServiceNow — The banal jumped 13% aft ServiceNow surpassed net expectations successful its astir caller quarter. Separately, MoffettNathanson upgraded ServiceNow to outperform from marketplace perform, saying the bundle banal could beryllium a "new home" for mega-cap tech investors aft its net results.

Comcast — The media giant's banal rose 4.8% aft topping analysts' net expectations for the 3rd quarter. Despite the topline beat, Comcast posted a flimsy gross miss and a continuation of slowing maturation successful its broadband lawsuit segment.

Teladoc Health – Shares of Teledoc Health jumped 7.8% aft the institution reported a narrower-than-expected nonaccomplishment for its most-recent quarter. The institution besides reported gross that bushed Wall Street's expectations during the quarter.

Wolfspeed – Shares of Wolfspeed fell much than 18.8% aft the semiconductor institution gave a overmuch weaker-than-expected guardant guidance. The institution forecast it volition suffer 12 cents per stock connected income of $225 cardinal successful the existent quarter, portion Wall Street expected a nonaccomplishment of 1 cent per stock connected $252.5 cardinal successful sales.

Southwest — The hose added 2.5% after beating analysts' expectations connected the apical and bottommost lines for the caller 4th and indicating that question request remains strong. Southwest said it expects continued craft delays from Boeing into 2024.

Merck — Shares gained 2% aft Merck topped Wall Street's expectations connected the apical and bottommost lines. The institution posted net per stock of $1.85 connected revenues of $14.96 billion.

Honeywell — Shares roseate 4% aft Honeywell surpassed analysts' expectations for the caller quarter. The concern institution cited maturation successful is commercialized aerospace and precocious materials segments among the reasons for the beardown period.

Shopify — The e-commerce institution surged much than 16% aft sharing a smaller-than-expected nonaccomplishment for the caller quarter.

AutoNation — AutoNation's banal popped 7% contempt an net miss. The automotive retailer topped gross expectations, according to analysts surveyed by Refinitiv. The institution besides approved a $1 cardinal buyback but said prices for utilized vehicles are falling.

Boeing — Boeing shares surged much than 4% aft Goldman Sachs lowered its terms people connected the craft manufacturer, but reiterated its content successful the company's business. The caller terms people suggests shares could rally much than 80% from Wednesday's close.

O'Reilly Automotive — O'Reilly Automotive shares gained 3.9% aft the institution posted third-quarter results that topped analysts' expectations connected the apical and bottommost lines. The institution besides raised its full-year guidance.

Stanley Black & Decker — The powerfulness instrumentality maker's banal dipped 2.6% aft the institution chopped its full-year net per stock forecast, overshadowing better-than-expected third-quarter net and revenue.

Keurig Dr Pepper — The beverage shaper institution mislaid 2.1% aft missing Wall Street's gross estimates for the 3rd quarter.

— CNBC's Carmen Reinicke, Sarah Min and Tanaya Macheel contributed reporting

Disclosure: Comcast is the genitor institution of NBCUniversal, which owns CNBC.