Stocks making the biggest moves midday: DUOL, JBLU, TSLA, DHI

Companies like Duolingo, Taiwan Semiconductor Manufacturing, JetBlue Airways, Bitcoin miners, Estee Lauder, Meta Platforms, Tesla, Barnes Group, Alaska Air Group, Blackstone, BJ’s Wholesale Club, D.R. Horton, eBay, Elevance Health, Zoom Video Communications, and Trump Media & Technology Group have been making headlines in midday trading. Duolingo saw a 7.5% increase after JPMorgan reiterated its overweight rating on the stock. Taiwan Semiconductor Manufacturing experienced a 3.6% drop after an earthquake in Taiwan impacted production. JetBlue Airways surged 6.6% following an upgrade from JPMorgan. Various bitcoin mining companies showed positive gains ahead of the halving event. Estee Lauder received a short-term buy rating from Deutsche Bank, resulting in a 4.7% increase in shares. Meta Platforms advanced 3% after forming a partnership with Google. However, Tesla declined by 2% after a downgrade from Deutsche Bank. Barnes Group, Alaska Air Group, and eBay also saw fluctuations in their stock prices. Elevance Health, Zoom Video Communications, and Trump Media & Technology Group experienced positive gains as well.

Several companies were making headlines in midday trading, with Duolingo experiencing a 7.5% increase after JPMorgan reiterated its overweight rating on the stock. Taiwan Semiconductor Manufacturing saw its U.S.-traded shares drop 3.6% after an earthquake in Taiwan caused some production setbacks. JetBlue Airways surged 6.6% after being upgraded by JPMorgan, while bitcoin mining companies rallied ahead of the “halving.” Estee Lauder received a short-term buy rating from Deutsche Bank, leading to a 4.7% increase in its shares. Meta Platforms advanced 3% after partnering with Google, while Tesla slid 2% after a downgrade from Deutsche Bank. Barnes Group jumped 9.3% after an upgrade by DA Davidson, and Alaska Air Group saw a 5.8% increase on better-than-expected first-quarter results. Blackstone’s shares slipped 2.5% after lowering its dividend, while BJ’s Wholesale Club dropped 4.4% on a downgrade from Loop Capital. D.R. Horton added 2.3% after exceeding expectations, and eBay rose 2% following a double upgrade at Morgan Stanley. Elevance Health gained 3.8% after posting an earnings beat, and Zoom Video Communications rose 2.1% after an upgrade from Rosenblatt Securities. Trump Media & Technology Group also climbed more than 14% after announcing plans to launch a TV streaming arm of Truth Social.

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