Microsoft, Visa, Enphase Power, Boeing and extra

Try the businesses making headlines in noon buying and selling.

Enphase Energy — Shares jumped greater than 8% after Enphase topped earnings expectations on the highest and backside traces. The vitality firm reported file revenues, and stated it is setting its sights on Europe as a development space throughout the ongoing conflict in Ukraine.

Visa — Shares of the bank card firm jumped over 7% following a stronger-than-expected quarterly report. Visa reported adjusted earnings per share of $1.79 on revenues of $7.19 billion. Analysts anticipated $1.65 adjusted earnings per share and $6.83 billion in income, in keeping with Refinitiv. The corporate cheered a continued restoration in journey spending and stated there is not any evident affect on its international funds volumes from inflation and provide chain disruptions.

Mastercard — Shares for Mastercard jumped almost 6% on the again of competitor Visa’s sturdy earnings report. The funds firm is predicted to reveal its personal quarterly earnings on Thursday.

Microsoft — Microsoft’s inventory worth surged 6.5% after the corporate reported an earnings beat in its most up-to-date quarter. The corporate’s income steering for every of Microsoft’s three enterprise segments additionally exceeded the expectations of analysts surveyed by FactSet’s StreetAccount.

CME Group — Shares popped over 6% after CME Group surpassed expectations on the highest and backside traces in its most up-to-date quarter. The corporate additionally reaffirmed steering for the 2022 fiscal 12 months.

F5 Inc — The app safety firm’s share worth tumbled greater than 12% regardless of the agency reporting earnings that topped analysts’ expectations. The corporate minimize income steering for its 2022 fiscal 12 months.

Boeing — Shares of the plane maker misplaced greater than 8% after the corporate reported first-quarter sales and revenue that missed analysts’ estimates. Boeing additionally stated it is pausing manufacturing of its 777X airplane, and that deliveries might not begin till 2025.

Capital One Financial — Capital One’s inventory worth jumped about 6% after the corporate exceeded Wall Road’s expectations on the highest and backside traces. The corporate reported a pre-tax affect of $192 million from features on partnership card portfolios, in addition to weaker than anticipated internet curiosity margins.

Robinhood — Shares of the brokerage agency dropped 5% a day after the corporate announced that it was lowering the variety of its full-time workers by about 9%. The announcement comes shortly forward of Robinhood’s first-quarter earnings report, which is due out on Thursday afternoon.

Juniper Networks — Shares declined greater than 4% after Juniper Networks reported earnings that had been just a little decrease than estimates. The maker of markets networking merchandise, akin to routers and switches, cited ongoing provide chain challenges.

Edwards Lifesciences — Edwards Lifesciences’ inventory worth tumbled greater than 4% in noon buying and selling. The medical gear maker beat income expectations for its most up-to-date quarter, however the firm issued weak income steering.

— CNBC’s Yun Li, Tanaya Macheel and Jesse Pound contributed reporting.