Stocks making the biggest moves midday: Apple, Instacart, Nvidia, Block and more

by | May 2, 2025 | Financial

Check out the companies making headlines in midday trading: Duolingo — Shares soared more than 18% after the language learning app guided toward a better-than-expected revenue forecast. Duolingo estimates second-quarter revenue will come in between $239 million and $242 million, while analysts polled by LSEG expected $234 million. Full-year revenue is expected to come in a range between $987 million and $996 million, higher than the consensus call of $977 million. Apple — Shares shed 4% after the iPhone maker reported fiscal second-quarter services revenue of $26.65 billion, while analysts had expected $26.70 billion, according to StreetAccount. This number still represented an annual increase of 11.65%. However, Apple’s earnings and revenue for the quarter beat analysts’ estimates. Amazon — The e-commerce stock dipped just 0.4% on the back of its first-quarter earnings print . Amazon posted better-than-expected earnings and revenue for the quarter, but gave soft guidance for the current period. Amazon is forecasting operating income to land between $13 billion and $17.5 billion, which fell short of the $17.64 billion consensus call, per StreetAccount. The company also said tariff and trade policies could affect its guidance. Nvidia — The semiconductor giant advanced 2%. The Information reported the company is tailoring chips for sale in China after the U.S. export ban. Take-Two Interactive Software — Shares of the video game manuf …

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