Stocks making the biggest moves midday: Palantir, Tesla, DoorDash, Ford and more

by | May 6, 2025 | Financial

Check out the companies making headlines in midday trading: Palantir — Shares tumbled 13.4%. Palantir posted $884 million in first-quarter revenue , while analysts polled by LSEG penciled in $863 million. However, earnings per share came in line with Wall Street expectations at 13 cents. Ford Motor — The automaker advanced 3.2% on better-than-expected first-quarter results, reversing an earlier decline. Ford reported adjusted earnings of 14 cents per share on $37.42 billion in revenue. Analysts surveyed by LSEG expected earnings of 2 cents per share and revenue of $36.21 billion. Management suspended its 2025 guidance , citing “near-term risks, especially the potential for industrywide supply chain disruption impacting production.” Upwork — Shares of the freelance marketplace platform popped 19% after the company reported a beat for both adjusted earnings and revenue for its first quarter. Upwork also lifted its full-year guidance for adjusted earnings. Tesla — The electric vehicle stock slipped 2% after data released on Tuesday showed that new car sales tumbled to a two-year low in the U.K. and Germany. Sales figures respectively plummeted 62% and 46% year over year for the two countries, although demand for electric vehicles still rose for both. Hims & Hers Health — Shares jumped 10.4% after the telehealth company reported a top- and bottom-line beat for the first quarter. Earnings came in at 20 cents pe …

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