Check out the companies making the biggest moves midday: Oracle — The stock surged 39% after Oracle reported that multicloud database revenue from Amazon, Google and Microsoft grew at the rate of 1,529% in its last quarter. That helped investors look past fiscal first-quarter earnings and revenue from the company that came in weaker than expectations. Chewy — The pets products online retailer fell 16% after it reporter a steep year-over-year drop in earnings. The company earnings 14 cents per share on a GAAP basis, well below the 68 cents per share from the year prior. Second-quarter adjusted EBITDA of $183.3 million did exceed a FactSet estimate of $182.1 million. Broadcom — The chipmaker jumped more than 9% as traders bet Oracle’s blockbuster guidance signals strong growth ahead for Broadcom. Joby Aviation — Shares rose 1% after Uber said it will launch Blade helicopter rides in 2026 thanks to an expanded partnership with Joby. Trade Desk — The advertising technology stock fell 8.8% on the back of Morgan Stanley’s downgrade to equal weight from overweight. Morgan Stanley said concerns around execution and competition weigh on the forward outlook. GameStop — The meme stock climbed more than 5% after GameStop reported second-quarter earnings came in at 25 cents per share, excluding items, on revenue of $972.2 million. Its bitcoin holdings wer …
