Check out the companies making the biggest moves midday: Calix — The AI and cloud platform’s stock tumbled 16% after the company warned of margin headwinds for the year, overshadowing better-than-expected results for the first quarter. TE Connectivity — Shares of the electrical components maker shed 12% after the company’s third-quarter guidance underwhelmed investors. TE sees earnings per share, adjusted, of $2.83 and revenue of $5 billion. Both figures are about in line with FactSet consensus figures. Sonoco Products — The maker of steel and aerosol cans dropped more than 15% after the company said it was targeting the low end of its full-year earnings guidance. Q1 earnings and revenue were also below expectations. Axe Compute — Shares skyrocketed more than 90% after Axe Compute secured a $260 million contract to develop Nvidia graphics processing units. AST SpaceMobile — The stock jumped 5% after the company announced the Federal Communications Commission approved its plan to deliver direct-to-device cellular broadband. It will permit the company to operate up to 248 satellites in low Earth orbit. Healthcare Services Group — Shares of the houskeeping and dining services provider jumped 18% on better-than-expected first-quarter results. The company posted a profit of 37 cents per share on revenue of $462.8 million. Analysts polled by FactSet expected a profit of 22 cents per share on revenue of $460 million. Masco — The home im …
