Check out the companies making headlines in the midday deal: McDonald’s – The fast food giant has risen more than 3% following the announcement of revenue. Adjusted revenue was $2.83 per share, but in line with expectations, revenue of $63.9 billion fell short of the $6.444 billion LSEG consensus estimate. The company’s 0.4% store sales growth exceeded the expected 1% decline from the analysts voted by StreetAccount. Edgewell Personal Care – Shares fell 10.7% after the quarter report of Personal Product Company failed to meet expectations. Edgewell reported an adjusted earnings of 7 cents per share against revenues of $478.4 million. Analysts surveyed by FactSet had forecast revenue of $480.1 million with revenue of 12 cents per share. INCYTE – Biopharma inventory fell 5.8% with weaker revenues than expected in the fourth quarter. Incyte posted adjusted earnings of $1.43 per share, with analysts voting revenues of $1.49 per share in FactSet’s expected earnings. Rockwell Automation – Shares rose 12.8% after the industrial automation company posted first-quarter adjusted revenue of $1.83 per share, exceeding the fact set consensus estimate of $1.58 per share. Rockwell’s $1.88 billion revenue was in line with expectations. In semiconductors, shares plummeted 9% after semiconductor manufacturers reported fourth quarter revenue and revenue errors. Semiconductors recorded an adjusted earnings of 95 cents per share of $1.72 billion, while analysts voted by FactSet found that revenues of $1.76 billion for 97 cents per share I was expecting this. Steel and Aluminum Inventory – Inventory tied to metals said it will announce 25% tariffs on steel and aluminum imports on Monday, following President Donald Trump’s remarks on Sunday. Steel producer Cleveland Cliff won 18%, while producers’ nuclear, iron dynamics and US steel rose 6%, 5% and 4% respectively. Alcoa, an aluminum company, jumped over 3%. GameStop – Meme Stock jumped over 7% after CEO Ryan Cohen posted a photo with Michael Saylor, co-founder and chairman of Bitcoin’s biggest corporate holder. Cohen uploaded photos on social media site X over the weekend, sparking speculation that GameStop was plotting another strategy around Crypto. MicroStrategy, which has recently been rebranded as a “strategy,” has seen its shares rise by more than 2%. SEMTECH – Stocks fell 30.8% after semiconductor manufacturers warned in 8-K filing for fiscal year 2026. This could result in lower net sales from copper products used in active copper cables than the company’s previous estimates. Semtech said it didn’t expect a ramp up over the year, as it attributed the mistake to a “change in the rack architecture.” BP – Shares rose 7.3% following a weekend report that Elliot Management took stock in Oil Giant. Activist investors reportedly report that BP could put pressure on its oil and gas business, the report said. Shopify – Ecommerce Company’s shares added 3% and touched on the new 52-week high following a benchmark upgrade to buy from Hold. The company said it expects good news from Shopify’s revenue report scheduled for Tuesday. Johnson Controls International – HVAC equipment manufacturer added 2% after purchasing from Neutral following an upgrade from UBS. The UBS upgrade comes after Johnson Controls announced last week that Joakim Weidemanis will take over CEO from March. Super Microcomputer – Surges 3.4% from Super Micro’s second-quarter revenue release scheduled after Tuesday’s closing bell. Super Micro profits on Monday marked the fifth positive session in a row. T-Mobile – Telecommunications stock has been added about 3%. T-Mobile announced on Sunday that Elon Musk’s satellite text messaging beta partnership with Starlink is open to all wireless customers. RIVIAN – The automaker’s shares rose more than 3.7% after Rivian announced that electric commercial vans will be available to all US customers. Libian vans were previously eligible for exclusive use on Amazon. HIMS & HERS HEALTH – TeleHealth provider popped 4.6%. The move has promoted its combined semaglutide, targeting similar weight loss treatments at prices “not for profit, not for patients.” Lyft – After TechCrunch reported citing Lyft executives, shares rose 4.7%, and the ride company plans to bring Dallas’ fully autonomous Robotaxis to the app “quickly” in 2026 . Media outlet added that more markets are expected to continue. Monday.com – Stocks skyrocketed 30% after the project management software company reported better-than-expected fourth-quarter results. Monday.com reported an adjusted earnings of $1.08 per share against revenues of $268 million. Analysts voted by FactSet were expecting a 79 cent profit with revenues of $261.4 million. – Reported by CNBC’s Sean Conlon, Brian Evans, Michelle Fox, Alex Hurling, Hakyung Kim, Yoon Lee, Sarah Min and Jesse Pound.
