Check out the some of the stocks making the biggest moves in midday trading. Rocket Lab — The aerospace company saw shares jump nearly 8% following the launch of its STP-S30 mission for U.S. Space Force’s Space Systems Command. Rocket Lab said the launch was completed five months ahead of schedule. Peer companies rose in sympathy, with AST SpaceMobile gaining 5% and Virgin Galactic rising 3%. ViaSat advanced 1%. GE Vernova — The energy equipment maker rose nearly 4% on the back of an upgrade at Jefferies to buy from hold. The firm believes accelerating demand for power infrastructure and the pruning of GE Vernova’s challenged offshore wind business will drive earnings higher. Micron Technology — Shares jumped more than 11% after the chipmaker issued a rosy revenue forecast. Micron said it expected about $18.70 billion in revenue in the current quarter — significantly higher than the $14.20 billion expected from analysts polled by LSEG. Fiscal first-quarter results also exceeded Wall Street’s expectations. Trump Media — The Truth Social parent soared 33% after announcing a merger with TAE Technologies, a fusion power energy company. The all-stock deal is valued at more than $6 billion and is expected to close in mid-2026. Tech stocks — Shares of technology giants, as well as several big-name chipmakers, were in the green on Thursday after the previous session’s sell-off. Google parent Alphabet , Amazon , Nvidia , Microsoft and Meta Platforms each climbed roughly 2%. Electric vehicle play Tesla gained 4%. Lululemon — The athleisure maker popped more than 6%. Activist investor Elliott Management has taken a stake worth more than $1 billion in the company and is bringing along a possible CEO candidate, a person familiar with the matter told CNBC. FactSet Research Systems — The financial data platform sank more than 7% after fiscal first-quarter free cash flow came in at $90 million versus a Wall Street consensus of $122 million, and cash flow from operations totaled $121 million against the Street’s $151 million estimate, according to StreetAccount, which is owned by FactSet. Birkenstock — The footwear maker shed 9% on disappointing earnings guidance for fiscal 2026. The company sees adjusted earnings per share between 1.90 and 2.05 euros. Analysts polled by FactSet expected a forecast of 2.09 euros. Lennar — The homebuilder fell more than 2%, adding to its 4.5% slide from the previous session on the back of mixed fiscal fourth-quarter results. Evercore ISI downgraded shares late Wednesday to underperform, noting that guidance “suggests that we have not yet reached the inflection point where overhead savings can outweigh tech investments, and we believe there is still downside risk to earnings if market conditions do not improve.” — CNBC’s Fred Imbert, Scott Schnipper, Michelle Fox, Pia Singh and Nick Wells contributed reporting.
