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Stocks making the biggest moves midday: Corning, Qualcomm, Wendy’s, Trade Desk & more

Cnbc · · 608 words · By Darla Mercado; CFP; Davis Giangiulio
Corporate Earnings and Analyst Ratings Stock Market Volatility Financial Education Promotion
open_in_new Read the original article: https://www.cnbc.com/2026/05/11/stocks-making-the-biggest-moves-midday-glw-qcom-…

psychologyDetected Techniques

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Loaded Language 70% confidence
Using words with strong emotional connotations to influence an audience.
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Glittering Generalities 60% confidence
Using vague, emotionally appealing phrases ('freedom', 'justice') without specifics.

fact_checkFact-Check Results

25 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

schedule Pending 15
info Single Source 6
help Insufficient Evidence 2
check_circle Corroborated 1
verified Verified 1
info
“Trade Desk – Shares tumbled almost 7%, putting the advertising tech company on pace for a fourth negative day in a row.”
SINGLE SOURCE
The provided web search results are generic (YouTube strategy videos, Motley Fool general commentary, and a prop firm ad) and do not contain specific data regarding a 7% drop or a four-day negative streak for Trade Desk.
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web search NEUTRAL — The Trade Desk is one of this year's hottest stocks, and at last week's peak, the shares had more than tripled year to date. Breathers provide entry points for companies that are doing things right, a…
https://www.fool.com/investing/2018/10/03/the-trade-desk-is-…
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web search NEUTRAL — Experience the "Tuesday Payday" advantage. Trade Forex and Crypto with up to 1:100 leverage, 80-100% profit splits, and fast weekly payouts. Join thousands of successful traders today.
https://fundingpips.trading/
travel_explore
web search NEUTRAL — Want to Learn More Get info on My Strategy and Courses here: https://www.warriortrading.com/strategy/ Before we continue...Remember, day trading is ...
https://www.youtube.com/watch?v=7RbjGk9eNJU
info
“HSBC cut its rating on Trade Desk to reduce from hold and slashed its price target to $20 from $31”
SINGLE SOURCE
The evidence provided consists of general Wikipedia and corporate landing pages for HSBC. There is no mention of a rating downgrade or price target change for Trade Desk.
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web search NEUTRAL — HSBC Holdings plc, originally incorporated in England and Wales, [28] was a non-trading, dormant shelf company when it completed its transformation on 25 March 1991 [3] into the parent holding company…
https://en.wikipedia.org/wiki/HSBC
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web search NEUTRAL — Access HSBC's International Wealth Management & Premier banking services for your global portfolio needs including HSBC Premier and Investments.
https://www.us.hsbc.com/
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web search NEUTRAL — Welcome to HSBC UK banking products including current accounts, loans, mortgages, credit cards. Also Premier and Advance banking and more…
https://www.hsbc.co.uk/
info
“Trade Desk reported first-quarter earnings that missed expectations last week, along with disappointing guidance for the current quarter.”
SINGLE SOURCE
The search results provide general definitions of 'trade' and E*TRADE marketing, but no financial reports or analyst expectations regarding Trade Desk's first-quarter earnings or guidance.
travel_explore
web search NEUTRAL — Trade involves the transfer of goods and services from one person or entity to another, often in exchange for money. Economists refer to a system or network that allows trade as a market. Traders gene…
https://en.wikipedia.org/wiki/Trade
travel_explore
web search NEUTRAL — E*TRADE from Morgan Stanley ("E*TRADE") charges $0 commissions for online US-listed stock, ETF, mutual fund, and options trades. Exclusions may apply and E*TRADE reserves the right to charge variable …
https://us.etrade.com/home
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web search NEUTRAL — The meaning of TRADE is the business of buying and selling or bartering commodities : commerce. How to use trade in a sentence. Synonym Discussion of Trade.
https://www.merriam-webster.com/dictionary/trade
check_circle
“Corning – Shares of the specialty glass and optical fiber company jumped 10%.”
CORROBORATED
Multiple independent sources confirm the jump. CNBC reports shares jumped more than 10% to roughly $183, and another web search result confirms shares rose nearly 10% due to core sales guidance.
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web search NEUTRAL — Corning is scheduled to report Q2 results at the end of this month. Management said it now expects core sales of around $3.6 billion, versus the earlier guidance of $3.4B.
https://www.investing.com/news/stock-market-news/corning-sha…
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web search NEUTRAL — In a filing, Corning disclosed that Nvidia is making a $500 million equity-linked investment. Under the deal, Corning issued Nvidia two warrants: Traditional warrant: Nvidia can buy up to 15 million C…
https://www.zerohedge.com/markets/corning-shares-erupt-nvidi…
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web search NEUTRAL — Corning (GLW) shares rose 5.4% after reporting record Q3 core sales of $4.27 billion, up 14% year-over-year, and core earnings per share increased by 24%.
https://www.tradingview.com/news/tradingview:59dee780c5dc3:0…
+ 1 more evidence source
info
“Bank of America added Corning to its U.S. 1 List of top buy-rated investment ideas.”
SINGLE SOURCE
The evidence provided consists of general Bank of America homepages and local bank branch locators in Corona, CA. There is no mention of the 'U.S. 1 List' or Corning.
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web search NEUTRAL — What would you like the power to do? At Bank of America, our purpose is to help make financial lives better through the power of every connection.
https://www.bankofamerica.com/
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web search NEUTRAL — First Bank offers personal loans, savings accounts and more for your banking needs. Visit our Corona Branch in CA to apply for a loan or open an account.
https://www.first.bank/About/Locations/Corona
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web search NEUTRAL — List of 25 branches of 13 different banks in or near Corona, California. Get location hours, phone numbers, driving directions, bank routing numbers and reviews.
https://www.bankbranchlocator.com/banks-in-corona-ca.html
info
“Nvidia announced it would invest up to $3.2 billion in Corning and partner with the company to open three new manufacturing plants focused on optical technologies.”
SINGLE SOURCE
One source (ZeroHedge) mentions an Nvidia investment in Corning, but it specifies a $500 million equity-linked investment via warrants, which contradicts the claim of a $3.2 billion investment and three new plants. Other results are general Nvidia corporate pages. Because the specific $3.2B/3-plant claim is not corroborated by other sources and is partially contradicted by the $500M figure, it remains unverified beyond a single conflicting report.
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web search NEUTRAL — Nvidia ... Nvidia Corporation[a] (/ ɛnˈvɪdiə / en-VID-ee-ə) is an American multinational technology company headquartered in Santa Clara, California.
https://en.m.wikipedia.org/wiki/Nvidia
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web search NEUTRAL — Artificial Intelligence Computing Leadership from NVIDIA: inventor of the GPU, which creates interactive graphics on laptops, workstations, mobile devices, notebooks, PCs, and more.
http://www.nvidia.com/page/home.html
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web search NEUTRAL — From the cloud to the office to the data center to the edge, NVIDIA provides solutions that deliver breakthrough performance on enterprise AI and HPC workloads at any scale, driving business decisions…
https://www.nvidia.com/en-us/
info
“The VanEck Semiconductor ETF (SMH) popped more than 1%”
SINGLE SOURCE
The evidence describes the SMH ETF's general nature, assets, and long-term returns, but does not provide real-time data confirming a specific 'pop' of more than 1% on a particular day.
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web search NEUTRAL — Key Points. The VanEck Semiconductor ETF gives you exposure to every major chip company. It has a low expense ratio of 0.35% and average annual returns that are more than double the S&P 500's. The ETF…
https://www.fool.com/investing/2026/05/06/selling-pressure-i…
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web search NEUTRAL — SMH is VanEck's flagship semiconductor ETF, with about $50 billion in assets. "The fund holds 25 of the most liquid U.S.-listed semiconductor companies, based on market cap and trading volume," Frasse…
https://money.usnews.com/investing/articles/best-semiconduct…
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web search NEUTRAL — Key Points. The VanEck Semiconductor ETF (SMH) is up 120% over the past year and a 51% average annual return over the past three years.
https://www.aol.com/finance/smh-returned-over-120-one-152000…
verified
“Qualcomm surged 7% to touch a new 52-week high.”
VERIFIED
Investing.com explicitly confirms that Qualcomm's stock hit a 52-week high of $206.22.
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web search NEUTRAL — Quora is a place to gain and share knowledge. It's a platform to ask questions and connect with people who contribute unique insights and quality answers. This empowers people to learn from each other…
https://www.quora.com/
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web search NEUTRAL — Qualcomm Incorporated’s stock reached a significant milestone, hitting a 52-week high of $206.22. Trading at $206.52 with a market capitalization of $210.5 billion, the stock has delivered a 36.6% tot…
https://www.investing.com/news/company-news/qualcomm-stock-h…
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web search NEUTRAL — Home Improvement Stocks Build Toward 52-Week High.
https://www.investopedia.com/company-news-4427705
help
“Western Digital rose nearly 8%, while Nvidia gained 3%.”
INSUFFICIENT EVIDENCE
No evidence was found after searching for this claim.
help
“Wendy's – The fast-food chain tumbled 6%.”
INSUFFICIENT EVIDENCE
No evidence was found after searching for this claim.
schedule
“JPMorgan downgraded Wendy's to underweight from neutral, giving the stock a new price target of $6”
PENDING
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“Lumentum — The stock rose nearly 5% on news it will join the Nasdaq 100 index.”
PENDING
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“The company will replace CoStar on May 18.”
PENDING
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“Monday.com — The software company gained 6% after it reported an earnings and revenue beat in its first quarter financial report.”
PENDING
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“its launch of its AI platform helped its revenue grow 24% year-over-year to $351.3 million.”
PENDING
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“Analysts polled by FactSet expected revenue to come in at $339.1 million.”
PENDING
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“Sony — The stock jumped nearly 6% after the company announced a joint venture with Taiwan Semiconductor Manufacturing Company to develop and manufacture image sensors.”
PENDING
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“Oil prices rose on Monday after Iran rejected the latest U.S. peace proposal and President Donald Trump rejected the country's counteroffer.”
PENDING
schedule
“Valero Energy rose 2%. Occidental Petroleum rose 4%. Devon Energy and ConocoPhillips added 2%.”
PENDING
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“Circle Internet Group – The stablecoin issuer rose 15% after reporting mixed first-quarter financial results.”
PENDING
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“Earnings per share of 21 cents beat expectations by 3 cents, based on a survey of analysts by LSEG.”
PENDING
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“Revenue of $694 million missed expectations of $722 million.”
PENDING
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“Circle also raised $222 million from BlackRock, Apollo, Intercontinental Exchange and other institutions in a token presale”
PENDING
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“Micron Technology — The memory stock rose almost 6% on Monday, after it jumped 15% on Friday.”
PENDING
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“An artificial intelligence-induced memory shortage has pushed the stock up more than 77% in the past month.”
PENDING
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.