Check out the companies making headlines in midday trading: McDonald’s — The fast-food stock pulled back more than 5% after the U.S. Centers for Disease Control and Prevention said an E. coli outbreak was tied to the chain’s Quarter Pounder burgers . The outbreak led to 10 hospitalizations and one death, the CDC said. Walmart — The retail stock advanced almost 1% to reach a fresh all-time high on Wednesday, breaking with the broader market’s trend lower. Shares of Walmart have outpaced the S & P 500 in 2024, up 57% compared to the index’s nearly 22% jump. Boeing — The troubled aerospace stock slipped nearly 3% after reporting its largest quarterly loss since 2020 . Boeing reported a loss of more than $6 billion in the third quarter, and it lost more than $4 billion in its commercial airplane sector alone. Qualcomm , Arm Holdings — Qualcomm declined nearly 3% after Bloomberg reported that British chip designer Arm planned to cancel its license agreement with the company. Shares of Arm were 6% lower. Stride — The stock soared more than 33%. The educational tech company posted fiscal first-quarter net income of $40.9 million and revenue of $551.1 million. In the year-earlier period, the company reported net income of $4.9 million and revenue of $480.2 million. Hilton Worldwide Holdings — The hotel giant lost 2.7% after reporting third-quarter revenue of $2.87 billion, under the $2.91 billion figure expected from analysts polled by LSEG. On the other hand, Hilton posted adjusted earnings of $1.92 per share, which was 7 cents above the consensus forecast. But the company also issued weak guidance for current-quarter adjusted earnings. Spirit Airlines — Shares surged 35% after The Wall Street Journal , citing people familiar, reported Frontier Airlines is seeking to renew a bid for Spirit Airlines. Enphase Energy — The green energy stock tumbled 13% after a weaker-than-expected earnings report. Enphase said it had 65 cents in adjusted earnings per share on $380.9 million of revenue. Analysts surveyed by LSEG had penciled in 77 cents per share and $392 million of revenue. Enphase’s fourth-quarter revenue guidance was also below expectations. AT & T — Shares advanced 4% after third-quarter earnings surpassed analysts’ estimates. AT & T reported adjusted earnings of 60 cents per share, while analysts polled by LSEG were looking for 57 cents. Revenue missed Wall Street’s forecast. Texas Instruments — The semiconductor company gained more than…
Click Here to Read the Full Original Article at Top News and Analysis (pro)…