Check out the companies making headlines in midday trading. Upstart Holdings \u2014 Stock in the artificial intelligence lending platform tumbled more than 26% after missing third-quarter sales and earnings estimates. The company reported an adjusted loss of 5 cents per share on $134.5 million in revenue, against estimates from analysts polled by FactSet of a loss of 2 cents and $139.6 million in revenue. Biogen \u2014 Stock in the biotech company fell more than 4% after third-quarter sales and earnings topped analysts’ estimates. The maker of Tysabri for multiple sclerosis slashed its annual profit forecast, however, due to costs tied to Alzheimer’s treatment Leqembi\u00a0and the acquisition of Reata Pharmaceuticals last month. Occidental Petroleum \u2014 Shares of the Houston-based energy producer \u2014 22% owned by Buffett’s Berkshire Hathaway \u2014 climbed more than 2% after quarterly earnings surpassed analysts’ expectations. Occidental reported earnings of $1.18 per share amid strong oil production, higher than the consensus estimate of 84 cents per share, according to LSEG, formerly known as Refinitiv. Rivian \u2014 Shares of the electric vehicle maker shed more than 4% after analysts stayed neutral in their investment opinion, despite Rivian posting a smaller-than-expected loss in the latest quarter. Rivian also gave an optimistic forecast for the full year, increasing its production forecast by 2,000 units, to 54,000. Roblox \u2014 Shares jumped nearly 18% after third-quarter results beat Wall Street estimates. Roblox reported a loss of 45 cents per share on $839.5 million in revenue, while analysts polled by LSEG forecast a loss of 51 cents and revenue of $830 million. Toast \u2014 Shares of the restaurant-focused technology company slid 17% after Toast reported an unexpected loss for the third quarter. Boston-based Toast lost 9 cents per share, while analysts were expecting earnings of 10 cents per share, according to LSEG. Gross payment volume was fractionally below estimates, StreetAccount said. Robinhood \u2014 The trading platform fell more than 14% after missing revenue estimates in the third quarter. Robinhood notched $467 million in the quarter, below analysts’ estimate of $478 million, according to LSEG. Warner Bros. Discovery \u2014 Stock in the media conglomerate plunged more than 16% after the HBO and Food Network parent reported a wider-than-expected loss in the third quarter. Warner Bros. posted an adjusted loss of 17 cents per share on $9.97 billion in revenue, while analysts polled by LSEG forecast a loss of 6 cents and revenue of $9.98 billion. Lyft , Uber \u2014 Lyft shares were down 0.6% midday ahead of the ride-sharing company’s quarterly results set for release Wednesday after the close. Uber was down almost 1% after the company posted third-quarter results that missed sales and earnings estimates. eBay \u2014 The online marketplace warned of soft revenue in the current quarter and for the full year. In the third quarter, eBay beat the consensus forecast of analysts polled by LSEG for earnings per share, while revenue was in line with the consensus estimate. \u2014 CNBC’s Jesse Pound, Yun Li, Pia Singh, Alex Harring, Lisa Han, Tanaya Macheel and Sarah Min contributed reporting.<\/span><\/span><\/span><\/span><\/p>\n<\/div>\n<\/div>\n Source: www.cnbc.com<\/p>\n","protected":false},"excerpt":{"rendered":" Check out the companies making headlines in midday trading. Upstart Holdings \u2014 Stock in the artificial intelligence lending platform tumbled more than 26% after missing third-quarter sales and earnings estimates. The company reported an adjusted loss of 5 cents per share on $134.5 million in revenue, against estimates from analysts polled by FactSet of a…<\/p>\n","protected":false},"author":1,"featured_media":55134,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"WB4WB4WP_MODE":"","WB4WP_PAGE_SCRIPTS":"","WB4WP_PAGE_STYLES":"","WB4WP_PAGE_FONTS":"","WB4WP_PAGE_HEADER":"","WB4WP_PAGE_FOOTER":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[78],"tags":[],"class_list":["post-55133","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\n