Check out the companies that made the biggest moves midday: Vertiv — Shares jumped 8% after Barclays upgraded the data center infrastructure provider’s rating from equal weight to overweight. The bank said it believes recent volatility has created an attractive entry point and that the potential for upside to earnings estimates could further outperform performance. SABLE OFFSHORE — Oil and gas companies soared nearly 19% after a federal court rejected an injunction by environmental groups that had sought to prevent Sable Offshore from restarting its Las Flores pipeline in California. Litigation regarding this issue continues this year. SanDisk — Shares of the flash memory provider, which spun off from Western Digital in February, soared nearly 11% in intraday trading as 2026 gets underway. The stock performed well, rising nearly 560% in 2025, driven by demand for data centers and its addition to the S&P 500 in November. ASML — The semiconductor manufacturing equipment maker soared 8%. The trigger for this move is not clear, but it is based on the stock’s 54.4% increase in 2025. Baidu — The Chinese tech giant soared 12.8% after announcing plans to spin off its semiconductor unit Kunlun Xin and list it in Hong Kong. Wayfair, RH, Williams-Sonoma — Home goods retailers rose following President Donald Trump’s decision to delay a 30% tariff increase on upholstered furniture. Wayfair rose 6.4%, RH rose 10% and Williams-Sonoma rose 5%. Tesla — Tesla fell 1% after the EV maker reported fourth-quarter deliveries of 418,227 vehicles, a 16% year-over-year decline. Analysts compiled by FactSet expected total deliveries to be 426,000 units. Taiwan Semiconductor Manufacturing Co. – The U.S. granted the chipmaker an annual license to import equipment to China, sending shares up 3.7%. Li Auto, Nio — Chinese EV makers each rose 1.6% after reporting December delivery numbers. Li Auto delivered 44,246 units last month, while Nio delivered 48,135 units. Warby Parker — Shares rose 2.9% after Loop Capital named the company one of its top stocks for 2026, citing the company’s expanding EBITDA margins. The company likes the risk-reward trade-off and said Warby Parker remains “one of the most compelling organic square footage growth stories in our coverage.” — CNBC’s Sarah Ming, Christina Cheddarburg, Lisa Han and Liz Napolitano contributed reporting.
