Check out some of the companies making the biggest moves at noon. CleanSpark — The digital infrastructure company soared 11% after securing a 20-year data center lease in Georgia, totaling $6.6 billion in contract revenue. HCA Healthcare — The hospital operator fell more than 7% after lowering its full-year profit outlook. HCA now expects full-year earnings per share to be between $28.70 and $30.50, a downward revision from its previous forecast of $29.10 to $31.50 per share. HCA also lowered the upper end of its 2026 revenue outlook. JPMorgan Chase — The nation’s largest bank rose 2% after reporting second-quarter results. JPM earned $6.14 per share, excluding one-time items, on revenue of $58.02 billion. Analyst estimates compiled by LSEG were for earnings of $5.85 per share and revenue of $50.19 billion. Bank of America — Bank of America rose 2% after a better-than-expected second quarter. The Charlotte, North Carolina-based bank had earnings of $1.21 per share, beating the $1.13 expected by analysts surveyed by LSEG. Revenue was also $31.7 billion, exceeding the consensus estimate of $30.72 billion. Wells Fargo — San Francisco-based Wells fell 3% after posting earnings of $2.00 a share on revenue of $22.62 billion. Analysts surveyed by LSEG had expected earnings of $1.72 per share and revenue of $21.84 billion. Goldman Sachs — The Wall Street investment bank rose 7% after its second-quarter profit beat expectations. Goldman earned $20.98 per share, beating the LSEG consensus estimate of $14.48. Sales also came in at $20.34 billion, exceeding expectations of $16.13 billion. Citigroup — The bank fell 5% after posting its best quarterly earnings in a decade. Citigroup’s second-quarter earnings were $3.15 per share, beating the $2.74 expected by analysts surveyed by LSEG. Sales also exceeded expectations of $23.74 billion at $24.77 billion. Apple — The iPhone maker fell 1% after KeyBanc downgraded Apple from sector weight to underweight, and its $250 price target suggests a 21% downside from Monday’s closing price. Wall Street companies expect Apple could come under pressure as customers tighten their wallets in response to rising prices. IBM — The legacy technology giant plunged 25% after preliminary second-quarter profits fell short of expectations. IBM expects to report earnings of $2.93 per share, excluding certain items. Analysts polled by FactSet had expected earnings of $3.01 per share. OI Glass — formerly Owens Illinois, fell 8% following a double downgrade from Buy to Underperform by Bank of America. Bank of America cited a recent 20% rise, tough glass demand, little benefit from restructuring, slowing improvement in Europe and currency headwinds. LM Ericsson — the Swedish network and communications provider that also trades in the U.S. fell 13%. According to street accounts, Ericsson posted disappointing sales of SEK 52.7 billion, below the consensus estimate of SEK 53.94 billion. Adjusted gross profit margin was 48.4%, exceeding expectations of 47.8%. MBX Biosciences — The clinical biopharmaceutical company posted an 8% loss after CEO Kent Hawryluk announced he would resign with immediate effect and be replaced by current executive chairman Steve Holter. — CNBC’s Sarah Ming and Fred Imbert contributed reporting
