Here are the companies making headlines in midday trading. Artificial intelligence infrastructure — Traders shunned high-flying stocks that are behind the AI buildout as the second half got underway. Shares of semiconductor test company Teradyne lost 13% on Thursday, while shares of specialty glass and fiber player Corning dropped 10%. Photonic technology stocks Lumentum and Coherent both shed about 9%. Universal Health Services , HCA Healthcare — Shares of health services companies jumped after the U.S. Centers for Medicare & Medicaid Services proposed updating the payment rate for hospitals and ambulatory surgical centers under the Hospital Outpatient Prospective Payment System. CMS calls for raising the rate by 2.4% for 2027. Universal Health's stock added 7%, while HCA's rose 5%. The S & P 500 healthcare sector also outperformed Thursday, rising more than 2%. Rivian Automotive — Shares jumped 8% after the electric SUV manufacturer raised its delivery outlook for 2026. Rivian now sees deliveries ranging from 65,000 to 70,000 electric vehicles. That's up from its earlier call for 62,000 to 67,000 units. Tesla — Shares of Elon Musk's electric vehicle company slid 8% even after Tesla reported second-quarter deliveries that surpassed Wall Street's expectations. The company said it delivered 480,126 vehicles for the period, compared to the StreetAccount consensus estimate of 406,600. Blue Owl Capital — The asset manager's stock jumped more than 4% as a shareholder letter released Thursday revealed redemption pressure is easing for its private credit funds. Investors looked to withdraw $4.7 billion from two funds in the second quarter, down from $5.4 billion in the first. Blue Owl said it will maintain a 5% quarterly withdrawal cap , however, since the requests are above that threshold. Waystar Holding — Shares rose 9% after the healthcare payment software provider was initiated at overweight by KeyBanc. The firm set a $30 price target, which is 40% above where shares closed Wednesday. The stock has been pressured by fears that artificial intelligence will disrupt its business model, but KeyBanc's research suggests that is overblown. National Beverage Corp . — The maker of LaCroix and Faygo saw shares gain 13%. National Beverage declared a special cash dividend of $3.25 per share to be paid on or before July 30. Apple — Shares of the iPhone manufacturer popped almost 5% even as the tech sector sold off. The stock is on pace for its third straight winning day. Memory stocks — Shares of a slew of companies were again lower on Thursday as investors took some profits as the second quarter began. The Roundhill Memory ETF (DRAM) dropped 8%, adding to its decline of nearly 11% in the prior session and heading for its worst week ever. Sandisk 's stock, which fell more than 10% on Wednesday, was off 14% Thursday. Shares of Western Digital and Seagate Technology were down 10% each, after shares fell 6% and 5% on Wednesday, respectively. Shares of Micron also slumped more than 6% Thursday. Alphabet — The parent company of Google saw its stock dip by about 2% after the subsidiary lost a European antitrust case , where a court upheld Google's fine of 4.1 billion euros (US$4.67 billion). The fine comes from a 2018 decision by the European Commission to punish Google for what it saw as anticompetitive practices by the company through giving its own applications unfair advantages in Android products. Bending Spoons — Shares of the Italian technology company were off more than 12% after its public market debut on Wednesday. The stock soared almost 40% from its initial public offering level on Wednesday. AeroVironment — Shares rose 11% after the defense technology company won a $500 million contract with the U.S. Army. The contract is to develop counter-drone capabilities for the military. Palantir — Shares jumped 3% after a D.A. Davidson upgrade to buy from neutral. Analysts at the firm also said they view the stock's valuation as the most attractive in some time. Shares were pacing to end the shortened trading week up 15%. Strategy , Coinbase — The stocks were higher as bitcoin prices crossed $61,000, up more than 2% on the day. Crypto treasury company Strategy's stock advanced 7%, and shares of trading platform Coinbase rose 3%. Robinhood — Bitcoin's rally wasn't the only contributor to Robinhood's rise on Thursday, as analysts at Mizuho hiked their price target to $130 for the stock. Analysts said that Robinhood has the chance to become the "hyperscaler" of online brokerages, noting the possibility of gaining dominance across borders rather than within one singular country. Shares were last up more than 2%. — CNBC's Christina Cheddar Berk, Nick Wells and Tom Rotunno contributed reporting.
<small>Source: CNBC</small>
