Check out the companies making the biggest moves midday: Alphabet — The YouTube and Google parent climbed 4% to an all-time high after rolling out its Gemini 3 artificial intelligence platform Tuesday. Google said Gemini 3 lets users get better answers to more complex questions and needs less prompting to find the context and intent behind requests. Eversource — The utility dropped more than 8% after the state of Connecticut rejected the company’s sale of its Aquarion Water unit. MP Materials — The rare earths mine operator rallied about 10% after it announced a partnership with the U.S. Defense Department and Saudi Arabia’s Maaden to develop a rare earth refinery . Goldman Sachs also initiated the stock earlier in the day with a buy rating . Nvidia — Shares rose 2% ahead of the company’s much-anticipated third-quarter earnings report, due after the bell. TransMedics — The organ transportation company jumped 10% after CEO Waleed Hassanein disclosed the purchase of 8,800 shares. Dycom Industries — Shares of the telecom and infrastructure builder jumped more than 9% after third-quarter earnings topped expectations, helped by the boom in AI data centers. Dycom also said it would buy an electrical contractor Power Solutions to help it meet the demand it’s seeing. In the third quarter, Dycom earned $3.63 per share, solidly outpacing the $3.20 per share analyst estimate. Revenue of $1.5 billion was in-line with FactSet estimates. For the fourth quarter, Dycom expects to earn between $1.62 and $1.97 per share, on an adjusted basis, on sales of $1.26 billion to $1.34 billion. At the end of October, its backlog stood at a record high of $8.2 billion. Lowe’s — The home improvement giant rose 5% after it reported third-quarter earnings that beat analyst expectations. The company earned an adjusted $3.06 per share, topping an LSEG estimate of $2.97 per share. La-Z-Boy — Shares popped 10% following the furniture retailer and manufacturer’s strong fiscal second-quarter earnings results. La-Z-Boy earned an adjusted 71 cents per share, beating the 54 cents per share expected from analysts polled by FactSet. La-Z-Boy’s revenue also topped expectations, coming in at $522.5 million versus the $517.6 million consensus estimate. Viking — The river cruise operator gained 5% on the back of its third-quarter revenue beat. Viking’s revenue was $2 billion, versus the $1.99 billion consensus estimate, per FactSet. Adjusted EBITDA came in at $703.5 million, above the $682.2 million anticipated from analysts. The company’s adjusted EPS was in line with expectations. Bullish — The crypto exchange dropped 7% as bitcoin dipped back below $90,000. The company did report third-quarter results that beat analyst expectations. Valvoline — The automotive services provider shed 4% on disappointing fiscal fourth-quarter results. Valvoline posted adjusted earnings of 45 cents per share on revenue of $453.8 million. Analysts polled by FactSet expected a profit of 47 cents per share on revenue of $454.4 million. Constellation Energy — Shares rose 5% after the company received a $1 billion loan from the U.S. government to restart its Crane Clean Energy Center. ON Semiconductor — The semiconductor stock added 3%. ON’s board approved a $6 billion stock buyback program over the next three years that begins at the start of 2026. Plug Power — The hydrogen fuel cell developer tumbled 12% after saying it plans to offer $375 million of senior convertible notes due in 2033. — CNBC’s Christina Cheddar-Berk, Michelle Fox, Scott Schnipper, Yun Li, Alex Harring, Lisa Han and Liz Napolitano contributed reporting.
