Stocks making the biggest moves midday: Uber, Chegg, Dell, PacWest, SoFi & more

— The hotel operator rose 3.6% after beating earnings and revenue expectations for the first quarter, according to Refinitiv, and raising its full year guidance.

The company highlighted strength in international markets and reported an increase in revenue per available room worldwide.— The oil and gas stock lost 5.9%. Diamondback posted $4.10 in earnings per share, lower than the $4.33 consensus estimate of analysts polled by FactSet. But the company was able to narrowly beat on revenue, recording $1.93 billion against the Street's estimate of $1.92 billion.

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Stock Market News: Uber shares soar, Yellen warns on debt ceiling, IBM, Chegg CEOs talk AITreasury Secretary Janet Yellen warns on debt ceiling as the Federal Reserve begins its two-day meeting. JOLTS report kicks off jobs data. Uber, Pfizer, Starbucks earnings in focus. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
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