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Stocks making the biggest moves midday: News Corp, Alibaba, Applied Materials and more

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These are the stocks posting the largest moves in midday trading.

Alibaba Group sign is seen at the World Artificial Intelligence Conference in Shanghai, China July 6, 2023.— The media company's shares jumped nearly 4% after reporting an earnings beat in the fiscal fourth-quarter.

News Corp posted adjusted earnings of 14 cents per share, while analysts polled by Refinitiv had estimated 8 cents per share. Meanwhile, the company's revenue of $2.43 billion missed analyst forecasts of $2.49 billion.

 

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