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Stocks making the biggest moves midday: Apple, Meta, Costco, Marvell, C3.ai and more

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cnbc.com

In this article Check out the companies making headlines in midday trading. Meta — Shares of the tech giant rose more than 5% after the tech giant announced a dramatic price drop for its higher-end virtual reality headset, the Quest Pro.

Wall Street also got bullish on Meta's artificial intelligence potential. Barclays named Meta as one of the AI beneficiaries, while Morgan Stanley included the company as a top pick in the space, saying the technology is at an inflection point.

Apple — The technology giant advanced 2.6% after Morgan Stanley reiterated its top pick rating, noting the stock has a «catalyst-rich event path» over the next year.

The firm predicts the stock could rally more than 20% in the next 12 months. Costco Wholesale — The retailer's shares dropped 3.4% after the company's fiscal second-quarter earnings missed analysts' expectations.

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