Check out the companies making headlines in midday trading: Apple — The tech giant jumped more than 6% after announcing it would repurchase $110 billion in shares .
That topped analysts' estimates for earnings of $1.50 per share on revenue of $90.01 billion, per LSEG.
Block — The payment services provider added 1% after posting first-quarter results that beat analysts' expectations.
Live Nation Entertainment — Shares jumped 9% on the back of better-than-expected first-quarter revenue.
However, the company beat analysts' expectations for the first quarter.
Persons:
LSEG, Piper Sandler, FactSet, Eli Lilly, Cloudflare, Jefferies, —, Alex Harring, Lisa Kailai Han, Michelle Fox, Pia Singh
Organizations:
Apple, Management, Wall Street, BMO Capital Markets, Expedia, Holdings, bullish Bank of America, Novo Nordisk, Arista Networks, Arista
Locations:
Thursday's, billings