During midday trading on Thursday, the following companies made headlines: Cisco Systems saw its stock rise 4% following the announcement that its fiscal fourth quarter earnings per share of $1.14 exceeded Wall Street's expectations of $1.06 and revenue of $15.2 billion versus the anticipated $15.05 billion. Although Walmart reported greater than expected earnings of $1.84 per share compared to the expected $1.71, the stock dropped nearly 2%. Hawaiian Electric tumbled 15% to a new 52-week low after fears of potential liability in Maui's wildfires and CVS Health fell 9% following Blue Shield of California's abandonment of its pharmacy benefits partnership with CVS Caremark for Cost Plus Drugs and Amazon Pharmacy. Meanwhile, Coherent gained 3.9% after reporting better than expected numbers for the recent quarter but providing a softer than expected guidance. Ball saw its stock increase 3% as a result of BAE Systems' acquisition announcement, while Adyen lost 36% following its first half year sales and profit drop due to increased competition and hiring. Wolfspeed's 16% decline was due to its posting an adjusted loss of 42 cents per share, missing expectations of a 20 cent loss per share. VinFast Auto plummeted 18% after a 250% surge in its first trading session, followed by a 19% retreat the next day. Finally, América Móvil rose 4% after Citi upgraded the company to buy from neutral and hiked its price target.
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