Stocks making the biggest moves midday: Amazon, Apple, Block, Tupperware and more

cnbc.com:

Check out the companies making headlines in midday trading.

Amazon — The e-commerce giant surged 10% after delivering a massive profit beat and positive guidance. Amazon's cloud and ad businesses also reported better-than-expected revenue for the quarter.

Apple — The big tech stock slipped 3%. Apple reported earnings per share for the fiscal third quarter of $1.26, 7 cents more than expected by analysts polled by Refinitiv. Revenue was also above Wall Street consensus forecast higher than anticipated but was down on a year-over-year basis.

Tupperware Brands — The stock popped 44.1% during midday trading after the container maker announced a finalized debt restructuring deal, which it expects will help reduce or reallocate about $150 million of cash interest and fees. Tupperware said Thursday that the deal would give the company immediate access to a revolving borrowing capacity of about $21 million.

Bookings Holdings — Shares of the online travel company jumped 9% and hit a new 52-week after it announced its quarterly results Thursday after hours. The company posted adjusted earnings of $37.62 per share on revenue of $5.46 billion in the second quarter. Analysts polled by Refinitiv estimated earnings of $28.90 per share on revenue of $5.17 billion.

Icahn Enterprises — Shares of Carl Icahn's conglomerate dropped a whopping 25% after the firm slashed its quarterly dividend in half amid Hindenburg Research's campaign. The short seller had taken issue with IEP's high dividend yield, saying it's «unsupported» by the company's cash flow and investment performance.

Block — The fintech company's shares plunged 13% despite a strong quarterly report. Square reported earnings of 39 cents per share, versus the 36 cents estimate per