Stocks making the biggest moves midday: AMD, Corning, Arm Holdings, Cencora, Uber & more

Here are the stocks making headlines in midday trading. Arm Holdings — The British semiconductor designer jumped almost 13% on Nasdaq ahead of its latest earnings report due out after the close Wednesday. UBS analyst Timothy Arcuri raised his 12-month price target on ARM Tuesday to $245 from $175 previously. Healthpeak Properties — The healthcare real estate investment trust soared 18% after first-quarter funds from operations (FFO) and revenue both topped Wall Street analysts' consensus estimates, and it raised its second-quarter guidance for FFO to $1.71 to $1.75. CDW — Shares dropped 19% after the multibrand provider of information technology reported disappointing operating income in the first quarter. The company reported adjusted earnings per share of $2.28 which matched FactSet's consensus. They reaffirmed their 2026 outlook, seeing adjusted EPS growth guidance in the mid-single digits year over year. Cencora — The drug wholesale and distribution company plummeted 17% after dialing back its revenue growth expectations for 2026. Cencora now anticipates growth of 4% to 6%, versus its earlier guidance of 7% to 9%. Aurora Innovation —The self-driving vehicle company popped 9% after announcing a deal to provide driverless technology to Berkshire Hathaway subsidiary McLane. The partnership allows McLane, one of the largest distribution companies in the U.S., to use the autonomous technology in long-haul trucking on routes in Texas and across the U.S. Sun Belt. …