Stocks making the biggest moves midday: Qualcomm, Hertz, Eli Lilly, Meta Platforms, Microsoft & more

Here are the stocks making headlines in midday trading. Willis Towers Watson — The insurer's shares tumbled about 12%. First-quarter organic revenue growth came in at 3%, short of the FactSet estimate for a 4.8% increase. The soft growth numbers overshadowed adjusted earnings that surpassed Wall Street's expectations. Hertz Global — Shares soared about 18% after the rental car company announced a partnership with Uber that will expand the ride-hailing giant's push into autonomous robotaxi and driver-led mobility. Hertz said that its new Oro Mobility unit will support Uber's robotaxi program. Services are anticipated to launch in the San Francisco Bay area later this year. Uber shares were little changed. Altria Group — The tobacco company's shares jumped more than 5%. First-quarter adjusted earnings of $1.32 per share topped the FactSet consensus estimate of $1.25 a share. Altria reaffirmed its full year guidance for adjusted earnings in the range of $5.56 to $5.72 per share, versus the consensus call for $5.62 a share. Carrier Global — Shares climbed 11% following Carrier Global's first-quarter beat on the top and bottom lines. The company reported adjusted earnings of 57 cents, versus the 51 cents expected from analysts polled by FactSet. Revenue was $5.34 billion, versus the $5.01 billion consensus estimate. …