Stocks making the biggest moves midday: Cerebras, Marvell, Intel, Corning & more

Here are the companies that are making headlines in midday trading. Apple – The iPhone maker advanced more than 2% as its Worldwide Developers Conference kicked off. Apple is expected to detail more of its strategy around artificial intelligence, including updates to Siri. Wix.com – The web development company slid more than 5%. Wix dialed back its outlook for the full year, now calling for bookings to grow at a percentage rate in the low teens. That's down from its forecast of a percentage rate in the mid-teens. Year-over-year and revenue growth in the second quarter are now expected to come in at a low- to mid-teens percentage rate, versus the earlier call for a rate in the mid-teens. Crocs – The footwear manufacturer jumped 3% after Baird lifted its rating to outperform . The firm said that a "healthier North American story is emerging" for Crocs. "We are adopting a more positive stance, incorporating a higher degree of confidence that positive inflections for Crocs North America and HEYDUDE look sustainable," the firm said. Corning – The specialty glass and fiber company saw shares pop about 6%. Corning reached a deal with Amazon to provide the optical fiber and connectivity solutions to support the e-commerce and cloud giant's growing data center infrastructure in the U.S. Intel – Shares of the chip company jumped 12% after The Information reported that Alphabet and Nvidia are considering the company as a backup chip manufacturer. Alphabet shares dipped almost 2%. …