See the companies making headlines in midday trading: First Solar — Solar stock slipped 8%, its worst day since July 15, after Jefferies cut its price target on the stock and said it expects First Solar's third-quarter report to disappoint on Jefferies stock. maintained its buy rating but said near-term challenges such as ongoing supply chain and labor shortages should persist through 2025. Solar system maker Enphase Energy fell 4%. TORONTO-DOMINION BANK – Shares of the Canadian bank firm lost 3.8% after the Wall Street Journal reported, citing sources, that TD is expected to pay a fine of about $3 billion and restrict its U.S. business as part of a money-laundering settlement. Charge GXO Logistics — Shares rose more than 14% after a report by Bloomberg, which cited people familiar with the matter that the company is exploring a potential sale. According to Bloomberg sources, GXO Logistics is working with financial advisors on the matter, although a final decision has not yet been made. Celsius Holdings – The energy drink maker rose more than 13% on positive comments from several research shops after a conference call. “The energy drink trend should accelerate, led by comparable, innovative, [and] Price.” On Wednesday, Piper Sandler said its latest teen survey showed Celsius as a favorite among groups. Tesla — Stocks were little changed ahead of the electric car maker's Robotaxi event after hours Thursday. Investors expect Tesla to announce a CyberCab robotaxi. .JPMorgan upgraded the insurance giant from neutral to overweight, along with advances in artificial intelligence capabilities, to a “more reasonable” consensus earnings and 10x valuation announced that it expects third-quarter revenue to come in at $151.7 million, reflecting a nearly 1% decline from the same period a year ago. The company's CEO said the 10x shift was more disruptive than realized due to recent changes to its business processes and organization. “In the Americas.” PayPal — The payments platform's stock fell 2.9% after Bernstein downgraded it to a market perform rating. Analyst Harshita Rawat said the upside is uncertain after a significant recent rally and noted that Venmo could lose momentum against competitors in the peer-to-peer payments business. — CNBC's Lisa Han, Sean Conlon, Sarah Min, Hakyung Kim and Michelle Fox contributed reporting.
