Check out the companies making headlines in midday trading: Williams-Sonoma — The home goods retailer soared 27.5% after beating expectations on both lines for the third quarter and raising full-year guidance. Williams-Sonoma earned $1.96 per share on $1.80 billion in revenue, while analysts surveyed by LSEG had anticipated just $1.78 in earnings per share and $1.79 billion in revenue. Ford Motor — Shares of the U.S. automaker slid 2.9% after Ford said on Wednesday it plans to cut around 14% of its European workforce . The company cited significant losses in recent years driven by weak demand for electric vehicles, a lack of government support for the shift toward electric vehicles and greater industry competition. Nvidia — Shares dipped nearly 0.8% ahead of the chipmaker’s fiscal third-quarter results due after market close. Analysts polled by LSEG expect Nvidia to post earnings of 75 cents per share on about $33.16 billion in revenue, or more than 80% revenue growth compared to a year ago. AppLovin — Shares popped about 1.3%. Piper Sandler initiated coverage of the mobile app developer with an overweight rating. The firm set a price target implying the stock has upside of nearly 25% ahead , even after it already surged more than 700% in 2024. Target — Shares plunged 21.4% after the big-box retailer disappointed on third-quarter earnings and revenue estimates and cut its full-year guidance, just three months after raising that forecast. Target reported only a slight uptick in customer traffic as CEO Brian Cornell noted “lingering softness in discretionary categories.” Delta Air Lines — Shares of the carrier shed 1.7% even after the firm forecast revenue growth in mid-single-digit percentage points next year, in line with analysts’ estimates. Delta said sales would grow in 2025, citing a “resilient economy” for strong travel demand and credit card spending, especially for higher-end offerings. It also said it expects to grow earnings in the coming years. The stock has gone up about 60% this year. Robinhood — The trading platform’s shares advanced about 2.4% after Needham upgraded its rating to buy from hold on Robinhood. Elsewhere, the company said it is planning to acquire TradePMR , a custodial platform for registered investment advisors, in a roughly $300 million deal that is expected to close in the first half of 2025. Lemonade — The insurance stock popped 16% following an upgrade at Morgan Stanley to equal weight from underweight. The firm cited Lemonade’s “ambitious” goal of growing its business and its charted path to net profit positive exiting 2027 for the call. Keysight Technologies — Shares jumped 8.8% after the electronics test and measurement equipment company topped Wall Street expectations for the fiscal fourth quarter. Keysight also gave an upbeat outlook for the current quarter, anticipating adjusted earnings of $1.65 to $1.71 per share. That is better than the $1.57 in earnings per share that analysts were expecting, per FactSet. Super Micro Computer — Shares dropped roughly 8.7%, taking back some of Tuesday’s gains of more than 31%. Shares of the struggling server maker bounced in the previous session after Super Micro announced it hired BDO as its new auditor and said it submitted a plan to Nasdaq detailing how it will comply with the exchange’s listing requirements. Dolby Laboratories — Shares jumped 15.6% after the audio technology company gave quarterly results that beat Wall Street estimates. Dolby earned 61 cents per share in its fiscal fourth quarter, higher than analysts’ forecast of 45 cents per share, according to FactSet. Dolby also raised its quarterly dividend by 10% to 33 cents per share, payable Dec. 10. Qualcomm — Shares slid 6.3% even after the semiconductor company provided new five-year financial targets on Tuesday that aim to generate an additional $22 billion in annual revenue by 2029 . Qualcomm also detailed a plan to generate $4 billion in revenue for industrial chips and a $2 billion sales target for its chips that are used in virtual and augmented reality headsets, alongside other goals. — CNBC’s Alex Harring, Brian Evans, Sean Conlon, Yun Li and Michelle Fox contributed reporting.