These are the stocks posting the largest moves in midday trading.

The U.S. economy is seeing some consumer categories deflate, or fall in price. That’s largely happening for prices of physical goods.

Stellantis reported a 10% annual decline in adjusted operating profit in the second half of 2023, as six-week strikes at the „Detroit Three“ automakers hampered production.

The company reported a group operating margin of 7.9%, towards the top end of its prior guidance.

Deutsche Bank analysts described the numbers as a „solid set of 4Q23 results“ and reiterated their buy rating on the stock.

Cisco announced plans to cut 5% of its workforce on Wednesday, the latest tech company to downsize this year.

TUI became the latest company to ditch its share listing in London, as shareholders voted for the German travel giant to list solely in Frankfurt.

Romance scams are run by organized criminal gangs that set up phony social media avatars and use those to connect to potential American victims.

The consumer price index rose by 3.1% in January 2024, a smaller annual increase than in December.

Sony said it now expects to sell 21 million units of the PlayStation 5 in the fiscal year ending March, down from a previous forecast of 25 million units.