Tech Giants Fuel Stock Surge Amid Earnings Reports

Stocks making significant moves midday include Apple, Amazon, Reddit, GoDaddy, and IES Holdings. Apple's stock price rose by 1.3% to $142.88 per share. The tech giant's gains were driven by a positive earnings report from its largest supplier, Foxconn.

Amazon's shares also increased by 2.5% to $98.45 per share after the company announced plans to create 55,000 new jobs in the US over the next five years. This expansion is part of Amazon's efforts to boost e-commerce and cloud computing services.

GoDaddy's stock price jumped 6.7% to $54.83 per share as investors reacted positively to its quarterly earnings report. The web hosting company exceeded analyst expectations, citing strong growth in its cloud-based offerings.