Check out the headlines from these companies in midday trading: NVIDIA, SHERWIN-WILLIAMS – Shares each rose more than 1% and about 3% on the announcement that both would join the Dow Jones Industrial Average. NVIDIA plans to replace rival chipmaker Intel, while paint maker Sherwin-Williams will replace Dow Inc. Intel shares slid more than 4%, and the Dow Jones fell 2.7%. Berkshire Hathaway – Warren Buffett’s conglomerate said third-quarter operating income totaled $10.1 billion, 6% lower than a year earlier. It was also slightly below analyst poll forecasts on Factset. Talen Energy – The independent power producer withdrew about 3% after the Federal Energy Regulatory Commission rejected a request to increase the amount of power the Susquehanna nuclear plant can send to Amazon data centers. Talen owns the nuclear power plant and sold the data center campus to Amazon in March in an unprecedented deal. Shares of Constellation Energy and Vestra fell about 11% and 3%, respectively. Investors expect Constellation and Vistra to announce similar deals with technology companies at some point. Marriott International – Shares of the hotel company fell nearly 2% on disappointing third-quarter earnings and forward guidance. Marriott reported adjusted revenue of $2.26 per share on revenue of $6.26 billion. Analysts estimated revenue of $2.31 per share on revenue of $6.27 billion. Guidance for Season 4 comes in the Streets’ estimation. PELOTON – Shares of the exercise equipment company gained 4% after being upgraded to buy from Bank of America on underperform. The bank believes that under new CEO Peter Stern, Peloton can improve earnings before interest, taxes, depreciation and amortization over the next few years. YUM China Holdings Inc. – The Shanghai-based fast-food company rose 8% after reporting top- and bottom-line gains in the third quarter. YUM China reported revenue up 5% year over year to $3.07 billion, an all-time quarterly high. Fox Corp. – The media company beat Wall Street’s first-quarter estimates, sending shares up nearly 4%. Fox Corp.’s adjusted earnings were $1.45 per share on revenue of $3.56 billion. That beat the $113 and $3.38 billion in earnings per share expected by analysts polled by Factset. CHEWYCLE – Chewy will replace STERICYCLE in the S&P 400, effective Friday, the pet retailer said on Friday’s index. NEW YORK TIMES – Shares of the media company fell 6% as The New York Times added more digital subscribers than expected in the third quarter, even as its digital ad sales grew at their strongest in more than two years. The New York Times Tech Association also announced Monday morning that it was officially on strike over unfair labor practices. —CNBC’s Michelle Fox, Lisa Kailai Han, Pia Singh, Sean Conlon and Samantha Subin contributed reporting.
