Stocks making the biggest moves midday: ServiceNow, Salesforce, Southwest, Carnival & more

January 29, 2026

TL;DR

ServiceNow's stock fell 11% despite better-than-expected results, as investors worried about AI competition.
Other software stocks like Atlassian, Datadog, Salesforce, and Workday also declined due to AI disruption fears.
United Rentals reported disappointing fourth-quarter results, causing its stock to fall 14%.
Tesla's stock dropped over 2% after announcing its first annual revenue decline and a shift in focus towards robots and driverless cars.
Royal Caribbean's stock surged 15% after providing strong first-quarter earnings guidance.
Meta Platforms' shares jumped 8% on upbeat first-quarter sales forecasts, despite a larger-than-expected operating loss in its Reality Labs unit.
Southwest Airlines rallied 13% with a forecast for significant profit growth in 2026.
Caterpillar and IBM reported better-than-expected fourth-quarter results, leading to stock price increases.
Microsoft's stock fell 12% due to slowed cloud growth and cautious guidance.
Las Vegas Sands and L3Harris saw stock price declines despite some positive financial metrics.
International Paper shares fell 7% after announcing a plan to split into two companies.
Lockheed Martin's stock rose 5% following strong fourth-quarter financial results and positive full-year guidance.

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