Check out the companies making the biggest moves midday: Qualcomm — The chipmaker soared more than 11% after announcing artificial intelligence processors to compete with AMD and Nvidia . The AI chips are a shift for Qualcomm , which has previously focused on semiconductors for wireless connectivity and mobile devices, not massive data centers. Intellia Therapeutics — The clinical stage genome editing company plunged 45% after pausing patient dosing and screening for its MAGNITUDE and MAGNITUDE-2 Phase 3 clinical trials. FTI Consulting – The management consultant rose more than 5%. CEO Steven Gunby disclosed in a security filing that he bought 7,500 shares at $151.12 each. This comes after the company posted third-quarter earnings of $2.60 per share on revenue of $956.2 million, versus Street estimates of $1.99 and $945.1 million, based on analysts polled by FactSet. Fermi — The AI data center developer briefly climbed as much as 9% before giving back the entire gain. Mizuho, Stifel, UBS and Rothschild & Co. Redburn began research coverage after Fermi’s Sept. 30 IPO at $21 per share, assigning price targets ranging from between $27 to $31. Fermi has no revenue, but analysts are bullish on its deals to produce nuclear-power reactors for an AI data center campus in Texas. UBS, Evercore ISI, Cantor and Mizuho led Fermi’s IPO. Shares most recently were off 1.1%. Dyne Therapeutics —The RNA-based treatment maker soared 41% after Novartis agreed to buy Dyne rival Avidity Biosciences for $12 billion in cash . Avidity Biosciences — Avidity Biosciences soared more than 42% after the Novartis sale agreement at $72 a share, 46% above Friday’s close. Organon — The women’s health-focused drugmaker spun off by Merck in 2021 said CEO Kevin Ali resigned after an internal investigation found “improper” sales practices for its Nexplanon contraceptive implant. Shares plunged 22%. Snowflake — The cloud data provider stock added 3% after it reaffirmed third-quarter product revenue guidance of between $1.125 billion to $1.13 billion, and full-year revenue of $4.395 billion, both originally issued in late August. Doximity — The digital medical platform popped surged more than 4% on the heels of a Bank of America upgrade to buy from neutral. The bank said a shift in spending to the health care provider channel can result in faster revenue growth. Huntington Bancshares — Ohio-based Huntington dropped as much as 4% after agreeing to buy Cadence Bank (up 5.2%) for $7.4 billion in stock. American Water Works — The New Jersey-based utility declined 1.4% on plans to buy Essential Utilities in an all-stock deal that will leave American as the majority holder in a new $40 billion company. Rare earth miners — Treasury Secretary Scott Bessent said Sunday he expects China to delay imposing strict rare earth export controls as part of a tentative trade deal with the U.S.. United States Antimony tumbled 22%, Critical Metals plunged 15%, USA Rare Earth slid 9%. MP Materials was off 8% and Energy Fuels by 11%. Janus Henderson — Shares climbed 13% after Nelson Peltz’s Trian Fund Management said it’s working with investment firm General Catalyst to buy the remaining shares of Janus Henderson it doesn’t already own . The buyout offer values the asset manager at about $7 billion, according to Bloomberg, which cited people familiar with the matter. Lululemon Athletica — The athletic apparel maker gained 2% after partnering with the National Football League and Fanatics to launch an apparel collection for NFL teams. Nvidia — The leading AI chipmaker rose almost 3% after Bessent said President Donald Trump and Chinese President Xi Jinping are set to reach a deal to avoid a new 100% U.S. tariff on Chinese goods. Gold miners — Gold prices fell Monday amid a potential trade truce between the U.S. and China, driving down Newmont , Coeur Mining and Hecla Mining by between 5% and 7%. Five Below — The discount retailer rose more than 2% after JPMorgan upgraded the stock to overweight, citing strong Halloween sales as a catalyst. Carter’s — The children’s clothing company rose 2.7% after third-quarter earnings per share excluding one-time items and operating income both beat Wall Street consensus estimates, according to FactSet data. Keurig Dr Pepper — The 7-up maker climbed 7% third-quarter revenue of $4.31 billion topped the $4.15 billion expected from analysts polled by FactSet. Keurig Dr Pepper also raised its full-year guidance to high-single-digit revenue growth from mid-single-digit revenue growth. Revvity — The biotechnology company dropped 3% following a third-quarter revenue miss. Revvity reported $699 million in revenue, versus the $699.4 million consensus estimate, according to FactSet. It also lowered its revenue guidance to between $2.83 billion and $2.88 billion from its prior guidance of $2.84 billion and $2.88 billion. Harley-Davidson — The motorcycle maker fell 4% after Morgan Stanley cut it to underweight from equal weight, citing lower pricing power and weak secular trends. Life Time Group Holdings — Morgan Stanley upgraded the health and fitness company to overweight from equal weight, sending shares nearly 5% higher. The firm’s analysts expect upside consensus estimates as new club growth improves membership trends. DoorDash — The delivery stock rose 2% after Goldman Sachs reinstated coverage at a buy. Goldman said industry research shows positive momentum in deliveries and called DoorDash a category leader. Beyond Meat — The meme stock moved 9% lower after more than tripling last week. — CNBC’s Lisa Kailai Han, Michelle Fox, Sean Conlon, Pia Singh, Alex Harring, Yun Li, Sarah Min and Liz Napolitano contributed reporting. 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