Activision Blizzard, Dish Network, Tesla

Discover the companies that make the headlines Friday noon:

Newell Brands – Newell Brands shares climbed more than 11% after the company beat Wall Street's estimates of its first quarter results. The manufacturer of Rubbermaid containers and Elmer's glue announced a profit of 14 cents per share. Analysts surveyed by Refinitiv expected a profit of 6 cents per share.

CBS – The media company's shares fell by nearly 2.3% after reporting quarterly earnings below analysts' expectations. CBS achieved a turnover of $ 4.17 billion for the first quarter, while analysts surveyed by Refnitiv were expecting a turnover of $ 4.3 billion.

Activision Blizzard – Activision Blizzard shares fell 5.4% a day after the company said its monthly active users had dropped nearly 8% from the same period last year. This decline overshadowed the higher than expected first quarter earnings.

Expedia – The travel site's stock dropped 2.3% after the company reported lower-than-expected occupancy rates at its affiliated hotels. Overnight stays, a key measure for the hotel sector, increased by 9% in the first quarter. Analysts surveyed by Refinitiv forecast growth of 9.4%. Revenues for the quarter also disappointed investors.

Gilead Sciences -Gilead Sciences grew 3.2% after revenue from its HIV drug, Biktarvy, canceled expectations, raising $ 793 million, up $ 111 million from expectations. The pharmaceutical company also announced earnings per share of $ 1.76, 15 cents higher than the Refinitiv estimate.

Shake Shack – Shake Shack jumped 4.1% after the company announced comparable store sales exceeding analysts' expectations. Burger Joint posted 3.6% revenue growth in the first quarter, while analysts surveyed by Refinitiv were only expecting an increase of 0.9%.

United States – The company's shares jumped more than 10% as quarterly results exceeded analysts' expectations. US Steel reported earnings per share of 47 cents, easily exceeding a 22-cent Refinitiv estimate. First quarter revenues also exceeded expectations.

Walmart – Walmart shares rose 1% after an analyst at Bernstein upgraded the retailer's stock to outperform market performance, noting that Walmart could post an "out-of-the-money" performance in the market. ;to come up.

Tesla – The shares of the maker of electric cars rose 4.5% after the company announced an increase in the size of the stock and bond offer. Tesla said it was expected to raise $ 2.7 billion of capital, which would also include $ 25 million from CEO Elon Musk.

Dish Network – The shares of the US TV provider rose nearly 4% despite the release of disappointing quarterly results. Dish Network reported earnings per share of 65 cents on revenue of $ 3.187 billion. Wall Street was expecting a profit of 66 cents a share for a turnover of $ 3.188 billion, according to Refinitiv.

– Nadine El-Bawab, Matt Lavietes and Jessica Bursztynsky of CNBC contributed to this report.