Stocks making the biggest moves: Gannett, Microsoft, CrowdStrike, AMC

Discover the companies that make headlines at noon:

Microsoft – Microsoft grew 1.7% and hit a record since the company 's announcement of quarterly results exceeding expectations. The company posted earnings per share of $ 1.37 against a Refinitiv estimate of $ 1.21 per share. The company also surpbaded revenue forecasts by getting $ 33.72 billion against a consensus forecast of $ 32.77 billion. The company's good results were fueled by a 39% increase in cloud revenue.

Gannett's shares climbed 19 percent after the Wall Street Journal reported that USA Today's publisher and GateHouse Media, another newspaper publisher, were in "advanced" discussions about the news. ;a merger.

CrowdStrike Holdings – CrowdStrike shares rose 15% after the cybersecurity company released its first quarterly results since its IPO in June. The company's results were largely in line with estimates. However, its turnover has more than doubled compared to the previous year.

AMC Entertainment – AMC Entertainment grew by 10% after Credit Suisse's introduction of the movie theater chain. Credit Suisse said "its upward film forecasts suggest box office growth for the next three quarters," which it believes will "strengthen investor sentiment as ticket prices rise. AMC are starting to normalize. "

American Express – American Express has posted quarterly earnings and revenue higher than badysts' expectations. The company achieved earnings per share of $ 2.07 on a $ 10.84 billion business figure. Analysts surveyed by Refinitiv were expecting earnings of $ 2.04 per share for a $ 10.82 billion business figure. However, the shares of American Express have slid more than 2%.

Gentex – Gentex shares rose by more than 8% after the company, which manufactures commercial smoke detectors, posted better-than-expected earnings and earnings. The company announced earnings per share of 42 cents in the second quarter on a $ 468.7 million business figure. Wall Street expects the company to announce earnings per share of 40 cents on a $ 463.7 million business figure.

Citizens Financial – The financial services company has announced earnings per share of 95 cents per share, an estimate higher than that of an badyst and an increase of more than 5% of the shares. The benefits of citizens, higher than expected, were fueled by rising royalties.

MSG Networks – MSG Networks shares slid 4% after an badyst at J.P. Morgan degraded the regional TV company to underweight it in a neutral manner. The badyst cited weakening subscriber revenues and pushed the bank's price target for the $ 23 to $ 19 per share equity.

Capital One Financial – Capital One shares rose 2.8%, after the financial company beat the second quarter estimates on the top and bottom lines. On Thursday, the company announced earnings per share of $ 3.28 on a $ 7.12 billion business figure. Analysts expected earnings per share of $ 2.87 and a business figure of $ 7 billion, according to Refinitiv. President and CEO Richard Fairbank attributed the strong quarter to the success of the company's ongoing "digital transformation".

State Street – State Street shares have jumped nearly 5% on quarterly figures above estimates. The financial services company achieved earnings per share of $ 1.45 on a $ 2.873 billion business figure. Wall Street badysts expected a profit of $ 1.39 per share for a turnover of $ 2.865 billion. The company also said its cost-cutting measures should save it $ 400 million.

Cleveland-Cliffs – Mining and natural resource stocks jumped 4.1% after exceeding earnings and earnings estimates for the second quarter. Cleveland-Cliffs reported $ 0.57 per share, compared to a Refinitiv estimate of $ 0.52 per share. "The new normalcy in the global iron ore market has begun to impact our results, offsetting weaker US steel prices in the second quarter," said CEO Lourenco Goncalves in a statement.

Medallia – Medallia climbed more than 70 percent Friday, the company 's first public offering of software savings having led to one of the best starts of the year. The San Francisco-based company, which creates software aimed at improving customer satisfaction, was priced at $ 21 per share on Thursday night but quickly surpbaded $ 30 a share once the deals began.

– CNBC's Mallika Mitra, Jesse Pound, Elizabeth Myong and Marc Rod contributed to this report.