Check out the corporations making the biggest moves noon: Semtech — The semiconductor maker rallied 17% on better-than-expected second-quarter outcomes and robust third-quarter income steering. The firm posted a Q2 revenue of 41 cents per share, excluding sure objects, on income of $27.6 million. Analysts anticipated earnings of 40 cents per share on income of $256.1 million. For the third quarter, Semtech expects income of $266 million. Cracker Barrel Old Country Store — Shares climbed 4.5%, rebounding after seven straight days of losses on widespread backlash to its new brand and rebranding. On Tuesday, President Donald Trump weighed in on the controversy , saying the restaurant ought to return to its outdated brand. Paramount Skydance — The media firm shed 4%, giving again a few of its sharp beneficial properties for the month. Paramount shares are up 21% in August. Brown-Forman — The whiskey maker shed 4% after asserting chief monetary officer Leanne Cunningham, a 30-year firm veteran, will retire on May 1, 2026 . The inventory has misplaced greater than 20% 12 months thus far because it grapples with the impression of tariffs . EchoStar — The telecommunications inventory surged 80% after AT & T stated it might purchase some wi-fi spectrum licenses from EchoStar for $23 billion. AT & T stated the transaction ought to shut someday in mid-2026. AT & T misplaced greater than 1%. Eli Lilly — The pharma large rose 2% after the firm’s weight reduction capsule, orforglipron, cleared one other late-stage trial . The greater dose of the capsule helped sufferers lose 10.5% of their weight on common at 72 weeks, in comparison with simply 2.2% weight reduction in the placebo group. Canada Goose , VF Corp , Rocky Brands — The retail shares all traded greater after being upgraded to outperform by Baird. Canada Goose popped practically 6% together with VF Corporation. Rocky Brands outperformed, hovering 12%. Advanced Micro Devices — The semiconductor inventory gained 1% following an improve to purchase from maintain at Truist. Analyst William Stein famous that hyperscale prospects have been more and more partnering with the firm and “expressing true interest in deploying AMD at scale.” Oklo — Shares popped practically 5% after Bank of America initiated the nuclear tech firm at a purchase score. Analyst Dimple Gosai stated nuclear is an trade that’s regaining momentum, and Oklo appears to be like particularly “well-positioned to meet the rising energy needs of AI.” Constellation Brands — The beer distributor shed 2% after Bank of America downgraded it to underperform from impartial. The financial institution stated Constellation’s gross sales and margins might be impaired by additional draw back potential in beer trade consumption. — CNBC’s Sarah Min, Michelle Fox, Lisa Han and Alex Harring contributed reporting.