Here are some of the companies making headlines in midday trading. Alphabet — The Google parent fell 6% after it increased its capital expenditures outlook for the year to bolster its artificial intelligence capabilities. Alphabet expects to spend between $195 billion and $205 billion in 2026, up from a previous guidance of as much as $190 billion. Amazon , Microsoft — Both hyperscalers slid after Alphabet lifted its outlook for capital expenditures and investors grew worried about spending around artificial intelligence. Amazon shares slid 4%, while Microsoft lost more than 2%. Honeywell Technologies — The industrials giant popped 5% after raising its 2026 outlook for adjusted earnings per share and non-GAAP segment margin. Second-quarter results also surpassed estimates on the top and bottom lines. Roper Technologies — Shares of the software company advanced roughly 6% after Roper lifted its full-year guidance. The company sees adjusted earnings for the year ranging from $22.15 to $22.30 per share, beating the FactSet consensus estimate of $21.91 per share. Southwest Airlines — The airline was down more than 4% after its third-quarter forecast missed Wall Street's expectations. Dover — The industrial equipment producer dropped nearly 8% after its Q2 results failed to impress investors. Dover earned an adjusted $2.74 per share on revenue of $2.19 billion. Cleveland-Cliffs — The steel manufacturer popped 20% after it reported better-than-expected second-quarter results. Cleveland-Cliffs lost 20 cents per share, excluding certain items, on revenue of $5.23 billion. Analysts polled by FactSet expected a loss of 21 cents per share on revenue of $5.15 billion. The company also issued Q3 EBITDA guidance that topped estimates. United Rentals — The equipment rental company rose 11% after raising its full-year outlook, calling for revenue in a range of $17.5 billion to $17.8 billion, beating analysts' forecast for $17.27 billion, per FactSet. Earnings and revenue in the second quarter also surpassed estimates. Tesla — Shares were down nearly 14% after the electric vehicle company reported a 142% surge in capital expenditures from the year-ago quarter. Second-quarter earnings also fell short of expectations. Tesla's free cash flow turned negative as margins came under pressure. Lockheed Martin — The defense giant popped 11% after it reported better-than-expected results for the second quarter. Lockheed earned $7.94 per share on revenue of $20.06 billion. Analysts polled by FactSet expected a profit of $7.19 per share on revenue of $19.34 billion. The company also hiked its full-year earnings outlook. Texas Instruments — The chipmaker reported second-quarter results that beat the Street. Earnings per share came in at $2.14, exceeding an LSEG forecast of $1.93 per share. Revenue of $5.46 billion topped a consensus estimate of $5.25 billion. Shares were down 4%, however. Albertsons — Shares tumbled 22% after the grocery store chain reported much weaker-than-expected earnings for its fiscal first quarter. The company earned an adjusted 42 cents per share, while analysts polled by FactSet expected a profit of 54 cents per share. Albertsons also slashed its full-year earnings outlook. Eli Lilly — The pharmaceutical company said it will apply for approval for a next-generation obesity drug in the first quarter of 2027 after successful outcomes in two late-stage trials. In one trial, adults with obesity and established cardiovascular disease lost 55.8 pounds or up to an average of 22.6% of their weight at 80 weeks, the company said in a release. Shares added 1%. American Airlines — Shares were down 8% after the airline operator cut its full-year earnings outlook due to higher fuel costs . Rollins — The pest control company dropped about 10% after second-quarter results fell short of Wall Street's expectations. Rollins posted earnings of 30 cents per share on revenue of $1.08 billion, while the FactSet consensus called for 34 cents a share and $1.09 billion in revenue. Management pointed to slower growth in parts Rollins' residential pest control business as a factor in the results. CSX — The railroad operator's stock jumped 5% as strong demand for intermodal shipments and higher prices led to better-than-expected second-quarter results. CSX earned 54 cents a share, two cents better than analysts expected, according to FactSet. Revenue rose 10% to $3.94 billion, outpacing the $3.89 billion expected. Hims & Hers — Shares rallied 11% after a Food and Drug Administration panel voted in favor of adding the peptide BPC-157 to a list that would allow for greater pharmacy compounding. CNBC's Nick Wells, Fred Imbert, Tanaya Macheel and Darla Mercado contributed reporting.