Check out the companies making headlines in midday trading.

Harley-Davidson — Shares of the motorcycle company climbed 13% after Harley reported quarterly earnings beat top- and bottom line estimates. The Wisconsin company said higher shipments and strong pricing helped its performance.

Rollins — The pest control services company jumped 10% following strong Q3 earnings. Rollins posted earnings of 22 cents per share, compared to FactSet estimates of 21 cents per share. Revenue came in at $729.7 million for the quarter. against analysts' $714.9 million estimate, according to FactSet.

Spotify — Shares of the streaming audio company fell more than 8% after Spotify reported a wider-than-expected Q3 loss. The per share loss was 0.99 euros per share on 3.04 billion of euros in revenue. Analysts surveyed by Refinitiv were expecting a loss of 0.85 euros per share and 3.02 billion of euros in revenue. Spotify's gross margin declined year over year even as subscribers grew.

Hess Corp — The oil and gas explorer saw shares increase 5% midday following a better-than-expected quarterly earnings report, according to FactSet. Hess also reported Guyana net production of 98,000 barrels of oil per day, compared with 32,000 in the prior-year quarter.

Carnival Corp — The cruise company saw its shares add 3% after announcing the closing of $2.03 billion of senior priority notes due 2028, issued by one of its subsidiaries for refinancing.

Alphabet — Shares of the Google parent slipped 6% Wednesday after it reported quarterly results that missed Wall Street's expectations on the top and bottom lines. A revenue miss for YouTube ads weighed on the quarter. Alphabet also said it would reduce headcount going forward.

Microsoft — Microsoft fell about 5%, one day after the maker of Windows software released its fiscal first-quarter earnings and offered weak guidance for the quarter ending in December. The drop came despite Barclays analysts'; comments Wednesday, which said management is still guiding for revenue and profit that "should ensure relative outperformance."

Visa — Shares jumped 5.4% after the credit card company beat expectations on the top- and bottom lines in its most recent quarter, and raised its dividend by 20%. Visa reported earnings of $1.93 per share on revenue of $7.79 billion. Analysts surveyed by Refinitiv were forecasting earnings of $1.86 per share on revenue of $7.55 billion.

Discover Financial Services — The financial services stock gained 3.5% following an upgrade to overweight by Morgan Stanley. The bank said Discover can use its excess capital to restart its buyback program.

Biogen — Biogen shares gained 3% after Goldman Sachs upgraded the biotech stock Wednesday, saying it has a lot more potential upside thanks to positive new data around the company';s early Alzheimer's drug. Goldman also raised its price target on Biogen, implying about 35% upside from where it closed Tuesday.

Chipotle Mexican Grill — Shares of the chain dropped 2.5% despite Q3 earnings that beat analyst expectations. CMG reported revenue of $2.22 billion versus the $2.23 billion expected by analysts surveyed by Refinitiv. Chipotle raised menu prices during the quarter, offsetting decreased traffic. FactSet noted analysts'; concern that higher prices might eventually hurt comparable sales.

 — CNBC's Jesse Pound, Carmen Reinicke, Michelle Fox, Sarah Min and Samantha Subin contributed reporting