"Midday Market Movers: Meta Platforms, Chipotle, Royal Caribbean, and Beyond"

Meta Platforms (parent company of Facebook) saw its shares rise 6% after reporting strong Q2 results and optimistic guidance, while Chipotle's stock dropped 8.6% as its quarterly revenue fell short of expectations. Royal Caribbean's shares surged 9% after beating expectations for Q2, boosting other cruise stocks like Norwegian. Semiconductor companies Lam Research and KLA Corp. saw their shares soar 11% and 7% respectively after delivering strong Q4 results. Defense contractor L3Harris Technologies' stock sank 8% despite a better-than-expected Q2 report, while insurance company Willis Towers Watson's shares fell 8% after reporting softer-than-expected earnings.