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See the companies making headlines in midday trading: Spotify Technology — Shares jumped 12% after the music streaming company reported better-than-expected second-quarter earnings. Gross margin and operating income also beat expectations. Analysts said they remained cautiously optimistic despite the decline in monthly active users, pointing to strong margin performance and the company’s focus on premium packages and subscriptions. United Parcel Service — The package delivery company fell more than 12%, hitting a new 52-week low, after reporting both revenue and net income missed in the second quarter. UPS reported earnings per share of $1.79 on revenue of $21.80 billion. Analysts polled by LSEG estimated earnings per share of $1.99 on revenue of $22.18 billion. The stock is also headed for its worst day on record. MSCI — Shares jumped more than 9% after the company reported second-quarter earnings that beat Wall Street estimates. MSCI reported earnings of $3.64 a share, excluding items, on revenue of $707.9 million. That was higher than the $3.55 a share on revenue of $696.4 million that analysts surveyed by FactSet expected. Pentair — The water treatment company rose more than 7%, putting its shares on track for a record close. Pentair beat expectations in the second quarter, reporting earnings of $1.22 a share, excluding items, compared to the FactSet consensus estimate of $1.14 a share. Revenue also beat estimates. Additionally, Pentair raised its guidance for the full year. NXP Semiconductors — Shares fell more than 9% after the company missed earnings estimates for Q2. NXP Semiconductors posted adjusted earnings of $3.20 a share, below the LSEG consensus estimate of $3.21 a share. However, revenue of $3.13 billion was in line with estimates. Crown Holdings — Shares jumped more than 8% after the packaging company beat its Q2 earnings. Crown posted earnings of $1.81 a share, beating the FactSet consensus estimate of $1.59 a share. While the company’s revenue of $3.04 billion was just below the consensus estimate of $3.06 billion, Crown raised its full-year guidance, beating expectations. Danaher — Shares rose more than 6% after the company reported earnings of $1.72 a share, excluding items, on $5.74 billion in revenue. That was above the FactSet consensus estimate of $1.57 a share on revenue of $5.59 billion. CEO Rainer Blair said in a statement that the company was “particularly pleased with the sustained positive momentum in our bioprocessing business and with the strong performance at Cepheid, which we believe regained market share in molecular testing this quarter.” Inter Parfums — Shares rose more than 6% after the fragrance maker posted record net sales in the second quarter. The company also restated its full-year earnings and revenue, noting that sales continued to grow at a slower pace than sales. Comcast — Shares fell 5% after the company reported mixed results. Despite posting adjusted earnings of $1.21 a share, beating LSEG’s consensus estimate of $1.12 a share, second-quarter revenue of $29.69 billion fell short of the $30.02 billion expected. Zions Bancorporation — Shares rose 5.8% after second-quarter earnings beat Wall Street forecasts. The regional bank earned $1.28 a share, above the consensus estimate of $1.10 a share from analysts polled by LSEG. General Motors — Shares of the auto giant fell more than 6% after the company said it would further slow its plans for all-electric vehicles by further delaying its second U.S. electric truck plant and the first electric vehicle for its Buick brand. A six-month delay in retooling its Michigan electric truck plant also means GM will miss its previous goal of producing one million electric vehicles in North America by 2025. GE Aerospace — Shares jumped more than 7% after the aerospace company beat second-quarter earnings expectations. The company reported adjusted earnings of $1.20 a share on revenue of $9.09 billion. Analysts had expected earnings of 99 cents a share on revenue of $8.46 billion, according to LSEG estimates. Sherwin-Williams — Shares jumped more than 4% after the company posted better-than-expected second-quarter earnings. Sherwin-Williams reported earnings of $3.70 a share, excluding items, above the $3.49 a share expected by analysts polled by FactSet. Revenue, however, came in below expectations at $6.27 billion, compared with the FactSet consensus estimate of $6.33 billion. The company also slightly raised its full-year earnings forecast and expects low single-digit revenue growth for both the third quarter and the full year. Lockheed Martin — Shares rose about 3% after the defense company beat earnings and revenue expectations. Lockheed Martin also raised its full-year earnings and revenue forecast. — CNBC’s Alex Harring, Yun Li and Hakyung Kim contributed reporting. Disclosure: Comcast owns NBCUniversal, the parent company of CNBC.