Here’s a look at the companies making headlines in midday trading: Oracle — Shares of the software maker rose more than 13% to an all-time high after the database management company announced cloud deals with Google and OpenAI. Oracle said it will move its database to Google’s cloud in November. It is also partnering with Microsoft and OpenAI to provide additional computing power. Investors shrugged off Oracle’s disappointing fourth-quarter results, which fell short of Wall Street expectations. Apple — Shares of the iPhone maker rose nearly 3%, briefly surpassing Microsoft in market value. It comes after Apple shares jumped 7.3% on Tuesday after unveiling its artificial intelligence plans, called Apple Intelligence, during a developer conference. Rentokil Initial — Shares of Terminix parent Rentokil jumped 13.7% after Nelson Peltz’s Trian Partners acquired a significant position in the pest control supplier. A Trian spokesman told CNBC on Tuesday that the firm, which is currently one of Rentokil’s top 10 shareholders, wants to work with management on “ideas and initiatives to enhance shareholder value.” Klaviyo – Shares in Marketing Automation jumped 3.9% after Barclays upgraded its rating to overweight from equal weight. Barclays called the shares a “rare bright spot” compared to peers. Broadcom – Shares of the semiconductor company rose more than 2% to a record ahead of quarterly results due after the bell on Wednesday. The stock is up more than 33.5% this year. Casey’s General Stores. The convenience store chain rose nearly 17% after earnings and revenue beat analysts’ estimates after trading on Tuesday. Casey’s reported fiscal fourth-quarter earnings per share of $2.34, compared with $1.72 expected by analysts polled by FactSet. Revenue was $3.6 billion versus consensus estimates of $3.47 billion. Lennar, KB Home – Shares of homebuilders rose 1.8% and 2.6%, respectively, after UBS affirmed buy ratings on both companies after period of low dynamics. In addition to mixed economic data and volatile mortgage rates, analyst John Lovallo said the group could be hurt in some markets by rising existing home inventories. Taking that into account, he said housing affordability remains historically low. Lennar and KB Home are set to report earnings results next week. Confirmed: Shares of the fintech company jumped about 5.8% after a lower-than-expected CPI reading in May. Shares of the non-bank lender are up more than 20% this week following news that its buy now, pay later loans will be built into Apple Pay for iPhone and iPad users in the US later this year. Taiwan Semiconductor Manufacturing – Shares jumped more than 4% after Bank of America raised its price target on Taiwan Semiconductor, saying the investment case for the chipmaker is stronger now that Apple has announced its push into artificial intelligence. Taiwan-based Semiconductor is an “indispensable and reliable partner” for the iPhone maker, the bank said. — CNBC’s Alex Harring, Yoon Lee, Pia Singh, Sarah Min and Michelle Fox contributed reporting.