On this episode of Stock Movers:
- Intel (INTC) shares plunge after Chief Executive Officer Lip-Bu Tan gave a lackluster forecast and warned that the chipmaker was struggling with manufacturing problems. The stock closed Thursday at the highest level since 2022.
- Array Technologies (ARRY) and Solar stocks are extending gains after Elon Musk commented on solar-powered satellites in his Davos talk on Thursday.
- Capital One Financial Corp. (COF) falls after the bank reported adjusted earnings per share for the fourth quarter that missed the average analyst estimate, driven by higher-than-expected costs. The firm also said it agreed to acquire Brex.

Ulta Beauty Sinks, Bumble Soars, Adobe Drops
04:14

Closing Bell: Palantir Rises, Bumble Soars, Dollar General Drops
04:47

Blue Owl Capital Drops, Bumble Soars, Dollar General Falls as Outlook Disappoints
04:03