24H | Silver, Gold ETFs and Stocks Jump; Intel Sinks 11%; Intuitive Surgical Gains 3%; Spotify Rises 2%; Clorox and Capital One Drop 3%

Intel said on Thursday it struggled to satisfy demand for its server chips used in AI data centers, and forecast quarterly revenue and profit below market ​estimates, sending shares down 11.3% in overnight trading.

Capital One stock dipped 3% in overnight trading. The bank announced on Thursday that it agreed to acquire startup Brex for $5.15 billion, in a deal consisting of 50% cash and 50% stock. Separately, fourth quarter adjusted earnings came up short against analysts’ estimates, landing at $3.86 per share. The LSEG consensus called for $4.11 per share.

Clorox said on Thursday it would buy privately held skin health and hygiene solutions firm GOJO Industries for $2.25 billion in cash, as the Pine Sol maker looks to expand its position in health and hygiene segments. Clorox shares dropped 2.9% in overnight trading.

Alcoa stock rose 1.3% following better-than-expected fourth-quarter earnings.

Music and podcast streaming giant Spotify Technology rose 1.8% in overnight trading after Goldman Sachs upgraded the stock to buy from neutral late Thursday. 

Intuitive Surgical on Thursday beat Wall Street estimates for fourth-quarter profit and revenue on growing demand for ​its surgical robots used in minimally invasive procedures. Shares ‌of the Sunnyvale, California-based company rose 2.7% in overnight trading.

Silver, gold ETFs and stocks gained in overnight trading. ProShares Ultra Silver rose 6%; Hycroft Mining rose 5%; First Majestic Silver and Coeur Mining rose 4%; Gold Fields, Hecla Mining, Fortuna Silver Mines, iShares Silver Trust, Pan American Silver, and Endeavour Silver rose 3%; ProShares Ultra Gold rose 2%.

Life360 shares rocketed 26.7% in overnight trading after the app developer upgraded its FY25 revenue and earnings guidance.