Intel ($INTC) has topped the average EPS estimate in five straight reports. This morning it's down 25.7% in premarket trading, almost three times the 8.9% move options priced in and bigger than any of its last four report moves. Adjusted EPS was $0.52 vs. $0.40 expected. Intel guided fourth-quarter revenue to $15.0 billion to $16.0 billion, below the $16.5 billion it reported for the third quarter, and adjusted EPS to $0.25. Its CFO said Intel sees the PC slowdown continuing at least through the first half of next year. Sandisk ($SNDK) is down 9.1% against a 7.7% implied move. Adjusted EPS was $49.51 vs. $46.41 expected, and revenue $11.03 billion vs. $10.70 billion. It announced an 8-for-1 stock split. Yesterday we noted that Amazon's implied move was worth more than all of Sandisk. Amazon ($AMZN) is down 7.4%, inside its 8.1% implied move, and that is about $196 billion of market value, slightly more than Sandisk's entire value at Thursday's close. EPS was $1.89 vs. $1.96 expected. AWS revenue grew 39% to $46.0 billion, its fastest growth in nearly five years. Exxon Mobil ($XOM) is up 1.7%, less than its 2.6% implied move but more than any of its last four report moves. Adjusted EPS: $4.23 vs. $4.03 expected. It announced $20 billion of share repurchases for 2027. Chevron ($CVX) is up 1.5% against a 2.6% implied move. Adjusted EPS: $5.28 vs. $4.83 expected. Its U.S. refineries ran record crude throughput. SkyWest ($SKYW), which lists only monthly options, reported EPS of $3.08 vs. $3.07 expected and revenue of $1.12 billion vs. $1.14 billion. It bought back $75 million of stock in the quarter. Across the week, we logged the implied move before 15 reports: nine stocks moved less, six moved more. Intel's gap is the widest so far.