See the companies making headlines in midday trading: Chevron — The oil major fell 2.7% after the company’s second-quarter earnings missed Wall Street estimates. Chevron reported adjusted earnings of $2.55 per share on revenue of $51.18 billion. Analysts polled by LSEG had expected earnings of $2.93 per share on revenue of $50.8 billion. Intel — The chipmaker fell more than 26% and was on track for its worst day ever after weaker-than-expected guidance and massive layoffs. Intel said it would cut 15,000 jobs and also won’t pay a dividend for the fiscal fourth quarter. Amazon — The e-commerce company’s stock fell 9% after Amazon reported a disappointing third-quarter outlook. The company now expects revenue between $154 billion and $158.5 billion in the fourth quarter, while analysts polled by LSEG had expected $158.24 billion. Apple — Shares of the tech giant jumped about 1%, one of the few stocks in the green amid Friday’s selloff, after the company reported fiscal third-quarter results that beat Wall Street expectations. Apple’s overall revenue rose 5% year over year, as iPhone, iPad and services sales beat analysts’ expectations. Snap — Shares of the parent company of Snapchat fell 26% on weaker-than-expected third-quarter guidance. Snap now expects adjusted earnings in the range of $70 million to $100 million, while analysts polled by LSEG had expected $110 million. Cloudflare — Shares rose about 7% after the information technology company raised its full-year outlook. Cloudflare now expects full-year adjusted earnings of 70 cents to 71 cents per share, up from a previous range of 60 cents to 61 cents per share. DoorDash — The food delivery stock jumped 8.3% after the company’s second-quarter revenue beat Wall Street estimates. DoorDash reported revenue of $2.63 billion, compared with analysts polled by LSEG’s forecast of $2.54 billion. Clorox — Shares rose 7.4%. The home and cleaning supplies company raised its outlook after beating its fiscal fourth-quarter earnings. Clorox now expects full-year adjusted earnings of $6.55 to $6.80 per share, while analysts polled by LSEG expected $6.45 per share. Twilio — The cloud communications company rose 12% after its second-quarter results beat analysts’ estimates on the top and bottom lines. Twilio reported adjusted earnings of 87 cents per share on $1.08 billion in revenue, while analysts polled by LSEG expected 70 cents per share on $1.06 billion in revenue. GoDaddy — Shares rose 7% after the company raised its full-year outlook. The web hosting company now expects full-year revenue of between $4.525 billion and $4.565 billion, compared with analysts polled by FactSet who were calling for $4.53 billion. Coterra Energy — Shares fell more than 5% after the company’s second-quarter earnings results missed analyst estimates. Coterra reported adjusted earnings of 37 cents per share, while analysts polled by FactSet were expecting 39 cents per share. Roku — Shares fell about 4% even after Roku’s second-quarter results beat expectations. The streaming device company reported a quarterly loss of 24 cents per share, better than analysts’ estimate of 43 cents per share, according to LSEG. Revenue of $968 million beat the consensus estimate of $938 million. Atlassian — The software company fell more than 17% after disappointing forward guidance. Atlassian now expects fiscal first-quarter revenue between $1.149 billion and $1.157 billion, while analysts surveyed by LSEG expected $1.16 billion. Microchip Technology — Shares of the chipmaker fell about 11%. Adjusted earnings for the fiscal first quarter beat analysts’ estimates, while revenue came in in line with expectations. Guidance for current-quarter earnings and revenue were below Street expectations, according to FactSet. Management cited a tough economic backdrop that led to an extended period of stock correction. – CNBC's Hakyung Kim, Sarah Min and Yun Lee contributed reporting.
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