These stocks were poised to make moves Thursday:

Chip giant Intel reported its second quarter earnings after the bell on Thursday, missing on the top and bottom lines and announcing a $10 billion cost reduction plan to cut 15% of its workforce and suspend dividend payments. In a release, Intel said it expects Q3 revenue of between $12.5 billion and $13.5 billion, well short of analysts' expectations of $14.3 billion. Shares of the chipmaker plummeted 20.8% in premarket trading Friday.

Nvidia shares dropped another 3% in premarket trading Friday. The U.S. Department of Justice ( DOJ ) has launched an investigation into Nvidia after complaints from competitors that it may have abused its market dominance in selling chips that power artificial intelligence, The Information reported on Thursday.

Amazon's stock fell as much as 8.2% in premarket trading Friday after the company reported third quarter sales guidance that missed analyst estimates. The company guided to a range of $154 billion to $158.5 billion in sales for the period, compared to analyst forecasts of $158.43 billion, according to Bloomberg data.

Snap shares fell more than 18% in premarket trading on Friday after the company reported guidance for the third quarter that trailed analysts ’ estimates. Snap said third-quarter revenue will be between $1.335 billion and $1.375 billion, or $1.355 billion in the middle of the range.

Payments firm Block raised its forecast for annual adjusted core earnings on Thursday and unveiled a $3 billion buyback plan, betting on resilient consumer spending and cost-cutting measures, sending its shares up 7% in premarket trading Friday.

DoorDash Inc. reported a stronger-than-expected profit forecast for the current quarter as the delivery company experiences resilient customer demand and growth from categories beyond restaurant orders. Shares surged 10.3% in premarket trading Friday.

MercadoLibre shares jumped as much as 9.5% in premarket trading Friday. The Latin American e-commerce and payments firm blew past analyst estimates in the second quarter while posting a record number of users for its fintech platform in a sign that its geographic and product expansion is picking up speed.

Software company Cloudflare raised its annual revenue and profit forecast on Thursday after a strong quarter, sending its shares up 6.9% in premarket trading Friday.

Online travel agency Booking Holdings forecast lower room nights growth in the third quarter after beating analysts' estimates for second-quarter revenue and profit, sending its shares down 7.5% in premarket trading Friday.

Roku beat Wall Street estimates for second-quarter revenue and posted smaller-than-expected loss on Thursday, benefiting from strong ad sales and the ongoing shift from cable TV to streaming platforms. Shares of the firm rose 2.1% in premarket trading Friday.

United States-listed Bitcoin miner Marathon Digital shares fell 2.6% after filing its second quarter earnings, which fell short of Wall Street expectations.