Today's Morning Movers and Top Ratings: INTC, TSLA, PARA, PEP and More

$Paramount Global-B(PARA.US)$ 's shares increased by 2.5% following reports that the company might enter exclusive sale discussions with Skydance.

$Dave & Buster's Entertainment(PLAY.US)$ 's shares surged by 5% after the company raised its share repurchase authorization to $200 million, despite reporting weaker-than-expected fourth-quarter earnings and revenue.

$Cal-Maine Foods(CALM.US)$ shares climbed by 7% after reporting earnings per share of $3 and $703 million in revenue for the latest quarter, with market prices moving higher due to the impact of avian influenza and seasonal fluctuations, along with a 3% rise in sales volumes.

$Intel(INTC.US)$ 's shares dropped more than 4% after the company revealed a $7 billion operating loss in its semiconductor manufacturing business for 2023, an increase from the previous year's $5.2 billion loss.

$Tesla(TSLA.US)$ 's shares fell about 1% after Guggenheim and Deutsche Bank cut their price targets on the stock following Tesla's report of weaker-than-expected first-quarter delivery numbers.

$Wolfspeed(WOLF.US)$ 's shares decreased by 2% following Wells Fargo's downgrade of the stock to equal weight from overweight, due to Tesla exposure affecting growth, and reducing its price target to $30 per share.

$Ally Financial(ALLY.US)$ 's shares declined by 2% after Morgan Stanley downgraded the stock to underweight, with the analyst noting limited upside potential based on the current valuation. The lender's stock had previously soared more than 50% since early October.