The market is weird. It might have jumped because the market was pricing in a faster decline and it beat expectations, causing a correction. It could also be

The market is weird. It might have jumped because the market was pricing in a faster decline and it beat expectations, causing a correction. It could also be because earnings reports are times of higher volatility for a stock, and people will use derivatives to make certain bets around it. And then the earnings results can cause them to take decisive action to exit those positions, which might not be happening in the spot market but the spot market can feel the ripple effects of big movements in derivatives. Or maybe a bunch of meme investors are buying intel because it had good news and there's nothing more sophisticated than that. The market is weird, and it's especially weird on short time scales. Let's wait a week and see where they land.