Carl Quintanilla, Jim Cramer and David Faber focused on a barrage of earnings, including results in the chip sector: Shares of Qualcomm and 

Arm Holdings down sharply despite better-than-expected quarterly results. Apple supplier Skyworks Solutions plunged on revenue guidance. 

A pair of auto stocks also under pressure: Tesla hurt by weak sales in Europe, while Ford's full-year guidance overshadowed a Q4 beat.

Honeywell CEO Vimal Kapur joined the program to discuss the Dow component's decision to split into three independent companies.

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