On this episode of Stock Movers:
- Intel (INTC) shares rallied in the premarket session after the chipmaker returned to profitability and gave an upbeat revenue forecast, suggesting that it’s making progress on a long and challenging comeback attempt. Fourth-quarter sales will be roughly $13.3 billion, the company said in a statement Thursday. Though that was just below Wall Street’s average estimate, some analysts were still including revenue from a unit that Intel just spun off — money that wasn’t part of the company’s forecast.
- Proctor & Gamble (PG) shares gain in premarket trading after the company reported better-than-expected sales for its first quarter as consumers brushed off price increases and snapped up its Gillette razors and Secret deodorant. The company also cut its projected impact from tariffs in half. The Cincinnati, Ohio-based company reported 2% organic revenue growth for the period — above the average analyst estimate. That measure strips out currency volatility and the impact of acquisitions. Revenue and earnings per share also surpassed expectations.
- Deckers Outdoor (DECK) tumbles in the early session after the owner of the Ugg and Hoka brands forecast 2026 net sales below the average analyst estimate. Analysts note the management annual outlook might be conservative. Hoka is still at an early stage internationally, with room to grow into a multibillion-dollar running-shoe brand, while Ugg's long-term opportunities lie in more product diversity and seasonal mix.
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