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The Stock Movers Report, your roundup of companies making moves in the stock market. Harnessing the power of Bloomberg Data.
Let's take a look at some stocks on the move today. I'm Nathan Hager, joined by Bloomberg's Valerie Titel. On a Friday morning, it feels like Friday. Everybody's happy this morning, especially Intel investors for a change. Good morning, val Hey, Good morning Nathan.
Happy CPI Friday to you. Don often get to say that Intel shares in the green up nearly eight percent on the back of earnings, which show that they have returned to profitability. They also gave a encouraging forecast after seeing the PC market rebounding. It is suggesting that this chip maker is making progress in a long and challenging
comeback attempt. Now it seems like it is on the right track, but it's also been on the right track ever since that US government at stake had made it one of the works first performing chip stocks into one of the best. Intel shares are up some ninety percent year to date, and possibly today we can make that one hundred percent. With this pre market move of Intel up seven point nine percent.
Also in the green after earnings.
Ford for It is up over over four percent in the pre market trade. They did beat on profit and investors we're excited to hear they do have plans to boost back their F one fifty and super truck production as it plots a rebound from a fire that took out a key aluminum supplier earlier this year that did hamper sales of its very highly profitable F series of pickups.
On the back of that fire, they did cut their guidance, but it does seem to be that investors are comforted that they do have a rebound plan in order to get production back online. The CEO also had some pretty decent things to say on tariff, saying the impact is looking more reasonable for the company. So Ford up higher after this beat on profit, up four percent.
Now there are some stocks in the red this morning, including deck Outdoor after earnings. I guess investors are saying ug, yes.
They are Deckers, the maker of Hoka running shoes and ug boots, as you mentioned, is in the red, down thirteen percent. They did lower their guidance and the company is saying they are seeing some effects of tariffs on the US consumer. The CFO said that Deckers expects consumers to act increasingly cautious over the next few months, and that of course includes the key holiday season. So they are expecting a cautious consumer ramping up into the holiday season,
which is not great for Decker's outlook. And the shares are down thirteen percent.
Yeah, very interesting outlook there. Ahead of that CPI data later this morning as well, and we've got some confirmation this morning that has Alphabet shares moving. What's going on there.
Alphabet shares up one point four percent. Now, this comes after a confirmation that Google Cloud has got a big new contract Andthropic has confirmed that is teaming up with Google.
Google Cloud in a deal that could be worth billions of dollars is something that we reported earlier this week, but we now got confirmation from the Anthropic side that they intend to use Google Cloud capacity in order to train and serve the next generation of their Cloud LLM models, and they'll give given an access of more than a gigawatt of extra capacity.
In this deal.
So Google shares outperforming the Max seven this morning on the back of this confirmation of one point four percent.
The Stock Movers report from Bloomberg Radio. Check back with us throughout the day for the latest roundup of companies making news on Wall Street, and for the latest market moving headlines. Listen to Bloomberg Radio Live, catch us on YouTube, Bloomberg dot com, and on Applecarplay and Android Auto with the Bloomberg Business app.