Intel Rallies, Procter & Gamble Rises, Deckers Outdoor Slides: Stock Movers Report

Intel's Comeback Attempt

• 💡 Intel (INTC) shares rallied, showing progress on a comeback after a rough year, with shares up as much as 5% at the open.
• ✅ The company returned to profitability and provided an upbeat revenue forecast, with fourth-quarter sales projected around $13.3 billion.
• 🚀 Investors are optimistic due to Intel securing US government investment and backing from companies like Nvidia and SoftBank, contributing to a 90% stock increase this year.

Procter & Gamble's Sales Strength

• 📈 Procter & Gamble (PG) shares rose as much as 2% following better-than-expected sales and earnings per share.
• 💄 Growth was significantly driven by beauty and grooming products, including Secret deodorant and Gillette razors.
• 💰 Consumers continued to purchase products despite price increases across most business divisions, except for baby, feminine, and family care.
• 📉 The company is undergoing changes, including workforce reductions to improve efficiency and a new CEO, while managing a reduced tariff impact.

Deckers Outdoor's Forecast Concerns

• ⚠️ Deckers Outdoor (DECK) shares slid as much as 14% after forecasting 2026 net sales below analyst estimates.
• 👟 Consumers are prioritizing essential goods like those from Procter & Gamble over discretionary items such as footwear.
• 📊 Bloomberg Intelligence suggests Deckers' 2026 forecast might be conservative, noting potential for growth in the Hoka brand and the need for more product diversity for UGG to ensure long-term success.