Stock Movers: Intel Surges, Ford Climbs, Alphabet Edges Higher on AI Deal

Intel's Comeback and Profitability

• 💡 Intel shares surged nearly 8% following earnings that showed a return to profitability and an encouraging forecast, indicating progress in its comeback attempt.
• 📈 The chipmaker's stock is up approximately 90% year-to-date, with potential to reach 100% following this pre-market move.

Ford's Production Rebound and Earnings Beat

• 🚀 Ford shares climbed over 4% after beating profit estimates and announcing plans to boost F-150 and Super Truck production.
• 🛠️ The automaker is implementing a rebound plan to restore production following a fire that disrupted a key aluminum supplier, impacting sales of its profitable F-Series pickups.
• 🗣️ The CEO expressed that the impact of tariffs is looking more reasonable for the company.

Deckers Outdoor's Cautious Outlook

• 📉 Deckers Outdoor, maker of UGG and Hoka brands, saw its shares fall 13% after lowering its guidance.
• ⚠️ The company anticipates consumers will act more cautiously in the coming months, including the crucial holiday season, impacting its outlook.

Alphabet's AI Chip Deal with Anthropic

• ⚡ Alphabet shares rose 1.4% after Google Cloud confirmed a significant contract with AI startup Anthropic.
• 🤝 The deal, potentially worth billions, will see Google supply Anthropic with specialized AI chips and over a gigawatt of computing capacity to train and serve its next-generation LLM models.
• 📊 This agreement solidifies Google's role as a key infrastructure provider in the AI race and deepens its partnership with Anthropic.