Market Movers: Tech, Auto, and Retail Giants Drive Premarket Surge
Intel and Ford are surging in premarket trading following better-than-expected earnings reports, sources indicate. Meanwhile, Deckers Outdoor shares tumble on revenue guidance miss and Applied Materials announces workforce reductions.
Tech and Auto Stocks Lead Premarket Rally
Technology and automotive companies are driving significant premarket activity following a wave of earnings reports and corporate announcements. According to market analysis, Intel shares surged more than 7% after the chipmaker reportedly exceeded revenue expectations, signaling a recovery in demand for its core x86 processors for personal computers.
