Stocks making the biggest moves premarket: Intel, Oracle, American Express & more
Check out the companies making the biggest moves premarket: Intel — The chipmaker rallied 4% after it reported its sharpest quarterly revenue growth in nearly 15 years . The company’s top line clocked in at $16.1 billion for Q2, 25% above the year-earlier period. Adjusted earnings per share of 42 cents per share also beat analyst expectations. Deckers Outdoor – The shoe manufacturer slid 3%. First-quarter revenue of $1.02 billion came in line with the LSEG consensus estimates. Revenue from Deckers’ Hoka and Ugg brands fell short of the Street’s expectations. Oracle — Shares rose nearly 3% after the company signed a 10-year software agreement with the pentagon. The deal is worth almost $7 billion, and covers the use of Oracle’s software in on-premises software for some branches of the U.S. military. Robert Half — Shares fell almost 7% after the staffing and exec search company reported underwhelming results for the second quarter. Robert Half earned 26 cents per share, matching a FactSet forecast. Revenue of $1.34 billion was just above the $1.32 billion consensus. Amkor Technology — The semiconductor packaging company popped more than 11% after the company said it entered a multiyear $1.5 billion agreement with Nvidia . The agreement will look to develop advanced semiconductor packaging and testing technologies for artificial intelligence. MaxLinear — Shares tumbled more than 9% despite the company reporting better-than-expected results in its second-quarter earnings report, and delivering current quarter guidance above estimates. The stock was up more than 400% in 2026 heading into the company’s earnings report. Boston Beer – The maker of Twisted Tea added 1%. Second quarter revenue of $568.3 million narrowly beat the FactSet consensus call of $566.7 million. Boston Beer also reaffirmed its full-year earnings guidance of $8.50 to $10.50 per share, versus the consensus estimate of $9.38. Tenet Healthcare — The healthcare services company rose more than 16% after it reported adjusted earnings of $6.12 per share in its second-quarter financial report. Analysts polled by FactSet were expecting earnings of $4.26 per share. Revenue also beat expectations, and full-year guidance also came in above estimates. American Express — Shares dipped 3% after the credit card issuer reported a revenue miss in the second quarter. American Express delivered $19.64 billion in revenue, but analysts polled by LSEG expected revenue of $19.71 billion. Earnings for the quarter, however, came in above expectations. SAP — The German software company rose 5% after reporting its cloud backlog grew by 27% year over year to 22.9 billion euros in the second quarter. Revenue of 9.88 billion euros was also just above an LSEG forecast of 9.86 billion euros. — CNBC’s Fred Imbert and Darla Mercado contributed reporting.
