Stocks making the biggest moves premarket: Intel, SpaceX, Micron, Carnival & more
Stocks making the biggest moves premarket: INTC, SPCX, MU, CCL Skip Navigation Markets Business Investing Tech Politics Video Watchlist Investing Club PRO Livestream Menu Check out the companies making the biggest moves in premarket trading: Intel The semiconductor company soared nearly 9% after President Donald Trump said in a Truth Social post that Intel struck a deal with Apple to design and build chips in the United States. Shares of Apple gained less than 1%. Chip stocks Chipmakers rose on the back of the Intel announcement. Marvell Technology rallied nearly 7%, while Lam Research and Applied Materials both rose about 5%. Memory stocks Shares of memory companies also moved higher. Western Digital gained 5.6%, while Micron Technology and Sandisk each climbed about 4%. Pfizer The pharma giant fell 1% after it said CFO Dave Denton would step down from his role on Aug. 15. The company named senior vice president of finance Cecile Guegan as interim finance chief. SpaceX The space company shed 1.2% following its 5% loss on Wednesday. The move follows its more than 40% surge last week after its historic debut. Accenture The global professional services company tumbled 13% following the announcement it agreed to acquire asset intelligence company runZero and device and software supply chain security company Netrise, as well as a majority stake in cybersecurity company Dragos. The combined deal is valued at approximately $4.175 billion. Cruise operators Falling oil prices pushed shares of cruise operators higher. Carnival advanced 3%, while Royal Caribbean and Norwegian Cruise Line added roughly 2%. Airlines Shares of airliners also gained on lower oil prices, with United Airlines , Delta Air Lines and American Airlines all rising about 2%. Smith & Wesson The gunmaker jumped 14% after it reported an earnings and revenue beat and said its handgun sales to sporting goods retailers jumped 23% year over year. Handguns represented 80% of the units Smith & Wesson shipped in the quarter. Correction: A previous headline misspelled SpaceX.
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