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Market Data Table

Breakfast News: INTC's Revival Sparks Rally

October 24, 2025

Thursday's Markets
S&P 500 6,738 (+0.58%)
Nasdaq 22,942 (+0.89%)
Dow 46,735 (+0.31%)
Bitcoin 110,371 (+2.57%)

Chart depicting Intel's net income over the past three years through Q2 2025.

1) Intel Soars 8% on Profit Turnaround

Intel (NASDAQ:INTC) jumped over 8.5% in pre-market trading thanks to posting its first quarterly positive net income since the end of 2023, alongside a strong outlook for the period ahead.

"Current demand is outpacing supply, a trend we expect will persist into 2026": CFO Dave Zinsner referenced a rebound in the PC market, which helped to offset a 1% fall in data center and artificial intelligence (AI) revenue, highlighting how Intel's diversified offering can help.
Operating margin boosted by cost discipline and lower restructuring fees: Regarding the continued turnaround, Fool analyst Jim Mueller, CFA, recently said, "It could be beneficial to Intel, especially if, as a result, political pressure could be brought to bear to generate some of the demand [CEO Lip-Bu] Tan says the company needs."

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2) Wins and Woes From Hidden Gems Recommendations

Comfort Systems (NYSE:FIX) rocketed 17% higher in early hours trading due to earnings per share doubling from the same period last year, as demand from the core contracting unit increased.

Ugg brand direct-to-consumer sales declined by 10%: Deckers (NYSE:DECK) dropped more than 12% following earnings released after market hours, due to worries around tariffs and weaker domestic consumer behavior.
Emerging headwinds for future business growth: Kinsale Capital (NYSE:KNSL) initially fell almost 3% following the closing bell before recovering most of those losses in pre-market trading after quarterly results showed the insurance division experiencing shrinking premiums and higher competition.

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3) Trump Ends Trade Talks With Canada

President Donald Trump has terminated trade talks with Canada, citing a Canadian advert with selective audio from Ronald Reagan criticising the impact of tariffs, ending negotiations between one of the world's largest bilateral trading relationships.

Anti-tariff TV advert as part of $54 million Canadian campaign: The short video, sponsored by the Ontario province, comes as the area has been hit particularly hard by Trump's 35% levy on many Canadian imports.
Chinese Commerce Minister strikes upbeat negotiation tone: Elsewhere, Wang Wentao weighed in on current trade talks between the U.S. and China ahead of the expected meeting between Trump and Xi, saying the two countries can "find the right path for getting along."

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4) Late September Inflation Report to Guide Investors

The delayed Consumer Price Index (CPI) inflation report for September will be released this morning. The consensus view for the headline print of 3.1% is an increase from August's 2.9%.

Expected reading would be the highest level since May: After stripping out volatile food and energy prices, the core data is due to climb 0.3% on the month and 3.1% on the year, which would be unchanged from last month.
"Risks for the September CPI release tilt to the downside": The research team at BNP Paribas sees the report as a key checkpoint for investors but cites softer shelter costs and limited tariff pressures as reasons for their forecast.

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5) Your Take

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