These Stocks Moved the Most Today: Intel, AMD, Ford, Deckers, Newmont, Nextracker, Booz Allen, Coinbase, and More
Oct 24, 2025 05:29:00 -0400 by Joe Woelfel | #TechnologyTraders on the floor of the New York Stock Exchange. (Photo by ANGELA WEISS/AFP via Getty Images)
Key Points
- Intel rose after reporting third-quarter adjusted earnings of 23 cents a share, beating analysts’ estimates of 2 cents.
- Deckers Outdoor slumped after the company issues a disappointing fiscal-year forecast.
- Ford rose sharply after posting a third-quarter operating profit of $2.6 billion on record sales of $50.5 billion.
The major U.S. stock indexes closed at record highs on Friday, as U.S. inflation in September rose less than expected, which should help Federal Reserve officials justify further cuts to interest rates.
These stocks moved Friday:
Intel pared earlier gains, but still closed 0.3% higher. The chip maker reported third-quarter adjusted earnings of 23 cents a share, topping analysts’ estimates of 2 cents, as revenue rose 3% from a year earlier to a better-than-expected $13.7 billion on strong demand for PC processors. Chief Financial Officer David Zinsner told Barron’s that demand for PCs has been stronger than the company expected as corporations upgrade computers to move to the current version of Microsoft Windows. Intel forecast fourth-quarter revenue of $12.8 billion to $13.8 billion, versus consensus of $13.4 billion. Intel’s guidance excludes Altera, following Intel’s sale of a majority ownership in the third quarter.
Fellow chip maker Advanced Micro Devices gained 7.3%. As Intel’s main rival, AMD also stands to benefit from stronger-than-expected PC industry sales, as its business accounts for the rest of the market for central processing units.
Shares of Deckers Outdoor tumbled 15%. The maker of Hoka sneakers and Ugg boots posted fiscal second-quarter earnings that improved from a year earlier and beat analysts’ expectations, but issued a fiscal-year forecast that disappointed. Deckers expects fiscal-year earnings of $6.30 to $6.39 a share on sales of about $5.35 billion. Analysts anticipate earnings of $6.33 a share on sales of $5.46 billion. Deckers had withheld its outlook earlier this year because of macroeconomic uncertainty.
Ford Motor gained 12% after the auto maker posted a third-quarter operating profit of $2.6 billion on record sales of $50.5 billion, beating Wall Street forecasts on both metrics. Ford expects 2025 operating profit of between $6 billion and $6.5 billion, which includes $1.5 billion to $2 billion in lost production and higher sourcing costs from a fire at an aluminum supplier. The company also said it planned to boost F-series production volume by more than 50,000 trucks in 2026, creating 1,000 jobs.
Newmont declined 6.2%. The gold miner posted third-quarter adjusted earnings of $1.71 a share, topping Wall Street expectations of $1.44. Revenue rose 20% to $5.52 billion and also beat forecasts as gold prices surged in the period. The selloff on Friday could be tied to a recent drop in gold prices, with investors opting to take profits after a long rally.
Procter & Gamble gained 0.9%. The owner of Tide and Pampers posted core earnings of $1.99 a share in its fiscal first quarter, better than expectations of $1.90. Sales rose 3% to $22.4 billion and topped Wall Street’s calls for $20.9 billion. While the company now expects to incur higher costs from tariffs, its reiterated its fiscal 2026 guidance.
General Dynamics was up 2.7%. The defense and aerospace company reported third-quarter earnings of $3.88 a share on sales of $12.9 billion, beating the $3.70 for earnings and $12.5 billion for sales anticipated by analysts. Its book-to-bill ratio, defined as orders divided by revenue, was 1.5 to 1.
Alphabet rose 2.7% after Google and Anthropic announced a deal worth tens of billions of dollars, which will give Anthropic access to up to 1 million Google chips.
Nextracker , the designer and manufacturer of solar tracking systems, jumped 8.7% after posting better-than-expected second-quarter earnings and revenue, and raising its fiscal 2026 revenue guidance. Nextracker said it expects fiscal-year revenue of $3.275 billion to $3.475 billion, up from prior guidance of $3.2 billion to $3.45 billion. The company also formed a joint venture in Saudi Arabia to accelerate solar-technology adoption in the Middle East.
Beyond Meat fell 23% to $2.19, and was set to extend its losing streak for a second consecutive day. Shares ended Thursday’s session down 21%. Mizuho analysts reiterated an Underperform rating and lowered their price target to $1.50 from $2 on Friday, arguing company and category fundamentals remain weak despite the meme-fueled rally that saw shares rise as high as $7.69 earlier this week.
Booz Allen Hamilton fell 8.9%. The consulting firm, which does mostly government-related work, cut its earnings and revenue outlook for the fiscal year after fiscal second-quarter earnings declined from a year earlier.
Shares of Comfort Systems USA jumped 19% after the HVAC and electrical contracting company topped third-quarter earnings expectations amid “unprecedented demand” for its services.
Coinbase Global rose 9.8% to $354.46. J.P. Morgan upgraded shares of the crypto exchange to Overweight from Neutral and raised the price target to $404 from $342. Analyst Kenneth Worthington said the upgrade reflects “emerging monetization opportunities and abating risks at what we see is an attractive valuation versus cryptocurrency peers.” Coinbase is scheduled to report earnings next week.
Write to Joe Woelfel at joseph.woelfel@barrons.com and Mackenzie Tatananni at mackenzie.tatananni@barrons.com