Stocks to Watch: Intel, Avis, Procter & Gamble -- WSJ

Dow Jones04-24 17:25

By WSJ Staff

Intel $(INTC)$: Shares of the chipmaker soared more than 20% premarket after it issued upbeat guidance and reported strong sales amid a resurgence in demand for its CPUs. That's also boosting shares of Advanced Micro Devices $(AMD)$, which also makes CPUs.

TSMC (TW:2330), $(TSM)$: Shares rose 5% in Taipei after regulators eased a limit on how much funds can invest in a single stock, enabling managers to pile into the chip maker. U.S.-traded American depositary receipts tied to TSMC also rose premarket.

Avis Budget Group $(CAR)$: Shares of the car-rental company ticked down premarket after sliding 68% over the last two days. A short squeeze that had sent shares of Avis skyrocketing is unwinding.

Volvo (SE:VOLV.B): The Swedish truck maker said truck orders rose 14%, though net profit in the first quarter declined. Shares edged up in Stockholm.

Nike $(NKE)$: The sneaker and athletic apparel company said it is cutting its workforce by some 1,400 workers, or about 2%, as part of its plan to simplify its global operations. Shares ticked higher premarket.

Procter & Gamble $(PG)$ will report earnings before the opening bell.

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(END) Dow Jones Newswires

April 24, 2026 05:25 ET (09:25 GMT)

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