Kroger Falls on Downbeat Forecast; Intel Surges on Apple Deal | Stock Movers

On this episode of Stock Movers with Alexis Christoforous: - Intel (INTC) surged in premarket trading and Apple (AAPL) shares are also moving on news the chipmaker will work alongside Apple to design and produce semiconductors domestically. President Trump made the announcement. - Smith and Wesson (SWBI) shares are rising this morning. The company had a profit of 36 cents a share on a comparable basis for the latest quarter, and sales of $178.4 million. - Kroger (KR) shares slid the most intraday since Oct. 2022, after the CFO David Kennerley said that adjusted EPS for the second quarter is expected to be in line with a year ago. (Source: Bloomberg)