**Intel **(INTC +2.28%) soared over 25% ahead of the market open after CEO Lip-Bu Tan praised the Team Hidden Gems recommendation’s ongoing pivot to AI, saying “this is a fundamentally different company today,” with results beating expectations and the financial outlook upgraded.

“Focused on maximizing our factory network to improve available supply and meet our customers’ needs”: CFO David Zinsner explained high demand in areas such as data center processors means Intel is striving to quickly increase capacity to avoid disappointment.
“The backbone of AI computing in production remains a CPU anchored architecture”: CEO Tan flagged “great news for Intel” for the future as more companies are deploying Intel’s CPUs as AI systems become more complex. This is one factor contributing to increasing next quarter’s revenue guidance from $13 billion to between $13.8 billion and $14.8 billion.

Noteworthy Pre-Market Movers

Comfort Systems (FIX +4.04%) rose over 6% before the opening bell after quarterly results showed a 57% jump in revenue versus the same period last year. The stock is beating the S&P 500 by 67% since the Stock Advisor recommendation by Team Hidden Gems in April 2025.
Kinsale Capital (KNSL 1.57%) fell 1% in pre-market trading due to earnings revealing a shrinking of gross written premiums, along with a lack of specific forward guidance. Last month, Fool contributing analyst Matt Frankel said the Hidden Gems rec is “a very profitability oriented company.”
Digital Realty (DLR +0.60%) spiked 2.5% before moving back to being relatively unchanged ahead of the market open, as investors digested results that showed a 16% jump in revenue for the Dividend Investor rec, but a higher backlog of signed leases.

Cannabis Stocks Slide Post-DOJ Order

The U.S. Department of Justice has officially reclassified cannabis to a less dangerous drug, a major shift in the country’s policy and a move that saw sharp volatility in related stocks including Tilray Brands (TLRY +0.63%) and Canopy Growth (CGC +3.15%).

The move doesn’t legalize cannabis at a federal level: Cannabis will now be obtainable with a prescription, providing a boost for the $47 billion industry as access to funding and other benefits become obtainable, with more legal progress likely further down the line.
Sector reaction is telling: After initially spiking on the news, marijuana stocks closed Thursday lower, with Tilray and Canopy Growth down over 11%, with a mix of “buy-the-rumor, sell-the-news” action, along with a realization of a lengthy regulatory road still ahead.

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