Intel Surges as MaxLinear Jumps; P&G Beat

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:

- Intel (INTC) shares are surging and set to open at record highs after the chipmaker gave a second-quarter forecast that was much stronger than expected. It also posted first-quarter results that beat expectations. Analysts said the report is evidence the company is making progress with its turnaround, validating the stock’s strong year-to-date gains.

- MaxLinear (MXL) is also surging after the semiconductor company’s first-quarter results and second-quarter revenue forecast were both better than expected. Vital Knowledge calls the outlook “very bullish.”

- Proctor & Gamble (PG) is higher this morning as it reported stronger-than-expected results for its latest quarter, driven by growth in the beauty category.

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