Check out the companies making headlines before the bell. Intel — The technology stock rose 1%. Earlier this week, Nvidia completed its $5 billion equity investment in Intel. Taiwan Semiconductor Manufacturing — Shares ticked up 1% after Reuters reported that Nvidia asked the semiconductor firm to boost its H200 production in response to Chinese orders exceeding two million units for 2026. Warner Bros Discovery — Shares fell 1%. On Tuesday, CNBC’s David Faber reported that Warner was planning to reject Paramount Skydance’s takeover bid. Hyatt Hotels — The hotel chain dropped more than 1% after updating its 2025 outlook due to Hurricane Melissa, which struck Jamaica in October. The company said it expects adjusted EBITDA to be at the low end of a $1.09 billion-$1.11 billion range. Nike – Shares of the sneaker giant rose around 3% after board members Tim Cook and Robert Holmes Swan, as well as Nike CEO Elliott Hill, increased their stakes, Verity data shows. The action comes as Nike wraps up a tough year. —With reporting by Alex Harring
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