Verizon and Intel Surge on Strong Outlooks, Oil Futures Tumble

1. Verizon lifted its annual profit and free cash flow forecasts, causing its shares to surge 3.6% in premarket trading.
2. Intel surpassed estimates for its Q3 forecasts and received several target price upgrades, driving its shares up 4.5% in premarket.
3. Oil futures plunged, with Brent down over $4 to $96.48/bbl and WTI down over $3 to $88.82/bbl.