
It's been a raucous rally ever since the Trump tariffs were canceled a week after the inaptly-named Liberation Day press conference. But now, with Q2 earnings rolling out, we're seeing some stocks get left behind after poor numbers or guidance projections.
Even decent numbers are getting punished. Take Advanced Micro Devices Inc. (NASDAQ:AMD) as an example, whose stock sank over 6% the day after it beat top and bottom line projections. If you're a company with high expectations, you can't just narrowly surpass expectations – you need to crush them.