This article very well sums up the reasons why even a good earnings is getting punished by the market. $SPCXB $AMDB
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After-hours plunge for both SpaceX and AMD following earnings reports may reveal the outlook for the next phase of US stock market trends
Last night, the US stock market’s broad index saw a long-awaited wave of broad-based gains.
But after the close, market sentiment was quickly pulled back to a tense state by two heavyweight earnings reports—SpaceX and AMD delivered their latest quarterly results almost simultaneously in after-hours trading. While the figures themselves have their own highlights, the market’s reaction was strikingly consistent: both fell.
After-hours, SpaceX fell by more than 7%, while AMD fell by more than 9%. Revenue beat expectations and the guidance wasn’t bad either—so why are investors still voting with their feet?
The answer comes from the same reason—the market’s “passing grade” for AI narratives has been raised to an almost punishing level.
But after the close, market sentiment was quickly pulled back to a tense state by two heavyweight earnings reports—SpaceX and AMD delivered their latest quarterly results almost simultaneously in after-hours trading. While the figures themselves have their own highlights, the market’s reaction was strikingly consistent: both fell.
After-hours, SpaceX fell by more than 7%, while AMD fell by more than 9%. Revenue beat expectations and the guidance wasn’t bad either—so why are investors still voting with their feet?
The answer comes from the same reason—the market’s “passing grade” for AI narratives has been raised to an almost punishing level.
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