Reported about 22 hours ago
The second-quarter earnings season reveals strong corporate profits driven by consumer resilience, yet the stock market's muted reactions suggest that positive expectations were already priced in, leading to severe penalties for earnings misses. Major companies like Netflix and major financial institutions posted solid results, but stock movements remained lackluster, highlighting the high stakes for any disappointing news amidst elevated valuations. Investors are now focusing on corporate outlooks, with uncertainties around tariffs and economic growth looming large.
Source: YAHOO