@kristenzisek: Good earnings, red market. Yesterday a bunch of big companies beat expectations — and stocks fell anyway. The standout was TSMC: a record quarter, but it announced plans to spend much more on new factories, and investors worried that eats into profits. Chips dropped and pulled the Nasdaq lower. The lesson: stocks move on expectations and what's ahead, not last quarter's results. When a stock is "priced for perfection," just doing well isn't enough. The twist: only 3 of 11 S&P sectors fell — money rotated out of crowded tech into steadier corners, not a sign of trouble in the economy. $TSM
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Kristen Zisek | Market Updates

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Friday 17 July 2026 13:25:32 GMT