EconomyWhy are SpaceX and AMD falling despite beating earnings? | Morning Bid

SpaceX and AMD both exceeded earnings expectations, yet their shares declined. The drop came as the Dow Jones Industrial Average and the S&P 500 reached fresh records, while oil prices moved lower. Treasury Secretary Scott Bessent also pledged to do “whatever it takes” to help Japan defend the yen. The item examines the contrast between stronger-than-expected company results and weaker stock performance.