Smart money is moving from Semiconductors to Microsoft.
Here is the breakdown of why the stock surged despite the “miss” on GAAP net income.
1. The "Miss" Was Non-Cash Accounting Noise, Not Operational Weakness
In Q2 2026, Abbott reported:
GAAP Net Earnings: $928 million (or $0.53 per share).
Adjusted Net Earnings: $2.29 billion (or $1.31 per share).
The $1.36 billion gap between GAAP and adjusted earnings is entirely due to Specified Items. The company clearly lists these as non-cash or one-time charges:
$658 million in intangible asset amortizati...
1. The "Miss" Was Non-Cash Accounting Noise, Not Operational Weakness
In Q2 2026, Abbott reported:
GAAP Net Earnings: $928 million (or $0.53 per share).
Adjusted Net Earnings: $2.29 billion (or $1.31 per share).
The $1.36 billion gap between GAAP and adjusted earnings is entirely due to Specified Items. The company clearly lists these as non-cash or one-time charges:
$658 million in intangible asset amortizati...
850 good deal !!
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Waiting for 830 to be filled !!
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Traders love Elon Musk so much & willing to sacrifice at any price!!
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