Teradyne Stock Skyrockets as S&P 500’s Top Performer After Smashing Earnings Expectations

Teradyne just schooled Wall Street—again. The semiconductor test equipment maker surged to the top of the S&P 500 today after delivering knockout Q2 results that left analysts scrambling to upgrade their price targets.

Beating the Street like a rented mule

While legacy financial institutions were busy adjusting their spreadsheets, Teradyne's tech actually worked—posting revenue and EPS that blew past estimates. The stock's 9% intraday jump made it the index's undisputed heavyweight champ.

Testing the limits of bullish sentiment

With chip demand showing no signs of slowing, Teradyne's automated test systems are printing money faster than the Fed. Short sellers got vaporized (again), while long-term holders enjoyed their third straight quarter of alpha generation.

Another quarter, another reminder that in tech, execution beats financial engineering every time. Maybe Goldman should try building something useful for a change?