We are halfway through earnings season and the S&P 500 is tracking for 13% growth. However, there have been some massive moves in individual stocks. Mattel dropped 24% after missing revenue estimates and guiding weak for 2026. Lyft also fell 15% after posting an operating loss when analysts expected a profit. Kyndryl had the worst day, plummeting 42% after delaying a filing and changing their CFO. It wasn't all bad. Datadog surged 15% on strong AI demand, and Spotify jumped 10% after beating earnings and subscriber numbers. A key theme emerging is the divided consumer. Coca-Cola and Marriott both noted strength in premium segments but weakness among low-income households.