Why Wall Street Fears a Shift to Biannual Earnings

The video explores the implications of changing the frequency of earnings reports from quarterly to twice a year, inspired by a tweet from Trump. It delves into how earnings reports shape Wall Street culture and affect individuals' lives. The video includes personal stories and mixed reactions from people about the potential change. It also discusses the pros and cons of such a change, considering transparency and market efficiency. Additionally, it examines global practices, noting that Europe and Japan have adopted less frequent reporting systems.

What example is given about a person’s relief related to earnings reporting?

What has been the practice of companies in Europe regarding earnings reporting, and how does it differ from the U.S.?