SEC Preparing a Proposal to Drop Quarterly Earnings Reports

The SEC is working on a proposal to drop the long-standing requirement for public companies to report their earnings quarterly, potentially allowing them to report results only twice a year. This change may face pushback from investors who value regular financial transparency. The proposal may be published as early as next month and is backed by proponents who argue it could stimulate the number of public companies in the U.S.

At Nvidia's annual developer conference, the focus has shifted from graphics processing units to a new phase in AI known as inference. This change highlights customers' priorities in running AI models and maximizing profits rather than just training them. Nvidia is expected to launch a new chip aimed at improving inference capabilities, as competition in the AI inference space is rapidly increasing, with new players emerging.

New York City's small landlords, often referred to as 'mom and pop' landlords, are confronting severe financial challenges due to new housing policies proposed by Mayor Zoraan Mamdani, which could freeze rent increases and raise property taxes. These changes compound existing stress from economic pressures. The discussion contrasts individual landlords, who often have personal ties with tenants, against larger corporate landlords, who may offer operational efficiencies.

President Trump addressed the situation regarding Iran and its missile capabilities, asserting that U.S. efforts are in place to strike Iranian manufacturing plants. While some oil tankers have successfully passed through the Strait of Hormuz, oil prices have fluctuated, dropping slightly while U.S. stock markets rose. Key allies appear reluctant to engage militarily, complicating the geopolitical landscape.

Despite ongoing global turmoil, crime rates in the U.S. have reportedly reached a 125-year low, with reduced homicide rates and declines in other offenses. Various factors are suggested as causes, including increased federal funding and changes in societal behavior. However, researchers warn that the actual situation might be nuanced, as surveys indicate a disconnect between victimization experiences and reported crime.