According to @StockMarketNerd, moving earnings reports from every 90 days to every 180 days leaves institutions largely unaffected because they can purchase credit card, app, and other alternative data to monitor company performance between filings; source: @StockMarketNerd on X, Sep 16, 2025. Retail investors are impacted the most under a 180-day cadence due to lacking comparable data budgets, increasing information asymmetry in equity trading; source: @StockMarketNerd on X, Sep 16, 2025. The post does not discuss cryptocurrency market implications; source: @StockMarketNerd on X, Sep 16, 2025.