According to @business, Donald Trump suggested abandoning quarterly earnings in favor of a semi-annual schedule, prompting questions about how such a change could be implemented for U.S. public companies. Source: bloomberg.com/news/articles/2025-09-18/trump-proposes-ending-quarterly-earnings-reports-what-s-at-stake Under current rules, domestic issuers must file Form 10-Q after each fiscal quarter under SEC Rule 13a-13 (17 CFR 240.13a-13). Source: ecfr.gov/current/title-17/chapter-II/part-240/section-240.13a-13 Shifting to semi-annual reporting would require the SEC to propose and adopt rule amendments through notice-and-comment under the Administrative Procedure Act, consistent with the SEC’s published rulemaking process. Sources: sec.gov/rules/rulemaking-process and law.cornell.edu/uscode/text/5/553 Congress also has authority to change the reporting framework by amending Securities Exchange Act Section 13(a) or directing the SEC to adjust periodic reporting frequency. Source: law.cornell.edu/uscode/text/15/78m The SEC previously solicited public input on the frequency and content of quarterly reporting in its 2019 Request for Comment on Earnings Releases and Quarterly Reports, indicating agency precedent for reviewing this issue. Source: sec.gov/rules/other/2019/33-10634.pdf There is international precedent: the EU removed mandatory quarterly reporting via Directive 2013/50/EU, and the UK FCA eliminated interim management statement requirements in 2014. Sources: eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32013L0050 and fca.org.uk/publication/policy/ps14-15.pdf For traders, research shows earnings announcements are associated with elevated systematic risk and volatility at the aggregate level, so fewer reporting windows would concentrate event risk into tighter periods. Source: papers.ssrn.com/sol3/papers.cfm?abstract_id=1784020 Because crypto markets have become more correlated with U.S. equities since 2020, earnings-driven equity volatility can transmit to digital assets like BTC and ETH, warranting closer positioning and hedging around reporting clusters. Source: imf.org/en/Blogs/Articles/2022/01/11/crypto-prices-move-more-in-sync-with-stocks-posing-new-risks

According to @EricBalchunas, Jack Bogle argued that the quarterly earnings regime fosters creative accounting and elevates headline numbers over underlying business quality, a stance he reiterated across his books. source: Eric Balchunas X post dated Sep 16, 2025; John C. Bogle, The Clash of the Cultures (2012); John C. Bogle, Don’t Count on It! (2010) Empirical research shows managers often manage earnings to meet or beat short-term benchmarks, reinforcing Bogle’s warning about short-termism. source: Graham, Harvey, and Rajgopal, The Economic Implications of Corporate Financial Reporting (2005); Burgstahler and Dichev, Earnings Management to Avoid Earnings Decreases and Losses (1997) For trading, earnings announcements are linked to abnormal returns and elevated short-window volatility, increasing event risk and potential mispricings around report dates. source: Patell and Wolfson, The Intraday Speed of Adjustment of Stock Prices to Earnings and Dividend Announcements (1984) Because crypto and U.S. equities have exhibited higher co-movement since 2020, earnings-driven equity swings can transmit to BTC and ETH positioning, so monitoring earnings calendars can inform crypto risk management. source: IMF Global Financial Stability Note, Crypto Prices Move More in Sync With Stocks (Jan 2022); BIS Bulletin, Crypto shocks and spillovers (2022)

According to @KobeissiLetter, President Trump said U.S. companies should no longer report earnings every quarter, subject to SEC approval. Source: The Kobeissi Letter tweet, Sep 15, 2025. Under existing law, SEC Exchange Act Rules 13a-13 and 15d-13 require most registrants with publicly traded securities to file Form 10-Q each quarter. Source: U.S. Securities and Exchange Commission, Exchange Act Rules 13a-13 and 15d-13. Any change would require SEC rulemaking under the Administrative Procedure Act with a proposed rule, public comment, and a final rule published in the Federal Register before taking effect. Source: SEC Rulemaking Process; 5 U.S.C. §553; Federal Register. The SEC previously solicited public input on quarterly reporting and earnings guidance in 2018 following a presidential request, indicating precedent for review but not an automatic policy change. Source: SEC Chairman Jay Clayton, Statement on Quarterly Reporting, Aug 2018. Until the SEC approves and adopts a final rule, U.S. earnings calendars remain on the current quarterly 10-Q cadence. Source: SEC Exchange Act Rules 13a-13 and 15d-13. For trading, note that any eventual shift would affect reporting cadence for crypto-linked equities such as Coinbase (COIN), MicroStrategy (MSTR), Riot Platforms (RIOT), and Marathon Digital (MARA), while cryptoassets like BTC and ETH are not SEC-reporting issuers. Source: SEC Forms 10-Q and 20-F/6-K instructions; SEC definition of reporting company. Monitor the SEC’s docket and the Federal Register for any proposing release to calibrate event-driven strategies and implied volatility positioning. Source: SEC Rulemaking Agenda; Federal Register Notices.

According to Amber Group (@ambergroup_io), Amber International (Nasdaq: AMBR), operating under the brand 'Amber Premium,' announced its strongest quarterly financial results to date, posting a revenue of US$14.9 million. The breakdown includes US$9.9 million from Wealth Management and US$2.7 million from Execution Solutions, representing multi-fold growth across these core business lines. This robust performance follows the company's recent merger and Nasdaq listing, indicating accelerating business momentum and increased institutional interest. For traders, the strong earnings report and post-merger momentum signal heightened liquidity and may attract further inflows from crypto-focused investors seeking exposure to hybrid finance platforms. Source: Amber Group official Twitter, June 2, 2025.

According to wishful_cynic (@EvgenyGaevoy), the referenced S&P 500 corporation embodies optimal operational and financial efficiency, as illustrated in his May 14, 2025, tweet. The post highlights traits such as strong quarterly earnings, robust free cash flow, and minimal debt levels, which are crucial for sustained stock growth and investor confidence. For crypto traders, such corporate benchmarks often set the risk-on tone in broader markets. Historically, bullish sentiment in S&P 500 blue chips correlates with increased appetite for crypto assets, as traders rotate capital into higher-risk, higher-reward sectors following strong corporate earnings reports (source: @EvgenyGaevoy, May 14, 2025).

According to @KobeissiLetter, Nvidia stock ($NVDA) experienced a significant surge after announcing a record quarterly revenue of $39.3 billion, surpassing market expectations of $38.0 billion. This financial performance highlights Nvidia's robust market position and may influence trading strategies as investors react to the better-than-expected earnings.