Outrageous
Good evening my esteemed and inexperienced friends,
I know it's outrageous that I talk about the stock market on this (allegedly) stock market forum, but have you noticed what a massive reporting season we've had in the US Q2?
The US corporates absolutely crushed it. Record revenues, even higher than Q4 which includes Christmas, that's unprecedented.
Bottom line, best ever Q2, and if it weren't for the Paramount and Warner $10 billion write-down of their linear broadcasting businesses it would have been a record earnings Quarter full stop.
Interesting week ahead:
NVidia in the US (make or break for the AI trade)
In Australia, lots of headliners: BHP, Wesfarmers, Woolworths, Coles, Woodside.
I live for that stuff.
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