Reporting season in the US and here reminds us about the importance of profits
It was a week that reminded us that stock markets are mostly about the profitability of listed companies, and Nvidia well and truly showed that.
Peter Switzer is the founder of Switzer Group - a content, publishing and financial services firm. Peter is an award-winning broadcaster, talking each morning to 2GB's Ben Fordham about the latest in finance and money. You can read his views daily on Switzer.com.au, and subscribe to Switzer Report for his latest insights, analysis and recommendations.
It was a week that reminded us that stock markets are mostly about the profitability of listed companies, and Nvidia well and truly showed that.
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Wall Street and stock market indexes were mixed but Friday’s trade couldn’t wipe out another positive week for stocks.
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