Stephen Mayne

There's 10 American companies and their profits and their numbers were super across the board.

And even with this $800 billion capital deluge...

People are seeing the profits, seeing the earnings growth, and it's overpowering the doomsday narrative around Iran.

I mean, in terms of positive or negative, it's all upside in terms of AI and earnings growth and US economic power.

You're saying that the budget's going to be grim because we don't know about the Strait of Homs being shut for a long time.

I agree.

Absolutely right.

We should.

I've got four.

So we're recording this today.

Four AGMs.

Crikey.

Four AGMs today.

So I've got BrainChip, Capral, Channel Infrastructure.

Channel Infrastructure is the dominant New Zealand company.

uh fuel importer so they do 40 of the fuel so that'll be interesting and then and then tonight at 6 p.m rio tinto first time they've run their london and australian agms at the same time so they've been this dual listed company for for 30 years since 1995 they always used to have the london agm first and then the australian agm which is a bit clunky and this time the entire board's flown into perth

And which they should be there every year, in my view, because it makes, you know, 10 billion plus a year in profits.

They're opening another one iron ore mine a year, Rio Tinto.

And you think about all those royalty fights with the Wright family and Gina Reinhart.

It's all based on Rio Tinto iron ore mines, the whole thing.