Alphabet’s massive profit growth is just an illusion, as SpaceX and Anthropic help mask a historic cash drain
Earnings quadrupled on paper, but an analyst calls that an “illusory” performance propped up by unrealized gains from equity investments.
Earnings quadrupled on paper, but an analyst calls that an “illusory” performance propped up by unrealized gains from equity investments. This story matters for Finance & Markets readers tracking largecap. Reported by marketwatch.com. Read the full original at the source link below.
Originally reported by marketwatch.com. LargecapNews curates and briefs the finance & markets stories that matter. Our editorial policy →