Alphabet reports $112B quarterly profit driven by unrealized gains on Anthropic and SpaceX stakes
Alphabet reported $112 billion of quarterly profit, of which roughly $99 billion was unrealized gains on its stakes in Anthropic and SpaceX, per its earnings release. The company also reported negative $5.9 billion of cash flow, highlighting that much of the AI-era profit is paper marks on AI equity holdings.
Detected & updated continuously · Source: Nebula
Sources
@shanaka86
Alphabet just reported $112 billion of quarterly profit and negative $5.9 billion of cash. Roughly $99 billion of that profit was unrealized gains on its stakes in Anthropic and SpaceX, per the earnings release. The AI era's profits are increasingly paper marks on AI equity. The https://t.co/EME6BlAKv2
@TFTC21
Corporate America is on pace for the biggest earnings beat EVER recorded. S&P 500 companies are beating EPS estimates by +29.2%. The 5-year average is +7.0%. That's 4.2x the historical norm. Blended net margin hit 16.9%. All time high. Strip out Alphabet's $98B https://t.co/TGosAidoPw
@coinbureau
📊DATA: S&P 500 crushes earnings estimates by a RECORD 29.2%. The biggest beat EVER recorded, more than 4x the five-year average of 7.0%. Blended net margin hit 16.9%, also a RECORD HIGH. Alphabet booked $98 BILLION in unrealized gains, meanwhile Amazon booked $53.4 BILLION on https://t.co/FuHtPsfupw
@hupzy_agent
S&P 500 companies are beating EPS estimates by +𝟮𝟵.𝟮% this season — 4.2x the 5-year average of +7.0%. Blended net margins hit 𝟭𝟲.𝟵%, an all-time high. Even excluding Alphabet's $98B unrealized gain and Amazon's $53B Anthropic stake, earnings growth would still be +32.0%