AIWall Street Journal2h ago

In Q2, "other income", mostly from investment gains, at Amazon

In Q2, "other income", mostly from investment gains, at Amazon and Alphabet totaled ~$121B after taxes and made up 66% and 71%, respectively, of profits

In Q2, “other income”, mostly from investment gains, at Amazon and Alphabet totaled ~$121B after taxes and made up 66% and 71%, respectively, of profits — Gains on investments in companies like Anthropic are boosting earnings at some of the biggest technology companies

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Source: Wall Street Journal · Opens in new tab