Business Insider
US · 2 hrs ago
Google buried a $98 billion windfall in one sentence
Google CEO Sundar Pichai.
Bloomberg/Getty Images
Google's parent, Alphabet, said it earned an additional $98 billion this quarter from its equity investments.
The tech giant didn't disclose which investments, but it's most likely from SpaceX and Anthropic.
Alphabet's stock is still down slightly as investors fret about its huge AI spend and AI struggles.
Imagine making nearly $100 billion extra and dedicating exactly one vague sentence to it. That's just what Google parent Alphabet did in its…
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