Investment Gains Mask True Profit | Business and Finance News

Amazon and Alphabet may look pricey on paper, but their earnings spikes are mostly fueled by massive, one-time investment gains—like Anthropic and SpaceX stakes—that don’t reflect real cash flow. Strip those out, and both companies reveal a less glamorous picture: negative free cash flow, sky-high capital spending, and operating margins under pressure. Alphabet edges ahead slightly, but neither is a bargain when you dig beneath the surface. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d483373d5d6d5595