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Noteworthy: - Negative free cash flow for the quarter - $98B in unrealized gains on equity securities - Cloud revenue are up 82% to $24.8B
by strongpigeon 2mo ago
Noteworthy:
- Negative free cash flow for the quarter
- $98B in unrealized gains on equity securities
- Cloud revenue are up 82% to $24.8B
- bluecalm 2mo ago>>$98B in unrealized gains on equity securities Now the question is how are those equity securities valued. If for example they value their Anthropic stake based on the latest funding round then it's not very reliable (it's not clear if they can ever realize that gain or if the gain doesn't turn into a loss).