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Amazon boosts S&P 500 profit growth after paper gains on Anthropic

Reported · Written up by our desk · Fund Industry

Amazon’s latest results are contributing to unusually sharp reported profit growth across the S&P 500, as investors focused on earnings figures that appear amplified by investment-related accounting.

MarketWatch reports that the effect stems from paper gains tied to Amazon’s Anthropic investments, which increased the scale of profit growth seen in results from the Big Tech cohort.

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Sources

MarketWatchS&P 500 profit growth is getting even wilder as Amazon makes its mark
MarketWatchS&P 500 profit growth is getting even wilder as Amazon makes its mark

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