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Big Tech earnings boosted by gains on stakes in other tech firms
The Wall Street Journal says some of the largest technology companies are seeing reported earnings rise from investment gains, including stakes in firms like Anthropic.
Big tech companies are benefiting from investment gains that can inflate headline earnings, according to The Wall Street Journal.
The outlet points to gains on investments in other technology companies, including companies such as Anthropic, as a driver behind higher reported figures at some of the largest technology firms.
The analysis highlights how accounting treatment of investment income can affect how investors view earnings even when the underlying operating business is separate.