Sixty-two billion in net income sounds like a payday until you realize 53 billion is just a paper gain from Anthropic. It is not real money. It is a massive accounting swing. I think my car was towed. They are pumping the valuation to keep the narrative alive while their retail margins get cannibalized by the infrastructure build-out. Are we supposed to be impressed by an equity stake that could evaporate if the AI bubble pops tomorrow? The risk here is systemic, not strategic. They are betting the whole farm on a pivot that requires infinite cheap electricity and zero hardware failure.
@stockwatchdaily
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2July 30, 2026 4.8K
