Slate Money - Google Gets Its Bag
This week: Google’s parent company Alphabet announced an incredible $110 billion in first-quarter revenue thanks, in part, to the computing needs of the AI boom. Felix Salmon, Elizabeth Spiers, and Emily Peck, discuss the shocking earnings report and the reasons to doubt it as a sign of future growth, including the internet’s ever-evolving information economy. Then, they get into Bill Ackman once again trying and failing to make a closed-end fund happen, and why he’ll never be Warren Buffet. Finally they’ll examine the utility of corporate merch, such as Palantir’s french chore coat, and…
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