Industry
Goldman Sachs: Alphabet and Amazon generated 'other income' totaling 53B in Q1, or ~60% of their Q1 income; 49B was due to equity stakes in private companies (Robin Wigglesworth/Financial Times)
Robin Wigglesworth / Financial Times: Goldman Sachs: Alphabet and Amazon generated “other income” totaling 53B in Q1, or ~60% of their Q1 income; 49B was due to equity stakes in private companies — Th
Robin Wigglesworth / Financial Times: Goldman Sachs: Alphabet and Amazon generated “other income” totaling 53B in Q1, or ~60% of their Q1 income; 49B was due to equity stakes in private companies — The AI “hyperscalers” reported bumper earnings for the first quarter, with both sales and profits beating expectations.
Source: Techmeme | 2026-05-07