Google just reported the biggest quarterly profit in its history — but roughly two-thirds came from gains on investments rather than its main businesses.
Alphabet, Google's parent company, reported $112.1 billion in profit for the three months ending in June. That's nearly four times the $28.2 billion it made a year earlier. About $77.1 billion of that total came from gains on investments that had largely risen in value on paper, but not yet sold for cash.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
#billion #profit #Investments #actually
Alphabet, Google's parent company, reported $112.1 billion in profit for the three months ending in June. That's nearly four times the $28.2 billion it made a year earlier. About $77.1 billion of that total came from gains on investments that had largely risen in value on paper, but not yet sold for cash.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake — here's what it is and 3 simple steps to fix it ASAP
Millionaires under 43 hold only 25% of their wealth in stocks. Here's where their money is actually going
#billion #profit #Investments #actually
6 days ago
