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“The Earnings Numbers Are Total BS”

Aug 27, 2026

The creator argues that reported earnings numbers are misleading due to the inclusion of investment income from revaluations of holdings (specifically mentioning Amazon and Google's investment in Anthropic) and tariff rebates, which artificially inflate profits. Without these, actual gross earnings would significantly decrease.

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Amazon's reported earnings are being inflated by investment income from its revaluation of holdings in Anthropic.

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