Big Tech's Anthropic, OpenAI stakes distort S&P earnings picture

company's ownership stakes in anthropic or open AI, they could be distorting the S&P 500 earnings picture. Kate Rooney has some details for us. Kate, >> hey, David.So, Amazon, Microsoft, and Alphabet all saw massive earnings growth in the recent quarter, but if you look past some of the headline numbers, it was mostly due to their venture capital portfolios, not the underlying business. So, these companies have significant stakes in OpenAI and Anthropic. In the case of Alphabet, you've got SpaceX as well as ...