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Daily Digest

Big Tech's AI Stakes Inflate Earnings

Published Monday, August 3, 2026 · Updated August 4

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Narrative Spectrum

Convergent Narrative · 0
  • Single-Source Coverage1 source

What We Know — Key Points

  • Earnings growth for the S&P 500 in the most recent quarter is up around 48% from a year ago, according to Tajinder Dhillon, LSEG's head of earnings and equity research.

What Is Claimed — Perspectives

Single-Source Coverage
  • CNBC

    CNBC emphasizes how venture capital portfolios, specifically stakes in AI companies like Anthropic and OpenAI, are artificially inflating the reported earnings of major tech companies, leading to a distorted view of overall corporate profitability.

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