Google’s parent company's first-quarter earnings blew everyone out of the water. But it’s unclear if the huge increase in revenue will stay consistent.
Alphabet reports staggering Q1 earnings, Bill Ackman’s IPO is a bust, and Palintir is selling a branded but stylish chorecoat. Listen on your computer:Episode Notes This week: Google ’s parent company Alphabet announced an incredible $110 billion in first-quarter revenue thanks, in part, to the computing needs of the AI boom.
, discuss the shocking earnings report and the reasons to doubt it as a sign of future growth, including the internet’s ever-evolving information economy. Then, they get into Bill Ackman once again trying and failing to make a closed-end fund happen, and why he’ll never be Warren Buffet.
Finally they’ll examine the utility of corporate merch, such asWant to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page onA weekly roundup of the most important stories from the worlds of business and finance, hosted by Felix Salmon, Emily Peck, and Elizabeth Spiers.is Slate’s Pay Dirt columnist.
She was the founding editor of Gawker and the former editor in chief of the New York Observer. Prior to Gawker, she was a financial analyst.
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