Alphabet spent more than $1.3 billion last quarter on ‘other bets’ like Loon and Waymo - The Verge
Alphabet spent more than $1.3 billion last quarter on ‘other bets’ like Loon and Waymo - The Verge
Summary
In its most recent quarterly earnings report, Google parent company Alphabet said it incurred a more than $1.3 billion operating loss in its “Other Bets” category, the collection of divisions that includes its experimental X lab, its internet group Access, it…
My Thoughts
I'm not sure how the market is going to be effected when news like this keeps pouring out.
Quote of the Day
It’s far better to buy a wonderful company at a fair price, than a fair company at a wonderful price.
-Warren Buffet
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