@FluentInFinance@mastodon.social
2026-10-05 17:02 UTC
Replies (3)
-
@RantingCanuck@mstdn.ca 2026-10-05 17:19
@FluentInFinance@mastodon.social Anthropic had to use non-GAAP's to achieve a $559M Q2 profit (they exclude stock compensation and if you include it they are no longer profitable). Additionally they have billions of upcoming, and recurring, expenses that haven't hit yet. JP Morgan had $21.2B in Q2 profit (which includes elements that meet GAAP and elements that are non-GAAP), which does include about $4.3B in one time cash inflows. Yep, it makes total sense that Anthropic is valued higher /s
-
@lemgandi@mastodon.social 2026-10-05 17:28
@FluentInFinance@mastodon.social Worth is what someone is willing to pay for it.
-
@callmeray@techhub.social 2026-10-05 17:32
@FluentInFinance@mastodon.social And how much are they worth after they buy back all their outstanding stock? The meaning of company valuations died in the Reagan era.