Alphabet’s massive profit growth is just an illusion, as SpaceX and Anthropic help mask a historic cash drain

Over the past few months, I’ve sat down with many CEOs across Europe and many more business leaders around the world in my role as Chief Strategy Officer for ManpowerGroup.  Almost every conversation has ended with the same question. How Do We Prepare for What’s Next? Leaders know AI is reshaping work. They’re investing in…

SOUTHPORT, ENGLAND – JULY 19: Ryan Fox of New Zealand celebrates victory following birdie putt on the 18th green on day four of the The 154th Open Championship at Royal Birkdale on July 19, 2026 in Southport, England. (Photo by Sean M. Haffey/Getty Images) Getty Images The Open Championship is historically known as one of…

(Bloomberg) — Most couples wait until they’re engaged to talk about prenuptial agreements. Michelle Kaiser brought it up on the fourth date. The 38-year-old, who works in fintech, had more complex investments than her future husband, including derivatives and leveraged funds. That, she said, reinforced the importance of talking openly about finances and long-term goals. It didn’t faze her date: The…

Stock Chart IconStock chart icon Dell Technologies Inc. ($DELL) Stock “Michael and Susan Dell, they are truly incredible,” Trump said Monday of the Dells, who were in the Oval for the event marking the launch of the administration’s tax-advantaged investment vehicles for U.S. kids. Trump, who has disclosed actively trading Dell shares, said he wants…

lekkimly_simborin/kimly – stock.adobe.com The question we get asked most about accounting firm deals is, “What is the multiple?” While the multiple is a key factor in determining the purchase price in a transaction, it is not the most important element in optimizing the value of a firm. The critical factor is establishing the net adjusted…

At a time when the industry is clearly bifurcating along performance and fundraising, our awards recognise and platform the managers and service providers delivering true value. Entries close soon. By Aftab Bose, London At an LP-GP workshop we hosted recently, I asked a top UK allocator to visualise himself behind his laptop, in a scenario…