Investing Thread

[TSmith34, Inc.]

https://finance.yahoo.com/news/amazon-meta-and-alphabet-report-plunging-tax-bills-thanks-to-ai-investment-and-new-rules-in-washington-161229652.html

"So far this year, Amazon (AMZN), Meta Platforms (META), and Alphabet (GOOG) have filed annual reports to the government — and all reported significant drops in what they expect to pay in US federal income taxes.

Amazon's tax bill dropped from about $9 billion in 2024 to $1.2 billion in 2025. Likewise, Meta reported a year-over-year drop from about $9.6 billion in 2024 to $2.8 billion in 2025.

The annual report from Alphabet, meanwhile, reported a tally that combined US federal and state tax totals and showed a drop from about $21.1 billion in 2024 to $13.8 billion in 2025.

These dropping tax bills for 2025 also came as all three companies report profits are on the rise.

Amazon's domestic profits jumped to nearly $90 billion in 2025 — an over 40% increase from 2024. Alphabet's domestic profits jumped over 32% to $143.6 billion, while Meta came in at $79.6 billion, a 20% jump."

[rocky_warrior]

These dropping tax bills for 2025 also came as all three companies report profits are on the rise.

In the investing thread...this would seem to be good news.

[TSmith34, Inc.]

In the investing thread...this would seem to be good news.

That's exactly right. For those of us that own 93% of stocks, great news. For the US more broadly, more of the same that got us where we are.

[TSmith34, Inc.]

Several of my coworkers are convinced Palantir is the devil too.  I'm still convinced AI is too dumb to spell. Convince me otherwise.

https://shumer.dev/something-big-is-happening

Long read. I've been on the fence about how much, how soon, and what AI's upper limits are but I found this pretty thought provoking.

[MU Fan in Connecticut]

https://shumer.dev/something-big-is-happening

Long read. I've been on the fence about how much, how soon, and what AI's upper limits are but I found this pretty thought provoking.

I was at a dinner on Saturday evening speaking with a tax attorney.  He said he's using AI to draft the legal documents and contracts and it's very quick and it's perfect.  He just needs to fill in names and places.  He said it doesn't eliminate paralegals because you still need for other things but you just won't need as many.