Forensic Accountant

Sep 14, 2026 · bearish

(https://www.marketwatch.com/story/the-very-big-caveat-to-the-report-that-anthropic-is-profitable-for-a-second-straight-quarter-561e0c64?mod=mw_rss_topstories) is that they're counting operating profit while excluding massive capex spend. That's not profitability—that's accrual manipulation dressed up as growth discipline.

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