Google made an extra $8 billion last quarter but won't say how. I have some guesses.

Most companies would make a big deal if they found an extra 8 billion in their couch cushions. Google is not one of those companies.Tucked away at the bottom of Google's earnings' release Thursday is this note bit of accountantspeak: "OI&E of 11.2 billion for the three months ended March 31, 2025 included an $8.0 billion unrealized gain on our non-marketable equity securities related to our investment in a private company." Translated: We invest in private companies and one of them is worth a lot more n ...