{
  "id": 635523,
  "title": "AI could end Wall Street’s EPS obsession",
  "url": "https://urgent.news/2026/08/12/ai-could-end-wall-streets-eps-obsession",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-12T05:12:12.000Z",
  "source": {
    "name": "The Jakarta Post",
    "slug": "the-jakarta-post",
    "url": "https://www.thejakartapost.com/opinion/2026/08/12/ai-could-end-wall-streets-eps-obsession.html"
  },
  "original_language": "en",
  "account": "Investors in the United States are shifting their focus from earnings per share (EPS) to cash flow (FCF) as AI transforms the landscape of US tech giants. While EPS remains a subject of debate due to its susceptibility to accounting gimmicks, Alphabet's recent report has highlighted the growing importance of FCF. The Google parent company, which reported a significant increase in earnings and revenue for Q2 2025, experienced a negative FCF for the first time since going public. This shift in focus can be attributed to the asset-heavy nature of these hyperscalers, which have poured billions into physical infrastructure due to AI investments. While EPS still matters, the market's reaction to Alphabet's FCF demonstrates a growing recognition of its value in assessing corporate performance.",
  "summary": "Investors are focusing more on tangible results: cash flow.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "The Sydney Morning Herald",
        "title": "ASX set to slide, Wall Street boosted by AI stocks, inflation report",
        "url": "https://urgent.news/2026/08/12/asx-set-to-slide-wall-street-boosted-by-ai-stocks-inflation-report-694239",
        "published": "2026-08-12T19:15:13.000Z"
      },
      {
        "outlet": "The Age",
        "title": "ASX set to slide, Wall Street boosted by AI stocks, inflation report",
        "url": "https://urgent.news/2026/08/12/asx-set-to-slide-wall-street-boosted-by-ai-stocks-inflation-report",
        "published": "2026-08-12T19:15:13.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}