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Fortune
Fortune
Jim Edwards

Google just posted the biggest quarterly profit ever—$112 billion—and Wall Street is punishing it for doing so

Sundar Pichai (Credit: David Paul Morris/Bloomberg via Getty Images)

Good morning. On Fortune’s radar today:

  • Google booked the biggest profit in history— and Wall Street hates it .
  • Markets: U.S. futures decline as Middle East conflict worsens.
  • GE was a mess. Larry Culp tells us how he fixed it .
  • Iran: The war is getting worse.
  • Analysts are thinking the unthinkable: What if Trump cannot win in the Gulf?
  • Chart: The precipitous decline in U.S. immigration.
  • The incredibly complicated rules for drinking the “right” amount of coffee .

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