Hey guys 

This week we had some really interesting earning reports that I liked and some amazing news from a company I talked about in a previous post.


**VISA**

 https://img.inleo.io/DQmXcUcgfPZL9AoyJiZXZPXcawERmHMFjfmHD1VRNqErYX9/image.png 

First ,we had the quarterly [results](https://investor.visa.com/financial-information/quarterly-earnings/) from my favorite Visa 
And they were amazing! Visa posted a double beat with a 12% year-over-year revenue increase, a 16% increase in profits YoY, and a net profit margin hitting 56% 
They also increased their dividend by 13.5% 
Just like that, because they can 

To show you the quality of this company, let’s compare Visa’s take rate with that of PayPal . Visa keeps raising it every year , while PayPal has to cut it . That’s what real pricing power looks like!


**GOOGLE**

 https://img.inleo.io/DQmY5ThP6Npbo1hR44SWRXePvkPEsYwKRdfQHJLZ4jN4frH/image.png 

Aside from Visa , we had even more impressive results yesterday from Google 
By the way, these two companies that are also under heavy fire from the DOJ 

So, Google  not only surpassed all analyst expectations but saw growth across all segments 
Honestly, this company is a money-printing machine 

For instance, YouTube, for the first time, exceeded $50 billion in revenue over the past 12 months 
The stock skyrocketed by +6% in after-market trading 

Despite this, with a forward P/E of 21, many argue that even now, it’s quite undervalued and a good investment opportunity 

What’s your take on Google?


**EXXON MOBIL**

 https://img.inleo.io/DQmSkDQzeFSvVWNJxY7NK1RBjuMVz2wt9UEqEBcwijZNGRK/image.png 

We recently got some fantastic news about Exxon Mobil
And no, this time it’s not about oil 

The news is that lithium deposits have been discovered in Arkansas 
The issue, though, is that the [lithium](https://eu.usatoday.com/story/news/nation/2024/10/23/lithium-deposit-under-arkansas-could-fix-global-ev-battery-problem/75808246007/) is located at very deep levels, making it hard to extract 
Well, guess which company is active in the area and is developing the technology required? That’s right, ExxonMobil 

The company's segment working on this (Mobil Lithium) estimates insane revenue growth in the coming years from lithium extraction, as demand for electric batteries continues to rise 


**US ECONOMY**

The U.S. economy is really on fire! 
Here’s a quick update 

A. GDP increased again for the third quarter (+2.8%) 
 https://img.inleo.io/DQmbrPcJ9Mpu199LVL6k78cWGoicVnUXeP2uWvpJVspb9Mq/image.png 

B. Core PCE, the Fed’s favorite metric, came in at 2.7%, as expected 
 https://img.inleo.io/DQmSUDZoHcgnQ2ZFpkocBX7d7Dp8ma4YacjaqwgYCioZRwC/image.png 

C. Initial jobless claims dropped by 12,000 last week, far more than anticipated 
 https://img.inleo.io/DQmRY5nyQ8Ts6CGVRLNuUPYG1Pcmf6giPuBidbvYpUnkGoA/image.png 

D. Unemployment rate remained the same at 4.1%

 https://img.inleo.io/DQmY25hPEamkyiGxFUCxPRCwhGztQXQru8ZfUkHfKLkacrd/image.png 


In short, the U.S. economy continues to grow, with inflation steadily moving toward 2%.

Posted Using [InLeo Alpha](https://inleo.io/@steemychicken1/weekly-stock-and-data-review-2rw)