Alphabet Earnings Deliver as Google Search Advertising Picks Up With Travel Activity

Internet giant Alphabet, owner of Google reported better than expected in third quarter earnings after the close Tuesday. Google advertising, which includes search and YouTube ads, exhibited accelerating momentum with the the economy and travel returning as did cloud and YouTube revenues.

Google Strength in Advertising Helps Alphabet Smash Earnings Targets

Internet giant Alphabet, owner of Google reported huge beats in second quarter earnings after the close Tuesday. Google advertising, which includes search and YouTube ads, exhibited accelerating momentum again as did cloud and YouTube revenues sending $GOOGL higher.

Mexico Business Confidence Improves With Peso and Easing Covid Restrictions

Mexican business confidence improved to it’s best level in seven months in October. Confidence grew as the peso improved, easing of coronavirus lockdown restrictions and ahead of the US Presential elections, Mexico’s largest trading partner. Seasonally adjusted manufacturing confidence index in Mexico rose to 41.5 in October of 2020 from an upwardly revised 40.7 in September. It was the highest reading in seven months. Data Breakdown Sentiment improved regarding the country’s situation to 32.6 vs 32.3 in September Company’s situation … Continue reading “Mexico Business Confidence Improves With Peso and Easing Covid Restrictions”