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Investing.com -- Bitget Wallet is launching Assetback, a new asset cashback program that allows Bitget Wallet Card users to earn rewards in Bitcoin, gold or tokenized U.S. stocks and ETFs rather than fiat currency or airline miles, Investing.com has learned.
Earlier this week, Visa reported fiscal third-quarter 2026 results showing net revenue of US$11.63 billion and net income of US$5.63 billion, alongside plans to cut about 2,600 jobs and continue large-scale share repurchases under an existing buyback program. At the same time, Visa launched its new Stablecoin Platform to help institutions mint, store, and move stablecoins, signaling a push to pair cost efficiencies with onchain payment innovation. We’ll now look at how this combination of...
GBank Financial (NASDAQ:GBFH) outlined leadership changes, continued SBA lending growth, pressure on credit quality and gaming-card revenue, and progress in its gaming fintech strategy during its second-quarter 2026 earnings call. Jeff Newgard, the company’s new President and CEO of GBank, said his
Visa, Uber, Patreon and Intel announced more than 2,800 layoffs in the Bay Area, from Santa Clara engineering hubs to San Francisco offices, citing restructurings, automation and shifting business priorities.
Visa CEO Ryan McInerney cited efficiency and AI-driven shifts in a staff memo as the payments giant moves to cut 2,600 jobs across its workforce.
Financial stocks were lower in late Wednesday afternoon trading, with the NYSE Financial Index down
Visa's (V) implied fiscal Q4 exit rate bodes well for initial fiscal 2027 forecast, despite lapping
Visa exceeded profit and revenue forecasts while restructuring technology and product teams around efficiency and AI.
The payment services giant Visa Inc. (NYSE: V) reported the earnings for the fiscal third quarter 2026 on July 28. The company generated $11.6 billion in net revenue and $3.32 in non-GAAP earnings per share (EPS) during the quarter, beating estimates of $11.3 billion revenue and ...
Visa received a fresh round of support from Wall Street after reporting stronger-than-expected third-quarter results and raising its full-year outlook, while Wells Fargo raised its price target on Snowflake by more than 56%.
Financial stocks were lower in Wednesday afternoon trading, with the NYSE Financial Index down 1.1%
These companies' recent headwinds shouldn't lead to decreased payouts.
V posts Q3 earnings and revenue beats as cross-border volumes, spending trends and network activity drive double-digit growth.
Host Kenny Polcari, Robinhood CIO Stephanie Guild, and Payne Capital Management President Ryan Payne discuss why they believe the AI trade is still alive, and how investors can reduce spending risk by looking beyond hyperscalers and semiconductors.
Wall Street brokerage Bernstein has lowered its price target on the stock of stablecoin issuer Circle Internet Grou...
V highlights AI-driven innovation, resilient spending, stablecoins and value-added services as it advances payment growth and future product development.
Visa Inc (NYSE:V, XETRA:3V64) reported fiscal third quarter results that exceeded Wall Street expectations, but its shares fell in after-hours trading as investors weighed higher operating expenses. The payments company posted adjusted earnings of $3.32 per share for the quarter ended June...
The cuts hit tech and product teams hardest, and Visa isn't alone. PayPal and Block have made similar moves recently.
Visa (NYSE:V) plans to cut about 7% of its workforce as part of a new restructuring effort. The company aims to improve efficiency and expand its use of artificial intelligence in core operations. Capital is expected to be reallocated toward growth areas, including stablecoin and cross-border products. Visa is a global payments company, and the decision to reduce roughly 7% of its staff marks a clear reset in how it wants to run the business. The focus on AI-supported efficiency reflects...
Stock Market Today: The Dow Jones index dropped Wednesday ahead of the Fed decision and Fed Chair Warsh's comments. SK Hynix sold off.
Visa (NYSE:V) reported stronger-than-expected fiscal third-quarter results on Tuesday, with double-digit revenue growth supported by resilient consumer spending and continued strength in cross-border payment activity. The global payments company posted adjusted earnings of $3.
The roles affected are expected to be concentrated in technology and product teams.
Visa Inc. (NYSE:V) stock traded lower in premarket trading Wednesday after the payments giant reported fiscal third-quarter results that topped Wall Street estimates and issued guidance in line with its long-term growth outlook. Earnings Beat Estimates Visa reported adjusted earnings of $3.32 per share, beating the analyst consensus estimate of $3.23, according to Benzinga Pro. Revenue increased to $11.63 billion, above the Street estimate of $11.39 billion. The company recorded $563 million in
Visa Inc (V) reports a robust 14% increase in net revenue, driven by strong payments volume and innovative solutions, despite rising expenses and market uncertainties.
Visa (NYSE:V) reported fiscal third-quarter 2026 net revenue of $11.6 billion, up 14% from a year earlier, while earnings per share rose 11% to $3.32. Chief Executive Officer Ryan McInerney said both measures exceeded the company’s expectations as payments volume surpassed $4 trillion for the first
Paid X subscribers based in the U.S. now have access to "X Money," Elon Musk's stand-alone money-transferring app - another step in the development of a burgeoning "everything app" ecosystem.
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