The firm is hurting from a slowdown in the crypto market, and the announcement of a new competitor will further pressure the stock.
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WU's Q2 earnings miss estimates as Consumer Money Transfer retail weakness and higher expenses hurt margins, even as digital and consumer services show growth.
EEFT misses Q2 earnings and revenue estimates as Cross-Border Payments weakens, while growth in Payments Infrastructure and epay, along with digital initiatives, helps offset some of the pressure.
The reported workforce reduction will primarily affect Visa's technology and product operations.
Visa shares rally on plans to lower its global headcount by 7%. Here’s how you should play V stock ahead of the company’s Q3 earnings today after market close.
WU faces a Q2 revenue decline, but growing Consumer Services and lower expenses could help support earnings despite pressure in money transfers.
Capital expenditure (capex) concerns are weighing on technology stocks as investors scrutinize Big Tech's heavy spending on AI infrastructure. Robinhood (HOOD) chief investment officer Stephanie Guild and Miller Tabak managing director and equity strategist Matt Maley join Opening Bid Host Brian Sozzi to discuss why rising capex has become a key concern for the market.
Mastercard (NYSE:MA) is reported to be considering the sale of a majority stake in its UK payments infrastructure subsidiary, Vocalink. The potential buyers are the British banks that previously owned Vocalink, amid ongoing national debate about foreign control of critical financial infrastructure. The discussions relate to the role and ownership of the systems that underpin much of the UK's retail payments activity. Vocalink sits at the core of the UK's payments system, processing...
Investing.com -- Mizuho Securities downgraded Circle Internet Group, the issuer of the USDC stablecoin, to Underperform from Neutral and trimmed its price target to $50 from $85, flagging competitive threats from a newly launched rival stablecoin that could undercut Circle’s core revenue model.
Mizuho downgrades the digital payments company, citing the threat posed by rival stablecoin Open USD.
Vocalink reported a net loss of £12.4m in 2024, compared with a profit of £1.9m in 2023.
MA slips below its 200-day SMA, but strong earnings growth forecasts, AI payment initiatives and resilient operations keep the long-term outlook in focus.
Analysts don't think the threat of a new stablecoin launch was enough to warrant a major Circle (CRCL) sell-off on Tuesday.
There is a new stablecoin in town, and an old player's stock is facing the heat. A stablecoin is an integral part of the DeFi infrastructure. It is a cryptocurrency designed to hold a steady value by pegging to an asset like the dollar, typically backed by reserves such as cash and ...
Circle stock fell as Open USD launched with 140 backers including Visa and Coinbase, challenging USDC's lead in payments.
In the most recent trading session, MasterCard (MA) closed at $484.09, indicating a -1.16% shift from the previous trading day.
As Fiserv has underperformed relative to the financial sector over the past year, Wall Street analysts maintain a cautious outlook on its prospects.
PYPL declines 8.6% in three months as weak 2026 guidance, macro headwinds and competition weighed, even as Venmo and AI commerce efforts expand.
And Juspay joins a Mastercard network.
Though Visa has lagged behind the broader Nasdaq Composite over the past year, Wall Street analysts remain strongly optimistic about the stock’s prospects.
A U.S. appeals court upheld the dismissal of a whistleblower lawsuit accusing Amazon.com of facilitating customs duty evasion. Amazon.com introduced Alexa for Shopping, an AI assistant designed to personalize and streamline retail purchases across its platform. The company also rolled out two new Mastercard powered business credit cards aimed at business customers that use Amazon. Amazon.com (NasdaqGS:AMZN) is trading at $268.46, with the stock up 18.5% year to date and 32.2% over the past...
Greg Abel exited positions including Visa, Mastercard, Amazon, and UnitedHealth while boosting Berkshire's Alphabet stake to almost 58 million shares
Mastercard (NYSE:MA) announced a deal to acquire BVNK, a platform that connects crypto and traditional payments, as part of its global digital payments strategy. The UK Financial Conduct Authority has opened a competition investigation into Mastercard's digital wallet arrangements. Mastercard also launched a new partnership with JD.com to develop AI-powered and agentic commerce solutions that integrate its payment infrastructure. For investors watching NYSE:MA, these moves highlight how a...