finance.yahoo.com

Visa Gets Bullish Investor Support as Quarterly Results Beat

Visa logoVisa
Sig2.22Sen+4.28Env0.00Soc0.00Gov0.00

Visa drew attention after Bill Ackman backed the stock in an investor letter, arguing stablecoins and AI shopping agents are unlikely to displace Visa’s card strength. He pointed to Visa’s partnerships with AI firms and noted strong results, with revenue up 14% year over year and EPS up 11%, ahead of expectations, alongside value-added services growth above 20%.

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