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Visa plans to cut 7% of its workforce, or about 2,600 jobs, Bloomberg News reported on Tuesday, citing a staff memo, as the payments processor seeks to become more efficient in a challenging industry. AI has helped cut repetitive tasks and speed up product development, but it was not the sole factor behind the decision, Bloomberg reported, citing a person familiar with the company's reasoning. Earlier this year, peer Mastercard announced plans to lay off 4% of its global workforce, citing the need to refocus investments in different areas.
Retail sentiment remains ‘bearish’ on SPY and deteriorated to ‘extremely bearish’ on QQQ, amid growing anxiety around technology stocks.
Today Earnings (a.m.): Coca-Cola, UPS, Boeing, Sherwin-Williams, Hilton, Centene, PayPal, S&P Global Earnings (p.m.): Visa, Ford Motor, Mondelez International, Waste Management, PPG Industries, Bloom Energy, Avis Budget, Seagate Technology Economic data: Consumer confidence index, Johnson Redbook retail sales index, U.
The 2026 Q2 earnings season is in full swing, with this week's reporting docket jam-packed with notable companies. Among them are two peers: Mastercard (MA) and Visa (V).
Yahoo Finance's Josh Lipton takes a closer look at the top stories for investors to watch on Tuesday, Jul. 28, including the July consumer confidence reading and quarterly earnings from Ford (F), Visa (V), and Boeing (BA).
The payments enterprise has seen its share price soar 2,410% since its initial public offering in 2008.
Trane Technologies heads into Q2 results with a strong earnings beat streak as demand for commercial HVAC & data center cooling solutions fuels expectations.
Wall Street is heading for a pivotal week as Big Tech earnings, the Federal Reserve's rate decision and key inflation data test a market hovering near record highs. The busiest stretch begins on Wednesday, when Microsoft and Meta Platforms report earnings before the focus quickly shifts to...
July 14 was one of the most concentrated single-day events of Wall Street’s Q2 2026 earnings season, with all five of America’s largest banks reporting results on the same morning, alongside the June CPI report and Federal Reserve Chair Kevin Warsh’s inaugural Congressional testimony. Combined, those five firms have more than $13 trillion in assets, […]
Bank of Hawaii (BOH) reported higher-than-expected second-quarter earnings on Monday, while revenue
Wall Street stocks are predicted to open sharply higher on Monday as a pause in US and Iranian attacks sent oil prices tumbling ahead of a massive week for markets, including a Federal Reserve meeting and earnings from several tech megacaps. Dow Jones futures were up 568 points, or 1.1%,...
Global payments technology company Visa (NYSE:V) will be reporting earnings this Tuesday after market hours. Here’s what investors should know.
This is a huge earnings week, with nearly a third of S&P 500 companies reporting. The Fed is expected to hold rates steady after its confab ends Wednesday, and we’ll see key inflation data on Thursday.
Visa (NYSE:V) and Lianlian completed Greater China's first AI powered B2B agentic payment. The transaction used Visa's Agentic Directory to run an end to end cross border payment autonomously within preset controls. The move highlights Visa's push into agentic commerce and machine to machine financial transactions. For investors tracking Visa at a share price of $355.74, this AI powered B2B payment with Lianlian puts fresh attention on the company's role in digital payment infrastructure...