V breaks above its 50-day SMA as AI, stablecoins and global transaction growth drive investor momentum.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
So far this year, Visa Inc. (NYSE: V) has unveiled a scam disruption initiative, adoption of its “Tap to Phone” technology has soared, it unveiled its vision for artificial intelligence (AI) in commerce, and it expanded its partnership with FIS.
In the most recent trading session, Visa (V) closed at $353.85, indicating a +1.5% shift from the previous trading day.
Visa's "Tap to Ride" launches across Shanghai Metro, offering contactless access to 517 stations for global travelers.
V deepens its FIS partnership to equip small banks with top-tier digital payment tools and boost transaction growth.
Visa (V) closed at $351.63 in the latest trading session, marking a +2.29% move from the prior day.
A federal judge has rejected Visa's bid to dismiss a Justice Department antitrust lawsuit that accuses the company of stifling competition in the debit card market. [contact-form-7] The judge ruled Tuesday (June 24) that Visa's arguments were “premature” and that the government can proceed with its claim, Bloomberg reported Tuesday.
Stablecoins' quickest path to consumer wallets may be working with today's players.
Visa defeated a proposed class action lawsuit that alleged that the company did not warn consumers that its prepaid Vanilla gift cards could be drained by thieves.
V taps into stablecoins and tokenized assets as it deepens crypto ties. However, regulatory risks still remain.
Recently, Zacks.com users have been paying close attention to Visa (V). This makes it worthwhile to examine what the stock has in store.