Visa Inc
S&P 500’s 10% 2-day collapse from Trump’s tariff shock ranks among the deepest in history
Financial markets that spent two years anticipating a recession that never came took two days to price in surging odds of a recession that might come by invitation. With one of the nastiest two-day selloffs in history following President Donald Trump’s launch of punitive tariffs on most trading partners, the stock market is in one […]
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Fintech stocks such as Affirm, PayPal plunge on concern Trump tariffs will hurt consumer spending
The global market rout on Thursday, sparked by President Donald Trump’s announcement of widespread tariffs, had an outsized effect on fintech companies and credit card issuers that are closely tied to consumer spending and credit. Affirm, which offers buy now, pay later purchasing options, plunged 19%, while stock trading app Robinhood slid 10% and payments […]
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Here’s how much Capital One would be worth post-Discover deal, according to one Wall Street firm
How much would Capital One’s stock be worth if it completes its blockbuster merger of Discover Financial Services ? The answer, according to one Wall Street firm, is a whole lot more. The news In a Tuesday note, BTIG analysts said they believe shares of Capital One would be worth $427 apiece if the Discover […]
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Stocks making the biggest moves midday: Tesla, Azek, Visa, Boeing and more
Check out the companies making headlines in midday trading. Tesla — The electric vehicle maker popped more than 9%, making it the top performer in the S & P 500. The megacap tech stock and retail investor favorite is coming off nine straight down weeks, its longest ever weekly decline. Azek — The outdoor product […]
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Oppenheimer’s best stock picks heading into April
Oppenheimer’s research group has a fresh list of top stock ideas that it expects to outperform over the coming year based on each company’s fundamentals and “in the context of current market conditions.” It’s getting harder for investors to find upward momentum as stocks pull back amid trade and tariff tensions, recession fears and a […]
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Wall Street analysts defend Capital One stock after Monday’s selloff. Here’s where we stand
Wall Street analysts endorsed Capital One , and the Club stock bounced Tuesday — one day after a sharp slide on concerns about possible regulatory hurdles to the company’s pending Discover acquisition. The news Citi, KBW, and Jefferies all said they still expect the $35 billion deal to be completed despite a Monday afternoon report […]
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Sen. Blumenthal asks Visa for records of its payments deal with Elon Musk’s X
Senator Richard Blumenthal, D-CT, speaks during a Senate Judiciary Committee hearing on the January 6th insurrection, in the Hart Senate Office Building on Capitol Hill in Washington, DC, March 2, 2021. Graeme Jennings | Pool via Reuters Sen. Richard Blumenthal this week pressed Visa for detailed plans and documents related to its deal to provide […]
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Top Wall Street analysts are upbeat on the long-term potential of these stocks
Worrisome economic data, weak consumer sentiment and tariff fears contributed to a rocky ride for stocks in February, with the S&P 500 losing 1.4% during the month. Investors should pick stocks of companies that can withstand these short-term pressures and capture growth opportunities to deliver attractive returns over the long term. To this end, recommendations […]
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Fintechs like Block and PayPal are battling like never before to be your all-in-one online bank
Jack Dorsey, co-founder of Twitter Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Jack Dorsey’s Block got started as Square, offering small businesses a simple way to accept payments via smartphone. Affirm began as an online lender, giving consumers […]
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Trump takes aim at ‘wasteful’ government spending by ordering end to penny production
U.S. President Donald Trump meets with Japan’s Prime Minister Shigeru Ishiba (not pictured) at the White House in Washington, U.S., Feb. 7, 2025. Kent Nishimura | Reuters President Donald Trump ordered a halt to the production of new pennies, which he said will help reduce “wasteful” government spending. “For far too long the United States […]
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