The U.S. Department of Justice (DOJ) is likely to file a lawsuit against Visa Inc. (V) , accusing the latter of monopolizing the U.S. debit card market, per Bloomberg. The DOJ has claimed that Visa engaged in anti-competitive practices, such as making exclusive deals that prevent other payment processors from growing and blocking technology companies from entering the market. By doing so, the company allegedly solidified its dominance in the market and stifled competition.The DOJ's goal is to challenge Visa ...

The U.S. Justice Department reportedly plans to file an antitrust suit against Visa as early as Tuesday (Sept. 24).The agency plans to allege that the company illegally monopolized the U.S. debit card market through a range of anticompetitive acts, Bloomberg reported Monday (Sept. 23), citing unnamed sources.The Justice Department could not be reached by PYMNTS for comment outside of normal business hours.Visa did not immediately reply to PYMNTS’ emailed request for comment.The Justice Department’s case wil ...

The latest trading session saw Visa (V) ending at $288.63, denoting a +1.36% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 0.28%. Meanwhile, the Dow gained 0.15%, and the Nasdaq, a tech-heavy index, added 0.15%.Shares of the global payments processor have appreciated by 6.48% over the course of the past month, underperforming the Business Services sector's gain of 6.6% and outperforming the S&P 500's gain of 2%.The upcoming earnings release of Visa will b ...

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles.Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the ...

Visa Inc. (V, Financial) is a household name, and for good reason. That little blue-and-gold card has become a global symbol of convenience, tucked away in wallets around the world, supported by strong financials, a dominant market position and strategic investments in emerging technologies like blockchain and digital wallets. However, with its stock trading at a premium price-earnings ratio above 30 and facing rising competition from fintech disruptors like Block (SQ, Financial) and PayPal (PYPL, Financial ...

Miami, Florida , Sept. 18, 2024 (GLOBE NEWSWIRE) -- Leading digital banking platform Ibanera, spearheaded by CEO Michael Carbonara, announced today its collaboration with Visa, a world leader in digital payments. This opportunity will enable Ibanera to leverage Visa’s card issuing capabilities to support its clientele’s banking and finance needs. Ibanera’s integration with Visa’s payment network will enhance accessibility to domestic and cross-border payments for businesses and their customers. The collabor ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Visa (V) .Visa currently has an average brokerage recommendation (ABR) of 1.39, on a scale of 1 ...

Visa (V) ended the recent trading session at $290.37, demonstrating a +1.05% swing from the preceding day's closing price. The stock exceeded the S&P 500, which registered a gain of 0.13% for the day. Meanwhile, the Dow experienced a rise of 0.55%, and the technology-dominated Nasdaq saw a decrease of 0.52%.Shares of the global payments processor have appreciated by 7.47% over the course of the past month, outperforming the Business Services sector's gain of 6.81% and the S&P 500's gain of 3.67%.The investm ...

TanjalaGicaVisa (NYSE:V) is the center of many high-quality investor portfolios, showcasing one of the most resilient, consistent, and highly profitable growth stories of the 2000s. Although Visa is typically perceived as an impeccable market-beating investment, this hasn't been the case for the past five years. In fact, Visa is lagging the market by nearly 20 points. As I expect 2025 to mark a tipping point for the company, this is the perfect time to recap Visa's 5-year underperformance, explain why I ...

Parkev Tatevosian, CFA has positions in Visa. The Motley Fool has positions in and recommends Visa. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...