Visa Inc. has been influenced by recent changes to H-1B immigration visa regulations which sent tech stocks tumbling. These changes added significant application fees impacting Indian IT companies resulting in a massive selloff, reducing market value by billions. These modifications have resulted in uncertainty, evident in Wall Street's mixed reactions. Notwithstanding, Visa announced it's exploring crypto rewards card partnerships potentially impacting its long term growth. Another noteworthy event includes Visa's performance at the Goldman Sachs conference. Despite the visa fee hike, it's important for investors to remember that they had enjoyed a solid rally earlier in the year. Reports reveal that both Hyperion Asset Management Ltd and Trust Point Inc have increased positions in Visa Inc. However, with the e-commerce giants Walmart and Amazon venturing into stablecoins, Visa and Mastercard stocks experienced a slight dip. Additionally, Visa also announced a dividend payout and the buyback of approximately 14 million shares in Q3 FY2025. Opinions differ on whether these movements make Visa a good buy in the current market.
Visa Stocks News Analytics from Mon, 24 Mar 2025 07:00:00 GMT to Sat, 27 Sep 2025 19:17:07 GMT -
Rating 5
- Innovation -3
- Information 8
- Rumor -1
