Reported about 23 hours ago
Visa has surpassed earnings expectations in its fiscal third quarter, posting a revenue increase of 14% year-over-year, amounting to $10.17 billion. CEO Ryan McInerney noted strong consumer spending and announced that the company is exploring advancements in AI and stablecoin products, despite concerns over how stablecoins could affect traditional payment systems. Visa shares fell nearly 3% in after-hours trading, although the stock had risen approximately 11% throughout 2025.
Source: YAHOO