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VISA profit beats estimates
Visa profit beats estimates as discounts fuel holiday shopping splurge
Visa's first-quarter profit beat Wall Street estimates on Thursday, as easing concerns about an economic slowdown and discounts encouraged customers to splurge during the holiday shopping season. Retailers offered deep discounts on everything from apparel to toys and luxury products to lure cost-conscious consumers while online sales remained strong thanks to a boom in mobile shopping.
Visa's holiday spending, partnerships fuel earnings beat
The card brand also touted its payments partnership with the social media platform X as evidence of strength in its partnership strategy.
Visa Profit Tops Forecasts as Consumer Spending Holds Up
Visa on Thursday reported $5.1 billion of profits for the final three months of 2024, up 5% from the year prior, as consumer spending remains solid even as some inflation persists. Visa’s per-share earnings for its fiscal first quarter amounted to $2.
X's Partnership With VISA Points Musk
Elon Musk’s ‘X Money’ Partners With Visa For Payments—Here’s What To Know About Venmo Rival
Musk once dreamed of making X the “biggest financial institution in the world,” taking the first step of launching a peer-to-peer payments competitor to PayPal’s Venmo, Block’s Cash App and bank-owned Zelle.
Elon Musk’s X partners with Visa to provide financial services
Elon Musk’s social media company, X, said on Tuesday that it was teaming up with Visa to provide financial services, in a step toward Musk’s plans of expanding it into an “everything app.” The new financial feature,
X’s Partnership With Visa Points Musk Back Toward Financial Roots
Elon Musk is nearly everywhere. He already boasts a presence in electric vehicles, artificial intelligence, social media, and politics. Now, he appears to be carving out a space in financial services.
CNET on MSN
2h
X Reveals New Partnership With Visa for Digital Payments. What We Know
It looks like Elon Musk's X wants to get in the ring with Venmo and Zelle. The social media platform says it's partnering ...
2d
Prince Harry Visa Case Hits First Major Test Under Donald Trump
The new president has said he "wouldn't protect" the Duke of Sussex over a lawsuit about the royal's visa, and a court ...
1d
on MSN
Visa approval crisis threatens to cost 2026 World Cup and L.A. Olympics millions
Will the Trump administration fix a backlogged visa approval process in time for fans from many countries to attend the World ...
1d
on MSN
Prince Harry visa case to have first hearing under Trump, court date set
It will mark the first court appearance since the former working royal’s visa status was thrust into doubt following the ...
3h
V Earnings: Visa Gains after Topping Q4 Estimates
Shares of Visa (V) saw a slight boost in after-hours trading after the credit card company reported earnings for its fourth quarter of Fiscal ...
2d
on MSN
Hundreds of US visa appointments canceled in Colombia following spat with Trump over deportations
The move followed a dispute between President Trump and President Gustavo Petro over deportation flights that nearly turned ...
2d
X announces a partnership with Visa to power X Money’s wallet
Elon Musk-owned social network X announced a partnership with Visa to handle person-to-person payments for its upcoming X ...
2d
X Taps Visa as First Digital-Wallet Partner for ‘Everything App’
Elon Musk struck a deal with Visa Inc., naming the payments company the first major partner on his mission to turn X into an ...
4h
Visa Q1 earnings top consensus, driven by strong holiday spending, cross-border volume
Visa (V) earnings and revenue for the first quarter of its fiscal year exceeded consensus estimates as its payment volume ...
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