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India's central bank fines Visa for unauthorised payment method

India's central bank fines Visa for unauthorised payment method BENGALURU, July 26 (Reuters) - The Reserve Bank of India imposed a penalty of 24.1 million rupees (nearly $288,000) on Visa V.N in relation to its usage of an unauthorised payment transfer method, the central bank said on Friday. "It was observed that the entity (Visa) had implemented a payment authentication solution without regulatory clearance from RBI," the central bank said in a statement, without providing details on the trans
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S&P and Nasdaq close at multi-week lows as Tesla, Alphabet weigh heavily

US STOCKS-S&P and Nasdaq close at multi-week lows as Tesla, Alphabet weigh heavily S&P 500 snaps 356-session run without a 2% decline Worst single-day performance for Nasdaq since October 2022 Tesla posts largest daily fall since Sept. 2020 on earnings Indexes down: Dow 1.25%, S&P 2.31%, Nasdaq 3.64% Updates with closing prices By David French July 24 (Reuters) - The S&P 500 and Nasdaq ended at multi-week lows on Wednesday, with the S&P snapping one of its longest streaks without a daily decline
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S&P and Nasdaq end at multi-week lows with Tesla, Alphabet weighing

US STOCKS-S&P and Nasdaq end at multi-week lows with Tesla, Alphabet weighing S&P 500, Dow hit multi-week lows Visa falls after missing revenue growth forecasts AT&T rises after beating subscriber-addition estimates Enphase Energy up after results Updates to close By David French July 24 (Reuters) - The S&P 500 and Nasdaq closed at multi-week lows on Wednesday, as lackluster earnings from Tesla and Alphabet undermined investor confidence in megacap tech names that had previously driven 2024's eq
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S&P and Nasdaq fall to multi-week lows as Tesla, Alphabet weigh

US STOCKS-S&P and Nasdaq fall to multi-week lows as Tesla, Alphabet weigh S&P 500, Dow hit multi-week lows Visa falls after missing revenue growth forecasts AT&T rises after beating subscriber-addition estimates Enphase Energy up after results Indexes down: Dow 0.85%, S&P 1.8%, Nasdaq 3% Updated at 2.04 p.m. ET/ 1804 GMT By Lisa Pauline Mattackal and David French July 24 (Reuters) - The S&P 500 and Nasdaq slumped to multi-week lows on Wednesday after Tesla and Alphabet disappointed with lacklust
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U.S. STOCKS Tesla, Lamb Weston, Blackstone Mortgage Trust

BUZZ-U.S. STOCKS ON THE MOVE-Tesla, Lamb Weston, Blackstone Mortgage Trust Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq plummeted to a one-month low on Wednesday after Tesla and Alphabet disappointed with lackluster earnings, prompting investors to question if the Big Tech and AI-fueled 2024 equity rally was sustainable in the long run.
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U.S. STOCKS FTAI Aviation, Check Point, Sage Therapeutics

BUZZ-U.S. STOCKS ON THE MOVE-FTAI Aviation, Check Point, Sage Therapeutics Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street fell on Wednesday, with the tech-heavy Nasdaq leading declines after lackluster quarterly results from Tesla and Alphabet raised questions about the sustainability of the Big Tech and AI-led 2024 equity rally.
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Nasdaq hits one-month low as Tesla, Alphabet knock megacaps down

US STOCKS-Nasdaq hits one-month low as Tesla, Alphabet knock megacaps down For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. S&P 500, Dow hit multi-week lows Visa falls after missing revenue growth forecasts AT&T rises after beating subscriber-addition estimates Enphase Energy up after results Indexes down: Dow 0.85%, S&P 1.61%, Nasdaq 2.55% Updated at 11;42 a.m.
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Stocks slide as Tesla, Alphabet earnings drag on megacaps

US STOCKS-Stocks slide as Tesla, Alphabet earnings drag on megacaps For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Visa falls after missing revenue growth forecasts AT&T rises after beating subscriber-addition estimates Enphase Energy up after results Rivian falls; faces trial in Tesla trade secrets theft case Indexes down: Dow 0.51%, S&P 1.16%, Nasdaq 1.82% Updated at 9:51 a.m.
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Payments bellwether Visa falls after Q3 revenue miss, drags rivals

BUZZ-Payments bellwether Visa falls after Q3 revenue miss, drags rivals Updates ** Shares of world's largest payments processor Visa V.N fall ~4% to $254.14 in morning trading ** V after market on Tuesday reported Q3 revenue that fell short of Wall Street expectations as steep borrowing costs limited consumer spending ** Co posted Q3 revenue of $8.
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Visa's revenue miss prompts caution on Wall Street

UPDATE 1-Visa's revenue miss prompts caution on Wall Street Updates stock prices in paragraphs 4 and 7 By Niket Nishant and Manya Saini July 24 (Reuters) - Visa's V.N underwhelming third-quarter revenue prompted a number of brokerages to cut their price targets on the company's stock, stoking concerns about slowing growth in customer spending and casting a shadow on the U.S.
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Nasdaq futures set to slide at open after Tesla, Alphabet disappoint

US STOCKS-Nasdaq futures set to slide at open after Tesla, Alphabet disappoint For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Visa falls after missing revenue growth forecasts AT&T rises after beating subscriber-addition estimates Enphase Energy, Texas Instruments up after results Rivian falls; will face trial in Tesla trade secrets theft case Futures down: Dow 0.45%, S&P 500 0.90%, Nasdaq 1.39% Updated at 8:27 a.m.
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Visa's revenue miss prompts caution on Wall Street

Visa's revenue miss prompts caution on Wall Street By Niket Nishant and Manya Saini July 24 (Reuters) - Visa's V.N underwhelming third-quarter revenue prompted a number of brokerages to cut their price targets on the company's stock, stoking concerns about slowing growth in customer spending and casting a shadow on the U.S. payments industry. The results underscore the challenges the industry is facing after several quarters of growth as inflation and high borrowing costs prompt a large section
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U.S. STOCKS Estee Lauder, Enphase, GE Vernova

BUZZ-U.S. STOCKS ON THE MOVE-Estee Lauder, Enphase, GE Vernova Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street futures fell on Wednesday, with those tracking the tech-heavy Nasdaq recording the steepest losses after weak quarterly earnings from Tesla and Alphabet, as investors questioned the dominance of Big Tech and euphoria around AI.
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Futures slide after Tesla, Alphabet earnings disappoint

US STOCKS-Futures slide after Tesla, Alphabet earnings disappoint For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. AT&T rises after beating subscriber-addition estimates Enphase Energy, Texas Instruments up after results Visa falls after missing revenue growth forecasts Rivian falls; will face trial in Tesla trade secrets theft case Futures down: Dow 0.42%, S&P 500 0.69%, Nasdaq 1.04% Updated at 6:54 a.m.
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Visa Inc - Files For Mixed Shelf Offering Size Not Disclosed- SEC Filing

BRIEF-Visa Inc - Files For Mixed Shelf Offering Size Not Disclosed- SEC Filing July 24 (Reuters) - Visa Inc V.N : VISA INC - FILES FOR MIXED SHELF OFFERING; SIZE NOT DISCLOSED- SEC FILING Source text for Eikon: [ID:n0001628280-24-032655] Further company coverage: V.N
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Street View: Visa's revenue growth under scanner after rare miss

BUZZ-Street View: Visa's revenue growth under scanner after rare miss ** Visa's Q3 revenue fell short of Wall Street targets in a rare miss on Tuesday, as steep borrowing costs limited consumer spending ** Shares of the world's largest payments processor down 3% in premarket trading on Wednesday ** At least six brokerages cut price targets after results TREADING CHOPPY WATERS ** Raymond James ("Outperform," PT: $296) says investors will likely shift their focus to management's initial FY25 outlo
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Nasdaq futures slide as first Big Tech results disappoint

US STOCKS-Nasdaq futures slide as first Big Tech results disappoint For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures down: Dow 0.44%, S&P 500 0.66%, Nasdaq 0.91% July 24 (Reuters) - Futures tied to the Nasdaq fell sharply on Wednesday, as quarterly earnings from Tesla and Alphabet underscored investor concerns around the dominance of Big Tech stocks that have boosted Wall Street to all-time highs.
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Payments bellwether Visa falls after Q3 revenue miss

BUZZ-Payments bellwether Visa falls after Q3 revenue miss ** Shares of world's largest payments processor Visa V.N fall ~3% to $256.50 in premarket trading ** V after market on Tuesday reported Q3 revenue that fell short of Wall Street expectations as steep borrowing costs limited consumer spending ** Co posted Q3 revenue of $8.90 bln missing estim
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U.S. Alphabet, GE Aerospace, Tesla

U.S. RESEARCH ROUNDUP-Alphabet, GE Aerospace, Tesla July 24 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Alphabet, GE Aerospace and Tesla, on Wednesday. HIGHLIGHTS * Alphabet Inc GOOGL.O : Piper Sandler raises target price to $206 from $200 * GE Aerospace GE.N : JP Morgan raises target price to $190 from $175 * HCA Healthcare Inc HCA.N : Leerink Partners raises target price to $396 from $367 * Kimberly-Clark Corp
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Visa Q3 EPS USD 2.4

BRIEF-Visa Q3 EPS USD 2.4 Jul 23 (Reuters) - Visa Q3 revenue USD 8,900 million vs. IBES estimate USD 8,890 million. Q3 adjusted net income USD 4,900 million vs. IBES estimate USD 4,903 million Q3 net income USD 4,900 million Q3 adjusted EPS USD 2.42 vs. IBES estimate USD 2.42 Q3 EPS USD 2.4
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