Visa Stock News

Markets were mixed before a speech by Fed Chief Powell slated for tomorrow morning.

The legal questions facing Visa could benefit the payment giant's rivals. But some think the concerns are overdone and Visa is a buy as well.

Visa stock continues to fall after the Justice Department accused the payments giant of monopolizing the debit card market. Here's what investors need to know.

Visa (V) shares will likely remain in focus on Wednesday after slumping more than 5% yesterday following news that the U.S. Department of Justice (DOJ) had filed an antitrust lawsuit against the payments giant.

Most online brokers have shelved barriers and fees that had previously kept everyday investors on the sideline. America's hottest stock, artificial intelligence (AI) kingpin Nvidia, is contending with mounting headwinds and is worth avoiding.

The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses its size and dominance to stifle competition in the debit card market, costing consumers and businesses billions of dollars.

Visa Inc (NYSE:V, ETR:3V64) has been accused by the US of illegally hampering competition within the debit card market. America's justice department filed an antitrust lawsuit the case on Tuesday, claiming Visa had paid off potential competitors and punished those looking to use alternative payment methods.

Following through on reports circulated Monday (Sept. 23), the U.S. Department of Justice filed an antitrust lawsuit against Visa, accusing it of stifling competition in the debit card market and suppressing alternatives.