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Rises Ahead of Earnings After Announcing 7% Job Cuts","url":"https://stock-news.laohu8.com/highlight/detail?id=2655889768","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2655889768?lang=en_us&edition=fundamental","pubTime":"2026-07-29 01:12","pubTimestamp":1785258762,"startTime":"0","endTime":"0","summary":"BUZZ-PREVIEW-Visa rises ahead of earnings after announcing 7% job cuts** Shares of VisaV.Nrise 1% to $366.62 ahead of its quarterly earnings result due on Tuesday after markets close** Wall Street analysts are expecting a ~12% rise in net revenue to $11.4 bln culminating in an adj EPS of $3.23, up 8.3%** V plans to cut 7% of its workforce, or about 2,600 jobs,  as the payments processor seeks to become more efficient, the companyannounced** Consumer spending remained resilient in the second quarter of 2026, which is usually positive for the world's largest payments processor** Among 45 analysts covering Visa, avg rating is 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Announces Layoffs Ahead of Earnings as AI and Restructuring Accelerate","url":"https://stock-news.laohu8.com/highlight/detail?id=2655886216","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2655886216?lang=en_us&edition=fundamental","pubTime":"2026-07-29 00:08","pubTimestamp":1785254880,"startTime":"0","endTime":"0","summary":"    $Visa(V)$ CEO Ryan McInerney announced Tuesday that the payments giant was slashing roughly 7% of its workforce as part of a streamlining effort.      The company plans to cut 2,600 jobs, 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Plans to Cut 7% of Workforce to Boost Efficiency in Competitive Payments Sector","url":"https://stock-news.laohu8.com/highlight/detail?id=1134913536","media":"Deep News","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1134913536?lang=en_us&edition=fundamental","pubTime":"2026-07-28 23:01","pubTimestamp":1785250879,"startTime":"0","endTime":"0","summary":"Visa is set to eliminate approximately 2,600 positions as CEO Ryan McInerney aims to enhance operational efficiency amid intensifying competition in the payments industry.According to a staff 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Chatter: Visa to Cut 2,600 Jobs","url":"https://stock-news.laohu8.com/highlight/detail?id=2654188007","media":"MT Newswires Live","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2654188007?lang=en_us&edition=fundamental","pubTime":"2026-07-28 21:13","pubTimestamp":1785244429,"startTime":"0","endTime":"0","summary":"Visa  is cutting roughly 2,600 jobs, representing 7% of its workforce, as part of Chief Executive Ryan McInerney's aim to streamline the company, Bloomberg reported Tuesday, citing a staff memo.The cuts will mainly hit technology and product teams, according to the memo seen by Bloomberg.Visa didn't immediately respond to a request for comment from MT Newswires.","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU2125154935.USD","LU0354030511.USD","LU2028103732.USD","LU1035775433.USD","LU2089283258.USD","BK4581","LU0265550359.USD","LU1069344957.HKD","LU0175139822.USD","LU1989772923.USD","LU2106854487.HKD","LATR","LU2746668974.SGD","LU1670628061.USD","LU1935042488.USD","LU0942090050.USD","LU2471134523.USD","IE00BQXX3C00.GBP","LU0994945656.USD","LU2023251221.USD","IXG","LU2361044865.SGD","FNCL","SG9999014906.USD","V","TRUF","IE0000B7K699.USD","LU0170899867.USD","TFNS","LU0823417737.USD","VFH","LU2242649171.HKD","UYG","BK4227","LU0823434740.USD","FDFF","LU2506952097.USD","LU2750360997.AUD","XLF","LU0289941410.SGD","LU0708995401.HKD","IE000BZT7R73.USD","IPAY","IE00BQXX3F31.USD","LU2111349929.HKD","LU1121112475.USD","IYG","LU0234570918.USD","LU0957808578.USD","LU0215105999.USD"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2654007972","title":"Visa Slashing 2,600 Jobs as it Adapts to Changing Payments Industry","url":"https://stock-news.laohu8.com/highlight/detail?id=2654007972","media":"Dow Jones","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2654007972?lang=en_us&edition=fundamental","pubTime":"2026-07-28 21:12","pubTimestamp":1785244320,"startTime":"0","endTime":"0","summary":"Visa is cutting 2,600 jobs, or about 7% of its workforce, as it works to adapt to the rapidly changing payments industry.Chief Executive Ryan McInerney said in a memo to employees that most of the roles affected would be on technology and product teams, but that there would be cuts across the organization. He said technology trends are creating \"a once-in-lifetime inflection point in payments\" that is changing how money moves around the world.\"To capture the opportunities ahead and best position Visa to lead this transformation, we must continue evolving how we work,\" he wrote in a memo viewed by The Wall Street Journal.He said AI is helping to accelerate the evolution and shaping \"the way work gets done at Visa.\"Visa joins a bevy of other large companies that have looked to slim down their organizations and gain more efficiency from AI. The likes of Intuit, Cisco and Facebook-parent Meta have announced cuts in the last several months, citing AI.Visa is set to report its quarterly earn","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":"Visa Slashing 2,600 Jobs as it Adapts to Changing Payments 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Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call","url":"https://stock-news.laohu8.com/highlight/detail?id=2654092600","media":"Benzinga Earnings","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2654092600?lang=en_us&edition=fundamental","pubTime":"2026-07-28 19:32","pubTimestamp":1785238333,"startTime":"0","endTime":"0","summary":"Visa Inc. (V) will release its third quarter earnings on Tuesday, July 28. Analysts expect earnings of $3.23 per share and revenue of $11.4 billion. Visa shares gained 1.9% on Monday.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/analyst-stock-ratings/price-target/26/07/60720165/visa-earnings-are-imminent-these-most-accurate-analysts-revise-forecasts-ahead-of-earnings-call-2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["V"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2654086220","title":"Stocks to Watch: SK Hynix, Mercedes-Benz, Boeing, Coca-Cola","url":"https://stock-news.laohu8.com/highlight/detail?id=2654086220","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2654086220?lang=en_us&edition=fundamental","pubTime":"2026-07-28 17:49","pubTimestamp":1785232140,"startTime":"0","endTime":"0","summary":"Samsung , SK Hynix : Shares in both chipmakers dropped more than 13% as part of a broader selloff amid mounting doubts over the AI boom. The slump extended to peers Micron Technology , Western Digital Corp , Intel , Taiwan Semiconductor Manufacturing , and ASML .Unilever : Shares in the consumer-goods company jumped after it bumped its full-year outlook and said quarterly sales volume surged to more than a 16-year high.Mercedes-Benz Group : Shares in the luxury carmaker gained almost 4% after its second-quarter results beat investor expectations, even as it cut its sales forecast amid a worsening Chinese market.Barclays : The British bank posted a rise in second-quarter profit but reported higher-than-expected credit impairments. Shares fell more than 5%.Koninklijke Philips : Shares fell as much as 11% after the Dutch medical-technology company reported a decline in orders for the second quarter.Boeing , Coca-Cola , PayPal Holdings , S&P Global , GSK : The companies are due to report 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Financial Holdings Inc. Stock Underperforms Monday When Compared to Competitors Despite Daily Gains","url":"https://stock-news.laohu8.com/highlight/detail?id=2654025307","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2654025307?lang=en_us&edition=fundamental","pubTime":"2026-07-28 05:18","pubTimestamp":1785187080,"startTime":"0","endTime":"0","summary":"DJ Bread Financial Holdings Inc. Stock Underperforms Monday When Compared To Competitors Despite Daily GainsThis article was automatically generated by MarketWatch using technology from Automated Insights.Shares of Bread Financial Holdings Inc.  rallied 1.73% to $106.11 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index  rising 0.02% to 7,413.18 and the Dow Jones Industrial Average  rising 0.51% to 52,210.08.This was the stock's seventh consecutive day of gains.Bread Financial Holdings Inc. closed 3.46% short of its 52-week high of $109.91, which the company achieved on June 30th.The stock underperformed when compared to some of its competitors Monday, as Visa Inc. Cl A  rose 1.91% to $362.53, American Express Co.  rose 2.83% to $335.39, and Capital One Financial Corp.  rose 2.08% to $207.05.Trading volume  eclipsed its 50-day average volume of 716,842.Data source: Dow Jones Market Data, FactSet. 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PayPal and Boeing will report before the market 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