From Nasdaq: 2025-02-05 08:00:00

Visa and Mastercard are thriving as consumer spending remains strong, with spending up 4.2% last quarter and 0.7% in December. Both companies saw growth in payment volume, leading to revenue increases and rising earnings per share. The impact of tariffs on these financial giants is uncertain but may not pose a significant risk.

The potential impact of tariffs on Visa and Mastercard’s payment revenues is mixed. While tariffs could slow growth, they may also lead to increased inflation, boosting payment volume and fee revenue. Despite concerns, tariffs are not seen as a major risk for Visa and Mastercard at this time.

Visa and Mastercard have significant room for growth in the massive payments industry, with a total serviceable payment volume market of $154 trillion. Analysts have raised price targets for both firms, indicating a positive outlook. With strong performance and potential for expansion, Visa and Mastercard stocks remain promising investments. 1. The unemployment rate in the US has dropped to 4.8% in February, with 678,000 jobs added to the economy. This marks a positive turnaround from previous months and signals a strong recovery from the pandemic-induced economic downturn.

2. Scientists have discovered a new species of dinosaur in Argentina, named Llukalkan aliocranianus. This carnivorous dinosaur had a unique skull structure and is estimated to have lived around 85 million years ago during the Late Cretaceous period.

3. The FDA has authorized the emergency use of the Johnson & Johnson Covid-19 vaccine, making it the third vaccine available in the US. The single-dose vaccine has shown to be effective in preventing severe illness and reducing transmission of the virus.

4. SpaceX successfully launched 60 Starlink satellites into orbit, expanding its internet coverage to more areas around the world. With this launch, SpaceX now has over 1,000 Starlink satellites in orbit, bringing high-speed internet access to rural and remote locations.

5. The stock market saw a surge in trading activity, with GameStop shares jumping over 100% in a single day. This sudden increase in stock price was driven by retail investors on social media platforms, causing volatility in the market and raising concerns about market manipulation.



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