$V

Visa, via comments from Michele Herron (North America Value Added Services), says its research with PYMNTS shows AI-enabled shoppers make more digital buying days and consider payment preference when choosing where to shop. The article highlights merchant challenges in recognizing AI agents, using machine-readable catalogs, and ensuring payment acceptance. Visa is working on catalog enrichment, trusted-agent protocols, and tokenization.

Visa says its “Agentic Ready” certification program is moving agent-initiated payments from proof of concept to production, citing a July 2, 2026 Germany live transaction involving Worldline, ING, and Visa. Visa claims issuer systems can handle agentic payments and is standardizing issuer-layer validation. It cites consumer trust survey data and notes rollout with banks and partners across regions.

Pershing Square Holdings, managed by Bill Ackman, initiated new positions in Netflix and five other stocks in Q2 after a sell-off. According to Pershing’s interim report, Netflix shares were bought after a 50% drop from June 2025 highs and a valuation de-rating. Other buys were Visa, Mastercard, S&P Global, Intercontinental Exchange, and Alcon, amid AI-disruption concerns.

On Monday, Aug 10, 2026, the Dow Jones Industrial Average fell 60.95 points, or 0.11%, to close at 53,975.98, after opening at 54,072.66 and briefly dropping to 53,850.19. The move followed a weak US jobs report and rising crude prices tied to Strait of Hormuz uncertainty, with tech weakness offsetting energy strength.

Pershing Square’s Q2 update says Bill Ackman’s Pershing Square USA (PSUS) raised a $5 billion IPO and has deployed over 95% of PSUS capital across 14 investments, including new positions in Visa, Mastercard, Intercontinental Exchange, Netflix, Alcon and S&P Global. The article lists Q2 2026 holdings and notes Ackman’s long-term return goal above 20% gross annually.

Visa partnered with USSC Money Services Inc. (UMSI) to launch U Accept, a phone-based contactless card payment solution for SMEs in the Philippines. Integrated into UMSI’s uGrow app and powered by Visa Accept, it requires an NFC-enabled smartphone and basic documentation. UMSI says there is no onboarding fee, but standard merchant discount rates apply, with near-real-time fund credits.

Mastercard (MA) and Visa (V) reported quarterly results. Visa posted $11.63B net revenue and $72B transactions, with data processing revenue up 17%. Mastercard reported adjusted EPS $5.04 (vs $4.77 est), value-added services up 20%, adjusted operating margin 61.1%, and net income growth 18.56%. The article contrasts agentic commerce and stablecoin efforts, including Mastercard’s BVNK deal.

Tiger Global Management, per its SEC 13F for Q2 2026, reported $23.98B in U.S. stocks across 46 holdings as of June 30. The fund trimmed top positions including Alphabet, Broadcom, Nvidia, and TSMC, and fully exited AppLovin and Zillow. It added new AI-chip bets in Cerebras (~$660M) and AMD (~$392M), increased Intel (~$365M), and initiated Seagate (~$275M) and Visa (~$274M).

Bill Ackman’s Pershing Square USA (PSUS) added six new stock picks, including Visa (V) and Mastercard (MA), according to its quarterly results and upcoming 13F. Berkshire Hathaway’s CEO Greg Abel exited both Visa and Mastercard in the first quarter, selling about 8.3M Visa shares and 4.0M Mastercard shares. Article cites Visa and Mastercard forward P/E around 23x and 24x.

Pershing Square Capital Management, led by Bill Ackman, added six new stocks to its portfolio: Netflix, Visa, Mastercard, S&P Global, Intercontinental Exchange, and Alcon, aiming for durable earnings growth and free cash flow. The article cites expected 20% EPS growth over 3-5 years and valuation around 19x earnings. It also notes Netflix Q2 revenue up 13.4% to $12.6B and Alcon fiscal Q1 sales $2.7B.