🔴 Visa is trading 3% down today despite strong Q1 earnings beat

Visa is trading at $321.85 (-3%) amid a broader market decline, continuing its slip after Q1 FY26 earnings, which, despite beating estimates, failed to impress investors.

• Q1 FY26 results included $10.9B revenue (up 15%) and $3.17 EPS, both surpassing consensus expectations.
• The initial negative reaction saw the stock drop 1% after-hours, despite strong growth reported in payments and cross-border volumes.
• Today's move aligns with the general market weakness, as the S&P 500 (-0.35%) and Nasdaq (-0.98%) trade lower due to tech pressure and macro concerns.