Latest news with #Visa
Yahoo
16 hours ago
- Business
- Yahoo
Beyond the "Magnificent Seven": My Top 2 Stocks to Become the Next Market Leaders
Taiwan Semiconductor and Visa could reach the size of the "Magnificent Seven" stocks. Visa's consistent growth can boost its earnings significantly higher in 10 years. Taiwan Semiconductor Manufacturing is a key beneficiary of the AI race. 10 stocks we like better than Taiwan Semiconductor Manufacturing › We all know about the "Magnificent Seven" stocks. These companies have generated huge gains for shareholders and now combine to have a market cap of around $15 trillion. It has been incredible to watch these technology giants take over the business world. But what about the next Magnificent Seven stocks? Here are my two top choices for stocks that will become market leaders over the next decade due to the sustained tailwinds that will drive underlying profit growth. In fact, one of these stocks already has a market cap of over $1 trillion, but I think it can get much larger over the next 10 years. The most prolific payments company in the world is Visa (NYSE: V). Last year, it processed $13.2 trillion in digital payments in 160 different currencies through 233.8 billion transactions. That is all in just one calendar year. There are now 4.8 billion Visa debit and credit cards in circulation, almost one for every person on earth. Immense scale gives Visa a competitive advantage via a network effect, which makes it almost impossible for upstarts to compete. Multiple tailwinds help Visa's revenue grow. First, it grows along with incomes, consumer spending, and business transactions around the globe. Second, it grows with the adoption of digital payments over physical cash. Third, it is boosted by inflation as the company earns a small fee for every dollar spent through its network -- so if items cost more, that is more revenue paid to Visa. These factors and Visa's competitive moat are why Visa's revenue is up 171% cumulatively in the past 10 years. These tailwinds should continue over the next 10 years. However, Visa is now looking for more ways to drive growth through what it calls valued-added services such as security, fraud protection, and analytics for merchant and banking partners. This segment grew revenue 22% year over year last quarter and can keep uplifting overall revenue growth. Visa has high profit margins of 66%. This is due to its asset-light business model and wide competitive advantage. Over the next 10 years, I expect Visa's profit margin to keep climbing higher as it gets more scale over its fixed cost base. When combined with the sustained economic tailwinds, I think the company's $25 billion in operating income can more than double 10 years from now to between $50 billion and $100 billion. This would put it in the same category of the Magnificent Seven stocks and will help Visa keep growing its market cap and stock returns for shareholders. Visa is a steady compounder, but some may say a boring business. If you look at its revenue chart, it basically goes up in a straight line. The same cannot be said of Taiwan Semiconductor Manufacturing (NYSE: TSM) -- otherwise known as TSMC -- and its explosive revenue potential in the next 10 years. TSMC is the premier manufacturer of advanced semiconductors in the world. Due to a large level of reinvestment in technological advances and its model of taking outsourced orders from computer chip designers as opposed to the traditional model of building and selling chips yourself, TSMC has expanded its lead and is now crowding out the field with its ability to produce cutting-edge computer chips at scale. These computer chips are vital for artificial intelligence (AI), which is leading TSMC customers such as Nvidia, Advanced Micro Devices, and Alphabet to greatly increase their orders. As usage of AI continues, TSMC's revenue should grow as well. We're still in the very early days of AI, giving TSMC at least 10 more years of growth ahead for this market segment. Over the past 10 years, the company's revenue has grown by 250% to $97 billion. I expect revenue to more than double over the next 10 years due to AI, growing to around $250 billion. Using TSMC's best-in-class profit margins for a manufacturer of around 45%, $250 billion in revenue could turn into over $100 billion in annual earnings 10 years from now. That would put it in the same class as the technology giants today. Today, TSMC has a market capitalization of $1.2 trillion. If it gets its yearly operating earnings above $100 billion, I expect investors to value it significantly higher, making it a great buy for your portfolio today. Before you buy stock in Taiwan Semiconductor Manufacturing, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Taiwan Semiconductor Manufacturing wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $674,432!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,005,854!* Now, it's worth noting Stock Advisor's total average return is 1,049% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of July 7, 2025 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Brett Schafer has positions in Alphabet. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Nvidia, Taiwan Semiconductor Manufacturing, and Visa. The Motley Fool has a disclosure policy. Beyond the "Magnificent Seven": My Top 2 Stocks to Become the Next Market Leaders was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
18 hours ago
- Business
- Globe and Mail
Beyond the "Magnificent Seven": My Top 2 Stocks to Become the Next Market Leaders
Key Points Taiwan Semiconductor and Visa could reach the size of the "Magnificent Seven" stocks. Visa's consistent growth can boost its earnings significantly higher in 10 years. Taiwan Semiconductor Manufacturing is a key beneficiary of the AI race. 10 stocks we like better than Taiwan Semiconductor Manufacturing › We all know about the "Magnificent Seven" stocks. These companies have generated huge gains for shareholders and now combine to have a market cap of around $15 trillion. It has been incredible to watch these technology giants take over the business world. But what about the next Magnificent Seven stocks? Here are my two top choices for stocks that will become market leaders over the next decade due to the sustained tailwinds that will drive underlying profit growth. In fact, one of these stocks already has a market cap of over $1 trillion, but I think it can get much larger over the next 10 years. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Visa's steady gains The most prolific payments company in the world is Visa (NYSE: V). Last year, it processed $13.2 trillion in digital payments in 160 different currencies through 233.8 billion transactions. That is all in just one calendar year. There are now 4.8 billion Visa debit and credit cards in circulation, almost one for every person on earth. Immense scale gives Visa a competitive advantage via a network effect, which makes it almost impossible for upstarts to compete. Multiple tailwinds help Visa's revenue grow. First, it grows along with incomes, consumer spending, and business transactions around the globe. Second, it grows with the adoption of digital payments over physical cash. Third, it is boosted by inflation as the company earns a small fee for every dollar spent through its network -- so if items cost more, that is more revenue paid to Visa. These factors and Visa's competitive moat are why Visa's revenue is up 171% cumulatively in the past 10 years. These tailwinds should continue over the next 10 years. However, Visa is now looking for more ways to drive growth through what it calls valued-added services such as security, fraud protection, and analytics for merchant and banking partners. This segment grew revenue 22% year over year last quarter and can keep uplifting overall revenue growth. Visa has high profit margins of 66%. This is due to its asset-light business model and wide competitive advantage. Over the next 10 years, I expect Visa's profit margin to keep climbing higher as it gets more scale over its fixed cost base. When combined with the sustained economic tailwinds, I think the company's $25 billion in operating income can more than double 10 years from now to between $50 billion and $100 billion. This would put it in the same category of the Magnificent Seven stocks and will help Visa keep growing its market cap and stock returns for shareholders. V Operating Income (TTM) data by YCharts Taiwan Semiconductor's massive tailwinds Visa is a steady compounder, but some may say a boring business. If you look at its revenue chart, it basically goes up in a straight line. The same cannot be said of Taiwan Semiconductor Manufacturing (NYSE: TSM) -- otherwise known as TSMC -- and its explosive revenue potential in the next 10 years. TSMC is the premier manufacturer of advanced semiconductors in the world. Due to a large level of reinvestment in technological advances and its model of taking outsourced orders from computer chip designers as opposed to the traditional model of building and selling chips yourself, TSMC has expanded its lead and is now crowding out the field with its ability to produce cutting-edge computer chips at scale. These computer chips are vital for artificial intelligence (AI), which is leading TSMC customers such as Nvidia, Advanced Micro Devices, and Alphabet to greatly increase their orders. As usage of AI continues, TSMC's revenue should grow as well. We're still in the very early days of AI, giving TSMC at least 10 more years of growth ahead for this market segment. Over the past 10 years, the company's revenue has grown by 250% to $97 billion. I expect revenue to more than double over the next 10 years due to AI, growing to around $250 billion. Using TSMC's best-in-class profit margins for a manufacturer of around 45%, $250 billion in revenue could turn into over $100 billion in annual earnings 10 years from now. That would put it in the same class as the technology giants today. Today, TSMC has a market capitalization of $1.2 trillion. If it gets its yearly operating earnings above $100 billion, I expect investors to value it significantly higher, making it a great buy for your portfolio today. Should you invest $1,000 in Taiwan Semiconductor Manufacturing right now? Before you buy stock in Taiwan Semiconductor Manufacturing, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Taiwan Semiconductor Manufacturing wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $674,432!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,005,854!* Now, it's worth noting Stock Advisor 's total average return is1,049% — a market-crushing outperformance compared to180%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 7, 2025
Time Business News
18 hours ago
- Time Business News
Cheapest Free Fire Diamond Top Up Center for You
Have you ever experienced diamonds running out when you're approaching to win the games in Free Fire? And you tried to find Free Fire cheap top up but no gains. Desire a more enjoyable gaming experience, but the expensive recharge prices on the official website keep you away. Want top up in official website, but found you don't apply for any credit card? I once used an unknown third-party website with a very low price to recharge, but my account was banned. After stepping into the same trap as you, I found a recharge website that I will use for the rest of my life: LDShop. Why must go to? Please continue reading. Me, as a Free Fire addict, I've tried countless cheap Free Fire top sites that delayed diamond delivery or led to my account being banned. Until I found LDShop, founded by LDPlayer team. They created the Android emulator loved by 500M+ users worldwide. Under the efforts of the team, LDShop developed and achieved its mission: let players save cash & time, and enjoy playing more. Processed over 500K+ Free Fire top-ups, LDShop proved itself: 99% 5-star reviews (instant delivery + 0 bans), and 70% loyal buyers like me who keep back for cheap, secure top-up for Free Fire. I've tested and confirmed that LDShop's features actually work after topping up diamonds on 10+ platforms: Exclusive New Customer Discounts Simple & Instant Top-Up 100% Safe with No Account Ban Diverse Top-Up Options Late Delivery? Get Compensated! Multi-Server Support Top-Rated & Trusted by Players When I signed up and did first Free Fire cheap diamond top up diamonds in LDShop, the final price has been reduced a lots as it added the following discounts. Then I immediately called my friends to enjoy these discounts with me. Get a total of $30 coupon upon first registration First time subscription to email can enjoy a 5% discount Invite friends to register and enjoy a 15% recharge discount Additionally, the price of membership monthly/weekly card as well as Diamond recharge, is as low as 15% off. I have a player friend who has never applied for any credit card. Before, he could only choose recharge websites that were feasible for him. Until he happily discovered that LDShop supports more payment methods and became a loyal user of LDShop. Here are the payments supported by LDShop: Visa, Master Card, PayPal, and Google Pay. No more worried about payment channels when doing a cheap Free Fire top up. You cannot imagine how sad I was when I had to say goodbye to my high-level game account. I risked being banned and recharged on a cheap Free Fire top-up website with a price much lower than the market. The result is obvious and my account would not come back anymore. After I used LDShop for top-up, there was no password sharing and sketchy logins. Just codes for Free Fire cheap diamond top up. I've been LDShop client for one year and there were zero ban risks. How LDShop makes it? LDShop is working with authorized service providers to ensure safest recharges. My friend has been using Dundle to recharge Free Fire diamonds, but one day he wanted to top up membership and level up pass, and he couldn't found any in Dundle. He asked me if there were any recommended recharge websites. Without hesitation, I told my friend that LDShop not only provides Free Fire diamonds recharge, but also weekly and monthly membership and level up pass recharge, which can meet the various recharge needs of gamers. Usually, LDShop will instantly credited to my account when I do cheap Free Fire top-up. However, there was one time when I waited for 18 minutes but diamonds still didn't arrive. Then I contacted the online customer service, who quickly responded and solved the issue. She also told me that LDShop has the following compensation plan for delayed recharge: Delay over 1-2 hours to receive a 10% discount coupon Recharge overdue for 2-12 hours and receive a compensation package of 15% of the recharge amount Recharge overdue for 12-48 hours and receive a compensation package of 50% of the recharge amount Recharge exceeding 48 hours will receive a compensation gift package of the same value as the recharge amount I have a friend who only speaks Filipino. One day at 1am, he wanted to recharge Free Fire, but got stuck during the recharge process. He contacted online customer service, and the staff replied to him in fluent and authentic Filipino language, patiently solving the problem for him. This fast response and professional service team are also the reasons why LDShop has received high ratings (TrustPilot rating as high as 4.9). Need cheap free fire diamond top up without the sweat? Here's how I do it in under 2 minutes: STEP 1: Get in LDShop's Free Fire page – pick your server and diamond pack. STEP 2: Type your game ID only. (No password, no sketchy logins) Just paste it. STEP 3: Pay via Google Pay/PayPal/Visa/Master Card. STEP 4: Wait and diamonds will hit you in minutes. Plays Smooth on Any Phone: Unlike other large-scale games, Free Fire runs smoothly on any phone device no matter if it's old or new system. No excessive equipment performance requirements such as screen resolution. Quick Matches, Big Thrills A 10-minute match mean I can enjoy playing during a lunch break. 50 players drop in to pursue victory making game exciting. My crew uses in-game voice chat to plan of operation or laugh at failed grenade throws. Laughter and screams exist in the game simultaneously. New characters and rewards are updated from time to time. Attracting the players' pursuit of fresh hearts. Switching to Chinese took two clicks. My Filipino friend plays in Tagalog, and my Brazilian teammate in Portuguese. Land Smart, Survive Longer Consider spots like Bimasakti Strip or Cape Town to loot basics (armor, medkits), then ambush latecomers. Carry one close-range (MP40 or UMP) and one mid-range (SCAR or M4A1). Always keep 5 grenades for killing campers. If the safe zone is 500m away, move immediately. Use motorcycles for speed or armored trucks for cover. Never heal in open fields and hide behind rocks first. Daily login gives 10-50 diamonds. Complete 'Survival Handbook' missions for weapon skins. Watch in-game ads for trial elite passes. Still finding where to get Free Fire cheap top up without any risks? After falling into a pit many times, I announced that LDShop stands out with its fast and safe top-up service. No more concerned about prices, payment channels, account ban, recharge choices, language barrier, and late delivery. LDShop keeps you enjoying playing, not worrying. Ready to boost your firepower? Hit LDShop now! TIME BUSINESS NEWS
Yahoo
19 hours ago
- Business
- Yahoo
Fed's ISO ‘big bang' hits next week
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Financial institutions that seek to send payments via the Federal Reserve's Fedwire Funds Service must migrate to a new international standard come Monday. That's when banks are required to begin using the ISO 20022 standard for electronic payments they choose to send over that Fed real-time settlement rail. While the central bank delayed an implementation deadline multiple times, after a preliminary 2023 proposal, it says this one is for real. The Geneva-based International Organization for Standardization gave the world the ISO 20022 standard over two decades ago to encourage financial institutions around the world to embrace a more modern messaging system. Some 70 countries have already adopted the standard that provides operational efficiencies, more data-sharing and less outdated batch-processing. The shift will allow banks around the world to communicate, share data and operate by the same rules for cross-border payments, said Elias Ghanem, the global head of consulting firm Capgemini's Research Institute for Financial Services. The change has a host of implications for international commerce, he explained during an interview. Global payments are 'deep and complex,' said Ghanem, who formerly worked for Visa and PayPal Holdings.'It is essential that we all speak the same language. We harmonize the data. We harmonize the rails.' The Federal Reserve already put its new real-time payments system FedNow on the standard when it was launched in 2023. The bank-owned Clearing House also has its private real-time rail, the RTP network, using the ISO standard. The new standard will be particularly important for banks and credit unions seeking to send cross-border payments because many foreign financial counterparts already use the standard. The Fedwire channel handles some $4.7 trillion in worldwide commerce every day, with international commerce mainly conducted in U.S. dollars. 'This is a massive upgrade for the entire payment industry,' said Finzly CEO Booshan Rengachari. 'It is an upgrade for the entire world mainly because the dollar is the global currency.' Charlotte, North Carolina-based Finzly is a software provider to financial institutions that has been working to make sure its clients are prepared for this moment. It's not a gradual transition, but rather a 'big bang conversion' that happens Monday when the Fed shifts the Fedwire service to the new standard, Rengachari explained. It's the biggest event to happen in payments during his decades-long career in financial services, Rengachari said. The new standard not only allows banks and their clients more agility and efficiency in pursuing business opportunities, it also helps them work together to thwart threats, Ghanem said. 'We all reduce risk,' Ghanem said. 'We all fight together.' Most major U.S. banks are prepared for the Fed shift to ISO 20022, though some smaller institutions in the U.S. may not be, Ghanem said. If they haven't been able to implement the technology upgrade themselves, presumably they're working with an outside vendor to do so, he said. Mihail Duta, a director at financial services software provider Finastra in New York, said he also believes that most U.S. banks are prepared for the new standard. His London-based company, with a U.S. headquarters in Lake Mary, Florida, has been working with both the Federal Reserve and financial institutions to get them ready. 'We've touched every single customer to ensure that the right software is in place, that they've done their testing, that they have everything they need to process,' Duta said. While there could be some outlier situations with snafus, said Duta, he added that he doesn't expect any major banking disruptions on Monday. 'Given all the prep work and all the diligence that was done, I think it's unlikely that something dramatically wrong will go on July 14,' he said. To brace for any potential mishaps, Finastra is advising its financial institution clients to start a little earlier than usual on Monday to give themselves more processing time to 'work through any wrinkles,' he said. 'All providers, including the Fed, are thinking the same way: It's all hands on deck,' Duta said. 'I can tell you, from a Finastra perspective, nobody's taking off July 14.' That's the case for Rengachari's crew too. In fact, the company has reservations at nearby hotels for some of the firm's 200 employees that will be working more hours than usual. One of the key benefits of the technology associated with the new standard is its ability to carry more data with a given transaction. For instance, international purchase orders can carry documents, like an invoice, and more information about a particular shipment. The reports that banks can generate regarding those transactions will also benefit from the richer data, as will their fraud-fighting capabilities, Duta said. 'The foundation has been laid for a major transformation, and that's going to be a good thing for the entire industry,' Rengachari said. Regional U.S. banks that don't adopt the standard immediately may be less troubled because they're mainly focused on local transactions, Ghanem said. Mainly, it could mean delays for some payments, he said. But being in tune with the global payments ecosystem is ultimately important for all U.S. financial institutions, and may give those banks that are up-to-date on the standard an edge, he said. The new ISO standard links to payments systems run by different organizations, such as the Belgium-based international cooperative Swift, allowing them to better communicate with each other. Swift, which is a messaging system for global payments, has allowed users a more gradual conversion to the ISO standard, but is also moving toward a November 22 deadline to complete that transition. As for the Fedwire milestone Monday, Rengachari said he's confident it will go smoothly, after what he expects will be a busy weekend. 'If anything doesn't go the way it is planned, we will be there to make sure things are back on track,' he said. Rengachari has also prepared to celebrate Monday after the transition is complete, lining up a bottle of champagne to be opened. Clarification: The story has been updated to clarify that the Fed hadn't previously postponed the ISO standard implementation deadline set in its final notice. It had previously contemplated earlier implementation dates before the final notice. Recommended Reading Fed delays start of new Fedwire standard
CNA
a day ago
- Business
- CNA
JPMorgan plans to charge fintechs for customer data, Bloomberg News reports
JPMorgan Chase is planning to impose fees on fintech companies for access to its customer bank account data, Bloomberg News reported on Friday, citing people familiar with the matter. The largest U.S. lender has sent pricing sheets to data aggregators - intermediaries that link banks with fintech platforms - outlining new charges that may vary by use case, with payment-focused firms facing higher costs, according to the report. "We've invested significant resources creating a valuable and secure system that protects customer data," a JPMorgan Chase spokesperson said. "We've had productive conversations and are working with the entire ecosystem to ensure we're all making the necessary investments in the infrastructure that keeps our customers safe." The move could disrupt the business model of payment apps, which rely on free access to customers' financial data to process transactions. Shares of PayPal fell 6.3 per cent, Block was down 5.6 per cent, while Visa and Mastercard lost 2.82 per cent and 2.9 per cent, respectively. The new fees are expected to take effect later this year but are subject to negotiation, the Bloomberg News report said. U.S. banking giants are pushing for lighter regulations under President Donald Trump's administration battling Biden-era regulations over tougher capital requirements.
