Technology stocks took a hit on Thursday, dragging the market down, as investors grew wary of AI’s potential to disrupt the industry. The fear is that AI could automate tasks and potentially alter company business models.
Overall, S&P 500 fell 1.6% to 6,833, while NASDAQ dropped 2.0% to 22,597.
Tweet of the Day
Wow, good take here on trucking rates. I was thinking the transportation stocks would save us from a Bear Market. https://t.co/TGgCpUgTMu
— David Sharek (@GrowthStockGuy) February 7, 2026
Chart of the Day
Here is the ten-year chart of Visa (V) as of February 3, 2026, when the stock was at $329.
Value-added services rose 28%, led by fraud prevention, data analytics and issuer solutions. Meanwhile, commercial and money movement solutions grew 20% with increased B2B adoption.
Visa has also continued to improve its digital payment innovations, as well as its stablecoin settlements. Tap To Pay penetration exceeded 80% globally, while Visa Flex Credentials now total around 20 million. Visa Token hit 17.5 billion globally, over 3 times the number of physical cards. Visa-enabled stablecoins expanded to nine countries last quarter, totaling 50.
Overall, management highlighted these drivers as key to sustaining low double-digit growth.
Visa is part of the Conservative Growth Portfolio and Growth Portfolio.
