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Pershing Square Bets Big on Visa | Durham News
Bill Ackman’s Pershing Square just dumped over $1 billion into Visa — and it’s not a fluke. With another $3 billion spread across Visa, Mastercard, and S&P Global in one quarter, Ackman’s betting big on the future of payments and financial infrastructure. Visa’s booming — revenue up 14%, payment volume hitting a record $4 trillion, with value-added services now powering nearly a third of its income. They’re also teaming up with OpenAI and Meta to secure AI-driven commerce and building their own stablecoin tech. This isn’t just passive investing — it’s a clear signal that Visa is actively…
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