Visa and Mastercard, Archer raises $850M, GM EV sales in April

June 14, 2025 02:10 AM AEST | By EODHD

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Visa and Mastercard, Archer raises $850M, GM EV sales in April — Image source: Kalkine Media

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Yahoo Finance host Allie Canal tracks today's top moving stocks and biggest market stories in this Market Minute, including Visa (V) and Mastercard (MA) stock reactions to reports of Walmart (WMT) and Amazon (AMZN) exploring stablecoin options, Archer Aviation (ACHR) raising $850 million in capital, and General Motors (GM) EV sales jumping in April while Tesla (TSLA) experienced declines in that same timeframe. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute. Video Transcript 00:00 Speaker A It's time for Yahoo! Finance's Market Minute. Shares of Visa and Mastercard under pressure on the back of a Wall Street Journal report that retailers like Amazon and Walmart are exploring issuing their own stable coins. The ability for retailers to make this move hinges on the passing of the Genius Act.

If approved, payment processors like Visa and Mastercard could miss out on billions in transaction fees. Archer Aviation announcing that it raised $850 million through a direct offering of 85 million shares at 10 bucks apiece. The CEO saying the new capital will allow the company to execute on domestic and international initiatives. This came shortly after President Trump signed an executive order aimed at boosting electric air taxis. And new registrations for Tesla's EVs in the US fell by 16% in April.

That's according to a report from S&P Global. Meanwhile, sales of GM's EVs jumped by over 200% during that time frame. This comes as Tesla's popularity has waned in Europe and China as well. And that's your Yahoo! Finance Market Minute. Related Videos 04:10 AMD launches M1350 chips, Chime post-IPO: Trending Tickers Yahoo Finance Video • 47 minutes ago 00:58 Trump urges Iran nuclear deal, oil stocks, bitcoin & gold prices Yahoo Finance Video • 1 hour ago 02:36 Why 'defensive' investment plays will see an uptick soon Yahoo Finance Video • 1 hour ago 08:55 The End of the Long Bond Era Bloomberg • 2 hours ago View Comments

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