Fiserv admitted to unrealistic financial guidance assumptions, leading to a 47% stock price drop and attracting Senate Democrats' investigation into former CEO Frank Bisignano's role in financial forecasting.

Fiserv reported disappointing Q3 results with significant revenue and earnings misses, leading to a 43.8% stock price drop. The company lowered its full-year organic revenue growth and earnings targets, causing investor concern.

The S&P 500 reached 6,900 points driven by AI-related stocks, particularly NVIDIA, ahead of the Federal Reserve's anticipated interest rate decision. Semiconductor stocks performed strongly, with several companies reporting impressive earnings.

Fiserv reported disappointing Q3 earnings, with revenue and earnings missing analyst expectations, leading to a 30% stock collapse and a comprehensive strategic restructuring including leadership changes and reduced financial guidance.

Corpay, Inc. has had an impressive run over the past month, gaining 7.7% against the industry's 2.1% decline. However, the company has reduced its 2024 revenue and EPS guidance due to continued softness in lodging revenues, higher interest rates, and unfavorable foreign exchange.