Mastercard Incorporated News
Mastercard Stock Edges Higher As Spending Surge Drives Q2 Earnings Beat
“Increasing inflationary pressures have yet to significantly impact overall consumer spending but we will continue to monitor this closely," said CEO Michael Miebach.
Stock Market Today-7/28: Stocks Extend Gains Following GDP Data; Apple Earnings In Focus
GDP data will likely ignite another recession debate, while markets sift through a puzzling Fed rate hike and brace for crucial June quarter earnings from Apple after the close of trading.
Stocks Lower Ahead of GDP Data, Meta, Spirit, Ford And Apple In Focus - Five Things To Know
Stock futures lower with earnings, GDP data in focus; Meta shares tumble after Q2 earnings miss, muted ad outlook; Spirit soars after cancelling frontier deal, setting up JetBlue takeover; Ford shares leap after solid Q2 earnings, outlook hold and Apple earnings on deck amid demand, chip, China impact questions.
Visa, Mastercard Shares: Bank of America Updates Before Earnings
While the S&P 500 has dropped 17% year to date, Visa has slipped only 2% and Mastercard just 5%.
Credit Card Stocks: Which Are Wells Fargo's Favorites?
Credit-card companies face some speed bumps amid the potential for an economic downturn, Wells Fargo says.
Roe v. Wade Ruling: JPMorgan Puts Wall Street Into Center Of U.S. Abortion Debate
JPMorgan, the nation's largest bank, reportedly told employees it will pay travel costs for women needing abortion and reproductive health access.
Wells Fargo Is Bullish on These Two Credit-Card Titans
Accelerating cross-border travel should lift the earnings for two credit-card companies, according to Wells Fargo analysts.
BofA Touts Visa, Mastercard Shares Amid Their Declines
Visa has slid 8% since April 28, and Mastercard has lost 9%, but their fundamentals are strong, Bank of America says.
Stock Market Today - 4/28: Stocks Bounce Back, Tech Boost; GDP Disappoints, Apple In Focus
The Dow finishes up 600 points as the tech sector helps markets rebound from heavy losses.
Stocks Higher On Tech Boost, Meta, Apple, Ford And Teladoc In Focus - 5 Things You Must Know
Stock futures power higher on tech sentiment; dollar nears 20-year peak; Meta shares surge as Facebook user rebound offsets mixed Q1 earnings; Apple shares higher ahead of A2 earnings with iPhone demand in focus; ford shares jump as carmaker holds outlook amid Q1 struggles and Teladoc shares collapse after Q1 loss, outlook cut
Breaking News
Johnson & Johnson Stock Lower After Unveiling End To Global Baby Powder Sales In 2023
Johnson & Johnson, which began selling Baby Powder in 1894, will end all sales of the talc-based product next year.
Apple Stock Edges Higher After Report Indicates iPhone Demand Confidence
Apple is asking assemblers to put together 220 million iPhones this year, Bloomberg reported, a tally that largely matches 2021 levels.
Rivian Stock Slips As 2022 Production Hopes Fail To Offset $5.45 Billion Loss Forecast
"The supply chain continues to be the limiting factor in our production rates but we remain confident in our ability to achieve our target," said CFO Claire McDonough.
Illumina and the Quest for the (Holy?) Grail
DNA-sequencing leader Illumina swung to a loss in Q2 2022. Contributions from Grail didn't help.