MA
NEW YORK STOCK EXCHANGE, INC. · Financial Services
Mastercard Inc
$510.12
+0.48 (+0.09%)
MA News30 articles
Circle Shares Tumble 15% as Open USD Stablecoin Threatens Revenue Model
Circle shares dropped 15% after Open Standard announced Open USD, a stablecoin with free minting and shared reserve earnings, challenging Circle's revenue model.
Fifth Third Gains $3.6B Deposit Base as Social Security Ends Paper Checks
Fifth Third Bancorp takes over the Direct Express program, adding $3.6 billion in low-cost deposits from Social Security recipients, as paper checks are phased out.
PayPal Gains Amid Strategic Overhaul and Venmo Growth
PayPal (PYPL) shares edged higher in a shortened trading week, buoyed by cost-cutting measures and Venmo's strong payment volume growth, though concerns over branded checkout persist.
Visa, Mastercard Secure Preliminary Approval for $38B Fee Settlement
A Brooklyn judge gave preliminary approval to Visa and Mastercard's $38 billion swipe-fee settlement, capping consumer-card rates at 1.25% for eight years.
Visa Edges Higher Friday, Focus Turns to Inflation Data Next Week
Visa shares rebounded Friday, gaining 1.06% to $323.57, as investors weighed a stablecoin settlement test against a weekly loss and looked ahead to key inflation data.
Mastercard Shares Slide on Leadership Reshuffle, Stablecoin Expansion
Mastercard shares fell 2.4% to $466.41 after announcing a senior leadership shakeup and new stablecoin settlement options, with trading volume above average.
SoFiUSD Stablecoin Launch Drives Premarket Stock Surge
SoFi shares rose 4.9% premarket after launching SoFiUSD, a stablecoin available to 15 million members via its banking app.
Berkshire's First Filing Under Greg Abel Reveals Major Portfolio Reshuffling
Berkshire Hathaway's first 13F filing under CEO Greg Abel reveals a substantial increase in Alphabet holdings, a new Delta Air Lines stake, and exits from several major names.
Visa Steady Ahead of Key Data and CEO Remarks This Week
Visa shares closed at $328.88 before Memorial Day. This week brings consumer confidence data, PCE inflation figures, and CEO Ryan McInerney's appearance at a Bernstein conference.
Berkshire's New CEO Makes First Major Portfolio Shift: Adds Delta, Boosts Alphabet, Exits UnitedHealth
In his first major portfolio move as CEO, Greg Abel added Delta Air Lines and boosted Alphabet, while cutting UnitedHealth, Amazon, Visa, and Mastercard.
UnitedHealth Drops Premarket After Berkshire Exits Stake
UnitedHealth shares dropped 4.8% in premarket trading after Berkshire Hathaway disclosed it sold its stake in the insurer, dampening sentiment despite strong Q1 results.
Berkshire Hathaway Faces Key Monday Test After Abel's $24 Billion Portfolio Overhaul
Berkshire Hathaway faces a key test Monday after Greg Abel's first major portfolio shakeup, adding Delta Air Lines and Alphabet while exiting Amazon, Visa, and Mastercard.
Wall Street Slumps as Oil Surge, Yields Jolt AI Rally
U.S. stocks fell more than 1% Friday as oil surged and Treasury yields climbed, pressuring AI stocks and raising Fed rate hike concerns.
Berkshire Hathaway Reveals $55M Stake in Macy's, Shares Surge
Berkshire Hathaway's $55 million stake in Macy's sent shares up 5.9% in after-hours trading. The retailer declared a quarterly dividend and faces tariff headwinds.
PayPal Stock Flat as Truist Cuts Target, Flags Margin Pressure
PayPal shares remain near $45 after Truist lowered its target to $44, citing higher rewards costs and sluggish international payment volume. Q1 TPV grew 11% but Q2 guidance points to margin pressure.
XRP at Crossroads as Senate Bill Looms and Network Activity Drops
XRP hovers near $1.42 as a key Senate bill on digital assets moves forward, but new address creation has plunged 85% since December 2024.
Mastercard Beats Q1 Estimates but April Cross-Border Weakness Weighs on Stock
Mastercard beat Q1 earnings and revenue estimates, but a slowdown in April cross-border volume growth triggered a 2.7% stock decline.
Mastercard Shares Surge Ahead of Earnings Following Visa's Strong Results
Mastercard shares jumped 3.8% to $526.90 as investors cheered Visa's earnings beat and raised outlook, setting the stage for Mastercard's own Q1 report on Thursday.
Nasdaq Slides on AI Jitters; Visa, Starbucks Rally in After-Hours Trading
U.S. stocks fell Tuesday, with the Nasdaq down 0.9% as AI and chip shares sold off. In after-hours trading, Visa and Starbucks rallied on strong earnings, while oil prices climbed above $100.
Visa Shares Surge 4% on Earnings Beat and $20B Buyback Plan
Visa shares jumped 4.1% after hours as the company beat Q2 earnings estimates and unveiled a $20 billion buyback, with revenue climbing 17% to $11.2 billion.
Visa Earnings Preview: Analysts Eye Consumer Spending Trends
Visa reports fiscal Q2 earnings April 28. Truist cuts price target to $361 but maintains Buy rating. Analysts expect $3.10 EPS on $10.74B revenue.
American Express Shares Dip Despite Q1 Profit Beat as Travel Spending Worries Mount
American Express reported Q1 EPS of $4.28, up 18%, and revenue of $18.9 billion, but shares fell 4.3% as investors focused on rising costs and weaker airline spending.
SoFi Expands Enterprise Banking with 24/7 Dollar and Stablecoin Platform
SoFi Technologies has introduced a new enterprise banking platform enabling businesses to manage both traditional dollars and stablecoins around the clock. The stock gained 1.5% following the announcement, which comes weeks before the company's first-quarter results.
Mastercard's $1.8B BVNK Acquisition Accelerates Corporate Blockchain Adoption
Mastercard has agreed to purchase BVNK for as much as $1.8 billion, marking a major push into stablecoin and blockchain payment infrastructure. The deal coincides with corporate pilots by Citi and Aon using tokenization for trade finance and insurance payments.
SoFi Shares Recover Slightly Amid Broad Fintech Caution
SoFi Technologies shares gained 1.1% in early Friday trading, partially recovering from a 4.5% decline the previous session. The stock remains significantly below its January peak amid cautious investor sentiment toward the fintech sector.
SoFi Shares Drop Amid Broader Fintech Selloff as Oil Rally Dents Rate Cut Hopes
SoFi Technologies shares declined approximately 3% on Thursday, underperforming a broader tech retreat. The drop coincided with oil approaching $100 per barrel, which renewed fears of persistent inflation and delayed interest rate cuts.
SoFi Stock Gains on Mastercard Stablecoin Partnership, CEO Purchase
SoFi Technologies advanced Wednesday, recovering from a prior session decline. The fintech's new stablecoin settlement partnership with Mastercard and a significant share purchase by CEO Anthony Noto were in focus.
Asian Markets Rally on Hopes for Iran Conflict Resolution
Asian equities advanced sharply on Tuesday amid optimism the Iran conflict may be nearing an end, boosting risk sentiment. Meanwhile, Shopify's AI-driven strategy and Sedemac Mechatronics' strong market debut captured investor attention.
SoFi Shares Dip Amid CEO Purchase and Mastercard Stablecoin Partnership
SoFi Technologies shares fell in late trading Tuesday, even after CEO Anthony Noto increased his stake and the company announced a Mastercard partnership for its stablecoin. The fintech sector broadly weakened.
SoFi Stock Gains as Mastercard Adopts SoFiUSD for Global Settlement
SoFi Technologies stock advanced approximately 3% following Mastercard's announcement that it will support SoFi's dollar-pegged stablecoin for settling transactions across its global payments network.