Mastercard, Inc. (NYS:MA)

Source: ValueWalk

Commenting on the bearish post-earnings behavior of Microsoft and Mastercard, and today’s trading, Gorilla Trades strategist Ken Berman said: Q3 2020 hedge fund letters, conferences and more The major indices are all trading significantly lower at midday following another volatile and bearish morning session on Wall Street, with the deteriorating COVID picture weighing on global […] The post Microsoft And Mastercard Exhibit Bearish Post-Earnings Behavior appeared first on ValueWalk .

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Source: BNN Bloomberg

Mastercard Inc. shares dropped after the company reported profit and revenue that fell short of analysts’ estimates, pinched by a persistent slump in foreign travel.

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Source: CNN-News18

Mastercard Inc said on Wednesday it does not expect a pickup in overall travel spending anytime soon, warning that a recovery in crossborder volumes would be tied to the timing and the availability of COVID19 vaccines.

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Source: MarketWatch

Revenue and profits for the third quarter were lower than expected as cross-border card transactions—a key source of profits—were slammed by the pandemic.

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Source: SiliconRepublic

Mastercard’s senior VP of enterprise architecture, Olivia Leonard, reflects on her career and how we can bring more women into tech.

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Source: Yahoo Finance

Mastercard (NYSE: MA) missed earnings estimates in the third quarter, primarily due to lower travel-related spending during the summer months. “Mastercard has been focused on helping merchants, banks, fintechs, governments and consumers with products and services to navigate the pandemic,” CEO Ajay Banga said. “We are seeing encouraging progress in the trajectory of domestic spending, while travel spending remains a challenge.”

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Source: MarketWatch

Weak travel spending continued to weigh on Mastercard Inc.’s business as the company reported a larger-than-expected drop in revenue and earnings for the…

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Source: AlphaStreet

Mastercard (NYSE: MA) reported lower earnings and revenues for the third quarter, which also missed Wall Street’s expectations. The credit card firm’s stock declined early Wednesday, following the announcement. Third-quarter […]

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Source: AlphaStreet

Mastercard (NYSE: MA) reported lower earnings and revenues for the third quarter, which also missed Wall Street’s expectations. The credit card firm’s stock declined early Wednesday, following the announcement.

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Source: Investing.com

https://www.investing.com/news/stock-market-news/mastercard-earnings-revenue-miss-in-q3-2334987

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