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Mastercard Q2 Earnings Call Highlights
MarketBeat55d agoneutral
Mastercard Q2 Earnings Call Highlights

Mastercard (NYSE:MA) reported second-quarter 2026 results that exceeded its expectations, supported by continued consumer and business spending, cross-border activity and demand for its value-added services. On a non-GAAP, currency-neutral basis, net revenue rose 12% year over year, adjusted net in

Mastercard Sales Rise on Payment Network Growth
The Wall Street Journal56d agoneutral
Mastercard Sales Rise on Payment Network Growth

EARNINGS Mastercard’s sales rose in the second quarter, driven by growth in its payment network. The credit-card company on Thursday posted a profit of $4.39 billion, or $4.97 a share, compared with $3.

Mastercard profit jumps as stable spending drives transaction volumes
Reuters56d agobullish
Mastercard profit jumps as stable spending drives transaction volumes

Mastercard posted ‌a ‌rise in second-quarter ​profit on Thursday, boosted by ‌robust transaction ⁠volumes driven by ⁠steady consumer spending. Its ​net ​income ​climbed to $4.4 ‌billion, or $4.97 per share, in the quarter, ‌compared ​with $3.7 ​billion, ​or $4.07 per ‌share, a year ​earlier. (Reporting ​by Utkarsh ​Shetti ‌in Bengaluru; Editing ​by Shinjini ​Ganguli)

Visa plans to cut 7% of workforce, Bloomberg News reports
Reuters58d agoneutral
Visa plans to cut 7% of workforce, Bloomberg News reports

Visa plans to cut 7% of its workforce, or ‌about 2,600 jobs, Bloomberg News reported ‌on Tuesday, citing a staff memo, as the payments ​processor seeks to become more efficient in a challenging industry. AI has ⁠helped cut repetitive tasks and speed up product development, but it ⁠was not the sole factor behind the decision, Bloomberg reported, citing a person ​familiar with ​the company's reasoning. Earlier this year, peer Mastercard announced plans ‌to lay off 4% ​of its global workforce, ​citing the ​need to refocus investments in different ‌areas.

Tech Earnings, Fed Rate Decision: What to Watch This Week
The Wall Street Journal58d agoneutral
Tech Earnings, Fed Rate Decision: What to Watch This Week

Today Earnings (a.m.): Coca-Cola, UPS, Boeing, Sherwin-Williams, Hilton, Centene, PayPal, S&P Global Earnings (p.m.): Visa, Ford Motor, Mondelez International, Waste Management, PPG Industries, Bloom Energy, Avis Budget, Seagate Technology Economic data: Consumer confidence index, Johnson Redbook retail sales index, U.

American Express Sinks 6% After Q2 Earnings Beat as Visa, Mastercard Hold Steady
24/7 Wall St.62d agobullish
American Express Sinks 6% After Q2 Earnings Beat as Visa, Mastercard Hold Steady

American Express (NYSE:AXP) stock is sliding Friday morning, trading at $320.55 and down 6% after the card issuer reported a Q2 2026 beat that traders opted to fade. The reaction hit within an hour of the 8:30 a.m. ET 8-K Form, pulling American Express stock down from a prior close of $340.84. The drop extends ... American Express Sinks 6% After Q2 Earnings Beat as Visa, Mastercard Hold Steady

Pacific Gas & Electric Q2 Earnings Call Highlights
MarketBeat63d agoneutral
Pacific Gas & Electric Q2 Earnings Call Highlights

Pacific Gas & Electric (NYSE:PCG) reaffirmed its 2026 earnings guidance and longer-term financial plan on its second-quarter earnings call, while executives emphasized that California wildfire liability reform remains a critical factor for the utility’s capital plans and path to investment-grade

Capital One Financial Q2 Earnings Call Highlights
MarketBeat65d agoneutral
Capital One Financial Q2 Earnings Call Highlights

Capital One Financial (NYSE:COF) reported second-quarter 2026 earnings of $3 billion, or $4.73 per diluted common share, as management said the company continued to generate top-line growth while advancing its Discover integration and adding Brex to its domestic card business. Chief Financial Offic

Mastercard (MA) Trails Market Despite Earnings Growth
Insider Monkey65d agoneutral
Mastercard (MA) Trails Market Despite Earnings Growth

Giverny Capital Asset Management, LLC, an investment management company, recently published its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. The model portfolio returned 13.70% this quarter, compared to the S&P 500’s 15.20% return. YTD, the portfolio gained 5.89%, while the index increased by 10.21%. The long-term link between stock […]

The PNC Financial Services Group Q2 Earnings Call Highlights
MarketBeat71d agoneutral
The PNC Financial Services Group Q2 Earnings Call Highlights

The PNC Financial Services Group (NYSE:PNC) reported what Chairman and CEO Bill Demchak called an “impressive” second quarter, with management pointing to broad-based business momentum, stronger fee income, continued commercial loan growth and stable credit quality. PNC generated second-quarter net