MasterCard (MA)

Wall Street pushed higher in midday trading, with the S&P 500 on track for its eighth consecutive gain — its longest winning streak since November 2023. The index rose about 1% to 5,560, fully recovering the losses sustained after former President Donald Trump announced trade tariffs on April 2.

Mastercard Inc reported Q1 results, with net revenues of $7.25B (+14% Y/Y), exceeding estimates of $7.12B. Adjusted EPS also beat estimates at $3.73. Company expects mid-teen digit net revenue growth for Q2 and FY25.

Although some metrics were lower than expected, they're moving in the right direction.

U.S. stock futures rose early Thursday morning, following the robust earnings of two "Mag 7" companies after markets closed on Wednesday.

The firm’s catastrophe losses ballooned to $2.2 billion during the first quarter from $731 million in the year-ago quarter.

Wall Street expects the payments firm to post earnings of $3.55 per share on revenue of $7.12 billion, according to FinChat data.

Notwithstanding the recent seven-session run, the S&P 500 Index ended April — a historically strong month — with a loss of 0.8%.

Corpay stock fell as it partners with Mastercard in cross-border payments, validating its B2B unit. Analyst sees growth potential.

Visa and Mastercard are the top players in the finance world, but Visa has been steady while Mastercard is more volatile. Investors should choose based on risk tolerance.

Mastercard and Corpay expand partnership to offer improved cross-border payment solutions, with Mastercard investing $300 million in Corpay's business.

Stablecoins could disrupt the financial system as we know it.

Alipay, Ant Group's mobile payment platform, reported 100M+ users for its tap-and-pay service. It introduced cashless society in China.

American Express continues to show spending growth of 6% YoY for its affluent customer base in Q1 2025, which is better equipped to weather economic volatility.

Short-term uncertainty has led to a golden opportunity for long-term investors.