CosmicTaco
CosmicTaco

Mastercard's U.S. Spending Surge in January

  • Mastercard saw a 10% increase in U.S. switched volumes in January, up from 8% in December, signaling strong consumer spending.
  • The company's Q4 2024 earnings exceeded expectations with an adjusted EPS of $3.82 and net revenue of $7.5 billion.
  • Strategic investments in cybersecurity and multi-rail payment systems are bolstering Mastercard's market position and future growth.

Source: Fool, Marketwatch

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9mo ago
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