U.S. stocks retreated Friday as geopolitical tensions erupted following Israel's surprise airstrike on Iranian nuclear sites, sparking a sharp rally in oil and gold.
Mastercard inc. (NYSE: MA) shares are trading lower Friday after a report revealed that major retailers like Walmart and Amazon are exploring the creation of their own stablecoins.
William Blair analyst Andrew Jeffrey said that while stablecoins may appeal to merchants seeking lower card processing fees, they are not well-suited for business-to-consumer transactions.
Stay updated with the movements of the S&P500 index in the middle of the day on Friday. Discover which stocks are leading as top gainers and losers in today's session.
Curious about the market action on Friday? Dive into the US markets to explore the gap up and gap down stocks in the S&P500 index during today's session.
Sen. Elizabeth Warren (D-Mass.) and Sen. Richard Blumenthal (D-Conn.) raised concerns over Meta Platforms Inc. CEO Mark Zuckerberg's potential stablecoin revival plans.
Coinbase Global Inc. (NASDAQ:COIN) CEO Brian Armstrong unveiled the company’s cryptocurrency credit card Thursday that will offer cashback rewards in Bitcoin (CRYPTO: BTC).
BofA Securities analyst Mihir Bhatia found that the US premium credit card market is competitive, with Amex leading but Chase and Capital One closing the gap.
Analysts at Bernstein say that Ethereum (CRYPTO: ETH) is emerging as the foundational layer for real-world financial applications such as stablecoins and tokenization
MASTERCARD (NYSE:MA) is a high-quality stock with strong profitability, cash flow, and growth potential, making it a candidate for long-term investors.
Meta may be looking to get back in the stablecoin game. See how this could potentially benefit the stock and why Meta could find more success this time around.
Mastercard and PayPal have partnered to improve consumer choice and control during checkout by introducing One Credential, a single payment identifier that can be tailored to individual preferences. This will also support healthier financial practices for PayPal users and strengthen the companies' collaboration on payment solutions. Investors can gain exposure to Mastercard through BELT and IYG. MA shares are up 0.29% at $583.65 premarket.
MASTERCARD (NYSE:MA) shows strong technicals with a high rating of 10 and a setup score of 9, signaling a potential breakout above $586.43. A solid choice for technical investors.
