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StockWatch: Spending Recovery Fuels Mastercard Earnings!

Name: StockWatch: Spending Recovery Fuels Mastercard Earnings!
Uploaded: 2021-07-30
Channel: David Kindley
Description: Mastercard topped expectations with its second-quarter results amid a continued recovery in spending trends.The company reported a second-quarter net income of $2.1 billion, up from $1.4 billion in the prior quarterAmazon posted a third $100 billion

By David Kindley Last updated Jan 5, 2026 520 0

Mastercard topped expectations with its second-quarter results amid a continued recovery in spending trends.

The company reported a second-quarter net income of $2.1 billion, up from $1.4 billion in the prior quarter

Amazon posted a third $100 billion quarter in a row, but still misses expectations.

It also gave a weaker-than-expected outlook for third-quarter revenue and blamed the tough year-over-year comparisons to its business during Covid-19 lockdowns.

Timestamps:

AMZN 02:10
MA 03:50

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Amazon (AMZN)stocks

David Kindley

Market Strategist at Orbex David Kindley is a renowned fundamental analyst with over 10 years of trading experience in the financial markets. With a keen eye for macroeconomics and a special focus on trading psychology, David is passionate about helping everyday investors make informed trading decisions through his thorough research and analysis.

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