StockWatch: Spending Recovery Fuels Mastercard Earnings!
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.
- AMZN 02:10
- MA 03:50