While the markets appear to be almost certain about a September cut, it's good to prepare for any eventuality.held interest rates steady
Revenue climbed to $9.39 billion, surpassing forecasts by $180 million, while earnings per share reached $2.33, exceeding estimates by $0.08. This strong performance has halted a recent downtrend and presents a potential buying opportunity. With consistently rising revenues and robust net earnings, Mastercard remains an attractive and solid choice for stabilizing portfolios, especially if the Fed maintains its restrictive monetary policy.The company's continued positive trend is underpinned by an 11% quarter-on-quarter increase in payment transaction volume on the Mastercard platform."We achieved another strong quarter in all aspects of our business, posting double-digit growth in net revenues and profits.
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