The Latest Breaking News from Mastercard

Mastercard piloting facial recognition software and hopes to roll it out worldwide

Someone with a lot of money to spend has taken a bearish stance on Mastercard (NYSE:MA). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Someone with a lot of money to spend has taken a bullish stance on Mastercard (NYSE:MA). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

The Senate Judiciary Committee took aim at credit card fees, complaining that inflation is pushing up the profits of Mastercard and Visa,.

Pulled from Benzinga Pro data, Mastercard (NYSE:MA) posted Q1 earnings of $2.63 billion, an increase from Q4 of 10.59%. Sales dropped to $5.17 billion, a 0.94% decrease between quarters.

Analysts maintained their conviction on Mastercard Incorporated (NYSE: MA) 

Upgrades

Mastercard (NYSE:MA) has outperformed the market over the past 10 years by 11.94% on an annualized basis producing an average annual return of 23.75%. Currently, Mastercard has a market capitalization of $371.60 billion.

Mastercard Incorporated (NYSE:MA) has reported Q1 sales of $5.2 billion, up 24% (28% currency-neutral), beating the consensus of $4.91 billion. Gross dollar volume increased 17%, on a local currency basis, to $1.9 trillion. Cross-border volume growth of 53% on a local currency basis, with switched transactions growth of 22%. Other revenues increased 18%,…