Mastercard profit beats estimates as stable spending drives transaction volumes

Mastercard posted a second-quarter profit that surpassed Wall Street expectations on Thursday, boosted by robust transaction volumes driven by steady consumer spending.

July 30 : Mastercard posted a rise in second-quarter profit on Thursday, boosted by robust transaction volumes driven by steady consumer spending. Shares of the company were up over 3 per cent in trading before the bell. Despite fears that geopolitical tensions and the resulting economic uncertainty would dent consumer

Samsung Electronics extended its record run with second-quarter operating profit topping analysts' estimates.