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Mastercard profits rise on steady spending
Mastercard achieved strong profits in the second quarter of 2026, surpassing Wall Street expectations due to stable consumer spending and a high volume of transactions. The company's transaction volume increased by 8% to reach $2.9 trillion, and adjusted earnings per share rose to $5.04, beating analysts’ forecast of $4.77. Revenues also grew by 14%, reaching $9.3 billion, reflecting consumer resilience despite geopolitical tensions and rising inflation resulting from higher oil prices.
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