Mastercard beats profit estimates as CEO touts AI and stablecoins focus
Statele Unite
Mastercard beat Wall Street expectations for third-quarter profit on Thursday amid sustained spending volumes as its executives emphasized the card network giant's foray into agentic commerce and stablecoins. Consumer spending has proven resilient, while U.S. President Donald Trump's trade and immigration policies continue to fuel concerns over labor market cracks and sticky inflation. Analysts see the payments sector as ripe for disruption as stablecoins and AI-driven agents promise to
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