MA - Mastercard Incorporated

NYSE - NYSE Delayed price. Currency in USD
258.81
-0.39 (-0.15%)
At close: 4:01PM EDT

258.81 0.00 (0.00%)
After hours: 5:57PM EDT

Stock chart is not supported by your current browser
Previous close259.20
Open261.70
Bid258.81 x 1000
Ask259.29 x 1100
Day's range255.07 - 262.25
52-week range171.89 - 269.85
Volume3,678,784
Avg. volume3,539,503
Market cap264.354B
Beta (3Y monthly)1.00
PE ratio (TTM)43.24
EPS (TTM)5.99
Earnings date24 Jul 2019 - 29 Jul 2019
Forward dividend & yield1.32 (0.52%)
Ex-dividend date2019-04-08
1y target est280.59
Trade prices are not sourced from all markets
  • Facebook Reveals Revolutionary Cryptocurrency
    Zacks5 hours ago

    Facebook Reveals Revolutionary Cryptocurrency

    The currency will be called Libra and will be managed by the new Facebook (FB) subsidiary, Calibra. Calibra's digital wallet containing Libra is expected to be launched in Messenger, WhatsApp and as a standalone app in the first half of 2020.

  • Facebook’s Cryptocurrency Project: Who’s In and Who’s Out
    Bloomberg7 hours ago

    Facebook’s Cryptocurrency Project: Who’s In and Who’s Out

    (Bloomberg) -- Facebook Inc. made a renewed push into payments on Tuesday, announcing plans for a cryptocurrency called Libra.Read More: Facebook Wants Its Cryptocurrency to One Day Rival the GreenbackIt will be governed by the Libra Association, a group of companies that will have an equal say in how the cryptocurrency is managed. Almost 30 firms have joined and Facebook hopes another 70 or more will enter the fold in the future.Read Facebook’s Project Libra white paper hereWho’s In:Visa Inc. and Mastercard Inc., the world’s largest payments networks, as well as PayPal Holdings Inc. are on board. For Visa and Mastercard, it’s a chance to offer the world of cryptocurrencies the same services they provide in card payments. All three companies know the challenges of building a network and can offer expertise in encouraging consumers to use the instrument and cajoling merchants into accepting it.Companies such as Uber Technologies Inc., Lyft Inc., and Spotify Technology SA keep millions of credit cards on file, and they risk losing customers when people get a new card or number. E-commerce firms also pay higher “card not present” rates when processing payments, so anything that can reduce these expenses is welcome.“Libra has the potential to bridge the gap between traditional financial networks and new digital currency technology, while reducing the costs for everyone,” said Peter Hazlehurst, head of payments at Uber.International companies, including e-commerce firm MercadoLibre Inc. and telecom giant Vodafone Group Plc, signed onto Libra, too. Blockchain technology and stablecoins are potential solutions for the messy world of cross-border payments, which suffers from delays and high costs.Who’s Out:Large banks, including JPMorgan Chase & Co., Bank of America Corp. and Citigroup Inc., already have their own payments businesses that reap billions of dollars in fees. With regulators still deciding how to treat cryptocurrencies, banks and investment firms are treading cautiously.So far, no large brick-and-mortar retailers, such as Target Corp. and Walmart Inc., are taking part. The industry is always interested in lowering the cost of accepting payments, but traditional merchants have historically been hesitant to accept cryptocurrencies due to volatility and lack of consumer adoption.The largest U.S. technology companies, Microsoft Corp., Apple Inc., Alphabet Inc.’s Google and Amazon.com Inc., are noticeably absent. Many of these firms have their own digital payments businesses and some are experimenting with blockchain technology. Apple has poured scorn on Facebook for repeated privacy missteps and other big tech firms are trying to avoid being associated with the social-media giant.“This is very early -- 27 organizations right now, 100 by the time we launch,” David Marcus, head of the Facebook blockchain team that’s spearheading the project, said in a Bloomberg Television interview. “And by that time, I definitely expect to see banks in there, I definitely expect to see other large technology companies and I definitely expect to see more diversity of organizations in terms of geographical distribution.”Square Inc. Chief Executive Officer Jack Dorsey is a cryptocurrency fan, but even his firm isn’t part of Libra at launch. Square’s cryptocurrency team made its first hire last week and it’s Cash App is a popular way for consumers to buy and sell Bitcoin.Here’s the full list of founding members and partners:Andreessen Horowitz Anchorage Bison Trails Booking Holdings Inc.Breakthrough Initiatives Facebook’s CalibraCoinbase Inc.EBay Inc. Farfetch Ltd.Iliad SA’s Free Lyft Inc.Mastercard MercadoLibre Inc.’s Mercado Pago PayPal Naspers Ltd.’s PayURibbit Capital Spotify Technology SAStripe Inc.Thrive Capital Union Square Ventures Uber Visa Vodafone Group Xapo Creative Destruction Lab Kiva Mercy Corps Women’s World Banking (Updates with comment from Facebook’s David Marcus in 10th paragraph. A previous version of this story corrected Creative Destruction’s name.)To contact the reporters on this story: Jenny Surane in New York at jsurane4@bloomberg.net;Julie Verhage in New York at jverhage2@bloomberg.net;Kurt Wagner in San Francisco at kwagner71@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Alistair Barr, Andrew PollackFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Visa, Mastercard, PayPal Join Facebook to Form Crypto Effort
    Bloomberg8 hours ago

    Visa, Mastercard, PayPal Join Facebook to Form Crypto Effort

    (Bloomberg) -- If Facebook Inc.’s new digital currency goes according to plan, it could one day compete with payment giants Visa Inc., Mastercard Inc. and PayPal Holdings Inc. But for now, all three are set to work with the social-media company on the venture.The currency, called Libra, will launch as soon as next year. It’s what’s known as a stablecoin, one that can avoid massive fluctuations in value so it can be used for everyday transactions. Industry experts and insiders say the payments companies want a seat at the table to help shape the new currency.Read Facebook’s Project Libra white paper here“It’s not unusual for the incumbents -- Visa, Mastercard, PayPal -- to partner with a disruptor,” Harshita Rawat, an analyst at Sanford C. Bernstein, said in an interview. “They would at least want to participate in how this product is being developed.”New payment methods such as Apple Pay and other mobile wallets are often slow to take off, so any competition is likely to be years away. Still, the earlier payments companies come to the project, the more time they have to ensure their businesses don’t suffer.None of these companies has been shy about pursuing collaboration or other strategic opportunities. PayPal alone has spent billions of dollars buying or investing in potential partnerships as well as competitors. While PayPal hasn’t ventured into cryptocurrencies before, it was a proponent of the blockchain technology that will be used to build Libra.Visa and Mastercard are always looking to embed themselves in emerging payment forms. Both have developed partnerships with cryptocurrency and blockchain firms. They’ve said that Libra can help more people gain access to financial products.“We think cryptocurrencies can address use cases that are not really well served today,” such as areas where cash-based payments remain prominent, said Jorn Lambert, executive vice president of digital solutions at Mastercard. “As such we think it will be incremental to what we do and not a replacement of it.”The payment companies are part of the Libra Association, giving them a say in how the cryptocurrency is managed. There’s currently no time commitment, so members can leave at any time. Once the group’s charter is finalized, there will be a minimum time commitment, according to some members of the group who asked not to be identified discussing private matters.“My sense is that they will try their best to partner and engage with Facebook,” Rawat said. “If Facebook takes the angle that they want to disintermediate card payments, then I think they may not want to participate.”Facebook shares rose 1.4% to $191.61 as of 11:12 a.m. in New York after announcing the cryptocurrency venture.(Updates with shares in final paragraph.)To contact the reporters on this story: Julie Verhage in New York at jverhage2@bloomberg.net;Jenny Surane in New York at jsurane4@bloomberg.net;Kurt Wagner in San Francisco at kwagner71@bloomberg.netTo contact the editors responsible for this story: Mark Milian at mmilian@bloomberg.net, Dan Reichl, Alistair BarrFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • 4 Payment Stocks to Gain From Increasing Retail Sales
    Zacks11 hours ago

    4 Payment Stocks to Gain From Increasing Retail Sales

    Increase in retail sales expanded business volumes for companies engaged in the payments' ecosystem as customers look for easy modes of transactions.

  • 4 Stocks to Win Big as Bitcoin Nears $10,000
    Zacks11 hours ago

    4 Stocks to Win Big as Bitcoin Nears $10,000

    Bitcoin steers past the $9,000 mark and is approaching $10,000 on reports that Facebook is soon set to launch its own cryptocurrency.

  • UPDATE 6-Facebook's cryptocurrency ambitions face privacy concerns, political backlash
    Reuters - UK Focus11 hours ago

    UPDATE 6-Facebook's cryptocurrency ambitions face privacy concerns, political backlash

    SAN FRANCISCO/NEW YORK, June 18 (Reuters) - Facebook Inc announced ambitious plans on Tuesday to launch a new global cryptocurrency called Libra, part of an effort to expand into digital payments that immediately raised privacy concerns. The social networking giant has linked with 28 partners including Mastercard, PayPal and Uber to form Libra Association, a Geneva-based entity governing the new digital coin, according to marketing materials and interviews with executives.

  • Bloomberg12 hours ago

    Facebook's Libra Cryptocurrency Needs More Friends

    (Bloomberg Opinion) -- Facebook Inc.’s planned cryptocurrency is going to need more friends to work.On Tuesday, the social media giant announced it had signed up 27 partners to develop and administer Libra, a digital medium of exchange for use on its apps and beyond. Uber Technologies Inc., Spotify Inc., Visa Inc. and Mastercard Inc. are all taking part – but there’s a notable absence of banks, large retailers and consumer goods companies, whose massive marketing budgets are the staple of ad agencies worldwide.This matters because Facebook is, above all else, an advertising platform. Chief Executive Officer Mark Zuckerberg has to prove that Libra will deliver more value to brands than their current advertising setup. Judging by this initial list of partners, a lot of firms appear unconvinced. The company wants to sign up a total of 100 by the time the coin starts next year. It will need every one of them, and more.For Zuckerberg, the best possible outcome is that the coin, which is tied to a basket of foreign currencies, keeps both users and brands locked into the Menlo Park, California-based firm’s ecosystem.In theory, a user might receive a token for watching an ad, which they then spend on something they have also seen advertised on Facebook. The company selling the product could then use that token to buy more ad space on the social network, and so the cycle would start anew. That would mean that, even if Zuckerberg had to spend a little bit more to keep his users engaged, the money would ultimately flow back into his company’s coffers.For brands, the big question is just how much data from that process will Facebook be willing to share? You can see why companies might be wary about signing up on day one. Facebook and its family of apps – Instagram, WhatsApp and Messenger – are already something of a walled garden when it comes to advertisers. They regularly complain that they have little visibility over what they call the journey of their customers: What ads did customers see before making a purchase or clicking through to a website? That anonymized data allows them to gauge whether an approach works or not.Many purchases happen on brands’ own websites right now, which is a problem for Facebook, since it doesn’t know itself when a user has decided to buy something. Knowing what exactly prompts a purchase would help the company target future ad campaigns more effectively. Starting its own digital wallet – Calibra – should allow it to plug that gap by inserting itself into the middle of consumers’ transactions. Facebook has said that it won’t use financial data to target ads, but the wallet will nonetheless surely be optimized to execute purchases from within one of its platforms.The model here is Amazon.com Inc. The e-commerce giant knows almost every stage of an online shopper’s journey to purchasing an item, allowing it to target them with precision. That’s a threat to both Facebook and Google’s advertising models, and goes a long way to explaining why Zuckerberg is so keen to make friends. To contact the author of this story: Alex Webb at awebb25@bloomberg.netTo contact the editor responsible for this story: Edward Evans at eevans3@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Alex Webb is a Bloomberg Opinion columnist covering Europe's technology, media and communications industries. He previously covered Apple and other technology companies for Bloomberg News in San Francisco.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • MarketWatch12 hours ago

    Facebook's stock set to rise more than 2% after official launch of cryptocurrency Libra coin

    Facebook Inc. on Tuesday said it will roll out its highly anticipated digital currency next year, intended to be used to make payments over the internet as well as on its social-media platform. The cryptocurrency called Libra coin uses blockchain, the digital-ledger technology that underpins cryptocurrencies like bitcoin to create its digital currency. However, unlike bitcoin the digital asset will be pegged to hard currencies like the dollar and the euro to make it less prone to the wild prices swings associated with bitcoin and other cryptocurrencies. The move is widely viewed as an implicit endorsement of the blockchain technology and to a lesser extent crypto assets, which were first created back in 2009 when a person or persons known as Satoshi Nakamoto minted the first bitcoin. The Facebook digital payment venture will be backed by more than two dozen companies, including Mastercard Inc. and PayPal Holdings Inc. , as well as Uber Technologies Inc. and Spotify Technology . The cryptocurrency will be overseen by a Geneva-based company called Libra Association, with many of the aforementioned backers serving as members of the independent organization. Facebook is also creating a digital wallet called Calibra that allows users to safely store their Libra coins. Shares of Facebook were climbing more than 2% in premarket trade Tuesday, while futures for the Dow Jones Industrial Average , S&P 500 index and the Nasdaq-100 were also rising, setting up modest opening gains for the U.S. stock market.

  • Barrons.comyesterday

    Technology Could Change Personal Finance, But Only if We Get Better at Using It

    Most people who download these apps never use them; and elderly and rural customers are often left behind.

  • Investing.comyesterday

    Bitcoin Tops $9,300; Cryptocurrencies Rally for 8th Consecutive Day

    Investing.com - Cryptocurrencies traded higher for an eighth-consecutive session on Monday as Bitcoin breaks above $9,300.

  • Investing.comyesterday

    Bitcoin Builds on Gains after Rising Above $9,000

    Investing.com - Prices of the major cryptocurrencies were mixed on Monday in Asia, with Bitcoin trading above the $9,000 level.

  • Business Wire2 days ago

    Priceless Experiences Are Coming to a Smart Speaker Near You

    No problem! Today, Mastercard announces it’s first-ever voice skill for smart speakers: the Priceless Experiences skill. With 75 percent of US households expected to own at least one smart speaker by 20201, and with 74 percent of Americans prioritizing experiences over products2, Mastercard has developed the skill as a go-to resource for unique experiences in your home city or while traveling.

  • Why Facebook's crypto push won't be a 'major game-changer': Analyst
    Yahoo Finance3 days ago

    Why Facebook's crypto push won't be a 'major game-changer': Analyst

    Don’t expect unbridled enthusiasm over Facebook’s reported cryptocurrency push just yet. “I don’t believe it’s going to be this kind of major game-changer,” Brent Thill, Jefferies senior technology analyst, tells Yahoo Finance’s ‘The Ticker.’

  • Barrons.com3 days ago

    Amazon’s 1-Day Delivery Puts Rivals in a Box on Fraud

    The online retail giant’s shipping speedup puts enormous pressure on other retailers to send packages out faster. It’s also forcing retailers to get better at fraud detection.

  • Investing.com4 days ago

    Cryptocurrencies on Track for Weekly Gain Led by Litecoin, Bitcoin and Ethereum

    Investing.com - Cryptocurrencies saw mixed trade on Friday, but were still on track for a weekly gain of 3% led by Litecoin, Bitcoin and Ethereum.

  • Investing.com4 days ago

    Stocks - Broadcom, Tesla, Mattel Fall Premarket; Facebook Rises

    Investing.com - Stocks in focus in premarket trading on Friday:

  • Barrons.com5 days ago

    Visa and Mastercard Stock Will Rise Due to Their Business Payments Opportunity, Analyst Says

    The good times for Visa and Mastercard shareholders won’t end anytime soon, according to Wedbush Securities.

  • MasterCard (MA) Gains As Market Dips: What You Should Know
    Zacks6 days ago

    MasterCard (MA) Gains As Market Dips: What You Should Know

    MasterCard (MA) closed at $263.89 in the latest trading session, marking a +0.09% move from the prior day.

  • 3 Stocks Anyone Can Understand
    Motley Fool6 days ago

    3 Stocks Anyone Can Understand

    Simple business models are sometimes the best business models.

  • Visa Launches Blockchain Powered Technology for B2B Payments
    Zacks6 days ago

    Visa Launches Blockchain Powered Technology for B2B Payments

    Visa (V) launches digital network to facilitate ease of payments across the globe for businesses.

By using Yahoo you agree that Yahoo and partners may use Cookies for personalisation and other purposes