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Mastercard delivered a strong second-quarter performance by beating Wall Street expectations on both top and bottom lines with an adjusted EPS of $5.04 on $9.28 billion in revenue. While soft domestic spending poses a minor headwind, international expansion and a 20 percent surge in high-demand value added security services continue to balance out consumer spend fluctuations. Wall Street analysts maintain a hold rating on the stock as global payment volume offsets domestic softness.
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