Mastercard Seen Losing Strength Amid Consumer Pull-Back -- Market Talk

Dow Jones

Apr 09, 2025

0901 ET - Mastercard is losing some of its tailwinds as consumer confidence fades, Monness Crespi Hardt analyst Gus Gala says, downgrading it to neutral from buy. The dynamics that have fueled demand for the financial sector are starting to abate, Gala says, and growing uncertainty puts the card issuer at higher risk because it already has a higher return on invested capital. Sagging travel demand reported by Delta Airlines, along with weakening international TSA checkpoint inbounds into the U.S., could also translate to lower earnings for Mastercard, he says. The analyst believes incremental uptake of value-added services or new flows could be slowed as businesses slow down their spending. (katherine.hamilton@wsj.com)

(END) Dow Jones Newswires

April 09, 2025 09:01 ET (13:01 GMT)

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The dynamics that have fueled demand for the financial sector are starting to abate, Gala says, and growing uncertainty puts the card issuer at higher risk because it already has a higher return on invested capital. Sagging travel demand reported by Delta Airlines, along with weakening international TSA checkpoint inbounds into the U.S., could also translate to lower earnings for Mastercard, he says. The analyst believes incremental uptake of value-added services or new flows could be slowed as businesses slow down their spending. (katherine.hamilton@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 09, 2025 09:01 ET (13:01 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Mastercard Seen Losing Strength Amid Consumer Pull-Back -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMastercard Seen Losing Strength Amid Consumer Pull-Back -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-04-09 21:01</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0901 ET - Mastercard is losing some of its tailwinds as consumer confidence fades, Monness Crespi Hardt analyst Gus Gala says, downgrading it to neutral from buy. The dynamics that have fueled demand for the financial sector are starting to abate, Gala says, and growing uncertainty puts the card issuer at higher risk because it already has a higher return on invested capital. Sagging travel demand reported by Delta Airlines, along with weakening international TSA checkpoint inbounds into the U.S., could also translate to lower earnings for Mastercard, he says. The analyst believes incremental uptake of value-added services or new flows could be slowed as businesses slow down their spending. (katherine.hamilton@wsj.com) \n</p>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 09, 2025 09:01 ET (13:01 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU2054465674.USD","symbol_name":"UBS (LUX) KEY SELEC SICAV DIGITAL TRANSFORMATION T \"P\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2526369036","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2526369036","pubTimestamp":1744203660,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0901 ET - Mastercard is losing some of its tailwinds as consumer confidence fades, Monness Crespi Hardt analyst Gus Gala says, downgrading it to neutral from buy. 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The dynamics that have fueled demand for the financial sector are starting to abate, Gala says, and growing uncertainty puts the card issuer at higher risk because it already has a higher return on invested capital. Sagging travel demand reported by Delta Airlines, along with weakening international TSA checkpoint inbounds into the U.S., could also translate to lower earnings for Mastercard, he says. The analyst believes incremental uptake of value-added services or new flows could be slowed as businesses slow down their spending. (katherine.hamilton@wsj.com) \n\n\n  (END) Dow Jones Newswires\n\n\n  April 09, 2025 09:01 ET (13:01 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}