PayPal reported its second-quarter results, and there were no new developments to send the stock soaring higher. PayPal reported negative earnings per share (EPS) this quarter, but that was due to one-time tax charges and unrealized investment losses. Also announced were PayPal's cost-cutting initiatives, which are expected to save about $900 million in 2022 and $1.3 billion in 2023.
PURCHASE, N.Y., August 16, 2022--Mastercard (NYSE: MA) today announced its participation at the Deutsche Bank Technology Conference in Las Vegas on Thursday, September 1.
Here is how Blucora (BCOR) and MasterCard (MA) have performed compared to their sector so far this year.