Mastercard stock climbs as Apple taps JPMorgan for Apple Card, keeps Mastercard network
New York, Jan 8, 2026, 12:43 EST — Regular session Mastercard Incorporated shares rose on Thursday after Apple said JPMorgan Chase will become the new issuer of the Apple Card while Mastercard remains the payment network. Mastercard stock was up about 0.8% at $584.47 in midday trading. Reuters The Apple Card is a rare, high-profile co-brand in U.S. consumer finance, and networks fight hard to keep those deals. For Mastercard, staying on as the “payment network” — the rails that route card purchases between merchants and banks — helps ring-fence volumes even as the issuing bank changes. Apple and Chase