Mastercard stock steady as Apple taps JPMorgan for Apple Card — and keeps MA as the network

Mastercard Incorporated shares stayed flat in after-hours trading Thursday following Apple's announcement that JPMorgan Chase will take over as the new issuer of the Apple Card, with Mastercard continuing as the payment network. Mastercard Americas president Linda Kirkpatrick said the company is “thrilled” to keep working with Apple and Chase on the card. Apple

Fintech · NASDAQ:AAPL · NYSE:GS · NYSE:JPM · NYSE:MA · NYSE:V · Stock Market · Technology
Goldman Sachs stock slips as Apple Card handoff puts a Q4 earnings bump on the table

Goldman Sachs stock slips as Apple Card handoff puts a Q4 earnings bump on the table

Goldman Sachs shares were down 0.7% on Thursday after The Goldman Sachs Group, Inc. said it struck an agreement to transition the Apple Card program and associated accounts to JPMorgan Chase’s Chase. Goldman said the move should lift its fourth-quarter 2025 earnings by about $0.46 a share, driven by a $2.48 billion release of loan-loss reserves — money set aside for expected credit losses — even as it takes a $2.26 billion hit to net revenue tied to markdowns and contract costs. Goldman Sachs
8 January 2026
····
Goldman Sachs stock falls after Apple Card handoff report — here’s what investors watch next

Goldman Sachs stock falls after Apple Card handoff report — here’s what investors watch next

Goldman Sachs shares fell 1.7% to $941.02 in after-hours trading on Wednesday after the Wall Street Journal reported JPMorgan Chase had reached a deal to take over Apple’s credit-card program from the Wall Street bank. The Journal said the Apple Card book totals about $20 billion and that Goldman is expected to offload the balances at a discount of more than $1 billion. Reuters
7 January 2026
····
JPMorgan set to take over Apple Card from Goldman in $20 billion switch

JPMorgan set to take over Apple Card from Goldman in $20 billion switch

JPMorgan Chase has struck a deal to take over Apple Inc.’s credit-card program from Goldman Sachs, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. JPMorgan would become the new issuer — the bank that extends the credit and runs the account — for Apple Card, one of the largest co-branded card programs in the United States with about $20 billion in balances, the report said. JPMorgan and Goldman declined to comment, and Apple did not immediately respond to a request for comment. Reuters
7 January 2026
··
Why Lockheed Martin stock is sliding: Trump payout threat collides with PAC-3 missile ramp and a Goldman sell

Why Lockheed Martin stock is sliding: Trump payout threat collides with PAC-3 missile ramp and a Goldman sell

Lockheed Martin shares slid about 4.5% in afternoon trading on Wednesday after U.S. President Donald Trump said he would block dividends and share buybacks for defense contractors until they speed up weapons production. Trump also urged new production plants and called defense executive pay “exorbitant,” while offering no details on enforcement; Northrop Grumman, RTX and General Dynamics shares were also lower. Reuters
7 January 2026
······
Bitcoin price today slips near $93,000 as Morgan Stanley ETF filing puts Coinbase, Strategy stock in focus

Bitcoin price today slips near $93,000 as Morgan Stanley ETF filing puts Coinbase, Strategy stock in focus

Bitcoin fell 1.2% to $93,112 on Tuesday after trading between $91,409 and $94,346, while U.S.-listed crypto-linked stocks were mixed in after-hours trading. Strategy slid 4.1% and Coinbase fell 1.7%, while Marathon Digital dropped 2.6% and Riot Platforms rose 1.3%. BlackRock’s iShares Bitcoin Trust and Fidelity’s FBTC fell 1.9% and 1.8%, respectively.
7 January 2026
··········
Goldman Sachs stock hits a record high as Venezuela shock lifts Dow; payrolls and earnings in focus

Goldman Sachs stock hits a record high as Venezuela shock lifts Dow; payrolls and earnings in focus

Goldman Sachs shares hit a record high on Monday and were last up 4.3% at $953.61 after touching $961.71. The move helped propel the Dow to an all-time high as Wall Street piled into financial and energy stocks after a U.S. military strike captured Venezuelan President Nicolas Maduro. Markets are pricing about 60 basis points of Federal Reserve easing in 2026 — a basis point is 0.01 percentage point — keeping Friday’s monthly U.S. payrolls report in sharp focus. Reuters
5 January 2026
··
1 … 10 11 12 13 14 … 19
Follow on Google News
Add as preferred source Open in Google News