Mastercard vs Visa: Earnings review

Mastercard vs Visa: Earnings review

The global card network giants Visa and Mastercard reported quarterly financial results on Wednesday. Visa reported better than financial results compare to Mastercard but the revenue declines for both companies resulted from a lack of higher fees for cross-border transactions, as global travel remains limited.

McAfee shares open below IPO price of $20

McAfee shares open below IPO price of $20

Cybersecurity firm McAfee returned to Wall Street on Thursday and it commenced trading on the Nasdaq under the ticker symbol “MCFE”. In this IPO transaction, McAfee sold 37 million shares and raised $740 million in funds. McAfee is an antivirus software provider that provides cyber security solutions for data centers and cloud services.