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Bill Ackman’s Pershing Square re-enters Netflix with a 3.15M share stake, declaring the streaming wars won after a historic 2022 loss.
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Trump secures drug pricing deals with nine pharma companies as Kennedy reveals intense pressure from the President to deliver.
The New York Stock Exchange, part of Intercontinental Exchange, Inc. (NYSE:ICE), one of the world's leading providers of financial market technology and data powering global capital markets, and Korea Exchange, the
Corpay reported Q2 2026 earnings and revenues that exceeded consensus estimates, with adjusted EPS of $7 (up 36% YoY) and revenues of $1.34 billion (up 21% YoY). Corporate Payments segment showed exceptional momentum with 42% YoY revenue growth and 43% pro-forma organic spend growth. The company raised full-year 2026 guidance and expanded EBITDA margins to 57.3%. However, the stock received a Zacks Rank #3 (Hold) rating, suggesting in-line returns expected in the near term.
Paycode announced the appointment of Colin Digby as Chief Revenue Officer. Digby brings extensive experience from major financial institutions including Mastercard, Barclays, Deutsche Bank, JPMorgan, and Citibank. He will lead Paycode's global revenue strategy and expand partnerships to scale the company's payments and digital identity technology across underserved markets in Africa and beyond.
Mastercard's Value-Added Services (VAS) revenues grew 20% year-over-year in Q2 2026, now representing 41.2% of net revenues. The company is expanding capabilities in cybersecurity, AI, fraud prevention, and merchant analytics through initiatives like its Merchant Trust Services and Advantage Partner program. Competitors Visa and American Express are also investing heavily in similar VAS offerings, with Visa reporting 34% YoY VAS growth. Mastercard trades at a forward P/E of 26.54, above industry average, with a Zacks Rank #3 (Hold) rating.