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Mastercard cuts 2024 outlook citing foreign exchange concerns

Despite surpassing expectations with its first-quarter earnings report, Mastercard Inc. (MA) has revised its full-year forecast downward, citing unfavorable foreign exchange rates as headwinds.

Yahoo Finance's Josh Lipton and Akiko Fujita break down the details.

For more expert insight and the latest market action, click here to watch this full episode of Market Domination.

This post was written by Angel Smith