Reading the Signals: Mastercard’s Michelle Meyer on the Consumer, AI and the 2027 Outlook
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This report is about AI and big tech and retail and consumer goods.
Directly affected
- MA Mastercard+16.3% 30d
Named in this report.
Indirectly affected
- QQQ Invesco QQQ-9.8% 30d
Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- AIQ Global X Artificial Intelligence & Technology ETF-5.7% 13d
Global X Artificial Intelligence & Technology ETF: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- XRT SPDR S&P Retail ETF
SPDR S&P Retail ETF: it holds retailers. Linked by “consumer” (retail and consumer goods) in this story.
- WMT Walmart+20.2% 30d
Walmart (variety stores): retailers move with shopper spending and import costs. Linked by “consumer” (retail and consumer goods) in this story.
- AMZN Amazon.com+8.2% 30d
Amazon.com (catalog and mail-order houses): retailers move with shopper spending and import costs. Linked by “consumer” (retail and consumer goods) in this story.
- MSFT Microsoft+7.1% 30d
Microsoft (prepackaged software): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
- GOOGL Alphabet-15.6% 30d
Alphabet (computer programming, data processing, etc.): big tech's AI spending and demand drive its shares. Linked by “ai” (AI and big tech) in this story.
- COST Costco Wholesale+15.3% 30d
Costco Wholesale (variety stores): retailers move with shopper spending and import costs. Linked by “consumer” (retail and consumer goods) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| MA | +2.08% | -0.91% | base | after close | after close | after close | after close |
| QQQ | +2.50% | -2.74% | base | after close | after close | after close | after close |
| AIQ | +2.54% | -2.53% | base | after close | after close | after close | after close |
| XRT | +1.39% | -3.19% | base | after close | after close | after close | after close |
| WMT | +2.97% | -0.02% | base | after close | after close | after close | after close |
| AMZN | -1.76% | -4.23% | base | after close | after close | after close | after close |
| MSFT | +4.29% | -0.49% | base | after close | after close | after close | after close |
| GOOGL | +0.54% | -0.95% | base | after close | after close | after close | after close |
| COST | -1.85% | -1.20% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Reading the Signals: Mastercard’s Michelle Meyer on the Consumer, AI and the 2027 Outlook Financial Executives International
This story
| Company | When | Move | Status |
|---|---|---|---|
| AIQ | three days earlier | -2.53% | final price |
| AIQ | five days earlier | +2.54% | final price |
| AMZN | three days earlier | -4.23% | final price |
| AMZN | five days earlier | -1.76% | final price |
| COST | three days earlier | -1.20% | final price |
| COST | five days earlier | -1.85% | final price |
| GOOGL | three days earlier | -0.95% | final price |
| GOOGL | five days earlier | +0.54% | final price |
| MA | three days earlier | -0.91% | final price |
| MA | five days earlier | +2.08% | final price |
| MSFT | three days earlier | -0.49% | final price |
| MSFT | five days earlier | +4.29% | final price |
| QQQ | three days earlier | -2.74% | final price |
| QQQ | five days earlier | +2.50% | final price |
| WMT | three days earlier | -0.02% | final price |
| WMT | five days earlier | +2.97% | final price |
| XRT | three days earlier | -3.19% | final price |
| XRT | five days earlier | +1.39% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Pete Sessions sold Mastercard (MA) (held by a spouse), worth $15,001 - $50,000 on 2 Oct 2026. That is 39 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Mastercard (MA) (held by a spouse), worth $1,001 - $15,000 on 25 Aug 2026. That is 77 days before publication. Filed 14 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Mastercard (MA), worth $100,001 - $250,000 on 21 Aug 2026. That is 81 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a dependent child), worth $15,001 - $50,000 on 13 Oct 2026. That is 28 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 7 Oct 2026. That is 34 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 39 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Amazon Com (AMZN), worth $15,001 - $50,000 on 27 Oct 2026. That is 14 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Pete Sessions sold Amazon Com (AMZN) (held by a spouse), worth $100,001 - $250,000 on 2 Oct 2026. That is 39 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Michael T. McCaul sold Amazon Com (AMZN) (held by a spouse), worth $1,001 - $15,000 on 28 Aug 2026. That is 74 days before publication. Filed 14 Oct 2026. View the filing.
- Rep. Rohit Khanna sold Microsoft (MSFT) (held by a dependent child), worth $1,001 - $15,000 on 28 Oct 2026. That is 13 days before publication. Filed 5 Nov 2026. View the filing.
- Sen. Shelley M Capito sold Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 21 Oct 2026. That is 20 days before publication. Filed 4 Nov 2026. View the filing.
- Sen. Sheldon Whitehouse sold Microsoft (MSFT) (held by a spouse), worth $1,001 - $15,000 on 15 Oct 2026. That is 26 days before publication. Filed 2 Nov 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100
“Reading the Signals: Mastercard’s Michelle Meyer on the Consumer, AI and the 2027 Outlook” scores 12 out of 100. The score uses 1 sources.