Click the chart for more on MasterCard.
NEW YORK (CNNMoney) -- The trend toward plastic is in full force. After Visa reported record revenue last week, MasterCard destroyed the earnings expectations this morning.
As a result, shares of the world second-largest payment processing company reached an all-time high. MasterCard (MA, Fortune 500) announced "double-digit increases in volumes and processed transactions in most regions across the globe."
Meanwhile, Open Table (OPEN) lost another 13% of its market cap overnight after reporting earnings in line with estimates. The former high-flier made a full round trip: $40 to $115 back to under $40 in less than 18 months.
Open Table sells online reservation systems to restaurants across the world. Market participants are worried about slowing revenue growth and incoming competition.
In other earnings news, CNNMoney parent company Time Warner (TWX, Fortune 500) reported slightly better-than-expected results but its stock still slid 2% on the news.
These are some of the popular themes on StockTwits Wednesday:
Street_Insider: MasterCard $MA Reports Q3 EPS of $5.63, vs. cons. $4.82, sales $1.82B, vs. cons. $1.71B.
event_trader: $MAclearly outshines $V again this quarter and has outperformed $V over every meaningful time period. I don't see why $V gets so much love.
OptionRadar: $OPEN - Open Table Off 12% - failing growth story in low barrier to entry business, my Earnings Snapshot was http://t.co/Qir1f21q.
herbgreenberg: $HDGE manager John Delveccho to me: the REAL tell on $OPEN "was that they changed their revenue recognition and front loaded it."
fundmyfund: $OPEN as a stand alone had good metrics, but expectations remain high (miss on top line, in line bottom).
TMTanalyst: $TWX beat is on the back of Harry Potter in the film division, film is hit driven and franchise is over; cable nets were weak.
juliat333: Time Warner Cable announced it lost 128,000 residential video subscribers to end the quarter at 11.9 million. $TWX 
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,454.83 | -74.92 | -0.60% |
| Nasdaq | 2,837.53 | -1.85 | -0.07% |
| S&P 500 | 1,317.82 | -2.86 | -0.22% |
| Treasuries | 1.74 | -0.01 | -0.80% |
| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.15 | 0.01 | 0.14% |
| Sprint Nextel Corp | 2.62 | 0.09 | 3.56% |
| Cisco Systems Inc | 16.33 | -0.06 | -0.37% |
| Chesapeake Energy Co... | 15.81 | 0.23 | 1.48% |
| Ford Motor Co | 10.60 | 0.01 | 0.09% |
| Overnight Avg Rate | Latest | Change | Last Week |
|---|---|---|---|
| 30 yr fixed | 3.80% | 3.80% | |
| 15 yr fixed | 3.09% | 3.11% | |
| 5/1 ARM | 2.65% | 2.69% | |
| 30 yr refi | 3.77% | 3.86% | |
| 15 yr refi | 3.09% | 3.21% |
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