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News Digest / Lukas Schmidt

Author: Lukas Schmidt
09:56am, Friday, Oct 18, 2024
American Express Surprises with Q3 Profit but Shares Slip: What Traders Need to Know
American Express (NYSE: AXP) exceeded Q3 profit expectations due to cost management, yet shares fell 3.8%. Despite a resilient consumer, high interest rates pose risks. The company raised its 2024 EPS outlook, showcasing strong fundamentals amid economic uncertainty.
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