American Express Co. has ridden strong growth in millennial spending lately, but one analyst worries the company's exposure to younger customer bases will soon come back to bite it.
Buffett isn't just a fan of Coca-Cola. He's also a major shareholder, enjoying its dividends.
American Express posted record revenue, but it still came up short of forecasts as network volumes growth slowed after several quarters of double-digit percent growth.
The S&P 500 was little changed on Friday, July 21, 2023, but posted gains for the week on strong corporate earnings reports.
American Express (AXP) Q2 results reflect continued business momentum from record card member spending and improving credit performance.
Lisa Ellis, MoffettNathanson senior analyst, joins 'The Exchange' to discuss consumer spending trends, pessimism about American Expresses after a revenue miss, and the health of U.S. consumer spending
American Express said on Friday it took in a record $15.1 billion over the second quarter as card members spent more on its credit cards. Its results beat Wall Street estimates.
U.S. equities were up at midday on Friday, July 21, 2023 and on track for a winning week, powered by strong earnings news.
American Express Company (NYSE: AXP) says continued demand for travel and entertainment pushed spending to a record high in the second quarter. Its shares are still down roughly 5.0% this morning.
American Express Co. boosted its provisions for credit losses in the latest quarter, though executives anticipate credit trends will remain healthy.
Shares of the credit card and services giant American Express NYSE: AXP are trading lower by as much as 5.5% during Friday's trading session, scaring some investors and exciting some as well; patient
America Express CEO Stephen Squeri spoke to Yahoo Finance Executive Editor Brian Sozzi about the results and the economy, saying “right now I consider it a steady state environment because we've bas
The stock market opened slightly higher on Friday morning. American Express shares fell after a strong earnings report included a boost in credit loss provisions.
Yahoo Finance's Julie Hyman reports on the Dow's winning streak, Nasdaq's slump, Big Tech earnings and American Express's record revenue for the 5th straight quarter.
American Express (AXP) came out with quarterly earnings of $2.89 per share, beating the Zacks Consensus Estimate of $2.80 per share. This compares to earnings of $2.57 per share a year ago.
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