Millennials Now 30% of Amex Card Volume

12:40pm, Thursday, 20'th Apr 2023
Spending is resilient, but it's slowing. American Express posted first-quarter earnings results that showed some puts and takes, where spending, especially among younger cohorts, was up double digits
Consumer spending usually follows close behind when the economic cycle swings from expansion to contraction. As discretionary and corporate spending increases, American Express (NYSE: AXP) is able t

Jobless Claims Higher, Philly Fed & AmEx Lower

12:11pm, Thursday, 20'th Apr 2023
Continuing Jobless Claims ratcheted up to 1.865 million -- the highest single-week read since November 2021.

Jobless Claims Increased More Than Expected

12:11pm, Thursday, 20'th Apr 2023
Pre-market futures are lower this morning, following another flat day overall yesterday, and a flat-to-down week thus far. Economic and Q1 earnings reports hitting an hour before the opening bell caus
American Express (AXP) came out with quarterly earnings of $2.40 per share, missing the Zacks Consensus Estimate of $2.64 per share. This compares to earnings of $2.73 per share a year ago.
American Express Company (NYSE:AXP) has reported record first-quarter revenue but earnings that fell short of analysts' forecasts after it raised provisions for credit losses.  The credit card compan
The company kicks off credit card company earnings, with results from Visa and Mastercard coming over the next week.
American Express Co. AXP, +0.33% continued to benefit from strong spending growth in the latest quarter, though it fell short on profit. The card giant on Thursday morning posted first-quarter net inc
American Express Co's first-quarter profit missed Wall Street estimates on Thursday as the credit card giant set aside more money to cover potential losses stemming from cardholders falling behind on

5 Traits of Legendary Investors

10:42am, Tuesday, 18'th Apr 2023
By cultivating these traits, traders can increase their chances of success in the stock market.
Earnings season kicked off last week, with several big banks starting the party. Many posted better-than-expected results, exceeding both earnings and revenue expectations.
American Express' (AXP) first-quarter results are likely to reflect higher total network volumes and total expenses.
A mild recession is very likely coming in the 2nd half of 2023. Sleeping well at night during the coming downturn will require a focus on safety and quality first and prudent valuation and sound risk
Warren Buffett is known for investing in companies with solid business models and impressive long-term prospects. Snowflake's cloud-agnostic data platform and first-mover advantage in the data marketp
Most readers will be aware of the virtues blue-chip stocks possess: They're large, well-established companies with a financially sound business that lends great credibility to their equity in genera
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE