American Express Company Stock News

Amex Membership Rewards made it possible to book Etihad first-class seats worth $8,000, and from pajamas to caviar, the experience was worth every point.

If history is any guide, there may be trouble ahead for shares of American Express (NYSE: AXP ). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock. What To Know: Many traders use moving average crossover systems to make their decisions. When a shorter-term average price crosses above a longer-term average price, it could mean the stock is trending higher. If the short-term average price crosses below the long-term … Full story available on Benzinga.com

Consumers Are "Going EverywhereExcept The Office", AmEx CEO Says This Week According to American Express, spending is still almost "everywhere you want to be". Except in the office and for business travel, that is... The company''s Chief Executive Officer Stephen Squeri said this week that "corporate travel will never be the same" after the pandemic, Bloomberg reported . This is despite the fact that U.S. consumers "staged a robust comeback" in the last quarter of 2021, he said. In fact, spending on travel and entertainment has actually passed pre-Covid levels. But business spending is still about 33% of what it once was, the report says. On Tuesday, the AmEx chief said: People are skeptical about business travel because of all the remote workforce." He continued: "Business travel is going to be completely different. And, I think, as you have more people in more remote locations, they may need to get together three, four, maybe five times a year to come to headquarters. Squeri, talking about how the climate for work has changed since employees abandoned their offices in 2020, concluded about Covid: Consumers are learning to live with it -- were over it.

Wednesday afternoon''s top analyst upgrades and downgrades included American Express, Clorox, Chipotle, Meta, Microsoft, Verizon and more.

The company reported earnings for the fourth quarter and full year of 2021.

American Express <>, in particular, and credit-card lenders, in general, climb after AmEx''s outlook gives investors more confidence that travel & entertainment spending continues

These are the stocks posting the largest moves in midday trading.

Were exploring other ways, potentially, to redeem your membership rewards points, but I dont think youre going to see an American Express card linked to cryptocurrency anytime soon," said Stephen Squeri.

NEW YORK , Jan. 25, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for IBM, AXP, XOM, NFLX, and NVAX. … Full story available on Benzinga.com

"Volatility Is Back": Futures Resume Sliding After Historic Rollercoaster Reversal Following one of the greatest intraday market reversals in history, US index futures resumed their decline led by the Nasdaq, signaling more pain for richly valued technology shares as investors braced for the highly anticipated Fed meeting and a flurry of earnings as geopolitical tensions between Russia and Ukraine persisted. Companies including GE, J&J, Verizon and Microsoft report earnings on Tuesday, as the Fed starts a two-day meeting. As of 7:30am ET, emini S&P futures were down 60 points or 1.36% to 4,343, Nasdaq futures were down 1.88% or 272 points and Dow futures were down 236 points or 0.68%. The VIX was at 33, after swinging between 29 and 39 on Monday; 10Y Treasury yields were unchanged at 1.77% and the dollar gained. US equities swung in a rollercoaster of volatility on Monday as both underlying gauges had erased intraday losses to end the session slightly higher as dip-buyers came in. According to JPM''s trading desk, yesterday''s 5% reversal in the Nasdaq is an uncommon occurrence: "If you exclude March 2020, yesterday was the 7th 5%+ NDX reversal since GFC.

Credit card company American Express said Tuesday that its fourth-quarter earnings rose 20% from a year earlier, as eager consumers spent record levels of money during the holiday season on the companys namesake cards

American Express (AXP) plans to boost its regular quarterly dividend by ~20% in Q1 and aims for 2022 revenue growth of 18%-20% and EPS of $9.25-$9.65.The EPS goal is less than the