AXP
NYSE · Financial Services
American Express Co
$302.48
+4.99 (+1.68%)
AXP News30 articles
Robinhood Slashes IPO Size for New Private Markets Fund
Robinhood Markets has significantly reduced the size of its first private-markets fund IPO, pricing 12.6 million shares at $25 each. The move comes as the trading platform broadens its offerings to target wealthier clients.
Robinhood Unveils $695 Platinum Card in Premium Finance Push
Robinhood Markets has introduced a premium Platinum credit card with a $695 annual fee, targeting high-income clients. The move is part of a broader strategy to become a family financial superapp.
Robinhood Debuts High-Fee Platinum Card in Bid for Affluent Investors
Robinhood Markets introduced an invite-only Platinum credit card with a $695 annual fee and expanded into family wealth planning with custodial and trust accounts. The move aims to attract wealthier clients and reduce reliance on volatile trading revenue.
Mastercard Tests Stablecoin Settlement with SoFi Amid Market Dip
Mastercard stock declined 0.5% to $521.60, underperforming the broader market, following news of a stablecoin settlement test with SoFi. Traders are eyeing Friday's jobs report and upcoming fintech conferences.
Mastercard Advances Stablecoin Settlement with SoFi, Shares Gain After Hours
Mastercard shares gained 0.6% in extended trading following news of a partnership with SoFi Technologies to integrate stablecoin settlement into its global payments network. Investors await further strategic updates at an upcoming investor conference.
American Express Boosts Dividend 16%, Shares Edge Higher
American Express increased its quarterly dividend by 16%, sending shares modestly higher. Investors now focus on the company's upcoming earnings report for details on consumer spending and credit health.
Visa Shares Flat Amid PayPay IPO Delay, Geopolitical Jitters
Visa shares were nearly unchanged, rising just 0.1% to $320.37, as the delay of PayPay's IPO marketing added to market volatility driven by Middle East tensions and inflation concerns.
Visa Shares Hold Steady Amid IPO Delay, Market Eyes Inflation Data
Visa shares showed minimal movement, rising 0.1% to $320.37, as SoftBank's PayPay delayed its IPO marketing following geopolitical tensions. Traders shifted focus to upcoming U.S. employment data.
Mastercard Gains as Inflation Data Delays Rate Cut Hopes
Mastercard shares advanced Friday, closing at $517.21, as a stronger-than-expected producer inflation print reduced near-term rate cut odds. Investors now await next week's U.S. employment report for direction.
American Express Plunges 7.9% as Inflation Fears Rattle Financial Sector
American Express shares tumbled nearly 8% on Friday, dragged down by a sector-wide retreat in financial stocks following higher-than-expected inflation data. Investors now brace for key employment and inflation reports next week.
Visa Advances in Argentina Amid Mexico Regulatory Setback
Visa shares gained 0.8% after announcing an acquisition in Argentina, though expansion plans in Mexico faced a regulatory hurdle.
UK Banks Explore National Payments Rival to Visa and Mastercard
UK banking leaders are convening to plan a national payments network that could challenge Visa and Mastercard's dominance. Mastercard's stock declined ahead of the holiday weekend.
Visa Shares Face Post-Holiday Test Following Class B Share Exchange Proposal
Visa shares declined 3.1% to $314.08 Friday as the market digested a conditional share-swap proposal linked to ongoing legal proceedings. Attention shifts to Tuesday's market reopen and upcoming economic indicators.
Mastercard Extends Losses Ahead of Holiday Weekend, Payments Sector Under Pressure
Mastercard stock declined for a third straight session, closing at $518.36, while Visa saw a sharper drop. U.S. markets will be closed Monday for the Presidents Day holiday.
American Express Shares Slide 4.7% Ahead of Fed Minutes
American Express stock declined 1.6% to $337.50 on Friday, extending a two-day slide of nearly 5%. The drop came amid broader weakness in payment sector stocks.
American Express Shares Drop 3% in After-Hours Trading
American Express shares declined more than 3% in extended trading Thursday, underperforming major banking peers as markets braced for key U.S. inflation figures.
Mastercard Shares Dip Amid Fee Settlement Scrutiny, CPI Awaited
Mastercard shares fell 1.2% to $530.99 as payment stocks retreated ahead of key inflation data. Major retailers are pushing for a hearing on a proposed interchange fee settlement.
Visa Shares Dip Amid Economic Data Watch, Payment Peers Follow Lower
Visa shares declined 0.5% to $327.68 as investors assessed U.S. jobless claims and awaited Friday's CPI report. Broader market weakness and peer declines added pressure.
American Express Shares Retreat in Extended Trading Amid Rate Jitters, Debt Issuance
American Express stock declined 2.5% in after-hours trading following a $3.5 billion debt offering and as investors monitored regulatory discussions on card rates and awaited key inflation data.
Mastercard Shares Recover as Weak Retail Data Fuels Rate Cut Hopes
Mastercard stock rose 1.4% Tuesday, rebounding from a 2.44% drop, as flat December retail sales boosted bets on Federal Reserve easing. The company also announced a new partnership in Egypt.
Mastercard Shares Drop on European Payment Independence Push; Key U.S. Data Awaited
Mastercard stock fell 2.4% amid renewed European efforts to develop alternatives to U.S. card networks. Investors now turn to upcoming U.S. jobs and inflation reports for direction.
Mastercard, Visa Slide as Europe Pushes Payment Independence Ahead of U.S. Data
Mastercard and Visa shares fell over 2% amid European calls for local payment alternatives and caution ahead of key U.S. inflation and jobs reports this week.
Visa Shares Decline Amid Broader Payment Sector Weakness
Visa shares fell 1.7% to $326.04 in Monday trading, underperforming the S&P 500's gain. Mastercard also dropped, while PayPal advanced.
IRS Staffing Shortfall May Dampen Economic Boost from Trump's Tax Refund Surge
Taxpayers are poised for larger refunds in 2026 due to new legislation, but IRS workforce reductions could delay payments and limit the anticipated consumer spending lift.
American Express Shares Gain Ahead of UBS Conference; Investors Eye Spending Trends
American Express stock rose 1.3% to $359.15 Friday, extending a three-day rally. Investors await management's Feb. 10 UBS conference comments for insights on consumer spending and credit health.
Mastercard Slips as Executive Pay Rises, Markets Eye Jobs Data
Mastercard shares declined 0.6% to $548.74 Friday, underperforming peers Visa and American Express. The company increased compensation for top executives and declared a quarterly dividend of $0.87 per share.
Mastercard Shares Dip as Investors Eye Executive Compensation and Upcoming Economic Data
Mastercard shares closed lower Friday at $548.74, underperforming peers Visa and American Express. The company disclosed increased executive pay and a new dividend, while markets await key U.S. jobs and inflation reports.
Visa Eyes Key Economic Data After Mixed Week, Launches Small-Business Initiative
Visa shares edged higher Friday, closing at $331.58, as traders await a deluge of delayed U.S. economic reports next week that could sway consumer spending and rate expectations.
Visa Eyes Key Economic Data After Dow Tops 50,000
Visa shares edged higher Friday as the Dow Jones Industrial Average closed above 50,000 for the first time. Investor focus shifts to a deluge of delayed U.S. economic reports next week.
Berkshire Hathaway's 13F Filing Looms as BRK.B Gains Amid Market Rotation
Berkshire Hathaway's Class B shares rose 0.83% to $508.09 as the Dow surpassed 50,000. Investors await the firm's delayed 13F holdings report due Feb. 17.