AXP
NYSE · Financial Services
American Express Co
$340.91
-1.69 (-0.49%)
AXP News30 articles
Dow Closes Up 262 Points as Broad Rally Offsets Chip Sector Drag
The Dow rose 262 points, or 0.51%, to 52,209.69, as broad-based strength in blue chips countered weakness in semiconductor stocks. The S&P 500 edged up 0.02% while the Nasdaq slipped 0.18%.
AmEx Shares Drop 4.3% as Expense Growth Eats Into Revenue Gains
AmEx shares fell 4.3% as Q2 revenue rose 10% but expenses climbed 12%, eating up 89% of the gain. The company raised its 2026 revenue outlook but kept EPS guidance steady.
Dow Rises 235 Points on Oil Pullback, Fed and Tech Earnings in Focus
The Dow Jones Industrial Average rose 235 points on Friday, closing at 51,946.51, as oil prices dropped and markets awaited the Fed's policy decision and big tech earnings.
Dow Surges 340 Points as Oil Slump Boosts Blue Chips; Nasdaq Lags
The Dow rose 340 points on Friday, buoyed by a sharp decline in oil prices, while the Nasdaq remained under pressure from AI-related selloffs.
Capital One Q2 Profit Surges on Lower Credit Provisions
Capital One Financial posted a strong Q2 profit increase, driven by a sharp decline in credit-loss provisions. Adjusted EPS came in at $5.81.
Bank of America Shares Slip as Market Focus Shifts to Net Interest Income Outlook
Bank of America shares declined 1.39% in after-hours trading on Monday, as investor attention turns to net interest income growth and share buybacks.
Five Megacaps Face $6.5 Trillion Earnings Test This Week
Wall Street braces for key earnings from Alphabet, Tesla, Intel, Texas Instruments, and American Express, representing $6.5 trillion in market value.
AI Earnings in Focus as Wall Street Eyes Spending Signals
U.S. stocks slipped last week even as 90% of early reporters beat forecasts. This week, AI spending and geopolitical risks take center stage.
Chip Sector Rout Tests Earnings Season Resilience
Wall Street faces a test this week after a semiconductor selloff erased 10% from chip stocks, even as 90% of early S&P 500 reporters beat estimates. AI investment and demand will be scrutinized.
Bank of America Stock Holds Gains as Rate Sensitivity Takes Center Stage
Bank of America shares rose 2.7% for the week after earnings, as investors focused on rate sensitivity. NII grew 9%, but the bank's model shows a 2.2x greater downside from rate declines.
Chip Sector Slide Masks Broad Earnings Strength in S&P 500
S&P 500 fell 0.51% to 7,533.77 as chip stocks dropped 4.3%, offsetting earnings beats from 75% of components. UnitedHealth and Morgan Stanley reported strong results.
Dow Jones Gains Modestly as Chip Rally Lifts Nasdaq; Analysts Warn of Risks
The Dow Jones edged up 0.27% on Thursday, recovering only 24% of Wednesday's drop, as a semiconductor rally led by Micron Technology lifted the Nasdaq 1.30%.
Dow Jones Gains Led by Cisco and Goldman Sachs on Thursday
The Dow Jones Industrial Average edged higher midday Thursday, driven by strong gains in Cisco Systems (CSCO) and Goldman Sachs Group (GS).
Dow Slides as Oil Surge and Fed Rate Hike Bets Rattle Blue-Chips
The Dow fell 1.5% as rising oil prices and increased Fed rate hike bets pressured blue-chip stocks, with the index hovering near 52,100.
Berkshire's Record $373.5B Cash Pile Signals Market Caution
Berkshire's cash pile swells to $373.5B, with massive equity sales and a cautious stance from Buffett amid high valuations and ETF proliferation.
Dow Surges Over 760 Points as Industrials and Banks Lead Rally
Dow soars 763.79 points as Caterpillar, Goldman Sachs, and Honeywell lead gains, offsetting Apple's 4.8% drop. Alphabet set to replace Verizon in the Dow on June 29.
AmEx to Acquire TheFork from TripAdvisor for $700M, Expanding Dining Network
American Express will acquire TheFork from TripAdvisor for $700 million in cash, expanding its dining network to 75,000 bookable venues and allowing TripAdvisor to focus on its Experiences segment.
Dow Notches Record Close as US-Iran Deal Eases Oil Fears
The Dow Jones Industrial Average surged to a new closing high Monday as a U.S.-Iran deal eased oil supply fears, sending crude prices lower and boosting investor sentiment.
Wall Street Ends Higher on Iran Deal Optimism and Falling Oil Prices
The Dow Jones surged 353.42 points Friday, buoyed by optimism over a potential U.S.-Iran peace deal and declining oil prices, but inflation concerns persist ahead of the Fed's meeting next week.
Dow Jones Rises on Tech Rebound, but Inflation Data Looms
The Dow Jones Industrial Average closed higher Tuesday, buoyed by a tech sector rebound and lower oil prices. Investors are now focused on upcoming inflation data and the Federal Reserve meeting.
Visa Edges Higher Friday, Focus Turns to Inflation Data Next Week
Visa shares rebounded Friday, gaining 1.06% to $323.57, as investors weighed a stablecoin settlement test against a weekly loss and looked ahead to key inflation data.
Mastercard Shares Slide on Leadership Reshuffle, Stablecoin Expansion
Mastercard shares fell 2.4% to $466.41 after announcing a senior leadership shakeup and new stablecoin settlement options, with trading volume above average.
Berkshire's First Filing Under Greg Abel Reveals Major Portfolio Reshuffling
Berkshire Hathaway's first 13F filing under CEO Greg Abel reveals a substantial increase in Alphabet holdings, a new Delta Air Lines stake, and exits from several major names.
Visa Steady Ahead of Key Data and CEO Remarks This Week
Visa shares closed at $328.88 before Memorial Day. This week brings consumer confidence data, PCE inflation figures, and CEO Ryan McInerney's appearance at a Bernstein conference.
Ramp Targets $40B Valuation in $750M Funding Round
Ramp is negotiating a $750 million funding round at a pre-money valuation exceeding $40 billion, with existing investors GIC and Iconiq Capital expected to co-lead.
Mastercard Shares Surge Ahead of Earnings Following Visa's Strong Results
Mastercard shares jumped 3.8% to $526.90 as investors cheered Visa's earnings beat and raised outlook, setting the stage for Mastercard's own Q1 report on Thursday.
Nasdaq Slides on AI Jitters; Visa, Starbucks Rally in After-Hours Trading
U.S. stocks fell Tuesday, with the Nasdaq down 0.9% as AI and chip shares sold off. In after-hours trading, Visa and Starbucks rallied on strong earnings, while oil prices climbed above $100.
Visa Shares Surge 4% on Earnings Beat and $20B Buyback Plan
Visa shares jumped 4.1% after hours as the company beat Q2 earnings estimates and unveiled a $20 billion buyback, with revenue climbing 17% to $11.2 billion.
American Express Shares Dip Despite Q1 Profit Beat as Travel Spending Worries Mount
American Express reported Q1 EPS of $4.28, up 18%, and revenue of $18.9 billion, but shares fell 4.3% as investors focused on rising costs and weaker airline spending.
AmEx Q1 Earnings Beat, But Flat Guidance and Travel Spending Concerns Weigh on Stock
American Express beat Q1 earnings estimates with EPS of $4.28, but shares dropped as the company kept its full-year outlook unchanged and noted pressure on travel spending.