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How AI is changing work at Amex
American Banker62d agoneutral
How AI is changing work at Amex

CEO Steve Squeri said the company is adding fewer customer service representatives and is cutting down on a backlog of technology projects.

💬Money Quote: American Express Investors Are Hard to Please
The Wall Street Journal62d agoneutral
💬Money Quote: American Express Investors Are Hard to Please

📣 "Investors were hoping for accelerating growth this quarter and they didn't really get it." —Truist analysts Brian Foran and Erin Kim on why American Express shares are down more than 6% this morning, despite earnings beating expectations.

American Express Sinks 6% After Q2 Earnings Beat as Visa, Mastercard Hold Steady
24/7 Wall St.62d agobullish
American Express Sinks 6% After Q2 Earnings Beat as Visa, Mastercard Hold Steady

American Express (NYSE:AXP) stock is sliding Friday morning, trading at $320.55 and down 6% after the card issuer reported a Q2 2026 beat that traders opted to fade. The reaction hit within an hour of the 8:30 a.m. ET 8-K Form, pulling American Express stock down from a prior close of $340.84. The drop extends ... American Express Sinks 6% After Q2 Earnings Beat as Visa, Mastercard Hold Steady

American Express Q2 Earnings Call Highlights
MarketBeat62d agoneutral
American Express Q2 Earnings Call Highlights

American Express (NYSE:AXP) reported second-quarter results that extended its recent growth momentum, with revenue rising 10% and earnings per share reaching $4.53. The company raised its full-year revenue-growth outlook to 10% while maintaining its EPS forecast of $17.30 to $17.90, saying it plans

American Express Q2 profit rises 8% to $4.53 a share, topping forecasts
Associated Press62d agoneutral
American Express Q2 profit rises 8% to $4.53 a share, topping forecasts

Credit card giant American Express said its second-quarter profits rose 8% from a year earlier, helped by higher spending by its card members, fewer delinquencies and more customers signing up for its premium products like the Platinum Card and Gold Card. The results beat analysts' forecasts, who were looking for AmEx to earn a profit of $4.40 a share, according to FactSet. AmEx continues to benefit from global economic growth that has disproportionately benefited the wealthy and high net worth individuals, as its customer bases skews heavily toward those demographics with the Platinum Card, Gold Card and other high-end credit cards.

American Express shares slip despite earnings beat as revenue falls short of forecasts
InvestorsHub62d agobearish
American Express shares slip despite earnings beat as revenue falls short of forecasts

American Express (NYSE:AXP) shares declined more than 2% in premarket trading on Friday after the financial services company reported second-quarter earnings that exceeded analyst expectations, while revenue came in slightly below market forecasts. Although the company delivered higher profits and raised its full-year revenue growth outlook, investors focused on the modest revenue miss following the quarterly release.

Stocks to Watch: Intel, SAP, Oracle, Volkswagen
The Wall Street Journal62d agoneutral
Stocks to Watch: Intel, SAP, Oracle, Volkswagen

↗️ Intel (INTC): Shares climbed premarket after the chipmaker reported quarterly revenue well above analyst estimates after hours yesterday. ↗️ SAP SE (SAP): Shares in the German software company rose after it reported higher quarterly revenue from its cloud business.

New Home Sales: What to Watch Friday
The Wall Street Journal62d agoneutral
New Home Sales: What to Watch Friday

Today Earnings: American Express, Verizon, Charter Communications, HCA Healthcare, Volkswagen, Canadian National Railway Economic data: Commerce Department data on new home sales for June, S&P flash U.

Walmart shares its quiet plan to take down Amazon
TheStreet63d agoneutral
Walmart shares its quiet plan to take down Amazon

For years, Amazon was my default option when I wanted quick delivery. As a Prime member, I get free two-day delivery, and in many cases, the online giant actually delivers the next day, sometimes even before 8 a.m. That's a bar Walmart wants to raise. Fast Company writer Elizabeth Segran ...