NEW YORK--(BUSINESS WIRE)--American Express is channeling the unmistakable energy of the US Open Tennis Championships into unique experiences for Card Members and US Open fans during the tournament from Aug. 23 to Sept. 13. The US Open American Express Fan Experience Opening its doors at the start of US Open Fan Week, the US Open American Express Fan Experience will feature the return of its fa...
CNBC's Jim Cramer said earnings season reinforced five investing themes he thinks will produce the market's best buying opportunities. He highlighted stocks to buy for each theme, including Capital One, Ralph Lauren, Lam Research, CrowdStrike, Goldman Sachs and Eli Lilly.
NEW YORK--(BUSINESS WIRE)--Pie, the AI-powered growth platform for small businesses, today announced an investment from Amex Ventures, the corporate venture capital arm of American Express. The investment follows Pie's emergence from stealth in June, and the announcement of its $19.5 million Series A led by Lightspeed Venture Partners, with participation from Capital One Ventures, Max Levchin's...
For years, the elevator pitch for B2B payments modernization was speed. Faster approvals.
American Express' second-quarter earnings tell a spending story that stretches from restaurant tables to airport gates to corporate expense accounts, with artificial intelligence sitting somewhere in the middle. Card spending rose 9% on an FX-adjusted basis in the second quarter, according to a Friday (July 24) earnings presentation.
American Express (AXP) stock is in focus this morning after the credit card company reported its fiscal Q2 earnings that told a familiar story of premium strength. AMEX came in ahead of Street estimates with an 11% year-on-year increase in earnings per share (EPS) to $4.53, while the firm's overall revenue went up 10% in the recent quarter to $19.6 billion.
American Express Company (NYSE:AXP, XETRA:AEC1) shares fell about 6% on Friday after the company reported second-quarter revenue that came in slightly below Wall Street expectations, despite beating profit estimates. The company reported earnings per share of $4.53 for the quarter ended June 30, ahead of the consensus estimate of $4.40.