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The Dow Jones Industrial Average jumped 700 points on Jun 2, its best day of the year so far.
Transferring travel rewards can unlock huge value and great travel opportunities. Here's what to expect.
Shares of many bank stocks moved higher today as Congress passed the debt ceiling bill last night and the market reacted positively to the May jobs report released this morning. Shares of the credit card and payments company American Express (NYSE: AXP) traded roughly 4% higher as of 12:32 p.m. ET today. Meanwhile, shares of PacWest Bancorp (NASDAQ: PACW) traded nearly 14% higher, while shares of KeyCorp (NYSE: KEY) were up about 6%.
American Express (NYSE: AXP) has been posting solid results of late, but investors are worried about how long that can last if the economy slows ahead. AmEx, a financial services company historically known primarily for catering to the rich, has done a good job in recent years expanding its reach to a broader slice of the market and growing profits in the process. The Federal Reserve's aggressive moves to push interest rates higher threatens to slow economic growth and make it harder for consumers to pay their bills.
It's been a tough year for American Express (NYSE: AXP) investors. While the S&P 500 has gained more than 8% since the end of 2022, shares of the credit card company are up an anemic 2.3% thanks to a sizable sell-off from February's peak. Just don't come to any sweeping, long-term conclusions about American Express based on the stock's short-term performance.
By buying an index fund, investors can approximate the average market return. But many of us dare to dream of bigger...
American Express (NYSE: AXP) saw its share price rise today, as it was up 3.7% as of 12:20 p.m. ET on Friday. The primary catalyst on Friday for the credit card provider was favorable comments from a major stock market analyst. Morgan Stanley's Betsy Graseck reiterated her $188 per-share price target for the investment banking firm in a research note on Friday and maintained an overweight rating.
In the Oracle of Omaha's view, diversification is only necessary if you don't know what you're doing.
Anna Marrs, American Express Group President of Global Commercial Services and Credit & Fraud Risk, joins Yahoo Finance Live to discuss how the market is impacting small business lending.
American Express Company's ( NYSE:AXP ) dividend will be increasing from last year's payment of the same period to...
Consumers trust American Express more than any other credit card company. Find out why and see if you should get one of its credit cards.
Higher loan volumes are likely to keep boosting American Express' (AXP) U.S. Consumer Services segment.
NEW YORK, May 17, 2023--American Express Company (NYSE: AXP) Chairman and Chief Executive Officer Stephen J. Squeri will participate in the Bernstein 39th Annual Strategic Decisions Conference on Thursday, June 1, at 11 a.m. Eastern. Mr. Squeri will participate in a fireside chat relating to the Company’s business strategy and financial performance.
Certain types of credit cards aren't always easy to use internationally. Find out why you should always have a Visa or Mastercard when traveling abroad.
Two Berkshire Hathaway holdings are solid long-term holdings, while another Buffett favorite should be avoided in the short term.
Dividend stocks are always valuable for an investing portfolio, since they provide income regardless of what happens to the stock price. For great dividend stocks with high yields, cheap prices, and reliable performance, I recommend Home Depot (NYSE: HD), Williams-Sonoma (NYSE: WSM), and American Express (NYSE: AXP).
Key Insights Significantly high institutional ownership implies American Express' stock price is sensitive to their...
Owl Rock Capital (ORCC) Q1 results reflect record high net investment income on the back of increased portfolio average yield, partially offset by an increase in operating expenses.
The integrated-payments network is serving up double-digit revenue growth and aggressively buying back its stock.
It may be a short time in this one media stock for the Oracle of Omaha.
These companies manage to keep growing and generating excess profits, which is admirable given their age and size.
American Express, or "Amex", credit cards have made their way into millions of wallets since they first landed in Britain in 1963. Sixty years on and there are still tricks little known to most users that can boost your points far more than you might think.
Warren Buffett to investors: In business, it's best not let your emotions get ahead of you.
Many American Express Company ( NYSE:AXP ) insiders ditched their stock over the past year, which may be of interest to...
Warren Buffett will take center stage on Saturday, May 6 as Berkshire Hathaway (BRK-A) hosts its annual shareholders meeting in Omaha, Nebraska. The event has been dubbed the ‘Woodstock of Capitalism’, drawing attention from a wide range of investors, market watchers, and economists, all hoping to get a glimpse of the magic that inspired Buffett’s legendary career. Yahoo Finance is on the ground in Omaha with special coverage of the 2023 Berkshire Hathaway Annual Shareholders Meeting. Here are the top 3 things we’re watching for ahead of Saturday’s big event: Buffett’s comments on the banking crisis The state of the U.S. economy Warren Buffett’s top stock picks