American Express is a globally recognized financial services company that specializes in payment solutions and travel-related services. The company is best known for its charge and credit card offerings, which cater to both consumers and businesses, enabling them to make purchases and manage expenses seamlessly. In addition to card services, American Express provides a range of financial products, including personal savings accounts, loans, and business financing options, as well as premium travel services and rewards programs designed to enhance customer loyalty. Through its extensive network, American Express facilitates transactions, offering a variety of products that address the needs of individuals and corporations alike in the realm of financial management and travel experiences. Read More
A number of stocks jumped in the afternoon session after the major indices rebounded, as Fed Chair Jerome Powell delivered dovish remarks at the much-awaited Jackson Hole symposium. Powell suggested that with inflation risks moderating and unemployment remaining low, the Federal Reserve might consider a shift in its monetary policy stance, including potential interest rate cuts. This outlook eased market concerns about prolonged high interest rates and their impact on economic growth. The prospect of lower borrowing costs bolstered investor confidence, particularly in sectors that have lagged, leading to a broad rally across the market.
Daily stock price moves often dominate headlines, but shifts in fundamental ranking scores can reveal a deeper story. This week, Benzinga's proprietary Growth data highlighted major swings among household names.
Even if a company is profitable, it doesn’t always mean it’s a great investment.
Some struggle to maintain growth, face looming threats, or fail to reinvest wisely, limiting their future potential.
American Express will now offer even more access and perks for Card Members in South Florida as the new Official Payments Partner of Hard Rock Stadium, the FORMULA 1® CRYPTO.COM MIAMI GRAND PRIX and the Miami Dolphins. The new, multi-year partnership will provide eligible Amex® Card Members with access to Amex Presale Tickets™, special fan experiences, exclusive lounges and more.
Restaurants are starting to see a drop in traffic and pressure from higher commodity prices and labor costs. So, it's no surprise restaurant stocks are down big this year, but the size of the drop in names like Cava and Chipotle are shocking.
Over the past six months, American Express Global Business Travel’s shares (currently trading at $7.84) have posted a disappointing 11.7% loss, well below the S&P 500’s 5% gain. This may have investors wondering how to approach the situation.
As a proud partner of the US Open Tennis Championships for 33 years, American Express will once again serve up enhanced perks for Card Members and fans at this year’s tournament, taking place August 18 through September 7. From access to Card Member lounges, to fan experience spaces and additional perks across the tournament grounds, American Express is continuing to enhance the US Open experience.
Investors focus on strategic stock picks amid market volatility. Traders make calculated decisions during earnings season. Freeport-McMoRan and American Express named top choices.
Investors often look to Warren Buffett's investment portfolio for a source of ideas. Here are two Buffett stocks I'd buy today, plus one stock to avoid.
