American Express reported Q2 earnings per share of $4.53, beating estimates, but revenue of $19.64 billion slightly missed expectations. Net income rose 8% to $3.11 billion, and card spending increased 9%. The company raised its full-year 2026 revenue growth guidance to 10%, citing strong first-half results and plans to reinvest in growth initiatives targeting Millennials and Gen Z. CEO Stephen Squeri highlighted accelerating spend and revenue growth driven by investments in the US Consumer Platinum portfolio and improved credit performance.
Banks may place temporary holds on deposits to confirm funds or freeze accounts due to suspected fraud or legal orders. These actions delay access but do not mean the bank keeps your money. Holds typically clear within a few days, while freezes requi...
American Express, Verizon Communications, and HCA Healthcare are expected to report quarterly earnings before the market opens, with American Express shares rising 0.6% in after-hours trading. Deckers Outdoor reported better-than-expected first-quart...
The VistaShares Target 15 Berkshire Select Income ETF (OMAH) offers a portfolio based on Warren Buffett’s equity holdings with a monthly cash distribution targeting a 15% annual yield. However, the underlying stocks pay only 1-2% dividends, so the fu...
American Express and ALL Accor announced a global partnership starting in 2026 across 12 countries, including Australia, France, and the UK. The deal offers eligible Amex Card Members elite status matching to ALL Accor's loyalty tiers and a new optio...
American Express has partnered with Bottomline to enhance its B2B payments platform by introducing BIP Connect, which connects buyers to a large network of verified suppliers via Paymode, improving onboarding and payment efficiency. Additionally, Ame...
