American Express reported a Q3 earnings beat with adjusted EPS of $4.68, surpassing estimates, and raised its full-year profit forecast. However, shares fell 3% due to concerns over a slight revenue miss and reliance on one-time tax benefits, which raised doubts about the quality of earnings growth. In contrast, Visa and Mastercard shares dipped only slightly, reflecting their different business models without lending risks. Investors will watch American Express's next report to see if cardmember spending continues to grow amid higher Platinum card fees.
Following American Express's earnings news, its shares on Pluang are down 1.26% at USD 320.88 as of Oct 23, 2026 21:01 WIB, with a high sell order activity of 97%. Visa and Mastercard also show modest declines, down 1.00% and 1.26% respectively, trading at USD 410.21 and USD 625.20. These figures highlight a cautious market stance on financial sector stocks despite earnings updates.
American Express announced it is reducing about 5% of its global workforce, impacting roughly 3,850 employees from its nearly 77,000 staff as of the end of 2025. CEO Stephen Squeri explained the move aims to make the company more agile and efficient ...
American Express has partnered with Airbnb to add over 1 million Airbnb listings to its travel rewards platform, allowing cardholders to earn membership points on bookings. This expands Amex's hotel portfolio and lets Platinum cardholders apply their...
High-yield savings accounts are offering competitive interest rates up to 5.00% APY as of October 2026, significantly higher than the national average of 0.38%. Online banks are aggressively competing for deposits, making this an ideal time for saver...
In 2025, Berkshire Hathaway, led by Greg Abel, received $479 million in dividends from its $1.3 billion investment in American Express. This highlights the value of holding strong dividend-paying stocks for steady income. Retail investors can apply s...
In 2025, Berkshire Hathaway, led by Greg Abel, received $479 million in dividends from its $1.3 billion investment in American Express. This highlights the power of dividend income as a steady return on investment. Retail investors can apply similar ...
