WU faces a Q2 revenue decline, but growing Consumer Services and lower expenses could help support earnings despite pressure in money transfers.
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American Express (NYSE:AXP) shares declined more than 2% in premarket trading on Friday after the financial services company reported second-quarter earnings that exceeded analyst expectations, while revenue came in slightly below market forecasts. Although the company delivered higher profits and raised its full-year revenue growth outlook, investors focused on the modest revenue miss following the quarterly release.
The latest trading day saw American Express (AXP) settling at $355.35, representing a -1.72% change from its previous close.
Analysts at JPMorgan raised their price target on American Express to $400 from $328, implying an upside potential of 14% from Friday’s close.
MA slips below its 200-day SMA, but strong earnings growth forecasts, AI payment initiatives and resilient operations keep the long-term outlook in focus.
The Dow fell further in morning trading amid a broad sell-off on Wall Street. The blue-chip index was down 1.5%, or 800 points. The Nasdaq and S&P 500 were also in the red, trading 0.9% and 0.9%, respectively.
In June 2026, Tripadvisor agreed to sell its restaurant reservation platform TheFork to American Express for US$700,000,000 in cash, reinforcing a pivot away from legacy operations toward its travel experiences marketplace anchored by Viator. This move highlights Tripadvisor’s push to simplify its portfolio and unlock capital that can be redeployed into higher-growth experiences businesses while an activist-influenced board explores options to enhance overall shareholder value. We’ll now...
Alphabet shares have fallen below the price levels at which Berkshire Hathaway bought them in the private placement earlier this month. The stock is not a screaming buy yet, though.
New Mexico’s Justice Department orders banks and other companies to preserve records tied to Jeffrey Epstein and his associates.
Three of the Dow’s worst performers this year share more than just a red ticker. American Express (NYSE: AXP) trades at $310.66 versus a Wall Street target of $361.57. Nike (NYSE: NKE) trades at $42.98 against a consensus target of $60.49. Walt Disney (NYSE: DIS) changes hands at $99.71 with analysts modeling $129.67. The implied upside ... These 3 Underperforming Dow Stocks Have 3 Things in Common but Wall Street Remains Bullish
Capital One is facing a rough patch as its shares lag the broader market. However, Wall Street still sees untapped potential ahead.
FTSE 100 up 8 points to 10,341 Oil prices soften on Israel-Lebanon ceasefire CMC Markets nears five-year high on results 2.56pm: Toddlers' picnic on Wall Street As expected, Wall Street has opened like a toddlers' picnic, with everyone heading off in different...
While American Express has lagged behind the SPX over the past year, analysts are moderately optimistic about the stock’s prospects.
In 1975, American Express (AXP) entered the cultural zeitgeist with a series of commercials that ended with the slogan, “Don’t leave home without it.” The campaign, created by the groundbreaking ad agency Ogilvy & Mather, warned Americans of the consequences of carrying cash around abroad — it ...
Berkshire cashed out of UnitedHealth before the recent rally, but that doesn't mean Abel sold too early.
In April 2026, Synchrony announced an expanded co-brand partnership with Lowe's, introducing the MyLowe's Pro Rewards American Express Card that can be used anywhere American Express is accepted, extending beyond the existing in-store-only Pro credit card. This move broadens payment flexibility and rewards earning for Pro customers, potentially deepening Lowe's ties with higher-spending professional buyers across more of their everyday business purchases. Next, we’ll examine how this...
The card company is divesting its nearly one-third ownership of the corporate travel services firm Global Business Travel Group.