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American Express (NYSE:AXP) stock is sliding Friday morning, trading at $320.55 and down 6% after the card issuer reported a Q2 2026 beat that traders opted to fade. The reaction hit within an hour of the 8:30 a.m. ET 8-K Form, pulling American Express stock down from a prior close of $340.84. The drop extends ... American Express Sinks 6% After Q2 Earnings Beat as Visa, Mastercard Hold Steady

The card company posted second-quarter earnings of $4.53 per share, up 11% from a year ago, as card member spending rose 9%

Wall Street is coming into a busy week of earnings with high expectations.

American Express reports earnings on July 24, and retirement investors who overlook what is quietly happening inside this premium franchise before that date may be leaving a rare setup on the table.

The card company is benefiting from a continuous rise in spending by consumers who hold Delta Air Lines branded cards.

U.S. stock futures were mostly lower, led by losses in the Nasdaq-100, after Broadcom’s disappointing guidance.

The investor reaction to the company's first quarter was lukewarm at best.