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American Express Co. - AXP STOCK NEWS

Welcome to our dedicated news page for American Express Co. (Ticker: AXP), a resource for investors and traders seeking the latest updates and insights on American Express Co..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect American Express Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of American Express Co.'s position in the market.

News
American Express and Delta Air Lines® Bring Back Popular Airplane Metal Card Design
Rhea-AI Summary
American Express (NYSE: AXP) and Delta Air Lines® (NYSE: DAL) have introduced a -edition Boeing 747 Delta SkyMiles® Reserve Card design, made from retired planes. The card is available exclusively for Delta SkyMiles® Reserve and Reserve Business Card Members from April 25 to June 5, 2024. The new design features 33% metal from a retired Delta Boeing 747 plane, a white glossy finish inspired by clouds, and details of each aircraft's history. This initiative aims to provide aviation enthusiasts and Card Members with a piece of aviation history in their wallets, following the success of the first Card design in 2022.
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American Express First-Quarter Revenue Increased 11% to $15.8 Billion and EPS Increased 39% to $3.33, Reflecting Continued Business Momentum
Rhea-AI Summary
American Express reported a strong first quarter with a significant increase in revenue and earnings per share. The company's net income rose to $2.4 billion, with earnings per share reaching $3.33. Revenue grew by 11% to $15.8 billion, driven by an increase in Card Member spending and higher net interest income. The company reaffirmed its full-year 2024 revenue and EPS guidance, expecting revenue growth of 9-11% and EPS of $12.65 to $13.15.
Rhea-AI Impact
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End-of-Day
6.23%
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Hilton and American Express Introduce Enhanced Hilton Honors American Express Business Card with Rewards and Benefits to Help Business Owners Elevate Their Travel
Rhea-AI Summary
Hilton and American Express launch the enhanced Hilton Honors American Express Business Card with new benefits and up to $240 in annual statement credits on eligible Hilton purchases. The updated card offers a simplified rewards structure and accelerated points earning for Card Members.
Rhea-AI Impact
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End-of-Day
-0.03%
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American Express Plans Live Audio Webcast of First-Quarter 2024 Earnings Conference Call and Annual Meeting of Shareholders
Rhea-AI Summary
American Express (AXP) announces the schedule for its first-quarter 2024 earnings conference call and 2024 Annual Meeting of Stockholders. The webcast of the earnings call will be live-streamed on April 19, 2024, with financial results released prior. The virtual stockholders meeting is set for May 6, 2024, accessible to the public.
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0.03%
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American Express Reveals 2024 Top Travel Trends
Rhea-AI Summary
American Express Travel® releases its 2024 Global Travel Trends Report, revealing insights into global travel bookings for the year. The report, based on survey data from multiple countries, shows a positive trend in travel spending for 2024.
Rhea-AI Impact
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End-of-Day
1.12%
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American Express Board Authorizes 17 Percent Dividend Increase
Rhea-AI Summary
American Express (AXP) announces a 17% increase in quarterly dividend to $0.70 per share, following the fourth-quarter 2023 earnings release.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.28%
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American Express and American Express Global Business Travel Launch New Integration to Help Streamline Spend Management for Small Businesses
Rhea-AI Summary
American Express and Amex GBT announce a new integration to help small and mid-sized businesses manage their spend and expenses efficiently. The integration provides better visibility and control over employee spend, automates expense management processes, and offers seamless management solutions.
Rhea-AI Impact
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End-of-Day
-0.34%
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American Express To Open Largest Centurion Lounge at Hartsfield-Jackson Atlanta International Airport
Rhea-AI Summary
American Express (NYSE: AXP) is set to open its largest Centurion Lounge at Hartsfield-Jackson Atlanta International Airport, featuring a locally-inspired menu, outdoor terraces, and a bespoke whiskey bar. The lounge design reflects Atlanta's 'city in the forest' reputation, offering a relaxing space with unique art installations and wellness amenities. Chef Deborah VanTrece will curate modern, global soul food for guests, and the lounge will house The Reserve, the Centurion Network's first whiskey bar.
Rhea-AI Impact
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End-of-Day
-1.22%
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American Express Becomes a Global Sponsor of the Argentine National Teams, Expanding Its Relationship With the Argentine Football Association
Rhea-AI Summary
American Express (NYSE: AXP) and the Argentine Football Association (AFA) have expanded their sponsorship agreement, making Amex the Global Sponsor of the Argentine National Teams through 2026. The Men’s National Team, Women's National Team, and Youth National Teams are included in the deal. Amex Card Members will have early access to preferred seats and locations at Men’s National Team matches in Argentina and select international friendlies. The agreement aims to elevate the American Express brand globally and extend the benefits of membership to more people around the world. The AFA brand is now consolidated globally with more than 50 top-level commercial sponsors, and the expanded partnership will allow American Express Card Members to access exclusive experiences and be closer to their idols.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
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American Express Announces 2024 Investor Day
Rhea-AI Summary
American Express Company (NYSE: AXP) will hold an Investor Day in New York City on April 30, 2024, to discuss the company’s strategy, key initiatives, and business trends. Chairman and CEO Stephen J. Squeri, CFO Christophe Le Caillec, and other executives will present. A live webcast and replay will be available on the American Express Investor Relations website.
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-0.23%
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Stock AXP logo
American Express Co.

NYSE:AXP

AXP Rankings

#57 Ranked by Market Cap
#2296 Ranked by Stock Gains
#1751 Ranked by Dividends

AXP Stock Data

157.21B
569.66M
21.06%
65.3%
0.93%
Other Activities Related to Credit Intermediation
Finance and Insurance
Link
US
New York

About AXP

American Express Company is an American multinational financial services corporation that specializes in payment cards. Headquartered in New York City, it is one of the most valuable companies in the world and one of the 30 components of the Dow Jones Industrial Average.