American Express stock under pressure after earnings beat

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Brad Smith,Seana Smith,Expert Insights

American Express (AXP) shares are under pressure despite reporting a beat and a raise. Morning Brief Hosts Seana Smith and Brad Smith take a closer look. To ...

Let's take a look at American Express, another name that's on the move this morning reporting better than expected third quarter profit lifting its full year guidance.

I mean, they had even gotten a nod from, uh, our conversation with Delta CEO at Bastian when he was talking about the consumer and the premium consumer and looking through one of the measures that they have on their side, which is actually American Express remuneration, and the the kind of level of that was actually up high, single digit.So that kind of gave you an early insight into what Amex might have been foretelling about the consumer and might have been able to tell us in their earnings.

Cutler retired in 2017 after 12 years in the league. He played for the Chicago Bears, Denver Broncos and Miami Dolphins.Ineos Britannia are on the brink of defeat in the 37th America’s Cup in Barcelona after going 6-2 down in their first-to-seven series against Emirates Team New Zealand.

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American Express earnings, housing, Fedspeak: What to WatchAmerican Express (AXP), Procter & Gamble (PG), Ally Financial (ALLY), and Comerica (CMA) are the latest companies to report quarterly results on Friday...
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