NYSEAXP

Visa Offers $100 Million To Secure Apple Card Network In A Bid To Outdo Mastercard: Report – Apple (NASDAQ:AAPL), American Express (NYSE:AXP)

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Visa Offers 0 Million To Secure Apple Card Network In A Bid To Outdo Mastercard: Report – Apple (NASDAQ:AAPL), American Express (NYSE:AXP)

Visa Inc. V has reportedly proposed a $100 million payment to Apple Inc. AAPL to secure the Apple Card network. This move comes amid fierce competition among the country’s leading payment networks. What Happened: Apple Card is up for grabs as Goldman Sachs Group Inc. GS, the bank currently backing it, plans to exit the consumer lending sector. Major banks such as … Read more

Chamath Palihapitiya Calls Proposed 10% Credit Card Interest Rate Cap ‘Disruptive’ As Trump, Sanders, And Lawmakers Push For Reform – American Express (NYSE:AXP), Capital One Finl (NYSE:COF)

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Chamath Palihapitiya Calls Proposed 10% Credit Card Interest Rate Cap ‘Disruptive’ As Trump, Sanders, And Lawmakers Push For Reform – American Express (NYSE:AXP), Capital One Finl (NYSE:COF)

Billionaire investor Chamath Palihapitiya believes a proposed 10% cap on credit card interest rates would significantly disrupt the financial services industry while potentially benefiting consumers. What Happened: “This would be phenomenally disruptive,” Palihapitiya wrote Sunday on X. “Would force everyone who can embrace ultra low cost rails to emerge. Incumbents would be in trouble for … Read more

10 Financials Stocks Whale Activity In Today’s Session – American Express (NYSE:AXP), Bank of New York Mellon (NYSE:BK)

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10 Financials Stocks Whale Activity In Today’s Session – American Express (NYSE:AXP), Bank of New York Mellon (NYSE:BK)

This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading … Read more

Earnings Scheduled For January 24, 2025 – American Express (NYSE:AXP), Bright Scholar Education (NYSE:BEDU)

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Earnings Scheduled For January 24, 2025 – American Express (NYSE:AXP), Bright Scholar Education (NYSE:BEDU)

Companies Reporting Before The Bell • Bright Scholar Education BEDU is expected to report earnings for its first quarter. • Moog Inc. Class A Common Stock MOG is expected to report quarterly earnings at $1.70 per share on revenue of $873.04 million. • Verizon Communications VZ is projected to report quarterly earnings at $1.10 per … Read more

Verizon, Boeing And 3 Stocks To Watch Heading Into Friday – American Express (NYSE:AXP), Boeing (NYSE:BA)

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Verizon, Boeing And 3 Stocks To Watch Heading Into Friday – American Express (NYSE:AXP), Boeing (NYSE:BA)

With U.S. stock futures trading slightly lower this morning on Friday, some of the stocks that may grab investor focus today are as follows: Wall Street expects American Express Co. AXP to report quarterly earnings at $3.04 per share on revenue of $17.16 billion before the opening bell, according to data from Benzinga Pro. American … Read more

Jim Cramer’s Market Outlook: Strong Earnings, Trump Inauguration, and What’s Next for Investors – American Express (NYSE:AXP), GE Vernova (NYSE:GEV)

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Jim Cramer’s Market Outlook: Strong Earnings, Trump Inauguration, and What’s Next for Investors – American Express (NYSE:AXP), GE Vernova (NYSE:GEV)

Top banks reported strong earnings this week, with impressive results from Wells Fargo & Company WFC and Goldman Sachs Group, Inc. GS. Despite significant gains in their stock prices, analysts believe these banks still have room for growth, thanks to lower price-to-earnings multiples compared to the broader market, reports CNBC. Investors who owned shares in … Read more

$1000 Invested In This Stock 5 Years Ago Would Be Worth This Much Today – American Express (NYSE:AXP)

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00 Invested In This Stock 5 Years Ago Would Be Worth This Much Today – American Express (NYSE:AXP)

American Express AXP has outperformed the market over the past 5 years by 6.7% on an annualized basis producing an average annual return of 19.32%. Currently, American Express has a market capitalization of $210.23 billion. Buying $1000 In AXP: If an investor had bought $1000 of AXP stock 5 years ago, it would be worth … Read more