American Express (AXP) stock has dropped more than 2% due to ongoing concerns regarding President Trump's proposed cap on credit card interest rates. Despite these pressures, the company posted a robust quarter with double-digit revenue growth, totaling $72 billion for the year and a 15% increase in earnings per share. American Express is bolstering its competitive position with a planned 16% increase in quarterly dividends and significant investments in marketing and technology, while also aiming for mid-teen EPS growth.
“American Express · closed · down more than -1%”
“American Express · slipped · 2% · as President Trump's credit card rate cap proposal continued to hang over credit card issuers”
“American Express (AXP) stock · slipped · 2% · 2%”
“American Express (AXP) stock · slipped · 2% · as President Trump's credit card rate cap proposal continued to hang over credit card issuers”
“American Express's quarter · was · solid · as it posted double-digit revenue growth”
“American Express · posted · double-digit revenue growth · in its quarter”
“American Express (AXP) stock · slipped · 2% · as President Trump's credit card rate cap proposal continued to hang over credit card issuers”
“American Express's quarter · was otherwise · solid · as it posted double-digit revenue growth”
“American Express · had · full-year revenues · $72 billion”
“American Express · experienced · EPS growth · 15%”
“American Express · is planning · quarterly dividend increase · 16%”
“American Express · spent · on marketing · $6.3 billion”
