The Federal Court of Australia fined a local unit of American Express (AmEx) A$8 million ($5.36 million) for breaching design and distribution rules for two of its co-branded credit cards, the Australian corporate regulator said on Friday.
American Express' (AXP) second-quarter earnings are likely to have benefited from higher network volumes, total cards-in-force and interest income.
The fintech stocks had their heyday back in 2020-21 when it was thought they'd pose a serious threat to the market share of traditional financial institutions (think the banks). When the pandemic lockdowns happened and online shopping went into overdrive in what was a “roaring start” to the 2020s, it seemed like the market's fintech darlings could only go higher.
Blue-chip stocks are household names that are likely to deliver long-term gains for patient investors. Furthermore, these corporations are less risky and aren't as prone to going out of business.
Fundamental analysis focuses on a company's finances, catalysts, valuation, and other components that impact a stock's long-term performance. It doesn't consider technical indicators like 50-day moving averages and oscillators.
American Express (AXP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Blue-chip stocks tend to carry less risk than micro-cap stocks. Investing in established corporations with vast moats and plenty of recognition can lead to steady gains in the long run.
In the most recent trading session, American Express (AXP) closed at $237.75, indicating a +1.38% shift from the previous trading day.
American Express (AXP) introduces a new rewards card, targeting young Australians with lucrative points on dining, retail and streaming services.
Stock picking might be challenging, with new investors often making mistakes in their selection. For those who want to play it safe and borrow some knowledge from the market legends, there is no better investor than Warren Buffett.
Credit card company American Express' unique rewards programs separate it from its competitors. VeriSign isn't a high-growth company.
The technology sector continues to be a cornerstone of the modern economy, driving growth and innovation across various industries. As we navigate through 2024, now is a great time for investors to consider the best tech stocks to buy.