Why is American Express’s Shares Dipping in Premarket? Trump Threatens Interest Rate Caps
American Express shares fell in premarket trading after President Trump proposed a 10% cap on credit card interest rates.
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XLM$0.1911-3.05%
BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
American Express raised its quarterly dividend by 16% to $0.95 per share, signaling confidence in its earnings strength even as the stock remains down roughly 17% year-to-date.
American Express shares fell in premarket trading after President Trump proposed a 10% cap on credit card interest rates.
American Express delivered Q3 EPS of $4.14 and 11% revenue growth, exceeding expectations and raising guidance.
American Express (NYSE: AXP) reported a robust third-quarter performance, with a net income of $2.51 billion, or $3.49 per share.
American Express Company (NYSE: AXP) reported significant growth in Q2 EPS but revenue for the period was lower than expected.
American Express Company has shown impressive growth in revenue and earnings per share in the first quarter of 2024.
American Express reports Q4 2023 with strong results, achieving an EPS of $2.63, nearly meeting the $2.64 forecast.