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Rich American Express customers continue to spend freely

American Express Customers Pay Up for Lounges and Dining Perks

Consumer spending on goods and services, which makes up 70% of American Express’s business, grew at a similar pace to the first quarter, Le Caillec said. Travel and entertainment, meanwhile, declined a bit from the prior quarter due to less spending on airline and lodging. Restaurant spending remained strong.

CNBC on MSN · 1d

Rich American Express customers continue to spend freely, with one exception

American Express said Friday that travel spending in the quarter was weaker than transactions for goods and services.

Investopedia on MSN · 1d

Americans Are Traveling Less—And Dining Out More, American Express Says

Key Takeaways Americans have been reducing their spending on travel, and increasing their outlays at restaurants, American Express said.This sort of "consumer selectivity" in how people splurge is common during economic uncertainty,

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Barron's on MSN · 1d

American Express Shares Drop as Earnings Beat, Record Revenue Fail to Impress

American Express reported record revenue for the second quarter on Friday as its typically affluent cardmembers boosted spending by 7% from a year earlier, even as consumers grapple with lingering inflation and uncertainty about the economy’s direction.

Investopedia on MSN · 2d

Record Credit Card Spending Helps American Express Top Revenue, Profit Estimates

"We saw record Card Member spending in the quarter, demand for our premium products was strong, and our credit performance remained best in class," American Express CEO Stephen Squeri said. The company affirmed its full-year projections of 8% to 10% revenue growth and EPS of $15 to $15.50, ranges it also held steady last quarter.

Seeking Alpha on MSN · 2d

American Express Q2 earnings rise on robust spending, healthy credit

American Express (AXP) stock gained 2.0% in Friday premarket trading after the credit card lender posted stronger-than-expected Q2 earnings as consumers continued to spend and credit quality remained strong.

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American Express Navigates Competitive Credit Card Market with Strategic Edge

American Express reassures investors amid increasing competition in the affluent customer market. With its strong history and ...

11 Lesser-Known Credit Card Tricks to Start Using Now

Credit cards sometimes get a bad rap for their high interest rates and fees, or for being the mechanism that gets some people ...

Amex Q2 Card Member Spending Hits Record, Card Fees Soar

American Express Co. (NYSE:AXP) reported fiscal second-quarter 2025 results on Friday, surpassing analyst estimates for both ...

American Express allays competition concerns after profit beat

American Express' top brass reassured investors concerned about intensifying competition for affluent customers after resilient spending by cardholders helped the company surpass second-quarter profit ...

Amex tops estimates as premium clients keep up card spending

American Express Co.’s billed business on its cards and other products outperformed expectations in the second quarter as its affluent customers continued to spend.

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Best Airline Credit Cards of July 2025 - CNBC

Airline credit cards are a great tool to earn miles. So if you're planning upcoming flights, earning rewards on one of these cards can help you save money.

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The best credit cards to add to your wallet

A look at some of the best credit cards according to Nick Ewen, one of TPG's longest-tenured staffers and current senior ...

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