American Express Has Slumped: Is It a Bargain or a Red Flag?

Banco Santander S.A. Buys 5,428 Shares of American Express Company $AXP

Banco Santander S.A. boosted its stake in shares of American Express Company (NYSE:AXP – Free Report) by 27.3% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 25,323 shares of the payment services company’s stock after purchasing an additional 5,428 shares during the period. Banco Santander S.A.’s holdings in American Express were worth $8,411,000 as of its most recent filing with the SEC. Other inst…

Why American Express Stock Plummeted on Friday

Key PointsThere were renewed fears that AI could be extremely disruptive for traditional financial companies.One prominent business in the sector announced significant layoffs related to technology.10 stocks we like better than American Express › Deep personnel cuts at a peer financial services company raised concerns that American Express (NYSE: AXP) was vulnerable to disruption. Concerned investors sold out of the veteran credit card company a…

American Express Has Slumped: Is It a Bargain or a Red Flag?

Quick Read American Express (AXP) fell 15% YTD to around $315. The broader market is essentially flat for the same period. American Express net income grew 13% YoY. Full-year 2025 EPS rose 15% to $15.38. Luxury retail spending rose 15% and restaurant spending grew 9% for American Express in Q4. Finally! You can open a SoFi Crypto account and access 25 plus cryptocurrencies without juggling apps or logins. American Express (NYSE: AXP) has sli…

American Express stock price slides nearly 8% on hot inflation data, setting up a tense week for AXP holders

American Express shares fell 7.88% to $308.90 on Friday amid a broad selloff in financial stocks. The drop followed a higher-than-expected 0.5% rise in the U.S. Producer Price Index for January. The Dow lost 1.05%, S&P 500 dropped 0.43%, and Nasdaq slid 0.92%. Investors remain cautious ahead of next week’s U.S. jobs report and a delayed inflation reading. The post American Express stock price slides nearly 8% on hot inflation data, setting up a …

AXP Shares Plunge 8% as Block's AI-Driven Workforce Cuts Trigger Financial Sector Alarm

TLDR Block revealed plans to eliminate more than 4,000 positions (approximately 40% of staff), attributing the decision to AI capabilities The announcement triggered concerns about potential AI-driven disruption facing legacy financial institutions like American Express AXP shares plummeted nearly 8% during Friday’s trading session Significant put option volume indicated traders positioning for additional downside, with put-to-call ratio reachi…

Central Securities Corp Has $46.50 Million Stake in American Express Company $AXP

Central Securities Corp trimmed its position in shares of American Express Company (NYSE:AXP – Free Report) by 6.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 140,000 shares of the payment services company’s stock after selling 10,000 shares during the period. American […]