$AXP

American Express relaunched its Cruise program as the Cruise & Yacht Collection, offering Platinum and Centurion members credits and rewards. The program, now exclusive to direct bookings, excludes travel advisors, sparking industry backlash. ASTA has launched a petition with nearly 6,000 signatures demanding a reversal, but Amex has not responded.

Albertsons Companies (ACI) and American Express (AXP) launched the Albertsons forU American Express Card, offering rewards on groceries, gas, dining, and more. The card is accepted at 2,200+ Albertsons stores and everywhere American Express is accepted. Benefits include 5% back on online and app purchases at Albertsons, 3% on in-store and pharmacy transactions, and 3% on gas, dining, and utilities.

American Express updated its Business Gold Card rewards. The 4X rate now applies to two highest-spending categories, capped at $150,000 per year. Advertising rewards are limited to direct purchases from specific platforms, and wireless rewards are restricted to direct payments to certain providers. According to the company, these changes aim to clarify eligible transactions.

American Express launched the Intelligence Framework to authenticate customer purchase intent. Visa Direct began commercial deployment of stablecoin capabilities. Mastercard and BVNK introduced a Global Money Platform for multi-currency accounts. Marqeta and Coinbase partnered to offer stablecoin-backed cards. PayPal integrated with Glance for AI-powered shopping. Ripple's RLUSD stablecoin will be integrated with Cross River Bank's system.

American Express (AXP) reports Q3 earnings on October 23. Analysts expect EPS of $4.58 and revenue of $20.12B. AXP stock is down 14% YTD due to economic concerns and higher expenses. Analysts have mixed views, with price targets ranging from $380 to $450. AXP has a Moderate Buy consensus on Wall Street.

American Express (AXP) expands its sports partnerships, adding the NFL, four teams, and stadiums to its portfolio. The move follows its 34-year history in sports, starting with tennis. The company aims to create personalized experiences for its members, with 80% of customers identifying as sports fans. The NFL partnership begins in the 2026 season, with activations at key events.

American Express (AXP) reported Q2 2026 revenue of $19.6B, up 10% YoY, with EPS of $4.53, up 11%. The company raised its full-year revenue growth forecast to 10%. AXP's dividend was increased by 16% in March 2026, with a forward yield of 1.21% and a payout ratio of 21.5%. The company's integrated model and premium approach drive its growth strategy.

American Express is changing its Membership Rewards program, separating points by card in India and defaulting to separate accounts for new U.S. cards. U.S. customers can still manually link accounts, but Indian customers cannot transfer points between cards. This shift may allow Amex to differentiate rewards by card type, potentially affecting redemption options and value.

American Express (AXP) is expected to report Q3 2026 earnings on Oct 23, with estimates at $4.47 EPS and $20.13B revenue, showing 8% and 9.3% YoY growth respectively. Full-year estimates predict 10% revenue growth and 14.8% EPS growth. The company's model doesn't conclusively predict a beat, with an Earnings ESP of -0.17%. Growth is anticipated in network volumes, discount revenues, and cards-in-force, but higher costs may limit upside.

Greg Abel, Warren Buffett's successor at Berkshire Hathaway, has over 45% of the $356B portfolio invested in Apple (21.6%), American Express (13.1%), and Alphabet (10.5%). Abel has increased Alphabet's stake significantly, appreciating its AI ambitions and search dominance. Apple remains a key holding despite Buffett's prior reductions, while American Express offers a high yield on cost.