$AXP

Berkshire Hathaway increased its Alphabet (Google parent) stake by 83% in Q2, according to an SEC filing. Berkshire held about 106 million Alphabet shares worth $37.8 billion as of June 30, up from about 57.8 million shares. The position became Berkshire’s third-largest equity holding. Berkshire also reported it turned net stock buyer in Q2.

Berkshire Hathaway increased its Alphabet stake 83% to about 106 million shares, worth nearly $38 billion at June 30, after agreeing to buy $10 billion of Alphabet stock in a June private placement and buying 19.6 million shares on the open market, according to a portfolio disclosure. Berkshire also bought net $20 billion of stocks in Q2.

Investing.com reports Berkshire Hathaway expanded its Alphabet stake in Q2, adding tens of millions of shares, lifting Class C to over 27 million and Class A to nearly 79 million, based on its latest 13F. It trimmed Bank of America by more than 30 million shares and reduced Capital One and Ally. Berkshire also added Delta and Macy’s, exited Constellation Brands, and increased Lennar and started DR Horton.

American Express said it is expanding its @Work platform to let corporate finance teams create and manage virtual cards within the same administrative interface, and it is adding a Conferma partnership to issue Amex virtual cards through the Conferma mobile app for eligible Business Travel Account holders. The rollout is staged for select U.S. customers. The company cites security and reconciliation benefits and references market growth projections.

American Express (AXP) said it expanded virtual card capabilities for U.S. commercial customers by deepening integration in its American Express @ Work platform. The rollout, developed with payments technology provider Conferma, adds virtual card features for a wider range of business expenses and aims to improve control, security, and flexibility for non-carded employees.

American Express said it is adding new capabilities to its virtual cards for US business customers. Amex Corporate clients can create, manage and use virtual cards on its @ Work platform. Amex Business Travel Account with Virtual Payments (BTA) users can do so via Conferma’s solutions. The update targets easier payments and spending control.

Expedia Group (EXPE) shares rose after its Q2 results, with revenue of $4.32B and adjusted profit of $5.76 per share, beating estimates. The company raised full-year revenue guidance to $16.05B-$16.22B and bookings to $129.5B-$130.8B. Jim Cramer also discussed American Express (AXP) amid the travel outlook.

American Express expanded its partnership with Conferma to let US American Express Business Travel Account (BTA) customers create and manage Amex virtual cards via the Conferma mobile app and add them to digital wallets for eligible on-the-go business travel purchases. The virtual cards offer adjustable limits, time limits, and approval workflows, aiming to reduce manual expense reporting and improve visibility.

American Express said U.S. corporate customers can now create, manage and use Amex Virtual Cards via its @ Work platform, with configurable limits, timeframes and merchant or country restrictions. It also expanded its Conferma partnership so eligible Business Travel Account customers can issue and manage virtual cards in Conferma’s app for purchases like meals, retail, car rentals and rideshares. The company cited improved spending control and visibility.

American Express (AXP) issued 1,600 shares of 6.450% Fixed Rate Reset Noncumulative Preferred Shares, Series E, via depositary shares, and filed NY amendments to set their terms. It plans to redeem Series D depositary shares and preferred shares on Sept. 15, 2026 at $1,000,000 per Series D share plus any unpaid dividends. AXP common shares were up about 14% Y/Y.