Texas Instruments falls after the chip maker’s first-quarter earnings forecast misses estimates, Boeing declines after revealing it expects to post a wider fourth-quarter loss because of strikes at the aerospace giant,
American Express has agreed to pay more than $138 million to resolve a wire fraud investigation related to its sales and marketing practices.
The Justice Department said the company misrepresented its credit card rewards and fees and made false claims about the tax benefits of its wire transfer products.
BofA analyst Mihir Bhatia raised the firm’s price target on American Express (AXP) to $326 from $316 and keeps a Neutral rating on the shares.
The credit card lender and network introduced guidance for 2025 EPS of $15.00-$15.50 (midpoint $15.25), compared with the consensus estimate of $15.22 and $13.35 reported in 2024 (excluding notable items). It expects 2025 revenue growth of 8%-10% from 2024's $65.9B, implying $71.2B-$72.5B ($71.6B consensus).
Morgan Stanley raised the firm’s price target on American Express (AXP) to $310 from $305 and keeps an Equal Weight rating on the shares post
For a steep price, the original premium card gives you 5X points on certain flights and hotel stays, hundreds of dollars a year in credit for travel and shopping, and a suite of perks for high-end ...
In Trump’s first term, Meta quietly introduced a slew of Republican-friendly changes. But led by Joel Kaplan, the company is done playing both sides and is going all-in on MAGA.
On Friday, Mark Zuckerberg announced a $60-65 billion investment into Meta AI.
The pickup was especially fueled by millennials and Gen Z users, who spent more on experiences like travel and entertainment.
The Dow Jones fell Friday after inflation data. Amazon, Broadcom, Meta and Netflix are among the best stocks to buy and watch.
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