American Express (AXP) launches new graphite business cash unlimited card; graphite business card will have annual fee of USD 295

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American Express (AXP) launches new graphite business cash unlimited card; graphite business card will have annual fee of USD 295

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Context

American Express is expanding its portfolio with a new graphite business cash unlimited card, reflecting a strategic move to enhance its offerings for businesses. The introduction of AI-powered capabilities and products, along with the substantial annual fee, suggests a focus on premium services and potentially higher revenue streams, which could influence investor sentiment positively in the consumer finance sector.

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