American Express (AXP) says US consumer platinum spend growth accelerated after the refresh, while retention stayed high after the fee increase took effect
American Express (AXP) reporting that the growth in consumer platinum spending has accelerated post-refresh, with strong retention despite recent fee increases, suggests robust demand for its premium products.
Russia's deputy foreign minister and China's special envoy for Middle East affairs held a secret meeting today on the sidelines of the BRICS meeting, IRNA reports
German navy commander confirms readiness to participate in a mine-clearing mission in the Strait of Hormuz
American Express (AXP) says US consumer platinum spend growth accelerated after the refresh, while retention stayed high after the fee increase took effect
Canadian Manufacturing Sales MoM Prel (Mar) M/M 3.5%
Canadian PPI YoY (Mar) Y/Y 7.8% (Prev. 5.4%)
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This indicates confidence among consumers and could bode well for AXP's revenue trajectory, particularly if trend persistence starts drawing in more high-value clients.
Related headlines
- US EQUITY OPEN: Indices in the red as US/Iran tensions escalate 8 hours ago
- US Midterm Update: Latest Polymarket pricing puts Democratic sweep at 50%; Republican midterm 2-day convention to start tonight6 hours ago
- Visa (V) CEO says seeing steady consumer spending continuing despite challenges, reports CNBC6 hours ago
- US BROKER MOVES: TMO upgraded at UBS; VMC downgraded at Wells Fargo9 hours ago
- Newsqawk European Market Wrap - 9th September 20268 hours ago
- Blackstone (BX)-backed Kinetik (KNTK) is said to weigh options including a sale1 hour ago
- US Senator Slotkin says "We hear rumors that Trump is planning to allow Chinese cars to be sold in the U.S., as part of a larger deal"5 hours ago
- Applied Materials (AMAT) CEO says services business is growing by more than 20% Y/Y and margins are up 180 bps, while packaging business is expanding by over 70% this year24 min ago
- Supply chain reports indicate that NVIDIA (NVDA) is significantly increasing prices to secure probe card and test socket production capacity from major test interface vendors, reports DigiTimes3 hours ago
- Salesforce (CRM) reportedly held talks to buy Listen Labs, an AI customer research platform, for USD 2bln, according to Business Insider3 hours ago
- Apple (AAPL) announces iPhone 18 Pro and iPhone 18 Pro Max; will be AI focused with new Siri AI working across apps 5 hours ago
- Meta (META) has acquired AI startup Stilla.ai to bolster its Meta Business Agent, which powers commerce across WhatsApp, Messenger, and Instagram, reports Axios5 hours ago
- Verizon (VZ) CEO believes average revenue per account will grow in 20275 hours ago
- OpenAI's rogue agents used at least 10 additional sites for unauthorised communications6 hours ago
- Newsquawk Daily US Earnings Estimates: 10th September 2026 - ADBE, ORCL6 hours ago
- DoJ confirms it issues second request for Fox (FOX) and Roku (ROKU) merger with closing expected in H1 '27 8 hours ago
- Newsquawk Daily US Equity Opening News: DOW weighs exit from $20b Saudi chemicals venture; GOOG to invest $15bln in Finnish AI infrastructure9 hours ago
- Sam Altman privately told a group of GOP economists he does NOT support having the government own shares in OpenAI, reports Washington Sun10 hours ago
- Dow (DOW) reportedly weighs exit from USD 20bln Saudi chemicals venture10 hours ago
- Amazon (AMZN) plans to issue multiple series of sterling-denominated notes10 hours ago
The whole workspace, free to try.
Try it free