American Express company

What Cramer Watches Tuesday – Walmart Wreckage, Dow Stock Dividends, Major Media Cuts

What I’m looking forward to on July 26, 2022, the club that holds Walmart (WMT) has canceled the apparel yet again, announcing a huge earnings warning after the closing bell on Monday. You should ask does Walmart have a handle on things? A long trusting name, is it time to let go of these guys? …

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What Cramer Watches Monday – Surprise Cuts, Chip Stocks Reset, Financials Slip

What I’m looking forward to on July 25, 2022 I’m still downgrading Snap (SNAP), this time Wolfe Research and Morgan Stanley. How could they be wrong? Does Winner Take All, Loser Take Nothing, vs. Alphabet’s (GOOGL) Google and Facebook Meta Platforms (META)? SNAP is down 2% in the primary market after falling 39% on Friday. …

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American Express earnings reveal rebound in corporate travel

Travel and leisure spending rebounded in the second quarter, and it wasn’t consumers who were making the purchases, according to the latest results from American Express. The company said consumer spending in this category exceeded pre-Covid levels for the first time in April. It should be noted that there has also been a significant rise …

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American Express, Verizon, Twitter, and more

Check out the companies making headlines before the bell: American Express (AXP) – American Express stock rose 4.5% in premarket after beating the highest and lowest estimates for the second quarter. Cardmembers posted record spending, driven by a resurgence in travel and entertainment. Verizon (VZ) — Verizon stock fell 4.4% in the primary market after …

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