American Express’ stock tumbled over six percent after Q2 earnings, despite strong revenue and profit growth—investors fretted over a 12 percent spike in expenses, now at $14.5 billion, with CFO signaling higher spending will persist through 2026. Much of the cost surge fuels aggressive marketing to lure millennials and Gen Z, the company’s fastest-growing customer segment—but at a steep price. Analysts are now rethinking their bets as Amex balances explosive growth with ballooning costs.
Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.
Advertise on DNN: advertise@thednn.ai
This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai.
Podden och tillhörande omslagsbild på den här sidan tillhör
The Daily News Now!. Innehållet i podden är skapat av The Daily News Now! och inte av,
eller tillsammans med, Poddtoppen.
