Most borrowers are unsurprisingly more likely to fall behind on payments and become delinquent, especially those in the Gen Z age bracket.
American Express (NYSE:AXP) has outperformed the market over the past 20 years by 1.14% on an annualized basis producing an average annual return of 9.36%. Currently, American Express has a market capitalization of $121.45 billion.
Payment processors have agreed to adopt a merchant code approved by the International Organization for Standardization (ISO) for identifying arms purchases, Reuters reported.
A whale with a lot of money to spend has taken a noticeably bearish stance on American Express. Looking at options history for American Express (NYSE:AXP) we detected 16 strange trades.
U.S. indices rallied into Monday's close as stocks recovered following Friday's weakness. Federal Reserve rate hike concerns, the Russia-Ukraine conflict, China COVID cases and earnings have pressured markets in recent sessions. The ISM manufacturing PMI dropped for a second straight month to 55.4 in April from 57.1 in March. Analysts were expecting a reading of 57.6.
American Express (NYSE:AXP) has outperformed the market over the past 5 years by 5.38% on an annualized basis producing an average annual return of 16.74%. Currently, American Express has a market capitalization of $127.87 billion.
Gold futures traded lower by around 2.5% on Monday. Investors, meanwhile, focused on some notable insider trades.