American Express Sees Strong Spending Amid Market Volatility
American Express (AXP) CEO Stephen Squeri says the company’s spending is holding steady despite April’s stock market volatility. In the first quarter, Amex reported better-than-expected earnings and maintained its full-year guidance. This contrasts with warnings from JPMorgan CEO Jamie Dimon about a potential US recession due to Trump tariffs. Squeri attributes the stability to the … Read more