American Express (AXP) shares drop 2% after Q4 earnings miss estimates. Despite falling short, the company posted 9% transaction growth and announced a 16% dividend increase.
Financial stocks plunge as Trump proposes 10% credit card interest rate cap. Banks and card issuers face potential profitability concerns under new affordability measure.
American Express exceeds Q3 expectations with $421B in transactions as new $895 Platinum card doubles account acquisitions, proving premium credit card demand remains strong.
