What 4 top execs leading more than $400 billion in market cap think about inflation
Has inflation really peaked? The C-suite weighs in.
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Has inflation really peaked? The C-suite weighs in.
Operator: Ladies and gentlemen, thank you for standing by. Welcome to the American Express Q2 2023 Earnings Call. At this time, all participants are in a listen-only mode.
Services are the main benefiters of consumer spending this summer as weakness in goods grows, highlighting the need for continued caution.
Amex has ridden strong growth in millennial spending lately, but one analyst worries the company's exposure to younger customers will come back to bite it.
Travel and entertainment (T&E) spending by card company American Express’ international corporate customers increased by 19 per cent year-on-year in the second quarter of 2023 as spending outside the US picked up pace.