American Express Co. has outperformed profit expectations in the third quarter, with strong spending and positive credit metrics. The company recorded a net income of $2.45 billion, or $3.30 per share, compared to $1.88 billion, or $2.47 per share, in the same period last year. Analysts had predicted earnings of $2.95 per share, according to FactSet. Total revenues, excluding … [Read more...] about American Express Reports Strong Q3 Performance
Forex News
Oil Futures Rise Amidst Rising Tensions in the Middle East
The oil futures market experienced a boost on Friday, as prices continued to climb for the second consecutive week. This upward trend comes in the aftermath of the October 7th attack on Israel by Hamas, which ignited a war that now poses a substantial threat to the stability of the entire region. As tensions escalate, concerns over potential disruptions to the crude supply have … [Read more...] about Oil Futures Rise Amidst Rising Tensions in the Middle East
Tesla Inc. Shares Fall Below Key Chart Level
Shares of Tesla Inc. (TSLA) dropped 3.2% in morning trading on Friday, slipping below a significant chart level that suggests the start of a longer-term downtrend. The stock has experienced a 16.4% decline over a three-day losing streak, following the disappointing earnings report of the electric vehicle manufacturer. This current performance is set to become Tesla's worst … [Read more...] about Tesla Inc. Shares Fall Below Key Chart Level
Pfizer Introduces Penbraya: The First Five-in-One Meningococcal Vaccine
Pfizer Inc. has announced the approval of Penbraya, an innovative five-in-one vaccine by the U.S. Food and Drug Administration. This groundbreaking vaccine is designed to protect teenagers and young adults against meningococcal disease, a rare but potentially fatal illness that mostly affects babies and adolescents. Comprehensive Protection in a Single Shot Penbraya offers … [Read more...] about Pfizer Introduces Penbraya: The First Five-in-One Meningococcal Vaccine
U.S. Stocks Set to Rise as Tech Earnings Take the Stage
U.S. stocks are expected to see a boost on Monday as major technology companies gear up to release their earnings reports. The market is anticipating an active week, with nearly a third of S&P 500 companies scheduled to share their financial results. Oil Prices Take a Dip Crude oil futures experienced a slight decline, with West Texas Intermediate (WTI) falling by 0.3% to … [Read more...] about U.S. Stocks Set to Rise as Tech Earnings Take the Stage
