American Express CEO on blowout earnings, travel and $4 gas prices

Don't forget Amex raised the annual fee on its iconic Platinum card to $895 on Sept. 23, 2025, up $200. The company will likely feel that price benefit over the next few quarters. American Express (AXP) stock fell at the open, even as results beat across the board. But considering US households were hit over the head with $4 per gallon gas in the quarter, one could appreciate the resiliency of the card giant's business. "I think the impressive statistic ... I would focus on is 18% growth in retail luxury sp ...

American Express CEO on blowout earnings, travel and $4 gas prices - Reportify