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American Express climbs on Q3 beat
Youtube· 2025-10-18 00:44
Welcome back. Increased card spending helped drive a profit surge for American Express. CNBC's Hugh Son following that this morning.Hugh, looked like a good quarter. >> Yeah, that's right, Sarah. So, American Express out this morning with a beat on the top and bottom lines, fueled by a jump in their spending by affluent customers.So, total spending on MX cars rose 8.5% to 421 billion in the third quarter, which is a pick up from the 6.5% growth rate of the second quarter. MX CFO Kristoff Layak telling me to ...