By the Top Tier Newswire AI Desk · July 24, 2026 at 10:35 AM ET · reviewed against 8 wire stories
AMERICAN EXPRESS CO (AXP) is drawing unusual attention today. Our newswire has captured 8 stories on AXP across 5 sources in the last 36 hours, with AI sentiment reading bullish (avg 61/100).
American Express Co (NYSE:AXP) is moving lower by 6% in early trading on July 24, 2026, following a mixed earnings report. The stock opened with a modest 0.6% gap up but quickly reversed course after the company reported second-quarter earnings that beat expectations but fell short on revenue. The shares hit a session low of $318.67 and were last trading at $318.88 with volume already at 1.8 million shares, 60% above the 3-month average. The stock is trading near the lower end of its 52-week range of $288.34 to $387.49.
What Happened
American Express reported second-quarter 2026 earnings of $4.53 per share, exceeding the $4.40 estimate. However, revenue of $19.637 billion missed the $19.694 billion forecast. Despite the earnings beat, the revenue shortfall and a raised full-year revenue growth outlook without a corresponding profit revision led to a muted market reaction. The company also announced a narrowing of its full-year sales guidance to $79.452 billion, just below the $79.491 billion estimate. CEO Stephen Squeri highlighted strong consumer confidence and a 40% year-over-year increase in billed business, but the market opted to fade the report. The stock is also trading ahead of its July 24 earnings date.
What The Data Shows
The intraday session shows a sharp decline from the opening price of $343.00 to a low of $318.67, reflecting a rapid shift in sentiment. The stock has traded down 4.9% over the past eight sessions, from $359.66 to $342.14. The 52-week tape shows 14 fresh 52-week lows on the same day as the stock’s move. Unusual options activity included $524,000 in a single notable print, with total call premium at $1.3 million versus $282,000 in put premium. Recent insider transactions include a $2.4 million sale by Chief Partner Officer Glenda G. McNeal on June 15. Congressional trades show Rep. Ro Khanna sold between $1,001 and $15,000 on June 2, and Donald J. Trump made multiple purchases in late May.
What To Watch
American Express will report its second-quarter earnings on July 24, 2026. Traders and investors will be watching for clarity on the company’s ability to meet its revised revenue guidance and for further insight into consumer spending trends. Coverage breadth remains high, with 29 stories from 16 sources published in the last 36 hours.
AI-assisted analysis composed exclusively from headlines and data on the Top Tier newswire. Not financial advice.