Card and Personal Loan Originations at Record High as Delinquencies Rise
A TransUnion report indicates record high originations for credit cards and unsecured personal loans, driven by increased lending to below-prime consumers. While borrower-level delinquencies are rising, balance-level delinquencies are falling due to lenders implementing risk controls like smaller credit lines and loan amounts. This trend suggests more, smaller accounts for the receivables management industry.
Fanatics Amex Card: Everything we know so far
Fanatics is launching a new American Express Card designed specifically for sports fans, offering rewards in FanCash across the Fanatics ecosystem. Cardmembers will earn up to 5% FanCash back on Fanatics purchases and 2% on everything else, with opportunities to stack rewards for up to 8% or more when using the Fanatics App. The card will have no annual fee, offer bonus FanCash for new members, provide early access to select Topps releases, and include elevated Fanatics ONE Member Pro status, along with a unique "Championship Challenge" perk that could award up to $100,000 back on annual spending.
Amex and Marriott Bonvoy Launch No-Fee Card in Canada
American Express Canada and Marriott Bonvoy are introducing a new no-annual-fee Marriott Bonvoy Bright American Express Card, launching on February 9, 2027, to broaden their offerings in Canada. Simultaneously, the two existing co-branded cards (personal and business) will be upgraded to include complimentary Marriott Bonvoy Gold Elite status. These changes aim to provide more options for Canadian travelers, from occasional users to frequent Marriott guests, by enhancing benefits and introducing a no-fee entry point into the loyalty program.
American Express reverses course on Membership Rewards points clawback
American Express has reversed its decision to claw back Membership Rewards points from customers, promising to restore deducted points within a week. The initial deductions on November 9, 2026, were attributed to a technical issue that allowed points from cancelled cards to remain available beyond the 30-day redemption period, leading to significant customer backlash. While the reversal is a win for customers, Amex still faces questions about its original accounting and the future transparency of its Membership Rewards program, especially with new changes to separate points balances for multiple cards coming into effect on November 15, 2026.
Best American Express card combinations to maximize rewards
This article explores the best American Express card combinations to maximize rewards for different spending habits. It highlights three pairings: the Amex Platinum and Amex Gold for frequent travelers who dine out, the Blue Business Plus and Amex Gold for everyday rewards, and the Business Gold and Blue Business Plus for optimizing business expenses. Each combination allows users to pool Membership Rewards points for flexible travel redemptions, emphasizing the importance of choosing cards that complement individual spending and reward goals.
American Express and Marriott Bonvoy® Expand Canadian Card Portfolio with New No-Annual-Fee Card and Enhanced Benefits
American Express and Marriott Bonvoy are expanding their co-brand credit card portfolio in Canada with the introduction of the new Marriott Bonvoy Bright™ American Express® Card, a no-annual-fee option launching on February 9, 2027. This new card will complement the existing Marriott Bonvoy® American Express® and Marriott Bonvoy® Business American Express® Cards, both of which will be enhanced to offer complimentary Marriott Bonvoy Gold Elite Status. The expanded three-card lineup aims to provide Canadian consumers and small business owners with more choices and value to earn points for travel and experiences.
RIL, HDFC Bank, Axis, Kotak Bank, VBL and Sona BLW shares among plays on FPI reversal -
Jefferies has identified several Indian large-cap stocks, including Reliance Industries, HDFC Bank, Axis Bank, and Kotak Mahindra Bank, as potential beneficiaries of a reversal in Foreign Portfolio Investor (FPI) flows. The global investment bank notes that Indian large-cap valuations have become more reasonable, with the Nifty 100 trading below its 10-year average P/E, and FPI ownership in BSE 500 stocks has fallen to a 10-year low. Factors like a moderation in the concentrated AI trade, potential easing of geopolitical tensions, and supportive domestic macro indicators could attract FPIs back to India.
Roban Banco en Chile a Través de un Agujero; Saquearon 3 mil Millones de Pesos
In Concepción, Chile, at least five individuals executed an unusual bank robbery by creating a hole to gain entry. They reportedly stole 3 billion pesos using heavy-duty tools. As of now, no arrests have been made in connection with the incident.
On demonitisation anniversary, American Express India wipes out Membership Rewards points from customer accounts.
American Express India has retroactively removed Membership Rewards points from customer accounts, claiming they were attributable to previously canceled cards. This move, affecting customers who continued to hold other Amex cards, has caused confusion and anger as many believed their pooled points were available for redemption. The company states a technical issue allowed these points to remain visible beyond a 30-day redemption period, but customers argue the system itself made it impossible to track points by individual card.
What Bread Financial Doubters Got Wrong
Bread Financial Holdings (NYSE:BFH) has delivered a 55.9% return over the past year despite previous concerns about tighter credit and mixed profit trends. While Q3 2026 results showed revenue growth and new partnerships supporting the bullish case, declining net income and net margin also gave backing to the cautious view. The current share price of US$98.61 suggests that investors are assuming the company can maintain earnings resilience amidst evolving loan mixes and increased spending, which conflicts with a bearish analyst narrative on Simply Wall St.
What Bank of Montreal (TSX:BMO)'s AI Service Rollout Means For Shareholders
Bank of Montreal (BMO) recently launched an AI Agent Assist service for its contact center, aiming to reduce credit card transaction call resolution times and automate refunds. This initiative aligns with BMO's strategy to translate AI investments into efficiency and revenue gains by 2030, reinforcing its existing investment narrative focused on AI-driven efficiency. While analysts expect significant revenue and earnings growth for BMO by 2029, this AI rollout is seen as incremental rather than a thesis-changing event, with its impact on operating leverage and overall financial results yet to be fully realized.
Fanatics New Amex Card Generates FanCash That Can Be Used for Bets
Fanatics has partnered with American Express to launch a new credit card that allows cardholders to earn "FanCash," the company's loyalty currency. This FanCash can be redeemed for various Fanatics merchandise, collectibles, event tickets, and notably, for sports wagers on the Fanatics Sportsbook app. The card offers different FanCash earning rates for purchases and provides initial bonuses for new cardholders, alongside a new integration with the Amex Membership Rewards program.
Jess Ling named CMO of American Express
Jess Ling has been appointed Chief Marketing Officer of American Express, effective November 30th, succeeding Elizabeth Rutledge who is retiring in March. Ling, previously EVP of global brand advertising, has been with American Express for over seven years, where she is recognized for optimizing media investments and building the company's in-house creative agency. She will work closely with Rutledge during the transition period.
Synchrony: Holiday shoppers stick with brands they know, trust; rewards use up
A Synchrony survey reveals that 83% of holiday shoppers plan to frequent retailers they already know and trust, with 66% intending to utilize retailer rewards, a 13-point increase from 2025. Consumers are also actively seeking financing deals and store card discounts, expecting to spend an average of $1,034 on gifts. Big box retailers and online marketplaces are top shopping destinations, while gift cards, clothing, and electronics are the most popular gift categories.
You Can Now Transfer Amex Membership Rewards Points to Fanatics for Sports Gear
American Express has launched Fanatics as its first nontravel transfer partner for Membership Rewards points, allowing members to convert points to FanCash. The transfer ratio is 1,000 Amex points to 10 FanCash, providing a 1-cent per point valuation. While this offers fair value and an easy redemption option for sports gear, other Amex travel partners may yield higher value redemptions for flights and hotels.
American Express Co. stock rises Monday, still underperforms market
Shares of American Express Co. (AXP) rose 1.03% on Monday, closing at $324.31. Despite the gain, the stock underperformed the broader market, as the S&P 500 Index and Dow Jones Industrial Average both saw larger increases. This rise ended a two-day losing streak for American Express Co.
Rewards Will Factor into Holiday Shopping Payment Choices
A new Synchrony survey indicates that consumers will heavily prioritize discounts and rewards when making holiday shopping payment choices this season. The survey found significant increases in the number of consumers planning to use retailer rewards and specific credit cards for points or cash back, as well as those seeking deals to split payments and apply for store cards with first-purchase discounts. This emphasis on cost-saving highlights the importance of merchants offering multiple payment options and compelling offers.
More than 500 million monthly views come from Veloce's racing and gaming channels.
SEGG Media (Nasdaq: SEGG) reported a significant revenue increase of 1,584% year-over-year in Q2 2026, reaching $3.2 million, primarily due to the consolidation of Veloce Media Group. Veloce, acquired by SEGG Media on February 17, 2026, generates revenue through brand partnerships, content production, esports services, and a media network that attracts over 500 million monthly views. The company's diverse revenue streams and partnerships, including Quadrant with Lando Norris, are key drivers of this growth.
Veloce Brand, Agency, Esports Partnerships and Quadrant Drive SEGG Media Q2 1,584% Revenue Increase
SEGG Media (Nasdaq: SEGG) announced a 1,584% increase in second-quarter 2026 revenue, reaching $3.2 million, primarily driven by the consolidation of Veloce Media Group, acquired on February 17, 2026. Veloce's diverse revenue streams include brand partnerships, content production, creator campaigns, and esports services, further enhanced by Quadrant's commercial collaborations with Revolut, Shopify, and That Prize Guy. The company's media network generates over 500 million monthly views, contributing significantly to advertising revenue and overall commercial offerings.
Can American Express Turn Premium Card Growth Into Higher Profits?
American Express (AXP) is experiencing strong demand for its premium cards, leading to a 17% rise in net card fees in Q3. However, this growth is accompanied by increased expenses for card member services, rewards, and marketing, which could potentially erode profits. The company aims to moderate these variable customer engagement expenses in the fourth quarter to improve operating leverage and sustain profitability.
Fanatics, American Express debut credit card featuring sports stars
Fanatics and American Express have launched a co-branded credit card designed to reward sports fans. The card allows fans to choose a design featuring one of over 500 athletes and earns FanCash on purchases, which can be redeemed for merchandise, tickets, and event access. Cardmembers also receive exclusive benefits like early access to Topps drops and Fanatics Fest.
Fanatics Unveils the Fanatics American Express® Card with 500+ Athlete Trading Card Designs and Rewards Built for Sports Fans
Fanatics and American Express have partnered to launch a co-branded credit card, the Fanatics American Express® Card, which will feature over 500 athlete trading card designs. The card is designed with rewards tailored for sports fans, offering FanCash. A waitlist for the card is currently open, with invitations to be extended later this year.
Fanatics Unveils the Fanatics American Express® Card with 500+ Athlete Trading Card Designs and Rewards Built for Sports Fans
Fanatics and American Express have launched a new co-branded credit card, the Fanatics American Express Card, featuring over 500 athlete trading card designs. The card offers FanCash rewards on Fanatics purchases and everyday spending, and introduces Fanatics as the first sports transfer partner for American Express Membership Rewards points. Fans in the U.S. can join a waitlist, with invitations to apply later this year.
Can American Express Turn Premium Card Growth Into Higher Profits?
American Express is experiencing significant growth in its premium card sector, with net card fees rising 17% year-over-year. However, this growth is accompanied by increased expenses in Card Member Services, Rewards, and marketing, which could potentially erode profitability. The company expects these variable customer engagement expenses to moderate in the fourth quarter, which could improve operating leverage and support longer-term earnings growth.
Fanatics and American Express Unveil Over 500 Trading Card-Inspired Designs
Fanatics has partnered with American Express to launch the Fanatics American Express Card, offering over 500 credit card designs inspired by Topps trading cards and featuring athletes from the NBA, NFL, UFC, and WWE. Cardholders can earn FanCash on purchases, which can be redeemed for merchandise, trading cards, and event access. New York Knicks star Karl-Anthony Towns is promoting the card, highlighting its benefits like earning up to eight percent FanCash and exclusive access for fans and collectors.
Fanatics Unveils the Fanatics American Express® Card with 500+ Athlete Trading Card Designs and Rewards Built for Sports Fans
Fanatics has launched the Fanatics American Express® Card, offering sports fans unique benefits and rewards. The credit card features over 500 athlete trading card designs from NBA, NFL, UFC, and WWE, and allows cardmembers to earn FanCash on purchases across the Fanatics ecosystem, which can be redeemed for merchandise, tickets, and collectibles. Additionally, cardmembers receive exclusive perks like early access to select Topps drops and American Express Network benefits.
Fanatics, American Express collaborate on new credit card
Fanatics and American Express have launched the Fanatics American Express Card, a new credit card with a design inspired by Topps trading cards. Cardmembers can choose a player from a roster of over 500 NBA, NFL, UFC, and WWE athletes and earn FanCash on purchases, which can be redeemed for various fan experiences and merchandise. The card also offers exclusive benefits like early access to Topps drops and American Express Network experiences.
Fanatics and American Express Launch Trading Card-Inspired Credit Card
Fanatics and American Express have introduced a co-branded credit card that integrates Fanatics' "FanCash" rewards program and allows users to personalize the card face with Topps-inspired designs of over 500 athletes. The card offers trading card collectors early access to Topps product releases and VIP benefits at Fanatics Fest events. Additionally, it includes a "Championship Challenge" promotion with potential $100,000 statement credits and allows eligible Amex cardholders to transfer Membership Rewards points to FanCash.
Amex Goes After a Sports-Mad Crowd With Fanatics Credit Card
American Express is partnering with Fanatics to launch a co-branded credit card targeting sports enthusiasts. Cardholders will earn "FanCash," a loyalty currency redeemable for sports merchandise and on Fanatics' sports betting and prediction platforms. NBA star Karl-Anthony Towns will be featured in the advertising campaign for the new card.
Dan Schulman: From PayPal CEO to Verizon CEO
Dan Schulman, former President and CEO of PayPal, led the company's transformation from an eBay subsidiary into a major fintech platform. Known for his values-driven leadership and commitment to financial inclusion, he achieved significant growth across multiple companies, including Priceline and Virgin Mobile USA. In October 2025, Schulman was appointed CEO of Verizon Communications, marking a return to the telecommunications industry where he began his career.
ETFs Are Net Sellers of American Express (AXP) on Nov. 5
ETFs were net sellers of American Express (AXP) on November 5, with a net $60.8 million sold, snapping a one-day buying streak. Although 33 ETFs bought shares compared to 17 selling, the selling ETFs moved larger amounts, particularly DIA, XLF, and SPY. American Express, a globally integrated payments company, saw its shares down 12.26% year-to-date and trades at a P/E of 18.08 with a market cap of $215.2 billion.
This Warren Buffett Dividend Stock Is the One I'd Buy With $1,000 in November
The article recommends American Express (NYSE: AXP) as a strong dividend stock for investors with $1,000, citing its iconic brand, loyal affluent customer base, and consistent revenue and earnings growth. It highlights the company's membership-based business model, prudent dividend increases, and an attractive valuation compared to the S&P 500. While acknowledging the risk of economic downturns, the author believes Amex is an ideal long-term investment for compound growth and steady dividend reinvestment.
Amex chief legal officer Laureen Seeger sells $22.9M in stock
American Express Co's Chief Legal Officer, Laureen Seeger, sold 69,860 shares of company stock for approximately $22.9 million on November 2, 2026, while concurrently acquiring the same number of shares through employee stock options for $10.37 million. These transactions followed the vesting of performance stock options. Following these activities, Seeger directly holds over 9,000 shares of American Express stock.
Berkshire stock is a haven again as investors flee AI rout while its own portfolio takes a hit
Berkshire Hathaway's Class B stock has outperformed the S&P 500 this year, with investors seeking refuge from the AI tech sell-off. This marks a return to its role as a haven asset, even as Berkshire's own investment gains dropped 46% in the third quarter. CEO Greg Abel has continued to draw down the company's cash pile and accelerate stock repurchases, while focusing on traditional businesses and making a significant acquisition in the home-building sector.
Kestra Advisory Services LLC Buys 21,738 Shares of American Express Company $AXP
Kestra Advisory Services LLC increased its stake in American Express Company by 26.5% in the third quarter, acquiring an additional 21,738 shares, bringing its total holdings to 103,646 shares valued at $31.5 million. The company reported strong quarterly earnings, beating analyst expectations with an EPS of $4.68 and an 8.9% year-over-year revenue increase. Despite insider share sales by CEO Stephen Squeri and other executives, analysts maintain a "Moderate Buy" consensus rating with an average price target of $365.22.
American Express’s CEO Sold $99 Million of Stock the Day Before the Crash
American Express (AXP) CEO Stephen Squeri sold $99 million of exercised stock options on November 4, 2026, one day before a significant tech-led market selloff that saw the Nasdaq Composite lose $2.5 trillion. While the timing appears problematic, AXP shares traded higher on November 5 than Squeri's average sale price, mitigating the appearance of a perfectly timed exit. This sale is also part of a pattern for Squeri, who made similar large-scale sales in 2022 and 2024.
Commonwealth Equity Services LLC Sells 12,348 Shares of American Express Company $AXP
Commonwealth Equity Services LLC reduced its stake in American Express Company by 4.4% in the third quarter, selling 12,348 shares but still retaining 269,034 shares valued at $81.8 million. Despite this, American Express reported strong quarterly EPS of $4.68, exceeding analyst expectations, and projected FY 2026 EPS guidance between $17.60 and $17.90. The article also notes significant insider selling and provides a "Moderate Buy" consensus rating from analysts with an average price target of $365.22.
Berkshire's Cash Pile Shrinks as Abel Keeps Spending
Berkshire Hathaway's cash and Treasury bills decreased to $352.3 billion by September 30, 2026, driven by a $6.8 billion acquisition of home builder Taylor Morrison and $9.6 billion in stock buybacks during Q3 2026. This marks Greg Abel's first year as CEO, showing a shift towards deploying capital through acquisitions and share repurchases, while the company's insurance underwriting profits, particularly from GEICO, have declined due to falling average premiums and rising claims costs.
Berkshire Hathaway more than doubles buybacks in third quarter as earnings decline
Berkshire Hathaway significantly increased its share buybacks in the third quarter of 2026, repurchasing $9.6 billion of its stock, more than double the previous quarter's amount. This acceleration occurred as the conglomerate's operating earnings declined by 5.8% to $12.705 billion, primarily due to a pullback in its insurance underwriting and investment income. Despite the drop in earnings, Berkshire's stock has recently outperformed the broader market, with Class A shares up over 12% in the past month.
American Express Has Cut Its Share Count by 27% Since 2016. Here's What That Did for the Stock.
American Express has significantly reduced its outstanding share count by 26.8% since Q3 2016, leading to a 352% increase in diluted EPS over the past decade. This capital allocation strategy, combined with the company's strong brand and network effect, has propelled a 471% total return for the stock. The article suggests that while share buybacks are beneficial, American Express's fundamental quality and reasonable valuation at a forward P/E of 16.2 make it a worthwhile consideration for investors.
Wells Fargo announces more layoffs as workforce shrinks by over 10,000
Wells Fargo is continuing to reduce its workforce, with the latest announcements detailing 173 job cuts in Iowa and Virginia, bringing the total reduction to over 10,000 employees in the first nine months of 2026. These layoffs are part of a broader industry trend among major financial institutions to streamline operations, exit less profitable ventures, and invest in technology, including AI, despite many reporting strong earnings. Other major banks like American Express, Truist, Citigroup, and Morgan Stanley have also implemented significant workforce reductions.
Amex offers personalized Business Platinum bonuses up to 300,000 points
American Express is offering personalized welcome bonuses of up to 300,000 points for eligible Business Platinum card applicants, requiring a $20,000 spend within three months. This record-high offer is valued at up to $6,000, significantly offsetting the card's $895 annual fee. Applicants should consider the card's "one-time-per-card lifetime rule" when deciding to apply, weighing the current offer against potential future benefits.
American Express Co. stock underperforms Friday when compared to competitors
Shares of American Express Co. (AXP) fell 1.22% on Friday, underperforming both the S&P 500 Index (SPX), which rose, and the Dow Jones Industrial Average (DJIA), which declined. This marks the second consecutive day of losses for the stock.
News | Host Hotels & Resorts CEO 'bullish' on 2027
Host Hotels & Resorts CEO Jim Risoleo is optimistic about 2027, citing muted new hotel supply, strong group booking pace, and continued growth in business and leisure travel. The REIT recently acquired two high-end properties, the Renaissance Dallas Plano Legacy West Hotel and the 1 Hotel Brooklyn Bridge, and is actively evaluating other potential deals. The company reported improved performance in 2026, with revenue per available room growth exceeding expectations, driven by a healthy return of business transient demand.
Airbnb surges 12% driven by revenue dynamic at 3-year high
Airbnb shares surged 12% following robust Q3 2026 results, driven by the fastest revenue growth in over three years and broad-based demand across all operating regions, including mature North American markets. The company reported a 19% year-over-year revenue increase to $4.9 billion and a 21% rise in Gross Booking Value (GBV) to $27.7 billion, alongside increased leveraging of AI to reduce customer support costs and enhance efficiency. Airbnb also raised its full-year guidance and authorized a new share repurchase program of up to $12 billion, signaling strong management confidence.
AIRBNB INC-CLASS A (ABNB.VI) Q3 FY2026 earnings call transcript
Airbnb reported its fastest revenue growth in over three years for Q3 FY2026, with revenue up 19% year-over-year to $4.9 billion and net income of $1.9 billion, both exceeding guidance. The company raised its full-year 2026 outlook for revenue and adjusted EBITDA margin, attributing the success to accelerating global demand, AI-driven operational efficiencies, and expanding new business lines like hotels and services. CEO Brian Chesky emphasized the company's return to growth mode, driven by foundational technology rebuilding and strategic application of AI across product development and customer support.
Airbnb vs. Target: Which Iconic Consumer Stock Is a Better Buy for 2027?
This article compares Airbnb and Target as investment opportunities for 2027, analyzing their business models, financial performance, risk profiles, and valuations. Airbnb, an asset-light travel platform, boasts strong growth and profitability despite regulatory risks. Target, a legacy retailer, is undergoing a turnaround strategy focusing on "cheap chic" and strategic partnerships, presenting a value play for long-term investors.
Airbnb Q3 2026 financial results
Airbnb reported its Q3 2026 financial results, showcasing its fastest revenue growth in over three years, with a 19% year-over-year increase to $4.9 billion. The company also announced a new $12 billion stock repurchase authorization and highlighted innovations in AI, product features, and new services like hotels and partnerships. Airbnb also detailed a new initiative to donate a portion of revenue from every stay to Airbnb.org, aiming to provide $500 million over five years for crisis housing.
As High as 125K SkyMiles With Delta's Amex Business Cards
Delta and American Express are currently offering welcome bonuses as high as 125,000 SkyMiles on their co-branded business credit cards. The article details the offers for the Delta SkyMiles Gold Business, Platinum Business, and Reserve Business American Express Cards, outlining their respective welcome bonuses, annual fees, and key benefits for frequent Delta travelers. Each card provides different perks, ranging from free checked bags and priority boarding to Sky Club access and Medallion Qualifying Dollar boosts.
American Express Drops 3.5%, Shedding About $8 Billion in One Session
American Express (AXP) stock dropped 3.5% in a single session on November 5, 2026, shedding approximately $8 billion from its market value. This significant decline, unusual for a blue-chip company of its size, occurred rapidly after market open and remained largely uncontrolled by sellers throughout the day. The drop places American Express in a weaker technical position, impacting both traders and long-term investors.
