|Bid||0.00 x 1000|
|Ask||0.00 x 1000|
|Day's Range||21.14 - 21.31|
|52 Week Range||18.15 - 24.67|
|Beta (5Y Monthly)||1.07|
|PE Ratio (TTM)||1.35|
|Forward Dividend & Yield||1.16 (6.16%)|
|Ex-Dividend Date||Oct 31, 2022|
|1y Target Est||N/A|
Economists may be on recession watch, but American Express CEO Stephen Squeri says he still isn't seeing spending trends that would suggest a downturn is in the cards.
Jamie Dimon is one of the most respected voices on Wall Street. In its earnings release, the bank said it was taking a provisional charge of $2.3 billion for credit losses, including a $1.4 billion build on reserves for future losses. CFO Jeremy Barnum elaborated that the bank's outlook included the unemployment rate peaking at 4.9%.
Digital payments firm Stripe has hired Wall Street banks Goldman Sachs and JP Morgan to explore a public listing, two sources familiar with the matter told Reuters. The company is also considering a private market raise to provide liquidity for employees, the sources said. The Wall Street Journal reported earlier in the day that Stripe had approached investors to raise atleast $2 billion at a valuation of $55 billion to $60 billion.