American Express (AXP) Stock Price Drops After Strong Q3 Earnings

American Express came into this Q3 2026 print with its stock near record territory and a reputation as the premium spend machine in consumer finance. The headline this quarter is simple. Revenue reached about US$19.8b and basic earnings per share landed near US$5.52, yet the share price dropped 3.7% on the day to US$313.22. That gap between stronger profit power and a sliding share price is the real story. For investors, the focus is now on whether this latest leg of earnings strength...