American Express Company (NYSE: AXP) reported fourth-quarter 2020 earnings results today.
Consolidated revenues, net of interest expense, declined 18% to $9.3 billion, The quarter primarily reflected declines in Card Member spending and the average discount rate compared to the prior year.
Net income dropped 15% to $1.4 billion, or $1.76 per share, compared to last year.
Total provisions for credit losses came down to negative $111 million from $1.02 billion last year.
Nvidia Corporation (NASDAQ: NVDA) Wednesday said its fourth-quarter revenues and profit increased in double-digits amid elevated demand. The results also topped the Street view, driving the stock higher during the
Nutanix (NASDAQ: NTNX) reported second quarter 2021 earnings results today. Total revenue remained flat at $346.4 million compared to the same period a year ago. GAAP net loss was $287.3
Shares of Macy’s Inc. (NYSE: M) were down 2.7% in morning trade on Wednesday. The stock has gained 37% since the beginning of the year. A day ago, the retailer