luxury spending

1 articles
The Motley FoolThe Motley Fool··David Jagielski, Cpa

Amex Bets Affluent Cardholders Can Weather High Oil Prices

American Express reports strong Q1 2026 with 11% revenue growth, driven by luxury spending. CEO argues affluent customers are resilient to oil shocks despite 14% stock decline.
AXPWMToil pricesAmerican Express