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American Express is set to rebound thanks to strong demand for premium credit cards, says BMO

The bank initiated coverage of the credit card stock with an outperform rating.

Author Posted on October 9, 2026Categories Uncategorized

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Brett Maas welcomes you to his mixture of Business, Investing, and the latest news from his perspective.

MarketWatch: Stock Market News

‘I feel like a loser’: I check my ETFs every day. They’re up one minute, down the next. Should I be worried? October 9, 2026
“I presume these are sophisticated investors taking a profit.”
Quentin Fottrell
As AT&T, Verizon and T-Mobile shares fall, Wall Street assesses the growing SpaceX threat October 9, 2026
Telecommunications stocks were seeing their worst daily drops in over a decade.
Emily Bary
Microsoft is nearing a big milestone that solidifies its revival October 9, 2026
Microsoft is close to reclaiming a $4 trillion market cap — and fresh records are also in sight.
Hannah Pedone
Why you need to take a closer look at your favorite stock index October 9, 2026
Also in Weekend Reads: A positive case for the bond market, how prediction markets can pull you in, and a warning to those who benefit from GLP-1s.
Philip van Doorn
I’m a 68-year-old widow and give money to my two adult children. Am I putting my retirement at risk? October 9, 2026
“I also have $310,000 in an IRA and $46,000 in savings. My house is paid off.”
Quentin Fottrell
My brother-in-law convinced his parents to sign over their home and life savings to buy a $3 million compound. Do I intervene? October 9, 2026
“Both properties will be solely in his name.”
Quentin Fottrell
Trump ramps up battle to fire Fed’s Lisa Cook. Her lawyers say there’s no basis to remove her. October 9, 2026
Trump wants the committee to report on whether there are grounds for Cook’s removal from office. She hasn’t been charged with a crime.
Robert Schroeder
AI chip stocks wobble even as investors get clarity on a key OpenAI issue October 9, 2026
A new report paints OpenAI’s financial picture in a more optimistic light.
Britney Nguyen
More evidence that broad-market index funds remain unbeatable, even in the era of AI stock-picking October 9, 2026
Even with the rising use of AI, picking market-beating stocks has not become any easier this year, a new report finds.
Mark Hulbert
Elon Musk is now richer than any American ever — and it’s not even close October 9, 2026
Musk’s trillioniare status means he’s wealthier than his next three contemporaries combined — and also worth more than historical tycoons like John D. Rockefeller.
Christine Ji

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