EPISODE · Apr 29, 2020 · 43 MIN
04-28-20: American Express Quarterly Profit Plunged By 76%
from InvestTalk · host Hosts Justin Klein & Luke Guerrero, CFA | Wealth Managers and Investment Advisors
Credit card company American Express posted a 76% drop in first-quarter profit, and other card issuers must be ready for potential payer defaults.Today's Stocks & Topics: CCI - Crown Castle International Corp., AMT - American Tower REIT, UPS - United Parcel Service Inc. Cl B, HSY - Hershey Co., VCADX - Vanguard CA Intermediate-Term Tax-Exempt Fund Admiral, Refinancing, Pullback, BRKB - Berkshire Hathaway Inc. Cl B, PTI - Proteostasis Therapeutics Inc., New Investor.TRIVIA QUESTION: "In the current economic climate, almost every airline is at risk. Over the years we have had many airlines go bankrupt-- can you name a few of the biggest airline failures?"Our Sponsors:* Check out Anthropic and use my code Claude.ai/invest for a great deal: https://www.anthropic.com* Check out Chilipad and use my code sleep.me/INVEST for a great deal: https://sleep.me* Check out Plaud AI and use my code INVEST for a great deal: https://plaud.ai* Check out Progressive: https://www.progressive.com* Check out Quince and use my code quince.com/invest for a great deal: https://www.quince.com* Check out TaskRabbit and use my code INVEST for a great deal: https://taskrabbit.com* Check out TruDiagnostic and use my code INVEST20 for a great deal: https://www.trudiagnostic.comAdvertising Inquiries: https://redcircle.com/brands
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04-28-20: American Express Quarterly Profit Plunged By 76%
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