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NASDAQ:AXP 16 January 2026

Why American Express (AXP) stock is climbing today after fresh credit data

Why American Express (AXP) stock is climbing today after fresh credit data

American Express shares rose about 3% to $367.96 Friday after a regulatory filing showed U.S. consumer delinquencies dipped to 1.3% in December. Small business delinquencies edged up to 1.7%, while net write-offs held steady. The update comes ahead of the company’s quarterly earnings report later this month. Investors remain alert to possible U.S. action on credit card interest rates.
16 January 2026
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Stock Market Today

  • SpaceX IPO Could Make It a Top Holding in Vanguard Communication ETF by July
    June 6, 2026, 4:39 AM EDT. SpaceX plans a historic IPO potentially raising $75 billion with a $1.8 trillion valuation. While it may not rank among the top holdings in major growth ETFs like Vanguard Growth, SpaceX could rapidly become a top-three holding in Vanguard's Communication Services ETF, which focuses on companies generating primary revenue from communications. SpaceX's communications business centers on Starlink, its satellite broadband network, aligning it with the communications sector under the Global Industry Classification Standard (GICS). Starlink's rapid expansion and SpaceX's ownership of X (formerly Twitter) further reinforce this classification. The IPO and subsequent index inclusion could significantly disrupt market capitalizations and ETF compositions by mid-2024.

Latest articles

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 06.06.2026

6 June 2026
LIVEMarkets rolling coverageStarted: June 6, 2026, 4:00 AM EDTUpdated: June 6, 2026, 4:40 AM EDT Paladin Energy Joins S&P/ASX 100 in June 2026 Index Rebalance June 6, 2026, 4:40 AM EDT. S&P Dow Jones Indices announced the June 2026 rebalance, with Paladin Energy Limited entering the S&P/ASX 100 and ALS Limited joining the S&P/ASX 50. Metcash and Pro Medicus are removed from the indices. The S&P/ASX 200 gains new resource and tech stocks, while several consumer, education, and tech firms are dropped. The S&P/ASX All Technology Index will exclude Acusensus, EROAD, and FINEOS. These changes, effective June 22, reflect adjustments
Rigetti Stock Drops After Quantum Surge Stalls on Wall Street Rate Jolt

Rigetti Stock Drops After Quantum Surge Stalls on Wall Street Rate Jolt

6 June 2026
Rigetti Computing plunged 14.5% to $20.68 as tech stocks tumbled after strong May payrolls fueled fears of prolonged high U.S. rates, pressuring long-duration names; the selloff highlights risks tied to government funding, potential equity dilution, and uncertain commercial milestones, with Rigetti posting a $26 million Q1 operating loss and $4.4 million revenue despite recent product and funding announcements.
POET Technologies Stock Drops Sharply as Investors Watch

POET Technologies Stock Drops Sharply as Investors Watch

6 June 2026
POET Technologies plunged 23% to $11.86 amid a semiconductor selloff, as investors weighed execution risks after a $400 million capital raise, a $50 million Lumilens order, and recent turbulence from Marvell’s canceled purchase orders, with dilution and tax-status questions adding pressure.
Flex grabs S&P 500 spot but shares drop

Flex grabs S&P 500 spot but shares drop

6 June 2026
Flex will join the S&P 500 on June 22, drawing investor focus to its surging AI data-center power unit and planned spin-off, even as shares fell 4.8% to $151.92 amid a tech selloff; CPI sales jumped 38% to $6.61 billion in fiscal 2026, now 24% of total revenue, but margin slipped 100 basis points due to ramp-up costs and product mix.
Intel shares hit as AI chip slump wipes out $1.3 trillion

Intel shares hit as AI chip slump wipes out $1.3 trillion

6 June 2026
Intel plunged 11.4% to $99.17 on heavy volume as the PHLX Semiconductor Index suffered its worst drop since March 2020, wiping out $1.3 trillion in U.S. chipmaker market value, overshadowing Intel’s new AI partnership with Foxconn amid sector-wide selling triggered by Broadcom’s guidance and renewed Fed rate hike fears.
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