earnings

American Express Cuts 3,500 Jobs Despite Profit Jump

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Modern glass corporate office tower in New York at dusk with business people leaving the entrance

The American Express job cuts announced on Friday will eliminate about 3,500 positions, or roughly 5% of the company’s global workforce, even as the card giant reported sharply higher profits and raised its full-year earnings forecast. Chief Executive Stephen Squeri disclosed the plan on the company’s third-quarter earnings call, saying the restructuring is designed to … Read more

SpaceX Q3 Earnings Today: Starlink, AI Spending in Focus

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SpaceX Falcon 9 rocket launching at dusk ahead of the SpaceX earnings report

The SpaceX earnings report arrives after the closing bell on Tuesday, October 20, 2026 — only the second quarterly report since Elon Musk’s rocket-and-AI company went public in June. Investors are watching closely to see whether SpaceX’s massive AI spending is starting to pay off, and whether Starlink’s growth can keep carrying the business. SpaceX … Read more