For years, American Express and Chase have been vying to be the preferred premium credit card of America's richest consumers. In general, these banks are fighting for the loyalty of America's affluent shoppers. Um, we have a situation in the US where um there's a really big disparity in who does consumer spending.Um so if you look at the um highest earning 10% of households, which is um roughly households above $250,000 a year, um they do fully half of all of the consumer spending in the United States. It's ...

Core Viewpoint - The Coca-Cola Company is expected to report strong international sales growth and focus on new products and marketing initiatives in its upcoming third-quarter financial results [1] Earnings Estimates - Analysts predict Coca-Cola will report third-quarter revenue of $12.39 billion, an increase from $11.85 billion in the same period last year [2] - Expected earnings per share for the third quarter is 78 cents, up from 77 cents a year earlier [2] - The company has beaten earnings per share estimates in six consecutive quarters and nine of the last ten quarters [3] Key Items to Watch - Coca-Cola's results follow PepsiCo's recent earnings report, which exceeded analyst expectations for both earnings per share and revenue, potentially raising expectations for Coca-Cola [4] - In the second quarter, Coca-Cola's net revenue increased by 1% to $12.5 billion, driven by higher prices and product mix [4] - Analysts are looking for strength in international markets, particularly after Coca-Cola reported growth in China and Central Asia, despite unit case volume declines in several key regions [5] - The Coca-Cola Zero Sugar brand continues to show growth across all geographic segments [5] - Non-carbonated beverages, including water, sports drinks, coffee, and tea, are also areas of interest, with mixed growth trends across regions [6] - The company plans to launch a new U.S. cane sugar-based beverage, which could impact future sales [6] Investor Interest - Warren Buffett, CEO of Berkshire Hathaway, is closely monitoring Coca-Cola's report, as Berkshire holds approximately 9.3% of the company [8] - Coca-Cola has narrowed its earnings per share outlook while maintaining its organic revenue growth target of 5% to 6% for the full year, which will be closely watched by investors and analysts [9] Stock Performance - Coca-Cola's stock traded at $68.41, with a year-to-date increase of 10.6% in 2025, outperforming PepsiCo, which is up 2.1% year-to-date [10]

Credit-card purchases in the US economy have increasingly been driven by borrowers with high scores, as less creditworthy consumers cut back on spending, a new report from the Fed shows. https://t.co/J5Ky5lPfag ...

Core Insights - American Express shares have increased approximately 15% in 2025, slightly outperforming the S&P 500's gains [1][5] Financial Performance - American Express reported record quarterly revenue driven by strong spending from affluent consumers, with third-quarter earnings per share at $4.14 and revenue reaching $18.43 billion, an 11% year-over-year increase [2][5] - The company raised the lower end of its full-year earnings per share outlook to $15.20 to $15.50, up from a previous range of $15 to $15.50, and projected revenue growth of 9% to 10%, compared to the prior estimate of 8% to 10% [3] Market Reaction - Following the earnings announcement, American Express shares surged over 6% to approximately $343, positioning them for a record closing high [3] Economic Context - The results highlight a trend where the economy is increasingly influenced by the spending habits of wealthy Americans, who are benefiting from stock market gains [4] - CEO Stephen Squeri noted that the launch of updated high-end credit cards contributed significantly to the strong performance, with demand and engagement surpassing expectations [4]

For more on the consumer as we head into the holiday season, let's bring in National Retail Federation CEO Matt Sheay. The NRF just out with its new holiday spending outlook. Matt, good to see you.So, how's it looking. >> Well, hi Sarah. Well, I think you know, you heard part of the story just now in the previous segment, but I think the three big themes we've seen this year are the higher income consumers are really driving enormous amount of consumption in our economy.uh that consumers in general behaved ...

Indonesia will distribute an additional 30 trillion rupiah ($1.8 billion) in cash aid, intensifying efforts to spur consumer spending https://t.co/NYyacgSHiL ...

Chinese shoppers are splurging on leisure, not designer brands https://t.co/4E8TZUSQm1 ...

China's biggest shopping event starts five weeks early to revive spending https://t.co/8imndmuk6Q ...

All right. So, what do you make of the action that we saw yesterday. I think I want to start off with the small caps hitting another record yesterday.What does that say about the market right now and the fact that investors are going into small caps, what we thought was a catch-up trade, uh, looking for, I guess, gains. What What do you think they're looking for there. >> I I think it's great.You're looking for something cheaper than the mega cap tech, right. You're looking for something that hasn't moved u ...

Consumer Behavior - Chinese shoppers are prioritizing leisure spending over luxury brands [1]