Shares of athletic apparel retailer Lululemon (NASDAQ:LULU)
jumped 4.4% in the afternoon session after BNP Paribas Exane upgraded the stock to Neutral from Underperform, setting a new price target of $146. The upgrade came after the shares had fallen about 65% since the firm's previous downgrade, leading the analyst to note that the current valuation was "pricing in a lot of bad news." The firm also pointed to potential positive developments that could help the stock. These included a partnership with American Express Platinum and the possibility of "founder-led activism." Analysts suggested that most negative expectations from Wall Street were already factored into Lululemon's stock price.
A surprisingly strong finish on Wall Street capped a volatile week. Calming words from President Trump about China and better-than-expected earnings from regional banks fueled a late-session rebound, pushing major indices into positive territory.
Global payments company American Express (NYSE:AXP) reported Q3 CY2025 results topping the market’s revenue expectations, with sales up 10.8% year on year to $13.82 billion. Its GAAP profit of $4.14 per share was 3.6% above analysts’ consensus estimates.
New York, NY – October 17, 2025 – Telecommunications giant AT&T (NYSE: T) is experiencing a day of modest gains in a broader market that shows signs of stabilization, positioning itself with a series of strategic business updates that underscore its long-term growth ambitions. While today's stock movement for AT&T
Shares of American Express (NASDAQ: AXP) are trading higher Friday after the company shared a couple of positive announcements during an earnings call.
Shares of global payments company American Express (NYSE:AXP) jumped 6.3% in the afternoon session after the company reported better-than-expected results for the third quarter of 2025, beating Wall Street's estimates for revenue and profit. The global payments company posted revenue of $13.94 billion, an 11.8% increase from the same period last year, which surpassed analyst expectations. Earnings came in at $4.14 per share, also ahead of consensus estimates and up from $3.49 in the year-ago quarter. This strong performance was supported by a significant rise in customer spending, with total transaction volumes growing 8.7% year-on-year to $479.2 billion, also topping forecasts. Overall, the solid top- and bottom-line beats signaled healthy consumer engagement and effective business execution, boosting investor confidence.
Wall Street shrugged off credit concerns that battered bank stocks on Wednesday, with large-cap indices posting slight gains by midday trading in New York, setting up for a positive weekly close.
