Stocks in Action USA: American Express, Walmart, Tempus AI
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American Express (AXP) & Synchrony (SYF) – Trump's Interest Rate Cap Initiative Triggers Shockwaves in the US Banking Sector – Margin Killer or Just Political Rhetoric? An unexpected political move from Washington is causing massive turbulence in US financial stocks as President Donald Trump called for a statutory cap of 10% on credit card interest rates on Truth Social to ease the burden on consumers. The reaction on Wall Street is drastic: Specialized providers like Synchrony Financial and Capital One plunge about 10%, while industry...
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