- A 13% increase in gross dollar volume, on a local currency basis, to $1.1 trillion;
- An increase in cross-border volumes of 16%; and
- An increase in processed transactions of 12%, to 10.6 billion.
PayPal jumps over 2% as the payment company's profits matched expectations amid higher-than-expected revenue and increasing market share, the company said.
While American Express has been doing some good things as of late, investors are still skeptical heading into earnings.
Jim Cramer explains what to look for when American Express reports earnings on Wednesday.
They won't get noticed until we get multiple interest rate hikes.