Why Amex Stock Soared 11% in August

American Express has always been the guy who shows up to the party with a bottle of wine and a side of entitlement. They cater to the elite, offering rewards that feel less like perks and more like a tax on your wallet. It’s like they’re saying, “We’ll take your money, and then we’ll pretend we’re doing you a favor.” Despite having fewer users than Visa, they somehow make twice the cash. Because of course they do. The rich are just better at spending, apparently.








