For 2024, American Express expects its revenue to increase 9% as its EPS rises 23% to 25%. It attributes that growth to the stabilizing U.S. economy, its growing adoption among higher-income Gen Z and millennial shoppers, and its international expansion.

For the first time since 2018, Buffett’s company didn’t buy back any stock in the quarter, according to FactSet.

Warren Buffett is now sitting on more than $325 billion cash after continuing to unload billions of dollars worth of Apple and Bank of America shares this year and continuing to collect a steady strea