Takeaways from American Express (NYSE:AXP) presentation at Morgan Stanley conference

Event Summary:

• Christophe Le Caillec, CFO of American Express (Amex), attended a conference hosted by Morgan Stanley.
• The discussion covered Amex's performance, strategy, and outlook, with a focus on consumer spending trends, premium card segment growth, technology investments, and credit quality.

Segment Performance:

• Consumer Spending: Amex sees continued strength in consumer spending, particularly among high-income consumers, both in the U.S. (8% growth in Q1) and internationally (13% growth in Q1).
• SME Space: There is softness in the SME space with low single-digit growth.
• Premium Card Segment: Amex has increased...