Shares of Goldman Sachs and American Express have contributed about two thirds of the index's intraday rally, as the Dow is trading 749 points (1.8%) higher. Goldman Sachs's shares have gained $33 ...

Amex is also trying to replace MasterCard, it was said. There is a “tough battle” between the networks. However, this does not mean that Apple has found a direct replacement for Goldman Sachs.

On the other hand, American Express is pitching to be the all-in-one partner for Apple as it offers to both be the issuer and payment network, replacing both Goldman Sachs and Mastercard.

As of right now, the ‌Apple Card‌ is on the Mastercard payment network, but that is set to change because Apple is ending its partnership with Goldman Sachs. Both American Express and Visa are ...

The Dow Jones Industrial Average is rallying Friday afternoon with shares of Goldman Sachs and American Express leading the way for the price-weighted average. The Dow is trading 541 points higher ...