Business Wire
BusinessLilly shares early Phase 1 findings for FRα-targeting antibody-drug conjugate in platinum-sensitive ovarian cancer at ESMO 2026The Apex TimesBusinessChina’s incremental market-access move reignites attention on global payment networks like MastercardThe Apex TimesBusinessLockheed Martin’s lower valuation versus RTX draws investor comparison, as defense spending remains a key tailwindThe Apex TimesBusinessOpinion piece pits Nvidia against TSMC for a single, five-year AI betThe Apex TimesBusinessNike approves Genon AI system to automate outsole defect checks, rollout planned for 2027The Apex TimesBusinessBroadcom options market shows outsized appetite for a $600-call bet as “AI fears” enter the debateThe Apex TimesBusinessAmazon buys 3M products for data centers, a move analysts say could ripple across the marketThe Apex TimesBusinessBooz Allen Hamilton shares catch a bid after earnings beat and higher full-year adjusted outlookThe Apex TimesBusinessPalantir expands “sovereign AI” push, betting that controlled deployment wins enterprise and government buyersThe Apex TimesBusinessNVIDIA chief Jensen Huang counters the memory-bear narrative as investors rush to reprice AI hardware timelinesThe Apex TimesBusinessElon Musk argues Tesla’s customer demand is driven by Full Self-Driving, not car-by-car specsThe Apex TimesBusinessCostco starts selling an AI smartphone gimbal on member-only shelves, indicating a new push into camera techThe Apex TimesBusinessLilly shares early Phase 1 findings for FRα-targeting antibody-drug conjugate in platinum-sensitive ovarian cancer at ESMO 2026The Apex TimesBusinessChina’s incremental market-access move reignites attention on global payment networks like MastercardThe Apex TimesBusinessLockheed Martin’s lower valuation versus RTX draws investor comparison, as defense spending remains a key tailwindThe Apex TimesBusinessOpinion piece pits Nvidia against TSMC for a single, five-year AI betThe Apex TimesBusinessNike approves Genon AI system to automate outsole defect checks, rollout planned for 2027The Apex TimesBusinessBroadcom options market shows outsized appetite for a $600-call bet as “AI fears” enter the debateThe Apex TimesBusinessAmazon buys 3M products for data centers, a move analysts say could ripple across the marketThe Apex TimesBusinessBooz Allen Hamilton shares catch a bid after earnings beat and higher full-year adjusted outlookThe Apex TimesBusinessPalantir expands “sovereign AI” push, betting that controlled deployment wins enterprise and government buyersThe Apex TimesBusinessNVIDIA chief Jensen Huang counters the memory-bear narrative as investors rush to reprice AI hardware timelinesThe Apex TimesBusinessElon Musk argues Tesla’s customer demand is driven by Full Self-Driving, not car-by-car specsThe Apex TimesBusinessCostco starts selling an AI smartphone gimbal on member-only shelves, indicating a new push into camera techThe Apex TimesBusinessLilly shares early Phase 1 findings for FRα-targeting antibody-drug conjugate in platinum-sensitive ovarian cancer at ESMO 2026The Apex TimesBusinessChina’s incremental market-access move reignites attention on global payment networks like MastercardThe Apex TimesBusinessLockheed Martin’s lower valuation versus RTX draws investor comparison, as defense spending remains a key tailwindThe Apex TimesBusinessOpinion piece pits Nvidia against TSMC for a single, five-year AI betThe Apex TimesBusinessNike approves Genon AI system to automate outsole defect checks, rollout planned for 2027The Apex TimesBusinessBroadcom options market shows outsized appetite for a $600-call bet as “AI fears” enter the debateThe Apex TimesBusinessAmazon buys 3M products for data centers, a move analysts say could ripple across the marketThe Apex TimesBusinessBooz Allen Hamilton shares catch a bid after earnings beat and higher full-year adjusted outlookThe Apex TimesBusinessPalantir expands “sovereign AI” push, betting that controlled deployment wins enterprise and government buyersThe Apex TimesBusinessNVIDIA chief Jensen Huang counters the memory-bear narrative as investors rush to reprice AI hardware timelinesThe Apex TimesBusinessElon Musk argues Tesla’s customer demand is driven by Full Self-Driving, not car-by-car specsThe Apex TimesBusinessCostco starts selling an AI smartphone gimbal on member-only shelves, indicating a new push into camera techThe Apex TimesBusinessLilly shares early Phase 1 findings for FRα-targeting antibody-drug conjugate in platinum-sensitive ovarian cancer at ESMO 2026The Apex TimesBusinessChina’s incremental market-access move reignites attention on global payment networks like MastercardThe Apex TimesBusinessLockheed Martin’s lower valuation versus RTX draws investor comparison, as defense spending remains a key tailwindThe Apex TimesBusinessOpinion piece pits Nvidia against TSMC for a single, five-year AI betThe Apex TimesBusinessNike approves Genon AI system to automate outsole defect checks, rollout planned for 2027The Apex TimesBusinessBroadcom options market shows outsized appetite for a $600-call bet as “AI fears” enter the debateThe Apex TimesBusinessAmazon buys 3M products for data centers, a move analysts say could ripple across the marketThe Apex TimesBusinessBooz Allen Hamilton shares catch a bid after earnings beat and higher full-year adjusted outlookThe Apex TimesBusinessPalantir expands “sovereign AI” push, betting that controlled deployment wins enterprise and government buyersThe Apex TimesBusinessNVIDIA chief Jensen Huang counters the memory-bear narrative as investors rush to reprice AI hardware timelinesThe Apex TimesBusinessElon Musk argues Tesla’s customer demand is driven by Full Self-Driving, not car-by-car specsThe Apex TimesBusinessCostco starts selling an AI smartphone gimbal on member-only shelves, indicating a new push into camera techThe Apex Times
Back to front
American Express adds a new way to use Membership Rewards points at checkout with Apple Pay
The Apex Times

THE APEX TIMES

Business/The Apex Times/Jul 1, 10:16 AM EDT

American Express adds a new way to use Membership Rewards points at checkout with Apple Pay

The card issuer says it is expanding where eligible U.S. Card Members can redeem Membership Rewards points, rolling out a new “Use Pay with Points with Apple Pay” option tied to Apple Pay payments.

American Express is rolling out a new points-redeption feature that lets eligible U.S. Card Members use Membership Rewards points at checkout through Apple Pay. The company announced the change on July 1, framing it as an expansion of where points can be redeemed for payments, not just as a standalone rewards option.

The new offering is called “Use Pay with Points with Apple Pay.” According to American Express, it is designed for use when customers are checking out with Apple Pay, linking points redemption to the in-store or online flow where Apple Pay is accepted.

Membership Rewards is American Express’s loyalty program for cardholders. Under the expanded option, the company is effectively moving redemption closer to the moment of payment by incorporating points use into the Apple Pay checkout experience.

While American Express did not provide additional program terms in the announcement, the positioning suggests that the company is aiming to make redemption more convenient for customers who already use Apple Pay. That matters in a sector where payment friction can discourage loyalty behavior, and where card issuers increasingly compete on everyday usability rather than only on long-horizon redemption catalogs.

Apple Pay, meanwhile, functions as a mobile payments service that lets shoppers authorize transactions using Apple devices. By connecting points redemption to Apple Pay, the card issuer is aligning its rewards mechanics with the payment method customers already select at the time of purchase, potentially reducing the number of steps required to apply benefits to a transaction.

For merchants and the payments ecosystem, the practical question is how widely the feature will be available and what categories of purchases qualify once a customer chooses Apple Pay at checkout. In the July 1 announcement, American Express described the launch at a high level but did not spell out merchant coverage, eligible purchase categories, or any point-to-payment conversion details in the publicly posted summary.

As of this writing, American Express and Apple have not disclosed further implementation specifics in the material available with the announcement, including any redemption limits, rates, or whether the rollout is immediate across all eligible card products. Customers who want to use points through Apple Pay will likely need to look for the feature during the Apple Pay checkout flow, and the full terms may be clarified through American Express’s program communications over time.

Why It Matters

  • Adding points redemption to Apple Pay checkout can make loyalty benefits feel more immediate, which may improve engagement among customers who already use Apple Pay.
  • For American Express, the change is another step in competing on the day-to-day usefulness of rewards rather than only on redemption catalogs.
  • For the payments market, tighter integration between loyalty programs and mobile payments can influence consumer choice of card and wallet behavior.
  • The remaining unknowns, including eligibility rules and redemption economics, will determine how attractive the option is versus other ways to redeem Membership Rewards points.

Sources

Key Facts

  • American Express announced it is expanding Membership Rewards points redemption opportunities for eligible U.S. Card Members.
  • The new option is titled “Use Pay with Points with Apple Pay.”
  • The feature is designed for purchases where customers check out using Apple Pay.
  • The announcement was published on July 1, 2026.
  • American Express described the update as a launch that connects rewards redemption to the Apple Pay payment experience.

Technology Related

Oct 23, 8:59 PM EDT
The Apex Times

Amazon shares among AI-infrastructure selloff targets as mega-cap tech resets

A broad pullback in AI infrastructure-linked equities has hit even companies whose financial results and demand indicators were described as holding up, according to a market-focused report. Amazon was cited alongside other large technology names as investors reassess near-term spending and competitive momentum.

Amazon shares among AI-infrastructure selloff targets as mega-cap tech resets
The Apex Times
American Express adds a new way to use Membership Rewards points at checkout with Apple Pay | The Apex Times