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☆ A way to profit from a negative reversal in Chipotle if the consumer continues to weaken
▼ + stars: | 2024-06-03 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

Investors may not have sufficiently accounted for the impact of stretched consumer finances on the discretionary sector. We'll review the dichotomy going on in the consumer discretionary sector and give a bearish trade on an outperforming stock once thought to be immune from some of the pressures. To some extent, the haves and have-nots divide explains the difference between the consumer discretionary stocks that have outperformed versus underperformed this year. Horton, YTD However, two industry groups within the consumer discretionary sector have not followed this pattern to the same degree. The trade: Chipotle The best-performing restaurant in the consumer discretionary sector so far this year is Chipotle Mexican Grill Inc. (CMG) up a market-crushing 36.8%.

Persons: Roland Garros, Ralph Lauren, Hermes, Versace, Prada, Calvin Klein, Tommy Hilfiger, Van Heusen, Horton, TOL, D.R, Tesla, Darden, YTD, Chipotle Organizations: Monaco, PVH Corp, IZOD, Carnival Corp, CCL, GM, Grill Inc, Darden, Starbucks Locations: Royal Caribbean, Horton

☆ All of the A-list celebrities seen at the Monaco Grand Prix, the swankiest race in motorsports
▼ + stars: | 2024-05-27 | by ( Cork Gaines | ) www.businessinsider.com time to read: +1 min

Charles Leclerc won the Monaco Grand Prix after leading the entire race. The Monaco Grand Prix is the most glamorous event in Formula 1. AdvertisementFormula 1 is one of the ritziest sports in the world, and the Monaco Grand Prix is its swankiest event. While the race has struggled to keep up with the larger modern F1 cars, the Monaco Grand Prix is still the grand jewel of the racing series. Take a look at some of the A-list stars seen before and during the 2024 Monaco Grand Prix.

Persons: Charles Leclerc, — Organizations: Monaco, Prix, Service

CNN —Josef Newgarden used a scintillating last-lap pass to win the Indianapolis 500 on Sunday for the second consecutive year in a race that started four hours late due to extreme weather. We worked our tails off,” Newgarden told race broadcaster NBC. “Absolutely, they can say whatever they want after this point, I don’t care any more,” Newgarden said after the Indy 500. The Indy 500 regularly shares a date with the famous Monaco Grand Prix, known as the “crown jewel” of the Formula One calendar. Michael Conroy/AP“(Racing at 50) was always my goal, but I don’t want to just ‘do it’,” he told Indy Star.

Persons: CNN — Josef Newgarden, I’m, …, ” Newgarden, Pato O’Ward, Arrow McLaren, Hélio Castroneves, Roger Penske, ” Josef Newgarden, AJ Mast, Tom Blomqvist, Mark J, Newgarden, O’Ward, “, ”, “ It’s, ” O’Ward, Scott Dixon, ” Dixon, Charles Leclerc, Kyle Larson, Larson, ” Larson, Justin Allgaier, Christopher Leduc, Allgaier, John Andretti, Robby Gordon, Tony Stewart, Kurt Busch, Castroneves, Michael Conroy Organizations: CNN, Indianapolis, NBC, Indycar, USA, Sports, Reuters, Team Penske, IndyCar, Indy, Monaco, Larson NASCAR, NASCAR, Indy Star Locations: Indianapolis, St . Petersburg , Florida, Monte Carlo, Indiana, North Carolina, Larson’s

☆ How the Monaco Grand Prix became the most iconic F1 race
▼ + stars: | 2024-05-24 | by ( Gregory Leporati | ) www.businessinsider.com time to read: +8 min

The Monaco Grand Prix is the crown jewel of Formula 1, known for its glitz and glamour. In the decades since then, the Monaco Grand Prix has become the crown jewel of Formula 1 — and arguably the most famous race in the world. Senna's surprising defenseThat crash was a distant memory by 1992, as Senna unexpectedly claimed his fifth Monaco Grand Prix victory. While he didn't gain any victories during his Mercedes stint, he earned a pole position at his final Monaco Grand Prix at 43. Daniel Ricciardo celebrating his Monaco Grand Prix win in 2018.

Persons: —, it's, Bob Varsha, Varsha, Clive Rose, Zak Brown, McLaren, Lando Norris, It's, Juan Manuel Fangio, Alfa, Yves, Giraud Cabantous, Maurice Trintignant, Robert Manzon, Giuseppe Farina, Jackie Stewart, Stewart, Jackie, Ayrton Senna, Senna, Ayrton Senna's, Nigel Mansell, Brown, Mansell, Michael Schumacher's, Mercedes, Mark Webber, Schumacher, Daniel Ricciardo, Lewis Hamilton, Ricciardo, Dan Istitene, Charles Leclerc —, he's, Leclerc Organizations: Monaco, Service, Prix, ESPN, Miami Grand Prix, Indianapolis, Le, Alfa Romeo, Formula, Getty, Universal Pictures, Williams, Renault, Mercedes F1, Netflix, Monaco Grand Prix, Monaco —, Ferrari Locations: Monte Carlo, Monaco, Argentine, British

☆ How the super rich party at the Monaco Grand Prix
▼ + stars: | 2024-05-24 | by ( Susan Griffin | ) edition.cnn.com time to read: +8 min

British driver Lewis Hamilton of Mercedes looks walks the drivers parade before the Formula 1 Grand Prix at the Circuit de Monaco on May 28, 2023. Here, designer stores, supercars, multi-million-dollar yachts and astronomically priced restaurants are ‘la norme’, but during the three-day Grand Prix, the eye-watering ostentation increases three-fold. Amber Lounge might be one of the most exclusive and expensive events taking place during the Monaco Grand Prix weekend, but Monte Carlo itself is a veritable party hub. “As a former resident, I can tell you there are two sides to the F1 Grand Prix arriving in Monaco. Fans watch the action during qualifying at the F1 Monaco Grand Prix.

Persons: ”, Tom Holland, Lewis Hamilton, Mercedes, Dan Mullan, revel, Cipriani, Sass Café, Max Verstappen, Justin Bieber, Kim Kardashian, Kylie Minogue, Prince Albert of Monaco, Eddie Irvine’s, Sonia, Amber, Lauren Green, Joash Lee, partygoers, Jax Jones, Monte, Bruce Bundrant, ” Bundrant, Ryan Pierse, Green, “ Organizations: CNN, Monaco, Prix, Circuit, Getty, Business Development, AS Monaco FC, “ Locations: Monte Carlo, British, Fairmont, Hôtel Hermitage, Hôtel, Paris, Le Meridien, Monaco, Singapore, Las Vegas, Abu Dhabi

☆ Why the Miami Grand Prix is the most distinctive race in Formula 1
▼ + stars: | 2024-05-01 | by ( Gregory Leporati | ) www.businessinsider.com time to read: +7 min

The Miami Grand Prix, a unique spectacle in Formula 1, is heading into its third year. Heading into its third year, Formula 1's Miami Grand Prix has made a name for itself as a unique spectacle in the sport. But the logistics' massive scope is just one aspect that sets the Miami Grand Prix apart. The marina at the F1 Miami Grand Prix in 2022. Local flavorThe Miami Grand Prix aims to capture the city's flair.

Persons: —, Todd Boyan, Boyan, Tyler, Ricardo Arduengo, Guenther Steiner, Steiner, Mark PETERSON, Haas, We've, It'll Organizations: Miami Grand Prix, Service, Miami, Hard, Miami Dolphins —, Miami Dolphins, Miami Open, Prix, Tyler Epp, Miami Grand, Epp, . Miami, Monaco, Logistics, Haas, Netflix, Miami . F1 Academy, F1 Academy, Beach Club, cabanas, Art, Paddock Club Locations: Jeddah, Saudi Arabia, Miami, South Beach, Art Basel

☆ Japan’s Indy 200: Remembering the first time IndyCars raced at Fuji Speedway
▼ + stars: | 2024-03-28 | by ( Emiko Jozuka For Cnn | ) edition.cnn.com time to read: +10 min

She is the daughter of the Japanese photographer Joe Honda. Joe Honda ArchiveCommercial opportunityIn the 1960s, Japan was emerging as an advanced and high-tech nation following its defeat in WWII. “The groundwork for the Indy 200 was already laid by then, and the Japanese were ready and willing to pay for racing,” he said. Rare intimacyFive months before the Indy 200, Clark had been invited to test-drive the Fuji road course. Joe Honda ArchiveCultural shiftsIn 1966, no Japanese drivers or cars participated in the exhibition Indy 200 race.

Persons: Joe Honda, Japan CNN —, Jim Clark, Honda, Jackie Stewart, Chris Amon, Akira Jin –, –, Shingo Shiozawa, Riki Ohkubo, ”, —, ” Jackie Stewart, Nissan Sunny, Jack K, Yamaguchi, Jin –, Japan –, Shiozawa, Jack Brabham, Clark, Graham Hill, Ohkubo, Honda’s, Colin Chapman, “, ‘, ’ ”, Donald Capps Organizations: CNN, Japan CNN, Jim Clark Motorsport Museum, Indianapolis, IndyCar, Fuji International, Honda, Boys, Indy, Fuji, Japan, Nissan, Prix, Suzuka, Formula, Fuji International Speedway, Bolshoi Ballet, Leningrad Philharmonic, United States Auto, Triple Crown, Motorsport, Monaco, Nippon Auto Club, Speedway, Automotive Society of Historians Locations: Tokyo, Japan, Fuji, Scotland, New Zealand, American, Asia, America, Mie, Indianapolis

☆ A Billionaire Bought a Chunk of Manchester United. Now He Has to Fix It.
▼ + stars: | 2024-02-22 | by ( Tariq Panja | ) www.nytimes.com time to read: +1 min

The process was six months old and already starting to wear on Jim Ratcliffe, the British billionaire, the first time he brought out the Champagne to toast his purchase of Manchester United. Mostly, that was because any potential sale for United offered a tantalizing marriage of money, power and history: Mr. Ratcliffe, the wealthy chairman of INEOS, the petrochemicals giant, had supported Manchester United since he was boy. United, the most decorated club in English soccer, was one of the most iconic brands in global sports. And the Premier League, to which it belonged, was the richest soccer league in the world. United fans, eager to see their club shake off its unpopular owners, the Florida-based Glazer family, devoured it all.

Persons: Jim Ratcliffe, Ratcliffe, Ratcliffe’s, Glazer Organizations: Manchester United, Monaco, Prix, United, INEOS, Premier League Locations: Manchester, Florida

☆ Formula One clothing craze sweeps retailers ahead of Vegas debut
▼ + stars: | 2023-11-16 | by ( Katherine Masters | ) www.reuters.com time to read: +4 min

[1/4] F1 apparel is displayed for sale, as U.S. retailers including PacSun and Abercrombie & Fitch are launching lines of Formula 1-inspired apparel, in Las Vegas, Nevada, U.S., November 15, 2023. Teen clothing chains Abercrombie & Fitch (ANF.N) and PacSun are among the U.S. retail chains seeking to turn Americans' budding love affair with Formula One into sales of F1-inspired clothing lines, building partly on excitement for this weekend's inaugural Las Vegas Grand Prix, the retailers said. At the start of the year, the average ticket price for the three-day race weekend was $1,667 -- more than triple that for some European races, such as the Belgian Grand Prix. Rolex paid $35 million in 2023 for a deal that includes title naming rights at two Grand Prix, according to research firm GlobalData. Ahead of the Vegas race, PacSun is selling a collection that includes a pair of $69 women’s cargo jeans and a $600 men’s leather jacket.

Persons: Mike Blake, Jay Prasad, ”, Richard Cox, PVH, Tommy Hilfiger, Conrad Wiacek, Red, Max Verstappen, they’re, Williams, Alfa, Katherine Masters, Jonathan Oatis Organizations: Abercrombie, Fitch, REUTERS, Rolex, One, Las Vegas, Prix, Mercedes, AMG Petronas, Miami Grand Prix, Puma, AP Rocky, Monaco, Netflix, ESPN, Red Bull, Alpine, Kappa, McLaren, Alfa Romeo, Thomson Locations: Las Vegas , Nevada, U.S, Belgian, Vegas, Miami, United States, Las Vegas, men’s

☆ You can own part of this 279-foot-long superyacht for $3.2 million and stay on it whenever you want — see inside
▼ + stars: | 2023-11-09 | by ( Brittany Chang | ) www.businessinsider.com time to read: +6 min

Superyacht Holdings is giving millionaires the chance to cohabitate the $117 million Victorious superyacht. Superyacht Holdings is taking a (relatively) democratized approach to superyacht ownership with its first target acquisition, the €110 million — about $117 million — Victorious. And because the ship is currently in operation, Superyacht Holdings won't have to do any refitting work. The Locastro brothers says several former employees from The World now work for Superyacht Holdings. Superyacht Holdings hasn't acquired its vessel yet, but this isn't uncommon for ship startupsBuyers can purchase more than one unit.

Persons: —, Thomas Locastro, Matthew Locastro, Matthew, Matthew said, Locastro, James St, John, Justin Thorton Organizations: Superyacht, Service, Holdings, Superyacht Holdings, Monaco, Prix, AKYACHT, Superyacht Holdings hasn't, British Virgin Islands Locations: Spain, France, Croatia, Greece, Caribbean, Turkey, Saint Lucia, Barbados, British Virgin

☆ Mercedes Performance Improves After Adjustments to Its Racecar
▼ + stars: | 2023-07-07 | by ( Ian Parkes | ) www.nytimes.com time to read: 1 min

After qualifying was finished for the season-opening Bahrain Grand Prix in March, Toto Wolff, the Mercedes team principal, condemned his own car. “We got the physics wrong, and now we need to correct it,” Wolff said. “We gave it our best go, and now we need to regroup, sit down with the engineers and decide the development direction we want to pursue in order to win races. “We hit our targets, and that showed us that it is simply not good enough.”Weeks later, at the Monaco Grand Prix, Mercedes introduced an upgraded version of its W14 car. There was also a new floor and front suspension.

Persons: Toto Wolff, Lewis Hamilton, George Russell, Max Verstappen, Red Bull, “, ” Wolff, ” Weeks, Mercedes Organizations: Prix, Mercedes, Monaco Locations: Bahrain

☆ Still dreaming Correa has sights set on Formula One
▼ + stars: | 2023-06-29 | by ( Steve Keating | ) www.reuters.com time to read: +4 min

[1/4] Formula One F1 - Belgian Grand Prix - Spa-Francorchamps, Spa, Belgium - August 27, 2020 Juan Manuel Correa visits the place where he was injured in an accident in a Formula 2 race last year that also killed Anthoine Hubert. "Before the accident I sort of felt if I didn't make it to F1 my life would be ruined," Correa told Reuters in a phone interview. In what has been a career reboot, Correa said the focus needed to get back on the track had made him stronger mentally. There is no looking into the rear view mirrors for Correa, only what is ahead and he sees a path to Formula One. But I am convinced I have what it takes to succeed in Formula One.

Persons: Juan Manuel Correa, Anthoine Hubert, REUTERS, Francois Lenoir, Hubert, Correa, Spielberg, Niki Lauda, Robert Kubica, Billy Monger, Robert Wickens, Steve Keating, Ken Ferris Organizations: Belgian, Prix, American, Van Amersfoort, Austria, Reuters, Formula, British, IndyCar, Monaco, Forever Warriors, One, Thomson Locations: Spa, Belgium, Eau Rouge, Ecuador, Toronto

☆ Le Mans 24 Hours: Ferrari wins prestigious endurance race after 50-year absence
▼ + stars: | 2023-06-12 | by ( Matias Grez | ) edition.cnn.com time to read: +3 min

Victory was Ferrari’s 10th top level win at Le Mans and its first since 1965. Michael Fassbender pictured during the Test Day of the 24 Hours of Le Mans on June 4, 2023. Frédéric Le Floc'h/DPPI/ShutterstockFassbender made his Le Mans debut last year, crashing out twice during the race but eventually finishing a very respectable 51st out of 62 with Proton. “Car #911 is no longer running the Le Mans 24 race. “Le Mans was no[t] kind to us this year!”

Persons: CNN — Ferrari, Ferrari, Ferrari’s Antonio Fuocco, Antonio Giovinazzi, Alessandro Pier Guidi, James Calado, Alessandro it’s, ” Giovinazzi, ”, James Moy, Charles Leclerc, it’s, I’m, Michael Fassbender, Frédéric Le, Shutterstock Fassbender, Le, “ Le Organizations: CNN, Formula One, Le, Triple Crown, Monaco, Prix, Indianapolis, Toyota, Le Mans, AF Corse Ferrari 499P, James Moy Photography, Eurosport, “, Porsche, Germany’s Proton, Proton Locations: Formula, Italian, Le Mans

☆ 20 Looks That Did the Most at Cannes
▼ + stars: | 2023-05-30 | by ( The Styles Desk | ) www.nytimes.com time to read: +1 min

There has been a lot of head-turning fashion on the French Riviera lately. Though some of it was spotted on guests at the Monaco Grand Prix (hello Bad Bunny in torso-hugging Jean Paul Gaultier), much of it came from the Cannes Film Festival, which ended on Saturday. There were a lot of outfits that caught our attention during the almost two-week festival, including Jennifer Lawrence’s red Dior gown and flip-flops (most comfortable! ); Naomi Campbell’s Valentino dress and flowing pink feathered cape (most ethereal! But the 20 looks on this list stood out more than most.

Persons: Jean Paul Gaultier, Jennifer Lawrence’s, Naomi Campbell’s Valentino, David Zaslav, Graydon Carter Organizations: Monaco, Cannes Film, Cannes, Warner Bros

☆ Rossi proud to see Alpine back on the podium
▼ + stars: | 2023-05-29 | by ( Alan Baldwin | ) www.reuters.com time to read: +3 min

I am happy for the team," the Frenchman told Reuters as he walked to the pitlane for a celebratory group photograph. On Sunday, in Alpine's 50th race under that branding, Gasly was seventh and the team overtook McLaren for fifth in the constructors' standings. "I’m proud of them and they should be proud too," said Rossi. Ocon, a winner in Hungary in 2021 with Alpine, said his third career podium capped a "superb weekend" for the team and hoped it was the start of something bigger. "From the simulator to really all the practice sessions, we improved the car from beginning to end and we didn't make a wrong foot any time," said the first Frenchman on the Monaco podium since Olivier Panis in 1996.

☆ Monaco Grand Prix: Max Verstappen cruises to victory, avoiding rain-induced chaos
▼ + stars: | 2023-05-28 | by ( Issy Ronald | ) edition.cnn.com time to read: +2 min

CNN —Max Verstappen cruised to victory at the Monaco Grand Prix on Sunday, his fourth win in six races this season as he extended his lead at the top of the drivers’ standings. A relatively straightforward race was transformed in the closing stages as it began raining in Monaco, causing chaos all through the field as the drivers fought to keep their cars from sliding on the wet track. Verstappen avoided any potential mishaps, while second-placed Fernando Alonso lost time when he had to pit twice after attempting to avoid using intermediate tires. The conditions changed late in the race when it began raining. That extra pit stop gave Verstappen a comfortable buffer, even as he clipped the wall, as he held on for the win.

☆ F1 teams analyse crane photos for secrets of Red Bull floor
▼ + stars: | 2023-05-28 | by ( Alan Baldwin | ) www.reuters.com time to read: +2 min

MONACO, May 28 (Reuters) - Formula One rivals hope to discover some of dominant Red Bull's most closely guarded secrets from photographs of the underside of Sergio Perez's car after it was craned off the Monaco Grand Prix circuit. The floor is the most aerodynamically sensitive area of the car, with ground-effect sculpting responsible for much of the performance. Monaco marshals typically use cranes to clear stranded cars from the metal-fenced track because of the close confines and lack of runoff. "So the teams will be all over those kinds of photographs. "There’s a lot of very excited aerodynamicists up and down the pitlane looking at all of that."

☆ Verstappen wins in Monaco to make it six out of six for Red Bull
▼ + stars: | 2023-05-28 | by ( Alan Baldwin | ) www.reuters.com time to read: +4 min

"That was a real Monaco," Verstappen said after a 78-lap race that lasted an hour and 48 minutes. CLOSEST RIVALThe win was Verstappen's fourth of the season, second in Monaco and 39th of his career. Mexican team mate Sergio Perez, his closest title rival, started in last position after a qualifying crash and finished two laps down in 16th. Alpine's Pierre Gasly, Ferrari's Carlos Sainz, McLaren's Lando Norris and team mate Oscar Piastri completed the points positions. While Alonso celebrated his fifth podium of the season, and best result yet for Aston Martin, Canadian team mate Lance Stroll retired after repeated tangles with rivals.

☆ Verstappen takes first Monaco pole as Perez crashes
▼ + stars: | 2023-05-27 | by ( Alan Baldwin | ) www.reuters.com time to read: +4 min

Ferrari's Charles Leclerc, who had been hoping for his third home pole in a row, had to settle for third while Verstappen's team mate and closest title rival Sergio Perez crashed and will start last. "I think that is one of the best laps he’s ever driven in qualifying," said Horner of his champion's 23rd career pole. Last year's winner Perez, 14 points behind Verstappen after five races, crashed at the Sainte Devote first corner in the opening session. The Mexican crashed in the final phase of qualifying last year but started third, and ahead of Verstappen. Aston Martin's Lance Stroll was only 14th on the grid and behind the Williams of Alex Albon in 13th.

☆ Leclerc handed three-place grid drop at home Monaco GP
▼ + stars: | 2023-05-27 | by ( ) www.reuters.com time to read: +1 min

MONACO, May 27 (Reuters) - Ferrari's Charles Leclerc was handed a three-place grid drop for his home Monaco Grand Prix for impeding McLaren's Lando Norris in qualifying on Saturday, meaning he will start sixth instead of third. The penalty means also that Alpine's Esteban Ocon moves up to third and Ferrari's Carlos Sainz will start fourth. "Norris was on a fast lap and caught Leclerc in the middle of the tunnel and was clearly impeded," stewards said in a statement. "Both drivers agreed that there was little that Leclerc could have safely done in the tunnel to avoid impeding Norris, given the difficulty in vision" they added. The stewards said, however, that Ferrari had not warned Leclerc about Norris' approach until the Briton was already directly behind.

☆ The Leclerc Brothers Return Together to Race at Monaco
▼ + stars: | 2023-05-25 | by ( Phillip Horton | ) www.nytimes.com time to read: 1 min

Monaco Grand Prix fans who are from the principality have become accustomed to watching one of their own, Charles Leclerc of Ferrari, who was born in Monaco, compete in the race. At this year’s event, there will be two locals, as Arthur Leclerc, Charles’s younger brother, races there in Formula 2 on Saturday. “I have really early memories in Monaco when I was looking at Formula 1, and my only dream was to be in their place and to drive in Formula 1 in Monaco. I’m not driving in Formula 1, I’m driving in Formula 2, but it’s a dream coming true. It’s exciting.”Arthur, 22, is the younger brother of Charles, 25, who drives for Ferrari and was the runner-up for the 2022 drivers’ championship.

☆ Formula 1 in 2023: Record 24-race calendar revealed as Las Vegas debuts and China returns
▼ + stars: | 2022-09-21 | by ( Matt Morlidge | ) www.cnbc.com time to read: +4 min

"We are excited to announce the 2023 calendar with 24 races around the world. Making way for 2023 is the French GP, and a previously touted race in South Africa has not been included. The calendar was approved by the FIA and the World Motor Sport Council and revealed by F1's governing body on Tuesday. Formula 1 has revealed a record race calendar for 2023, with the sport set to hold 24 races in a season for the very first time. The 2023 Formula One Monaco Grand Prix will be held on Sunday 28th May, 2023."

☆ 15 astounding facts about Monaco, the tiny French Riviera city-state where 32% of the population is made up of millionaires
▼ + stars: | 2019-05-22 | by ( Katie Warren | ) www.businessinsider.com time to read: 1 min

NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMonaco, a sovereign city-state on the French Riviera, is known as a "Billionaires' Playground." The tiny city-state is famous for its lavish wealth, casinos, and glamorous events such as the Monaco Yacht Show and the Monaco Grand Prix. Here are 15 mind-blowing facts about Monaco, from the number of millionaires who live there to the number of police officers per resident.

Persons: — Organizations: Service, Monaco

☆ I attended an exclusive dinner and discussion for Amex Platinum cardholders with one of the best chefs in the world — here’s what the once-in-a-lifetime experience was like
▼ + stars: | 2019-03-01 | by ( David Slotnick | Senior Reporter | Read More | ) www.businessinsider.com time to read: +6 min

One of the perks that comes with The Platinum Card® from American Express is access to exclusive events and dining reservations via the By Invitation Only program. In 2017, Amex doubled down on this by relaunching its famed Platinum Card. Facing fierce competition in the premium space from JP Morgan's Chase Sapphire Reserve rewards credit card, American Express boosted its travel and experience platforms. "Now in 2018, we see that our Platinum card members are passionate about travel, entertainment, superior service, and have evolved in how they undertake that." I've written before about how the Amex Platinum Card offers a ton of value, easily enough to outweigh its annual fee.

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