"A meeting between Presidents Trump and Putin in Alaska ended without major announcements, and failed to end fighting in Ukraine, leaving hopes for peace dim."
"The S&P 500 closed higher for the second week in a row, with the Vanguard S&P 500 ETF rising 1% for the week; however, premarket trading indicates a slight downturn."
"Earnings season is winding down, with 92% of S&P 500 companies having reported earnings; 82% of these companies have beaten earnings expectations according to CNBC data."
"Riskified reported a surprise Q2 profit of $0.02 per share against Wall Street’s expectation of a six-cent loss, and its stock fell over 9% premarket despite positive revenue guidance."
During a meeting in Alaska, Presidents Trump and Putin did not announce any significant developments regarding the ongoing war in Ukraine. The S&P 500 saw a 1% rise over the week but is expected to see a minor decline in premarket trading. Earnings season is nearing its end, with 92% of S&P 500 companies having reported their earnings, revealing that 82% exceeded expectations. Additionally, Riskified reported unexpected earnings but faced a drop in stock value despite beating revenue forecasts.
Read at 24/7 Wall St.
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