Riskified Ltd. Class A Ordinary Shares (RSKD)

The artificial intelligence (AI) boom, which propelled tech stocks to unprecedented highs throughout late 2023 and early 2024, is now facing a significant reality check. A growing wave of skepticism regarding the sustainability of the AI frenzy, largely ignited by a recent MIT report highlighting limited returns on generative AI

U.S. stock futures were fluctuating on Tuesday following mostly unchanged moves from Monday. Futures of major benchmark indices were mixed.

The CNN Money Fear and Greed index improved slightly but remained in the Greed zone on Monday. Trump meets with Zelenskyy, European leaders.

RSKD stock results show that Riskified beat analyst estimates for earnings per share and beat on revenue for the second quarter of 2024.

These innovative companies are embracing the power of AI in a significant way.