· Travelers reported strong Q2 EPS of $2.51 per share, beating consensus estimates by 50 cents. Revenues rose 11.7% YoY to $11.28 billion, slightly missing expectations. The company experienced significant catastrophe losses, driving a 7% stock decline. Key support levels at $200 and $196 are crucial for the stock's future performance. Despite this, Travelers' underlying fundamentals remain strong, driven by improved underwriting and investment performance. The Travelers Companies(TRV)
Link: https://www.ainvest.com/news/traveler-s-slides-7-important-support-comes-into-play-2407101095e8a0af97052ce7

· American Express reported strong Q2 earnings, exceeding expectations, driven by increased net interest income, higher card spending and fee growth. Despite the miss in revenue, shares fell 1.5% due to broader market dynamics. The company's solid results and strategic investments indicate a positive trajectory for continued growth. The stock is set to test its 10-day moving average ($242), with potential entry point at the convergence area ($236-237) for investors with a longer-term outlook. American Express(AXP)
Link: https://www.ainvest.com/news/american-express-slides-2-following-top-line-miss-does-pullback-present-a-buying-opportunity-24071010973f132e6065635e