Schwab Network

Intel (INTC) CEO Lip-Bu Tan told reporters that the company will continue its involvement with SpaceX's (SPCX) Terafab project. The headline pushed shares of Intel higher while TSMC (TSM) slid. Alex Coffey discusses ways the development pushes back investor fears surrounding Intel and how the partnership plays a role in the greater AI trade. Scott Bauer of Prosper Trading Academy offers an exa...

Charles Schwab's Rachel Dashiell turns to technical developments in the S&P 500 (SPX) that is creating a key resistance level for the index. Also mind the bearish divergence, leading what Rachel calls a tentative "false breakout." Beneath the surface, a "stealth correction" shows how market breadth in the S&P and Nasdaq-100 (NDX) soured in recent weeks. Rachel adds...

Jim Paulsen warns that the economy and stock market are dangerously bifurcated, with AI and "new era" spending surging while the rest of the economy barely grows. He says tech complacency is the biggest risk right now after the longest tech boom in 100 years, and financial conditions have tightened sharply with the 10-year yield surging from 3.94% to 5.3%. He expects a pretty good correc...

Elevated yields and volatility in the bond market are the key movers Kevin Green is watching to start Wednesday's trading day. The S&P 500 (SPX) dove below one of KG's key levels as a result. He urges investors to watch the 10-year Treasury auction later Wednesday as the futures indicate a potential break in current trends. On the FOMC minutes, KG doesn't expect it to ignite a mark...

Chris Versace, CIO at Tematica Research, remains long-term bullish on tech as AI and robotics drive a multiyear data center buildout. He sees Nvidia (NVDA), Marvell (MRVL), Broadcom (AVGO), and Arista Networks (ANET) as cheaper than people think on a P/E to growth basis. He says to avoid rate-sensitive areas like homebuilders while favoring consumer value plays like TJX Companies (TJX) and Costco...

Constellation Brands (STZ) moved to the upside but linger near decade-lows after earnings, as Diane King Hall explains how the big picture of consumer demand differs from headline numbers in the report. NetApp (NTAP) opened at an all-time high after Evercore ISI upgraded the stock and boosted its price target. Diane also highlights reports that Apple (AAPL) is planning to add smart home devices to...

Jonathan Corpina says market fundamentals are strong with the S&P 500 (SPX) hitting records but expects a breather as geopolitical risks and oil volatility linger. He sees the Mag 7 led by Nvidia (NVDA), AMD Inc. (AMD), CrowdStrike (CRWD), and Palo Alto (PANW) maintaining a strong grip on markets, with eventual rotation into financials and defensive names. Corpina points to the Fed, midterm el...

Headlines surrounding Iran and claims the country wants nuclear enrichment independence added pressure to the stock market ahead of Wednesday's opening bell. Kevin Hincks makes the case that it shows discussions are happening between it and the U.S. As for U.S.-centric headlines, Kevin addresses the FOMC minutes and its capacity to move markets after the Fed made a unanimous decision to hike i...

NetApp (NTAP) has more than doubled over the last nine months, though as Tom White points out, the stock is becoming overbought. He highlights key support and resistance levels to watch as bullish momentum faces its next key test at all-time highs. Tom tuns to an example options trade for NetApp. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options invol...

Investors climbed the "wall of worry" toward all-time highs in the S&P 500 (SPX) and Nasdaq-100 (NDX) in a tech-led rally, says Kevin Mahn. He addresses reports that Nvidia (NVDA) and Micron (MU) are expected to lead to one-third of the S&P's earnings growth next year, though he sees opportunities in other corners of Wall Street. "Follow the money" in the AI trade a...

John T. Shea takes a closer look at the trend changes in Amazon (AMZN) Prime Days. He used to consider the event a "gadget sale" that has since expanded to broad consumer needs. John explains why the Mag 7 giant has evolved its catalog offerings over not just one span of days every year, but several. For October Prime Days in particular, he discusses the importance of holding an event li...

Keep an eye on volatility trends and the 10-year Treasury auction Wednesday as yields hover near multi-decade highs, says Kevin Green. Market breadth continues to serve as an anchor weighing down the broader S&P 500 (SPX) as the equal weight index shows lingering weakness. In equities, KG notes a pullback in SpaceX (SPCX) as reports indicate the company is aiming to buy $40 billion worth of Nv...

Netflix (NFLX) shares have seen what Charles Schwab's Patrick Ciummo calls an "aggressive" downspin over the last thirty trading sessions. However, on the one-year chart, oversold indicators suggest room for a bullish rebound. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/...

Tuesday's top takeaways focus on the international front, as Sam Vadas addresses the latest funding rounds in China's DeepSeek and Moonshot AI, while Marley Kayden talks about the widening trade deficit via the international trade in goods and service sprint. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter -...

There was a clear divide in stocks tied to the AI trade when it came to the best and worst performers on the S&P 500 (SPX). Marley Kayden discusses Constellation Energy (CEG) and its stock surge thanks to a new deal with Alphabet (GOOGL). Marvell (MRVL) rallied on its new ambitious growth plan. Meanwhile, Seagate (STX) and Western Digital (WDC) sold off over competition around a certain acquis...

Kevin Rubin, CFO of Zscaler (ZS), joins Market on Close to discuss why the cybersecurity company reaffirmed first-quarter and full-year 2027 guidance during the firm's investor day. As Kevin explains, AI is becoming the biggest tailwind for Zscaler due to customer needs to fend off cyberattacks from AI agents. He talks about ways Zscaler is scaling to assist its growing customer base while pro...

Samuel Kerr says rising sovereign yields with the US ten-year near 5.5% are spooking IPO investors and widening valuation demands. He sees investors keeping powder dry for Anthropic's roughly $100 billion IPO expected this quarter, while SpaceX (SPCX) carries more FOMO as a pure monopoly. Kerr expects Anthropic and OpenAI to return to markets repeatedly for capital given vast CapEx needs, and...

Paisley Nardini, head of investment strategy at Tema ETFs, calls this a bifurcated market with 70% of S&P constituents trading below their 50-day average even as the index hits all-time highs. She sees the Mag 7's strong earnings justifying their valuations and expects AI demand to keep driving sectors beyond tech, naming Constellation Energy (CEG) and healthcare as beneficiaries. Nardini...

Injective's Mirza Uddin says the failure of the Clarity Act turned out to be a blessing as the CFTC and SEC stepped in with innovation exemptions, giving builders clearer rules for the next five years. He sees tokenization of stocks, bonds, and real estate as crypto's biggest economic catalyst, with ETFs driving broader adoption among traditional investors. Uddin expects Bitcoin and Ethere...

Sam Klar, Portfolio Manager of the GMO Domestic Resilience ETF (DRES), says American reindustrialization has three major supports: bipartisan policy tailwinds, corporate America reshoring from China, and defense spending to counter a rising China. He takes a picks-and-shovels approach focused on quality and value, owning Union Pacific (UNP), Martin Marietta Materials (MLM), Jacobs Solutions (J), C...

The public markets don't reflect the long timeline it will take to make quantum computing technology profitable on a mass scale, says Cory Johnson. He compares quantum to "science experiments" that need more time to go beyond baby steps of revenue generation. That said, Cory sees IonQ (IONQ) as a unicorn among peers. Brendan Cavanaugh agrees that it will take time to develop the tech...

Lance Roberts believes Apple (AAPL) still has the "better mouse trap" for AI optimization despite a slower rollout in the evolving technology. He explains how the Mag 7 giant remains a core technology stock due to its wide reach across Wall Street, pointing to its iPhone Duo and iPhone 18 cycle as the next growth catalyst. Lance adds that a recent rally in tech stocks will lift Apple as...

HPE (HPE) shifting from a compute company into a networking company is something Zeus Kerravala sees as a positive shift for the firm's growth potential. He explains how Juniper technology, obtained through HPE's acquisition of Juniper Networks, gives the company added leverage with its AMD Inc. (AMD) partnership. Zeus then turns to HPE's role in the greater networking space amid AI&#3...

LikeFolio's Andy Swan says Constellation Brands (STZ) is in a strong position despite industry pressure, with Modelo and Pacifico seeing year-over-year gains while domestic beers like Bud Light and Coors Light decline. He assigns a moderately bullish earnings score of plus 33, noting the stock is in value territory and a turnaround is possible into this earnings call or the next. Swan says GLP...

Chris Latimer, co-founder and CEO of Vectorize and co-founder of Mattermost, Ian Tien, say agentic AI shifts the risk from what AI says to what it does, with AI agents that hack and agents that get hacked. They say infrastructure for agent identity, security, and controls barely exists yet, and external attacks pose greater scale while internal insider threats remain newer and harder to gauge. Bot...