Schwab Network

ASML Holding (ASML) is "the machine that makes the machine," says Joe Tigay, referring to its importance in Nvidia's (NVDA) chipmaking process. While the stock closed the gap from April lows, he says outlook will continue to be key for the company. Joe also notes Alphabet's (GOOGL) prospects on future tech and Crispr Therapeutics (CRSP) as an unsung A.I. biotech play. Joe offers...

Meta Platforms (META) is looking to build numerous multi-gigawatt data centers that CEO Mark Zuckerberg says make up a "significant part of the footprint of Manhattan." Marley Kayden says that may not be the only piece of news moving the stock. She points to a report from the New York Times saying Meta is considering abandoning its open-source A.I. model, Behemoth. Tim Biggam offers an e...

Ben Weiss covers “Crypto Week” on Capitol Hill and argues if the market structure bill is passed, Bitcoin will head higher. “We have a lot of room to go from here.” He explains why the GENIUS Act is so important for the industry and the role stablecoins play in the crypto ecosystem. “This administration wants to make the U.S. the crypto capital,” Ben adds. ======== Schwab Network ======== Empoweri...

Wells Fargo (WFC) was one big bank that traded lower following the pipeline of earnings this morning. Alexander Yokum points to tariffs as the culprit, noting the company's weaker guidance for net interest income. However, the company's investment banking sector continued to show strength. Alexander weighs Wells Fargo against other big banks to determine how it stands against its peers. To...

Citigroup (C) saw its 2Q profit jump 25% thanks to a strong reversal of momentum toward trading and investments through the big bank. CoreWeave (CRWV) soared after announcing a $6 billion investment into a new Pennsylvanian data center. The Trade Desk (TTD) also rallied more than 10% with prospects of joining the SPX on Friday. Diane King Hall takes investors through the biggest movers this mornin...

On the backs of a "tamer than expected" CPI print and positive Nvidia (NVDA) news, both the Nasdaq-100 (NDX) and S&P 500 (SPX) notched new all-time highs. Alex Coffey joins Morning Trade Live with a look at Tuesday's breakout over the past 5-day trading range. He says $6280-$6290 could be an area of support to watch to the downside should the opening bell rally pull back. =======...

Michelle Gibley looks at China GDP’s “pretty strong numbers” and breaks down the report. “The problem for them is that the consumer is very weak.” However, she thinks there’s not an “urgent” reason for the Chinese government to stimulate its economy. She sees U.S./China relations “continuing to thaw,” but there remain many unknowns, including around semiconductors. Turning to Japan, she sees volat...

Nvidia (NVDA) rallied 5% in the premarket hours after President Trump approved chip exports to China. Jenny Horne talks about how this development opens the door to another run higher for the A.I. giant. On big banks, Jenny takes a closer look into JPMorgan Chase's (JPM) earnings beat and Wells Fargo's (WFC) reasoning for lowering expectations on net interest income outlook. ======== Schwa...

Core CPI came in at 0.2%, slightly below Wall Street estimates of 0.3%. Kevin Hincks reports from the Cboe Global Markets and breaks down the report by sector to analyze what it means for inflation and the Fed's rate cutting cycle. Big banks traded mostly lower in the premarket after JPMorgan Chase (JPM), Citigroup (C), and Wells Fargo (WFC) reported earnings. Kevin talks about how these compa...

DoorDash (DASH) starts the day with a downgrade to a hold rating from Jefferies. Rick Ducat examines the food delivery stock's upward channel off of April-lows, but notes the downward trend in the RSI study. For recent options open interest, he points to a range between $230-$260 on the call side. Later, Tom White demonstrates a call vertical strategy and sells an example trade with a bearish...

Joe Brusuelas says "Initial reporting was over-optimistic" on the latest CPI print. He points to tariff-induced price activity in certain parts of June's inflation data. Joe now believes the Fed won't likely cut rates until December, and is eager to watch today's pundits debate the central bank's next move. He says "stagflation-light" could be a term to best des...

Chris Versace says "not all banks are the same" as he reacts to this morning's earnings from JPMorgan Chase (JPM). Comparing it to other bank stocks, Chris says he's been long Morgan Stanley (MS) and highlights the latter's exposure to trading. For Citigroup (C) and other financial stocks, he says "who wins where" is going to be important moving forward. Chris discu...

Andrew Wang says despite the tariff news, markets keep climbing higher and that banking earnings provide a good read on the rest of the economy. In the wake of bank earnings from JPMorgan Chase (JPM), Citigroup (C) and others, he says trading volumes appear to be remaining healthy as investors look at future government spending post "One Big Beautiful Bill." In terms of global trade, And...

Alphabet (GOOGL) announced plans to spend up to $25B to expand its data center presence in America. Ben Watson drops by to look at the technical chart perspective on the Mag 7 stock. In the past 5 days, he looks at a range between $177-$182. On a longer-term chart, he sees a sideways trend over the last year. Ben says to watch tests of the $182 level, but also cautions of some bearish divergence i...

The first day of a packed week on Wall Street opened with stocks in the green, which included an all-time high showing from Bitcoin and a closing high in Coinbase (COIN) as "Crypto Week" begins in Washington. It was a mixed picture in the fintech space with PayPal (PYPL) getting an upgrade while Affirm (AFRM) received a downgrade. Boeing (BA) shares reached highs not seen since January 2...

Diane King Hall moderates a special Market Overtime episode with two respected Wall Street Minds. Jay Woods joins Diane at the NYSE set to preview this week's big bank earnings and explains why he's "very bullish" on the financials group. Later, Gareth Soloway dives into the technical levels to watch in some of the biggest names around, including Nvidia (NVDA) and GE Vernova (GEV...

Profusa CEO Ben Hwang joins Marley Kayden to discuss the company's digital health platform that enables real-time monitoring of body chemistry, and how its wearable biosensor technology could revolutionize the future of medicine. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscri...

Tony Zipparro expects an average of 4% to 9% earnings growth across markets for the quarter. It's a confident projection, but Tony notes that market reactions can vary due to stocks seeing impressive upside action over recent weeks. He offers deeper analysis behind price action projections as markets trade around all-time highs. ======== Schwab Network ======== Empowering every investor and tr...

Tuesday morning's CPI report is one Charles Schwab's Collin Martin expects to be "pretty important" to the market, but one that won't signal a trend to the FOMC's rate cut cycle. Even if the number comes in cooler than projected, Collin warns it could be for the wrong reasons. On tariffs, Mike Townsend says investors have learned not to overreact to tariffs, but warns unc...

Scott Bauer surveys the commodities markets. He is still “moderately bullish” on Bitcoin as it hits news highs but is a “little concerned” about a “buy the rumor, sell the news” event this week. On the U.S. dollar, he attributes its recovery to euro weakness and says there’s still pressure to move lower. He previews the June CPI report, released tomorrow morning, saying the market could sell off i...

With many banks set to report earnings this week, Rick Ducat gives investors a closer look into the financial sector and show corners of the industry they should watch. As he explains, the sector has outperformed the SPX. Rick turns to chart technicals in the Financial Sector SPDR ETF (XLF) and PayPal (PYPL). ======== Schwab Network ======== Empowering every investor and trader, every market day....

Pierre Buhler previews big bank earnings. He expects financials to continue to improve but notes an increase in bad debt. He thinks regional banks are the most exposed to risk and says to keep a close eye on their reports this earnings season. He likes JPMorgan (JPM) and Goldman Sachs (GS), citing their “focus.” He also notes Wells Fargo (WFC) becoming “very, very powerful” again after its asset c...

“Over the long-term, it does trade higher,” Jake Clopton says of Bitcoin as it hits an all-time high above $120K. He sees “interesting corners” of the crypto market beyond Bitcoin as well. He thinks the Fed could cut rates in September, with only one cut this year. Jake says people need to cut through the noise and focus on their dual mandate to see what’s coming next. Turning to housing, he think...

Jeff Zananiri and Charlie O’Shea recap Amazon’s (AMZN) Prime Day event. They look at the latest analytics on consumer spending. Charlie notes that Amazon is under pressure to top itself every year. He argues that sales don’t matter, but acquiring and retaining new Prime members is the key. Jeff thinks that expanding Prime Day to multiple days signals nervousness from Amazon (AMZN) and is looking a...

Martin Leinweber spotlights Bitcoin’s breakout, spurred higher by bullish sentiment around the House’s ‘Crypto Week.’ He thinks the digital gold argument “makes sense,” and points out a “rare positive divergence” from equities. He says this shows Bitcoin is changing from a tech proxy into its own product. He discusses stablecoins, which he thinks will lead to “billions” entering the crypto space a...