Schwab Network

Christopher Davis says equities showed remarkable resilience this quarter despite rising rates, AI slowdown fears, and weak market breadth. He notes 20% of the S&P 500 (SPX) fell 10% or more in September while 60 to 70% of stocks sit 20% below their highs, creating a rolling correction under the surface. He sees the Mag 7 reasserting leadership as a safety trade, with Meta (META) and Alphabet...

Micron (MU) closed out the third quarter on Wall Street with earnings that beat on every metric it reports on. Guidance also shows plenty of strength for Micron's forward momentum. However, the stock didn't move much from the unchanged line minutes following the closing bell. Marley Kayden, Sam Vadas, and Kevin Green explain how the lack of a CapEx outlook plus a sky-high bar for earnings...

Ryan Zurrer has three companies he believes are leading the new frontier of technology: SpaceX (SPCX), Anthropic, and OpenAI. On SpaceX, he sees a third of the company's revenue coming from AI compute and a quarter from Starlink, emphasizing its pivot toward AI as a critical move for the Elon Musk-led firm. Ryan adds that Anthropic's projected $100 billion run rate justifies the Claude par...

Mamadou Abou-Sarr, co-founder and president of V-Square Quantitative Management, says equities remain resilient with the S&P 500 up (SPX) about 2.8% for the quarter, driven by AI. He warns the 10-year yield above 5.3% could eventually overwhelm earnings growth, making a stronger case for active management and true diversification. He stresses that owning multiple asset classes isn't real d...

Stephen Schmidt, chief security officer for Amazon (AMZN), talks about how the Mag 7 giant is navigating the collision between AI and cybersecurity at scale. As Stephen discusses, the evolution of AI is forcing Amazon to change the way it reviews exisiting protections and how it creates new methods to fend off cyber threats. When addressing the AI safety discourse between companies like Anthropic...

Charles Schwab's Kevin Horner says the S&P 500 (SPX) is holding above 7,625 support with a potential pullback to 7,500 if it breaks. He sees Coinbase (COIN) building a bull flag off Bitcoin strength, with a move through 210 opening room to 230. He also flags Alphabet (GOOGL) tightening into a consolidation pattern, with a break above 335 signaling upside. ======== Schwab Network ======== E...

Todd Rosenbluth says ETFs have pulled in a record $1.5 trillion this year as investors increasingly use them as their default way to access markets. He highlights growing demand for active ETFs from BlackRock (BLK) and T. Rowe Price, plus thematic plays like the Global X Cybersecurity ETF (BUG). He also notes traditional firms like Northern Trust and Jensen are converting mutual funds into ETFs. =...

Stephen Sopko of HyperFrame says Micron (MU) is hitting on all cylinders with Q4 revenue expected above $50 billion. He's watching for signs that high bandwidth memory demand extends through 2027, as only Micron (MU), SK Hynix, and Samsung make HBM at scale. He sees the ITC patent complaint as legal noise, with price targets ranging up to $1575. ======== Schwab Network ======== Empowering ever...

SpaceX (SPCX) has seen plenty of success for its version 3 satellite launches, says ProcureAM CEO Andrew Chanin. The company's future space prospects, paired with real-time revenue generation from Starlink, offers what he calls a "tremendous opportunity" for its profit path. Andrew addresses the ways SpaceX is raising the landing pad for revenue expectations by lowering fundamental c...

LikeFolio's Megan Brantley says Visa's (V) spending momentum index flipped above 100 as more cardholders spend more than a year ago, mirroring the stock's 20% rally off April lows. She notes consumers feel worse than they have in 12 years per University of Michigan sentiment, yet actual spending data shows resilience in dining, retail, and travel. She sees no signs of a consumer slowdo...

The outlook for AI memory stocks remains bullish, according to Yaël Ossowski, who discusses Micron (MU) earnings just ahead of the report. "There's just not enough memory" to power AI demand, says Yaël, who points to "huge opportunities" Micron can use to leverage more pricing power. William Kerwin of Morningstar Wealth has an $850 price target for Micron despite expecting...

High concentration in tech stocks isn't a bad thing for short-term traders, according to Tim Bohen, who points to trading opportunities it presents across Wall Street. He names Nvidia (NVDA) as the long-standing AI giant with plenty of value, Bloom Energy (BE) as a tentative breakout candidate, and SpaceX (SPCX) as a company with strong potential in guidance. Rick Ducat backs Tim's analysi...

Bonnie Treichel says income planning is about preparing for markets rather than predicting them. She advises against the "set it and forget it" mindset, instead advocating for continually updating your financial plan as life and markets change. She also urges investors to tap into resources they may already be paying for, like 401k advisory services and CFP professionals, and to consolid...

The "reversal" of market reaction to Wednesday's core PCE print remains plagued by crude oil's price spike despite continuing earnings strength, says Dale Smothers. He expects those earnings to bring the S&P 500 (SPX) to 8,000 or higher by year's end. Dale tells investors to "buckle up," however, noting that the path higher will be bumpy. On Micron (MU) earnings...

Boeing (BA) has won a $20 billion contract to sell its next-gen fighter jets to the U.S. Navy. Marley Kayden explains the significance of the 11-digit sale and the lackluster price action to the headlines during trading late Wednesday morning. Prosper Trading Academy's Scott Bauer turns to an example options trade for Boeing. ======== Schwab Network ======== Empowering every investor and trade...

Micron (MU) shares are up over 500% year-over-year heading into Wednesday's earnings after investors saw upside in AI memory supply shortages. Paul Meeks believes the earnings will be great but points to guidance as the key question mark due to cyclicality concerns surrounding it and other peers like SanDisk (SNDK). That said, Micron's P/E ratio compared to the S&P 500 (SPX) is somethi...

Simon Lack sees upside risk to oil prices with crude potentially pushing above $100 as the White House holds back action until after the midterm elections. He says China remains a swing buyer that calibrates purchases based on price, and views US energy exporters as the big winners since America is a reliable supplier with rising volumes in any scenario. He also warns a diesel export ban would bac...

Market breadth is the key factor Nathan Peterson is watching in the S&P 500 (SPX). He explains why "there's some healing that needs to be done" in sectors beyond tech. Also mind the volatility he sees hitting markets at Wednesday's close due to the combination of Micron (MU) earnings and quarter-end rebalancing. Nate looks ahead to October and tentative headwinds he sees weig...

Kevin Green tells investors to keep an asterisk next to the core PCE print that lifted equities at the beginning of Wednesday's trading session. He makes the case that the year-over-year metric will be the most important one for investors to mind. The latest GDP read shows an uptick driven primarily by AI spending. Speaking of AI, KG discusses the "White House Accord on Super Intelligence...

Adam Coons says the Fed is unlikely to raise rates again despite consensus, as the consumer nears a breaking point with mortgages above 7%. He warns that tech names with stretched valuations and refinance risk, like Oracle (ORCL), could get punished this earnings cycle. He also likes Japanese financials and Southeast Asian semiconductors for diversification and prefers higher-dividend energy names...

Citi downgraded Moderna (MRNA) following the stock's astronomical rally in recent weeks. Boeing (BA) pens a $20 billion deal with the U.S. Navy for its next generation fighter jets. Jabil (JBL) shares didn't move much on its earnings beat and strong guidance. Diane King Hall turns to the biggest stories moving markets following Wednesday's opening bell. ======== Schwab Network ========...

Mike Talaga breaks down hyperscaler debt issuance surging toward $400 billion next year and why the AI buildout differs from the telecom boom. He's bearish on generic investment grade tech debt due to supply pressure but likes utilities and former Bitcoin miners transitioning to AI data centers for yield. He also sees a rotation from money markets into credit as rates move and investment grade...

Core PCE flashed a green light for equities when the print came in lighter than expected. Kevin Hincks runs through the report to explain how it significantly reduces interest rate hike probabilities for October. He then runs through the GDP and ADP employment data to add more color on both sides of the U.S. economic picture. Kevin turns to reports from JPMorgan and Goldman Sachs which state that...

Micron (MU) reports earnings after Wednesday's closing bell as the unofficial close to earnings season. Rick Ducat analyzes the technical trends he sees in the AI memory chipmaker's stock chart and shows key levels to watch following the company's report. He then turns to an example options trade for Micron. ======== Schwab Network ======== Empowering every investor and trader, every m...

Caleb Silver says investors his company surveyed still feel confident overall in the stock market, though the percentage saw a significant drop. Higher crude oil prices, interest rates, and Treasury yields all pile onto concerns that an AI bubble continues to grow. Caleb talks about why investors surveyed by Investopedia are moving out of key software names like Palantir (PLTR), Microsoft (MSFT),...