Schwab Network

Kevin Green examines the state of global trade as equity futures hover around the unchanged line. President Trump's 50% hike on steel imports is just one piece of the puzzle, as KG highlights another area to watch: high shipping rates from China to North America, with light volumes. Later, he discusses CrowdStrike's (CRWD) post-earnings pullback. KG notes that shares had a hard setup tradi...

Dollar Tree (DLTR) has $1B in cash, something that Ed Butowsky says will keep the stock in a "growth mode" as it eyes expansion into old CVS Health (CVS) storefronts. He believes the tariff impact is hard to assess as even the discount retail companies themselves don't know how to give guidance. For Dollar General (DG) and Five Below (FIVE), he's less enamored with the business m...

Apple (AAPL) catches a rare downgrade as the analyst at Needham lowers its rating to Hold from Buy. Rachel Dashiell eyes the chart and says the stock has traded more like a "Lag 7 stock, than a Mag 7 stock," She compares AAPL to the broader information technology sector over the past year, but on a longer-term chart dating back to 2022 she finds the overall uptrend still intact. ========...

CrowdStrike (CRWD) shares are down after its latest guidance disappoints. HP Enterprise (HPE) rallies after its latest earnings report. And, Wells Fargo (WFC) gets a green light from the Fed. Diane King hall shares the latest ahead of Wednesday's open. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://sc...

Wes Cummins, CEO of Applied Digital (APLD), gives more insight into the deal his company and Coreweave (CRWV) recently signed. The company is building the data center facility in a town of 1,100 will offer 250 megawatts of power to Coreweave. Wes notes headwinds Applied Digital faced during the DeepSeek sell-off and how A.I. adoption has only accelerated since. ======== Schwab Network ======== Emp...

Donald Marleau says President Trump's increased tariffs on steel and aluminum will give more power to U.S. steelmakers but notes they will likely pass prices onto consumers. He points to historical stock prices and credit quality trends for steelmakers to show how companies like Cleveland-Cliffs (CLF) and Steel Dynamics (STLD) will likely handle tariff volatility. Aluminum isn't created eq...

Nvidia's (NVDA) earnings captured the attention of the markets last week, but there are other chip stocks capturing analyst attention today. Jenny Horne talks about why Barclays raised its price target on TSMC (TSM) while downgrading ASML Holding (ASML). She also points to a bullish note on Broadcom (AVGO) from Citigroup ahead of the company's earnings later this week. Rick Ducat dives int...

Charles Schwab's Joe Mazzola notes today's market action as a positive for investors but shares caution on its longevity. He sees dip-buyers scooping up less equities by the week, as Joe believes bulls are waiting for trade deal catalysts. In the bond market, Cooper Howard tells investors to brace for choppiness. He sees treasuries moving higher while the FOMC juggles a "labor market...

Markets repeated Monday's price action by starting the day lower before closing the session higher. CrowdStrike (CRWD) did not join other equities after hours, selling off after posting a mixed earnings report. Constellation Energy (CEG) lost its big rally after signing a 20-year deal with Meta Platforms (META). Dollar General (DG) was the leader in the SPX after its earnings showed strength i...

Tariffs and E.V. adoption are two major headwinds facing the auto industry. Karl Brauer discusses the impact of tariff uncertainty on car sales and inventory. Despite initial demand surges, Brauer expects a pullback in May, citing "pull forward" sales and inventory normalization. E.V. adoption also lags behind expectations due to range anxiety, limited charging infrastructure, and higher...

CrowdStrike (CRWD) sold off after a top and bottom line earnings miss. Current quarter guidance also slipped below Wall Street's estimates, despite raising full-year guidance. George Tsilis and Alex Coffey comb through the report and talk about what's driving the lower move, even with cybersecurity further entrenching itself as a mainstay in the technology space. ======== Schwab Network ==...

Ben Werkman shares his insights on Bitcoin's (/BTC) run and performance. He also discusses the rise of new players in the space. Werkman sees Bitcoin as a digital gold alternative, reiterating a common Bitcoin-bull belief. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Down...

"We've got to get more nuclear going," argues LikeFolio's Landon Swan. With tech outgrowing efficiency, he sees Constellation Energy's (CEG) deal with Meta Platforms (META) as a big win for the Mag 7 giant. Landon sees the company using that extra power to fuel its abundance of A.I. products. Despite the high price tag, Landon makes the case that "you have to be aggressi...

With the S&P 500 (SPX) near all-time highs Brian Huckstep urges investors to take a defensive stance, citing concerns over valuations, tariffs, and debt. While tech stocks like Nvidia (NVDA) have led the charge, he believes they may be due for a correction. He also likes TIPS, or inflation-protected Treasuries, as a fixed-income play. ======== Schwab Network ======== Empowering every investor...

Markets faced pressure in the middle of the trading session, though stocks managed to jump off the morning lows and close higher on the day. Kevin Green warns that downside risk is still possible with two open gaps in the SPX that could see a retest. A bullish indicator favoring SPX upside is the tech to utilities ratio, as Kevin explains the potential for tech to rally further. ======== Schwab Ne...

Illinois' new "sin tax" on sports betting may be a short-term pain for companies like DraftKings (DKNG) and FanDuel, but Morningstar's Dan Wasiolek says it's a manageable hit to margins. He expects the sports betting space to continue growing, even if new jurisdictions don't come online as quickly as expected. He points to a $30 billion revenue estimate for U.S. sports betting by 2030 and sees gro...

The April JOLTS data shows a mixed bag for the labor market, with more job openings than expected, but also a decline in quits and an uptick in layoffs. Jake Clopton and Jordan Rizzuto break down the numbers. They discuss the potential for a "soft landing" in the economy. They also share their thoughts on what to expect for the rest of the year and how it may impact the S&P 500. ====...

The amount of energy Meta Platforms (META) will buy from Constellation Energy (CEG) in its new deal can power a million homes, says Travis Miller. While the deal is huge when it comes to power production, Travis says there's too many unknowns in how huge it will be for either company's top line. That uncertainty reflected in Constellation's stock price today. Travis explains his bearis...

Kevin Horner says the S&P 500's (SPX) push towards 6000 is a "nice setup" for a potential higher close. He notes that the index has held above its 20-day moving average since April 22. On the individual stock front, Kevin is also watching significant moves in Astera Labs (ALAB) and Nebius (NBIS). ======== Schwab Network ======== Empowering every investor and trader, every market...

Melissa Armo expects a "wild" June in the markets. She shares hesitation on going long in the current environment, pointing to a lack of liquidity from big buyers as a bearish signal. Melissa adds that there's a conundrum in the FOMC, arguing that the Fed may not cut interest rates at all this year while tariffs create more of a burden on the American consumer. On stock picks, Meliss...

Ivana Delevska expects a slight beat in Crowdstrike's (CRWD) earnings, but she sees guidance as the most important metric. She argues that lots of upside is already priced into the stock and will need exemplary numbers to rally in an "overstretched" sector. Ken Mahoney adds that a raise will be needed to hold momentum in Crowdstrike's all-time high run. He believes the Delta Airl...

Dollar General (DG) shares surged more than 10% after beating earnings estimates, fueled by a strong consumer and solid job market. Jan Rogers Kniffen says DG's success is a sign of a resilient lower-end consumer. With wage growth outpacing inflation and low unemployment, Kniffen expects other discount retailers like Dollar Tree (DLTR) and Five Below (FIVE) to follow suit. However, he does exp...

David Finkelstein says the greatest strength in the economy is in the technology sector, driven by A.I. innovation and productivity enhancements. However, he sees the biggest risks on the fiscal side, citing the country's unsustainable level of debt and interest burden. Finkelstein believes tariffs will average in the low double digits, down from 18% previously, and expects the market to becom...

Nvidia's (NVDA) earnings showed conviction for broader A.I. adoption, according to Jessica Inskip. One headwind she's watching: China, and how tariffs can generate roadblocks for Nvidia's growth. Jessica also notes Kinder Morgan (KMI) as a stable trade amid volatility, and Verizon (VZ) as a solid yield play. Rick Ducat gives investors insight into the chart trends supporting Jessica&#3...

“Cracks are starting to reveal themselves” as the trade war drags on, warns Mitchell Barnes. He looks at the latest JOLTS report, which he calls “rather good” on the job openings end. Previewing Friday’s jobs report, he says that this will show us the biggest impact of trade policy so far. He notes that layoffs are slowly rising, and it could weaken the labor market more than we think. ======== Sc...