Schwab Network

The disconnect between company earnings and reaction in stocks is the key factor Alexandra Semenova of Charles Schwab is watching this earnings season. She believes it shows a sky-high bar being set for the months ahead as market breadth remains low. Cooper Howard talks about the "two conflicting narratives" between fixed income and the AI trade. Those narratives also conflict with the F...

Gene Goldman says the AI trade is far from over, but the next winners could extend beyond chipmakers into data centers, power, healthcare and financials. He remains bullish on technology and communication services while seeing opportunities in sectors that can use AI to improve productivity and margins. Goldman also favors fixed income as yields move lower and expects the Fed to hold rates steady...

The inflation narrative is still intact when looking at the latest round of import and export prices, according to Kevin Green. He explains how the dynamic sets the stage for the Fed's interest rate meeting at the end of October and complication for the final quarter of 2026. However, equities may get a lift from a falling U.S. dollar. One stock KG's keeping an eye on is Walmart (WMT) as t...

BofA issued a double upgrade for Fox Corp. (FOXA), sending shares of the legacy cable and entertainment company surging into the opening bell. Charles Schwab's Ben Watson explains how the stock is digging itself out of a fox hole with Friday's move and highlights key support and resistance areas ahead. He turns to an example options trade for Fox. ======== Schwab Network ======== Empowerin...

More bearish headlines for the AI trade hit Western Digital (WDC) and Seagate (STX) after Wells Fargo slashed price targets for both. Diane King Hall says the lower price targets don't necessarily indicate a heel turn from the firms' bullish stance. In the entertainment space, BofA's double upgrade in Fox Corp. (FOXA) gave green light for a bull run in the stock, though Netflix (NFLX)...

"You have to be very cautious, and you can't through the baby out with the bath water," says Kenny Polcari, making the case that there is opportunity so long as you mind macro risks ahead. He remains overweight in tech but sees opportunities in defensive sectors like consumer staples amid the lingering volatility. In tech, Kenny points to Micron (MU) and other AI memory stocks as key...

Henry Schwartz breaks down the surge in options trading, with volume on pace for another record year as retail investors flock to 0DTE and other short-dated strategies. He explains how traders are using options in Nvidia (NVDA), Tesla (TSLA) and Apple (AAPL), while bullish call buying continues to dominate single-stock activity. Schwartz also discusses growing index and ETF options volume, AI-powe...

Crude oil is moving to the downside, but keep your head on a swivel for Friday's trading day, says Kevin Hincks. AI volatility being top of mind for investors is something he believes will lead to steeper volatility on the trading session if the right headline hits. Looking ahead to the Fed's interest rate meeting at the end of October, Kevin offers his takeaways as to whether we'll se...

The Fed's October meeting on interest rates is up in the air as inflation keeps a chokehold on the U.S. economy. Justin Wheeler offers his perspective on the interest rate outlook as debt liquidity spikes, signaled in part by elevated Treasury yields. The housing market isn't seeing any reprieve, either, something Justin sees struggling for some time ahead as recent homebuyers worry about...

Eric Beiley discusses why investors are retreating from AI stocks into more defensive sectors. Key factors driving his thesis include mounting geopolitical risk, rising Treasury yields, and caution heading into the upcoming midterm elections. While he believes mega cap names like Microsoft (MSFT) and Alphabet (GOOGL) will continue to show strong earnings growth, he urges investors turn to corners...

There's a bull flag set-up James Boyd of Charles Schwab sees forming in Workday (WDAY). Shares have recently consolidated following a steady rally during the back half of the summer. He takes investors through the key levels he's watching in the stock chart to explains why bulls can take command of momentum. ======== Schwab Network ======== Empowering every investor and trader, every marke...

Crude oil is settling near $96 just ahead of Friday's trading session, though Treasury yields ticked to the upside. Tom White discusses the key moves to watch ahead of the last opening bell of the trading week. One key mover to keep tabs on today: the AI trade, which continues to see lingering volatility from CoreWeave (CRWV) and memory names like Micron (MU). Tom also talks about Tesla (TSLA)...

CoreWeave (CRWV) and other neoclouds plunged on the day before making a sharp rebound into the close. A sixth straight quarter of record net profits wasn't enough to lift TSMC (TSM) shares. Intuit (INTU) rallied after acquiring Sequence, an AI-native revenue management platform. Marley Kayden carries investors through the biggest stories of a volatile trading session. ======== Schwab Network =...

Sam Vadas and Marley Kayden turn to key economic data for their top takeaways on Thursday's session. They point to PPI as the day's most important print due to the trends shown in Wednesday's CPI. However, don't ignore retail sales either, which climbed because of the surge in energy prices. ======== Schwab Network ======== Empowering every investor and trader, every market day. Su...

Michael Monaghan says Anthropic and Iran are the two forces driving the market, with continued AI CapEx and earnings growth supporting stocks while geopolitical escalation remains the biggest risk. He is encouraged by Anthropic’s reported growth and believes its eventual IPO could be a major catalyst for the broader market and AI trade. Monaghan also argues concerns around CoreWeave (CRWV) and AI...

Sam Radwan weighs China’s booming exports and rapid AI innovation against a consumer economy still struggling with weak confidence, real estate problems and youth unemployment. He sees a long-term, L-shaped recovery and says AI-driven efficiencies may actually worsen employment pressures rather than trickle down to consumers. China’s fierce AI competition is producing impressive innovation, but pr...

"People are starting to question" the AI debt financing story, says Max Wasserman, making the case that investors want to see more profitable use cases for the evolving technology. He still believes in the long-term AI narrative and names Alphabet (GOOGL), Microsoft (MSFT), and Broadcom (AVGO) as winners, though he "wouldn't chase" any at the moment. As far as investment op...

Bitcoin dipped below $80,000 for the first time in roughly a month Thursday before rebounding later in the session. Adam Lynch of Charles Schwab turns to what he's watching when it comes to price action in Bitcoin and Ethereum as they remain 25% and 35% lower year-over-year, respectively. That said, Adam believes Bitcoin trends point to the cryptocurrency's momentum staying intact long-ter...

J.B. Hunt (JBHT) reports earnings after Thursday's closing bell as the stock trades more than 20% off its record high. Rachel Dashiell of Charles Schwab points out that shares are currently trading at a historical support level and offers a slight bullish divergence for the stock's momentum. She turns to an example options trade for J.B. Hunt. ======== Schwab Network ======== Empowering ev...

Alphabet (GOOGL) is a uniquely-positioned company in the AI space that has more room to run, says John Belton of Gabelli Funds. Google Cloud is the biggest piece to the growth puzzle, as he points to the Mag 7 giant's vertical integration of the technology as a key indication to long-lasting strength. As for the search business, John discusses how the legacy component to Alphabet has withstood...

Elon Musk is the "Pied Piper" of tech, says Lauren Fix. The Tesla (TSLA) CEO has promised exciting details Thursday night for the company's Roadster vehicle. As she explains, the Mag 7 giant faces steepening competition from both automotive and tech giants alike. CFRA's Garrett Nelson tells investors not to get caught up in the hype and look for a clear release timeline, features...

iCapital's Nick Parcharidis breaks down MPIM, an ETF designed to generate higher monthly income through laddered autocallable strategies. He explains how the fund can complement traditional bonds and dividend stocks while using weekly laddering and a coupon-memory feature to help manage market risk and create more consistent income. Parcharidis also discusses how the underlying momentum index...

ICSC President and CEO Tom McGee says consumers remain resilient heading into the holidays, with retail sales projected to grow 4.3% to 4.9% and holiday-specific spending averaging about $650 per person. But spending is increasingly divided by income, with the top 10% of earners expected to spend five times the average while other consumers remain pressured by inflation and prices. McGee also disc...

LikeFolio's Megan Brantley breaks down improving consumer demand for Walmart (WMT) as inflation pushes shoppers toward value, store brands and cooking at home. She points to lower price complaints, stronger e-commerce trends and growing membership and advertising businesses as support for Walmart’s long-term story. But with the stock trading at a premium valuation, the bar remains high for Wal...

Melissa Otto says TSMC (TSM) earnings were great but believes investors' focus on CapEx and overall AI skepticism has hit the stock. Josh Kaplan shares concerns that cyclicality of the AI chipmaking space may expand as an overhang for the industry. Both guests address these headwinds and how they conflict with rising interest rates, another risk forming in the AI trade. ======== Schwab Network...