Schwab Network

In the race between hyperscalers to capitalize on the AI trade, R. "Ray" Wang says Alphabet (GOOGL) "is killing it" through Gemini and cloud expansions das booth boost in AI-related revenue. He explains what makes it different from Microsoft (MSFT), Meta Platforms (META), and Amazon (AMZN). As for Oracle (ORCL), Ray discusses whether the cloud company can justify its ballooning...

Nike (NKE) shares plummeted to historic lows following yet another earnings report showing weakness in the company's turnaround plan. Marley Kayden discusses key metrics in the legacy athletic company's report to help investors gauge the stock's forward momentum. Dan Deming offers an example options trade for Nike. ======== Schwab Network ======== Empowering every investor and trader,...

There's some strength under the surface of the weaker-than-expected September jobs report, though as Collin Martin of Charles Schwab states, pointing to stability for the labor market. However, Treasury yields are keeping equity investors on edge. Alexanandra Semenova addresses concerns of market breadth with the S&P 500 (SPX) Equal Weight hitting its seventh straight week of losses, a rar...

Ken Kim of KPMG says the latest jobs report shows payroll growth stalling and paychecks losing ground, giving the Fed room to hold off on a rate hike this month. He still expects a December hike as inflation remains too hot, with PMI price measures rising and elevated energy costs feeding pipeline inflation. He also notes that immigration losses are tightening labor supply and pushing up wages in...

Jason Ware believes the latest earnings season sets a bullish case for the tech trade, even if volatility keeps a hold on stocks short-term. When it comes to Nvidia (NVDA), he outlines why he still sees a bull case for the mega cap and explains how its business offers a lift for other Mag 7 names. That said, Jason tells investors to be aware of risks that persist in the stock market, from a potent...

Diawa upgraded HPE (HPE) to outperform from neutral. Morgan Stanley reiterated Nvidia (NVDA) as the firm's top pick. OnSemi (ON) and Synaptics (SYNA) amended details to their coming merger. Diane King Hall turns to the top tech movers kicking off Friday's trading session. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute...

Bob Shea, CIO of Dynasty Financial Partners, says the latest jobs report offers a much-needed reprieve in the bond market. He sees the economy splitting between an AI-driven index rally and rate-sensitive sectors like housing, autos, and retail under pressure, while AI remains transformational and in very early innings. He expects positive seasonal tailwinds into midterms and potential policy init...

The September jobs report wasn't as weak as investors may believe, says Kevin Hincks. 29,000 nonfarm payrolls additions came in well-below median expectations of 85,000, though as Kevin points out, investors are shrugging off the print. It also cut into expectations for the Fed to hike interest rates in October. On the international front, Kevin discusses crude oil's price decline as the E...

HPE (HPE) has more room to the upside, according to an upgrade from Daiwa, even though the stock already climbed more than 160% over the last 12 months. Rick Ducat shows the bullish and bearish trends he believes are the most important to watch in HPE's forward moves. He turns to an example options trade for HPE. ======== Schwab Network ======== Empowering every investor and trader, every mark...

Joe Brusuelas of RSM US discusses the weaker-than-expected September jobs report. The month saw an additional 29,000 nonfarm payrolls against median consensus of 85,000. Joe says the print confirms a "no hire, no fire" jobs market aggravated by U.S. immigration restrictions. He adds that the report will make an interest rate hike in October very unlikely. That said, Joe believes two rate...

James Boyd of Charles Schwab says Airbnb (ABNB) is more tightly correlated to crude oil moves than investors realize. He outlines the short-term price action of the stock and compares it to crude to highlight why. James also notes a bull case for Airbnb if the stock can stay above $160. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market...

Friday's trading session is starting with some reprieve thanks to a tick lower in crude oil and Treasury yields. Tom White sets expectations for investors ahead of the opening bell. On the AI trade, he explains why Morgan Stanley is reiterating its top pick in Nvidia (NVDA), with Tom discussing why hyperscaler CapEx is important to keep in mind moving forward. Also on his radar: adjustments to...

A lot of what is happening in equities right now has a lot of similarities to 1994, says Gina Martin Adams, pointing out a booming economy and a Fed raising interest rates as the central points. The steady rise in Treasury yields adds to signs of strain for equities, as Gina points to sectors at the greatest risk of volatile moves. ======== Schwab Network ======== Empowering every investor and tra...

Accenture (ACN) closed as the S&P 500 (SPX) leader on Thursday's session following earnings, while Nike (NKE) investors looked for a clear jump in a turnaround story in its earnings. Paramount Skydance (PSKY) sold off as it looks to close its merger with Warner Bros. Discovery (WBD) in the coming days. Marley Kayden carries investors through the top stories of the trading day. ======== Sch...

Alphabet (GOOGL) and SpaceX (SPCX) take what both companies consider a big step for AI's expansion into the final frontier. On Earth, Oracle (ORCL) signs a multi-billion-dollar deal with Tencent. Marley Kayden and Sam Vadas discuss their top takeaways of Thursday's session. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minu...

Michael Lohan, CEO of IDA Ireland, says foreign direct investment has been transformational for Ireland's economy across technology, semiconductors, healthcare, and fintech. US multinationals like Pfizer (PFE), Microsoft (MSFT), Alphabet (GOOGL), Apple (AAPL), Meta Platforms (META), Johnson & Johnson (JNJ), and Eli Lilly (LLY) have operated there for decades, with Intel (INTC) investing a...

Yogesh Gupta, CEO of Progress Software (PRGS), says the company delivered strong earnings with EPS above guidance, cash flow up 17% year over year to over $87 million, and a 43% operating margin. He recently completed the acquisition of Domo, a roughly $300 million business that brings consumption-based AI use cases and real-time data integration to power AI agents grounded in factual data. He say...

A disconnect continues to widen between diesel prices and fuel production, says Adam Lampe. He addresses how gasoline price spikes are a "consumer problem " while diesel is an "economic problem" as a part of his explanation. Adam adds that the U.S.'s tentative ban on diesel exports will create many more headwinds than tailwinds domestically and across the globe. ======== Sc...

Brace for October seasonality, or lack thereof, in crypto, says Jim Farraioli of Charles Schwab. He makes the case that Bitcoin and Ethereum's recent rally will raise the bar for the cryptocurrencies to make a steeper run higher. Jim adds more insight into the race to bolster regulation for crypto assets and how investors are seeing it as a "rebirth in the debasement trade." ========...

Jamie Harrison, head of ETF Capital Markets at MFS Investment Management, says active management is resonating as investors seek to diversify away from historic concentration in passive products tracking a handful of stocks. He highlights new short duration fixed income ETFs for rate-sensitive clients and sees compelling opportunities in international and emerging markets. He advises staying inves...

Susan Spence of the ISM Manufacturing PMI says the September report was steady but prices leapt 6.8 percentage points back to levels not seen since the start of the Iran war. She flags production down for a second straight month and tariff uncertainty as concerns, while noting 23 consecutive months of broader economic growth. She sees no industrial revolution in manufacturing but says the AI data...

David Trainer is making what he calls his "boldest call ever" that the AI bubble "is about to pop" due to liquidity squeezes. New market dynamics from increased inflation and Treasury yields are key components backing David' bear case. He adds that IPO valuations in companies like Anthropic, OpenAI, and SpaceX (SPCX) don't make sense when examining balance sheets and pu...

Ivan Feinseth says Micron (MU) posted an incredible quarter with revenue up over 250% and earnings up over 800% as memory demand far exceeds supply. He sees a long investing cycle ahead and names Nvidia (NVDA), Intel (INTC), and SanDisk (SNDK) as core AI infrastructure picks, while viewing the MongoDB (MDB) pullback and Microsoft (MSFT) recovery as buying opportunities. He also likes Meta Platform...

LikeFolio's Megan Brantley says Nike (NKE) demand is rising but off a very low bar, with about a third of its U.S. catalog on sale and promotional activity accelerating. She sees running lines like Vomero and Pegasus as the brightest spot as Nike courts runners back from Hoka and On Holding (ONON), while lifestyle, sneakers, and Jordan Brand continue to struggle. LikeFolio's earnings senti...

Jay Mehta says resilient GDP and cooling PCE make a stronger case for a soft landing, but soft labor market internals and rising long-term yields create a core tension for investors. He sees consumer fatigue as the biggest risk and stresses selectivity as elevated yields pressure valuations. He remains positive on AI infrastructure, where revenue growth is building despite high discount rates. ===...