Schwab Network

Nvidia (NVDA) represents 18% of the S&P 500's (SPX) incoming growth and Micron (MU) represents 14%, says Liz Ann Sonders of Charles Schwab. She points to both stocks as a key signal that growth remains concentrated in the AI trade. Michael Townsend looks ahead to Jackson Hole and how Fed Chair Kevin Warsh will drop hints to the interest rate outlook. In D.C., Congress faces a contentious c...

Joe Lavorgna, chief economist at SMBC Nikko Securities America and former Treasury advisor under President Trump, believes investors are "hyperventilating" over bond moves and interest rates. He believes there's no reason to panic unless interest rates show a strong, disorderly move. Joe explains how recent economic data and discussions from the Fed ahead of the Jackson Hole symposiu...

"We're feeling pretty good about the bond market," says Jeffrey Rosenkranz, though he tells investors not to ignore the existing risks to fiscal policy. He believes now is a good time to lean into credit risk for bonds. Jeffrey helps you navigate the "rapidly" changing macroeconomic environment by highlighting spots in the bond market he sees opportunity.

Natalia Lojevsky discusses her expectations for Kevin Warsh and the Fed at the Jackson Hole symposium and ways it will affect the bond market. For bondholders expecting an interest rate cut anytime soon, Natalia says, "you're waiting for the wrong thing." She addresses the Treasury's move to boost liquidity on some long-term bonds to curb yields, calling the decision one that won...

"What's not to like" about Nvidia (NVDA) earnings? Andrew Graham says the report confirms his thoughts on the stock: it's a "must own" for investors. He outlines his bull case for Nvidia even as he outlines risks investors need to watch heading into the midterms. Some of Andrew's other top stock picks include Arista Networks (ANET), Cisco (CSCO), Snowflake (SNOW), a...

The AI buildout comes with about $1.5 trillion in lease obligations, according to Mona Dajani, who discusses how these numbers can shift if the AI outlook takes a sudden turn. She believes the AI race will only accelerate, though it's important to keep certain risks in mind as hyperscalers and other companies write contracts for their own data centers.

Value stocks gaining ground on Wall Street in recent weeks is a sign of market health Sam Miller likes to see. He believes sectors like healthcare and industrials moving higher with the broader market add muscle to sustain the broader rally. Sam says that's more important than ever until more companies can quantify how AI is growing their businesses.

Matt Maher says quarterly earnings aren't as critical to investors as much as "the story Jensen tells" on the future of the AI buildout. With investors turning their attention to the future of AI, Matt makes the case that Huang's vision for Nvidia is the story investors will use to gauge the rest of the tech evolution.

Lisa Martin offers more insight into Nvidia's (NVDA) beat and raise quarter by discussing the astronomical expectations into the report and whether the numbers were enough. She talks about the company benefitting from the "hundreds of billions" of dollars dedicated toward AI infrastructure as one that extends the Mag 7 company's runway. Collaborations and securing supplies amid s...

Nvidia (NVDA) earnings took the attention of Wall Street on Wednesday, though Marvell (MRVL) earnings Thursday will add more color to the full picture for AI chipmakers. Derek Yan says investors are underappreciating the data connectivity side of Marvell's business. That said, he sees the company's recent custom silicone partnership with Alphabet's (GOOGL) Google as a significant tailw...

Eddie Ghabour is telling clients to expect a ramp in volatility during September, which he sees opening the door to a "buy the dip" opportunity. He goes in-depth on how he's positioning portfolios, from buying gold ahead of the anticipated pullback, to AI chips like Micron (MU) and Marvell (MRVL) afterward. Outside of tech, Eddie names the healthcare as the sector to watch, naming El...

As the AI infrastructure story presents new investment opportunities, Neena Mishra of Zacks Investment Research points to photonics companies as one of the largest. The space includes everything from photonics-centric stocks like Lumentum (LITE) and Coherent (COHR) to chipmakers with less exposure like Nvidia (NVDA) and Broadcom (AVGO). Neena highlights photonic ETF opportunities she sees.

Brian Jacobsen says markets got a "sigh of relief" that PCE didn't come in higher than headline numbers showed, so long as core PCE doesn't leak into greater inflation woes. When it comes to the path ahead for interest rates, Ben Ayers doesn't think the print is enough for the Fed to raise yet. Both guests offer their takes on what July's PCE print means for the greater i...

"AI starts and ends with Nvidia (NVDA)," says R. "Ray" Wang, pointing to an anticipated earnings beat and tentative upside surprise in data center revenue to back his claim. He adds that the Mag 7 giant's Blackwell and Vera Rubin roadmaps remain strong as the company expands its reach. As CEO Jensen Huang makes a push to turn AI chips into an asset class, Ray discusses how...

Ran Grushkowsky, CEO of Masspay, discusses the outlook he sees for stablecoins as the Clarity Act sluggishly moves through Congress. As companies like Mastercard (MA) and Visa (V) expand their reach into the crypto space, he takes a closer look at how the fintech space is adapting to the blockchain.

Jeffrey Small sees an elevated risk of a correction in the coming weeks, as he outlines risks on both the macro and micro fronts. As for Nvidia (NVDA) earnings, he expects the company to beat and raise. While the Mag 7 giant has traditionally sold off after the report, Jeffrey sees a rally happening this time around. He offers his bull cases in Microsoft (MSFT) and Alphabet (GOOGL) due to AI ancho...

There's more opportunities in South Korea, says Ryan Myers, who points out AI memory having lots of room to run. His firm remains overweight in companies like Samsung and SK Hynix (SKHY). Among other industries Ryan likes in the years ahead for emerging and established markets: South Korean financials and Chinese construction. He later explains what makes Alibaba (BABA), PDD Holdings (PDD), an...

Lisa Martin offers more insight into Nvidia's (NVDA) beat and raise quarter by discussing the astronomical expectations into the report and whether the numbers were enough. She talks about the company benefitting from the "hundreds of billions" of dollars dedicated toward AI infrastructure as one that extends the Mag 7 company's runway. Collaborations and securing supplies amid s...

"Astronomical" numbers in Nvidia (NVDA) earnings won't be enough to impress investors focused on the future, says Hatem Dhiab. He expects earnings and guidance to be impressive, though Hatem tells investors to look beyond several quarters and instead watch what Nvidia has in store "several years" from now. Nvidia's diversification in the tech space and companies it part...

Steven Nigro says investors are becoming more selective in the stock market even as earnings show plenty of strength. He explains how he's helping his clients navigate the sudden changes to the greater market mindset as uncertainty circulates around interest rates. Another monetary landmine to keep in mind: volatility in the bond market.

"Tech is key to this market" and will be for some time, argues Michael Reinking, though keep the recent rotation in mind as investors offload some tech stocks. He adds that pressure coming from the Strait of Hormuz is squeezing price action in oil, contributing to weakness in the stock market.

Talley Leger is surprised to find himself more bullish than expected in 2026, highlighting a still-strong economy and neutral Fed to support his bullishness. He takes a "step back" perspective for investors and touches on how a Kevin Warsh-led FOMC opens the door for a deeper bull run. While there's some weakness in stocks as Wall Street weighs on inflation and job market goals, he t...

"There are no winners in a trade war," says Michelle Gibley of @CharlesSchwab, who points to consumers as a key losers. She sees that trend holding after the U.S. issued more tariffs against Canada. Michelle adds that the picture will be further complicated as trade relations between the U.S. and China turn murky. Kasey McCurdy tells investors to keep an eye on Fed Chair Kevin Warsh and...

The U.S.'s "warning shot" to Iran through issuing sanctions is something Peter Tchir sees leading to a "miserable" speedbump between U.S. and China relations. The reason? Crude oil and continued tensions centered on the Strait of Hormuz. Peter adds that the U.S. Treasury's big liquidity boost puts a band-aid over the concerns in yield increases but doesn't cover the...

After Bitcoin touched $80,000 for the first time since May, Cory Klippsten believes this uptrend signals the start of crypto's next bull run. He believes the added liquidity to bonds and liquidized shorts gave new life to Bitcoin, though he remains skeptical of the Clarity Act's power in expanding the runway. Cory sees $100,000 as a milestone that's back on the table for Bitcoin if it...