Schwab Network

Keith Kirkpatrick says Adobe's (ADBE) earnings will be all about A.I. after hours on Thursday. More specifically, he believes Adobe needs to show how A.I. can translate to profits through its products and explain how it can be trustworthy with the evolving tech. Keith adds that the software giant faces emerging competition, including Canva, which is expected to IPO in late 2025 or early 2026....

Apple (AAPL) got a pair of downgrades from DA Davidson and Phillip Securities over concerns it's not taking A.I. seriously enough. Sam Vadas notes that she didn't expect to see much about A.I. at its recent product event but notes the downgrades signal that Apple needs to change its software narrative. She stays on the tech front and describes how valuations in AMD Inc. (AMD) play a key ro...

The A.I. trade still has legs to run. Jenny Horne notes price target hikes in Oracle (ORCL) that helped continue its rally into Thursday. Additionally, a Nvidia (NVDA) upgrade from DA Davidson added momentum to the A.I. thesis. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Dow...

CPI showed a headline .4% increase, but what Kevin Hincks finds fascinating is how energy showed an increase where it decreased in the PPI. He talks about the differences between the prints and what it means for the inflation picture. As for the labor front, Kevin notes a higher-than-expected jobless claims number that he believes sets the Fed on a certain rate cut for September. ======== Schwab N...

Jessica Kriegel expects the labor market to worsen over the next two months. She thinks big companies have “overhired” and are laying off those workers as they wait to see if AI can replace a larger percentage of jobs. She notes that losses in retail, leisure and hospitality reflect a consumer spending pullback. She discusses how tariffs and potential rate cuts could affect the economy, and how th...

Kevin Green says the SPX shows signs of bullish momentum through technicals, particularly with levels currently hover above the 20 and 50-day SMA. He also notes an influx in calls on the options front adding confidence to the bull thesis. Kevin turns to the international front and explains why investors will want to keep their eyes on Chinese stocks. Then there's the VIX, as he talks about wha...

Ahead of Adobe (ADBE) earnings, Rick Ducat breaks down the chart patterns taking shape for the software company. The stock has been in a downtrend over the past year, with shares down nearly 38% from 52-week highs. Rick utilizes the RSI momentum and volume studies to provide technical insights into Adobe's recent trading activity. Then, Tom White composes an example trade using a neutral to bu...

"The labor side is where we should be focused on," says Jack Janasiewicz. He reacts to the latest weekly jobless claims that saw a nearly 30k upside surprise, while August CPI data revealed consumer prices rose at an annual rate of 2.9%. Jack provides his roadmap for the Fed's potential rate cut plan in 2025 and into 2026. In terms of market volatility, he says there could be an argu...

Burt Flickinger joins Diane King Hall at the NYSE set to dive into the retail and grocery sector. He says Kroger's (KR) latest earnings report "couldn't have been better" and says they'll "mop the floor with Albertsons (ACI)." Burt believes the scuttled merger between Kroger and Albertsons was ultimately a better course of action. In terms of approaching the retail...

Brett Crowther looks at Chewy (CHWY) after the pet company's latest earnings report. On a short-term, he says the recent drop looks like it's "turning around like a dog lost in the park not knowing where to go." For a 1-year chart, he underlines support levels at $34 with upward resistance at $44. Prior to Thursday's open, Deutsche Bank and Seaport Global upgraded the stock t...

"We haven't seen a lack of liquidity," says Kevin Green. He kicks off Morning Movers with a look at this week's rally bucking historical seasonality trends in September, being fueled by Oracle (ORCL) and the A.I. trade. To the upside, KG's watching $6575 for the S&P 500 (SPX) with $6485 as a potential downside range. He says rotation patterns taking place could be pretty...

Markets closed mixed following a lighter-than-expected PPI print and ahead of Thursday's CPI report. Oracle (ORCL) clearly led the way with a massive rally off guidance that wowed investors and analysts. Synopsys (SNPS) saw a near-opposite reaction after showing weakening guidance and concerns on China export restrictions. Klarna (KLAR) had a successful first session on public markets with inv...

Oracle's (ORCL) earnings "weren't good at all," says Nigam Arora, "but the projections were eye-popping." He talks about the attainability of the company's projected 800% cloud infrastructure revenue goal between fiscal 2027 and fiscal 2030. Nigam makes the case that Oracle's money flow below the surface of projected deals faces significant headwinds. ======== S...

Daktronics (DAKT) hit an all-time high after the electronic scoreboard company posted a home-run earnings win. It also scored major orders through multiple large stadium projects. George Tsilis shows investors how Daktronics read the field and stepped up to the plate for Wednesday's rally. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the...

Kathy Jones with Charles Schwab calls Wednesday's PPI print a "mixed bag" underneath the headline number, pointing to profit margins as a key weakness. When it comes to the FOMC's September meeting, Kathy notes the "resilient" inflation pressure posing a challenge to the Fed's dual mandate but expects a 25bps interest rate cut. Joe Mazzola turns to equities in the A...

Dan Deming covers commodities. He thinks crude could fall back into the 50s if it breaks support here despite its gains today. He says “pressures in the market favor” gold, and he doesn’t expect them to “leave anytime soon.” He also looks at bitcoin, arguing that its price cycles are growing longer, explaining the stall here. ======== Schwab Network ======== Empowering every investor and trader, e...

The SPX tapped new all-time highs before retesting a gap to the downside and closing near session lows. Kevin Green notes what makes the move perculiar, including rallies in energy and utilities despite Oracle's (ORCL) strong rally. He adds that call volume still edges out puts ahead of Thursday's CPI report. ======== Schwab Network ======== Empowering every investor and trader, every mark...

Evan Sohn thinks the Fed would have cut rates in the summer if the BLS data had come in right the first time. He’s concerned companies may delay hiring into 1Q26 as they wait for the Fed to cut, potentially hitting the 4Q labor market. He discusses how heavily the labor force is weighted towards healthcare, saying “one in eight” Americans are employed in the field. Evan also talks about the ways t...

Tyler Ellegard notes rising delinquencies, but says the market is looking past it because it’s on the “lower consumer end.” He talks about potential “black swan events” and looks at the labor market. He says two things can be true at once: economic conditions can weaken while the stock market can keep gaining. He says this is due to AI companies driving earnings and letting the market grind higher...

Mark Hamrick and Peter Tchir break down the latest trade headlines. Peter talks about the possibility of the Supreme Court ruling against tariffs, which are projected to reach $300 billion in revenue by the end of the year. He thinks we need to “break the rules” on rare earth minerals and bring jobs back to the U.S. Mark argues that the tariff impacts are a “known quantity” and covers their impact...

"Lots of things could go wrong from here" and send markets into a correction, says David Stryzewski. He notes rising corporate bankruptcies and the latest Bureau of Labor Statistics downward revision on jobs as troubling signs there's more weakness in the economy investors are willing to admit. However, David is bullish when it comes to metals and miners. He says A.I. and other indus...

DeHaven Becker thinks the Fed will “save the day again” with a 25-basis-point rate cut in September and another before the end of the year. He thinks corporate earnings are benefitting from a consumer that is “still ok, despite the noise.” He says the economy has softened “a little bit” but isn’t concerned about recession. “Remember, we don’t need things to be great…we just need them to be good en...

Ben Cook thinks energy demand will rise by 2% on a “compound annual growth basis,” vs being flat right now. He sees natural gas as a “logical solution” to those enormous needs. He looks at natural gas demand patterns right now and expects supply to tighten over the next few years, pushing prices higher. He likes companies throughout the pipeline, from energy companies making the fuel to delivery c...

Windows Central's Daniel Rubino talks about the iPhone 17 models Apple (AAPL) announced during its "Awe Dropping" event Tuesday. He calls the Max a strong progression but isn't sold on whether it will be enough to bring people into stores to upgrade their old phones. Daniel mentions battery life being one of the biggest concerns consumers having regarding newer iPhones. He also t...

Joby Aviation (JOBY) rallied earlier today on an announcement that Uber Technologies (UBER) will feature Blade air mobility services on its app. As George Tsilis explains, it's a win for Joby, though the stock needs something more if it's to fly back to all-time highs. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute ne...