Schwab Network

Kevin Hincks reports from @cboeglobalmarkets as equity futures pop on a stronger-than-expected jobs report. 177k non-farm payrolls beat estimates of 138k, while the unemployment rate stayed flat at 4.2% in April. Kevin believes the report shows stability in the labor market, but also notes the March jobs number was downwardly revised to 185k. As the trading week comes to a close, he says "we&...

Jason Greer was going into this April jobs report expecting a big impact from Pres. Trump's tariff plan, but overall he believes they didn't have any material impact on the labor market data. Jason says "the floor's not falling out" on the U.S. economy but admits there is softening occurring, just not as quickly as others may have forecast. On the Fed's next steps, he jok...

On Apple (AAPL), CFRA's Angelo Zino says the "company's executing as well as it can" amid the current macro environment. He points to the "disturbing" and "disappointing" lack of guidance for its Services segment. He weighs the Epic Games legal battle underway, on top of U.S. & China trade tensions. Angelo estimates a $0.05-$0.06 impact from tariffs on Chi...

Kevin Green joins Morning Movers to examine the latest developments with U.S. and China trade negotiations. Chinese officials have reportedly asked that all U.S. tariffs be dropped before re-engaging in trade discussions. For the broader market, KG provides an intraday range for the S&P 500 (SPX) with upside looking to $5700, and downside possibly reaching $5485. Then, Kevin revisits the Mag 7...

Ben Watson provides technical insights into the travel & leisure stock Airbnb (ABNB). The company revealed plans for a "major announcement" on May 13 after its 1Q earnings beat analyst expectations. On the short-term chart, Ben's looking at resistance overhead at $119 then $124, with support around the $116 level. For a longer-term perspective, he points to the RSI diverging bullishly relative...

Apple (AAPL) beats on earnings but trims its share buyback program. Amazon (AMZN) falls as investors look to tariffs impacting its e-commerce business. And, Block (XYZ) plummets after guidance comes in shy of Street estimates. Tom White looks at 3 stocks moving ahead of Friday's open. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Mark...

For the eighth day in a row, the SPX closed higher, though the NDX led trading action thanks to Microsoft (MSFT) and Meta Platforms (META). However, the newest round of Mag 7 earnings in Apple (AAPL) and Amazon (AMZN) disappointed after hours. Nicole Petallides takes a closer look into what drove today's trading action. ======== Schwab Network ======== Empowering every investor and trader, eve...

Shares of Apple (AAPL) fade after its 2Q earnings beat on the top and bottom line. Apple declared a 4% increase to its dividend as well as authorizing an additional share repurchase program up to $100B. Kevin Green points out Apple's China sales just snuck by above Street estimates, but adds that Services and Wearables segments both slightly missed. Jeff Pierce is looking forward to the earnin...

Steven Dickens takes all of the Mag 7 earnings we've gotten so far and offers a wide perspective into the state of A.I. He points to Microsoft's (MSFT) Azure cloud as a highlight, showing software is here to stay. On Amazon (AMZN), he notes tariff uncertainty creating retail softness but labels its AWS platform as a "juggernaut." ======== Schwab Network ======== Empowering every...

The after-hour trading doesn't show it, but Investopedia's Caleb Silver says Apple (AAPL) and Amazon (AMZN) posted exceptional earnings. He says Apple doesn't show significant tariff impacts, adding that Amazon show some softness but remains an ecommerce and A.I. juggernaut. Caleb looks ahead to economic data he expects to spur future volatility. ======== Schwab Network ======== Empowe...

Charles Schwab CEO Rick Wurster joins Nicole Petallides at the NYSE after ringing the closing bell to talk about the firm's introduction of National Investing Day. Wurster says he wants to spread awareness on investing by encouraging discussions at a younger age and among families. He also notes the importance of managing portfolios in times of market volatility and the ways Charles Schwab hel...

Amazon (AMZN) shares slide lower on a slight earnings beat above Street estimates. Alex Coffey suggests this could be a "margin story" as investors react to the e-commerce company's profit outlook in a new tariff environment. Caroline Woods adds that usually one earnings story for Amazon surrounds its AWS cloud business - not tariffs impact - but this quarter has presented a differen...

Charles Schwab's Nathan Peterson says the two main drivers behind the multi-day rally is trade deal optimism, and Big Tech earnings coming in better than expected. Nathan urges investors to keep an eye on tariff headlines. He says markets are growing complacent with recent trading action even though tariffs haven't manifested in corporate earnings or hard data yet. ======== Schwab Network...

Anthony Ferry previews Amazon (AMZN) earnings before their release postmarket. He’s seeing purchase conversion dropping, citing a “conservative buyer” and noting that “trade down is happening” across the retail spectrum. He looks at the diversification in Amazon’s revenue and thinks it will continue to do well despite trade tensions. ======== Schwab Network ======== Empowering every investor and t...

The SPX closes higher for its eighth straight session. Kevin Green notes investors holding the 50-day SMA in the index as a sign bulls want to push markets higher, though there is resistance ahead on the path back to all-time highs. One challenge is a still-high VIX waiting for a volatility crush. Kevin later turns to gold's selling action and how it's testing a notable support level. ====...

Charles Schwab’s James Kostulias focuses on market volatility and how it’s impacting confidence. He says Schwab saw “net selling” in April, but “no panic selling.” He also stresses higher client engagement since the market turmoil started and higher trading volumes. He also notes that options have picked up as a trading vehicle for retail investors. ======== Schwab Network ======== Empowering ever...

Ryan Patel raises the question, "how do you get to 20% [gains] by end of year?" His answer: maybe you don't. Ryan argues the SPX can close 6% to 8% higher by the end of the year, a historic norm not seen over the previous two years. On A.I., he says we're "not even at the starting inning" yet but believes Nvidia (NVDA) must lead the momentum. He also points to AMD Inc....

Advertising revenue will be key in Reddit's (RDDT) earnings, says LikeFolio's Megan Brantley. She says Reddit web visits have grown 80% year-over-year while Snapchat slipped 30% over the same period. Megan believes this "captive audience" gives advertisers, and Reddit, a chance to capitalize on consumers. However, the rate of growth will prove key in its after hour report. ======...

Mark Hamrick believes the economy is in a much better spot now than it was three years ago, despite soft data showing concern for the economy. He weighs sentiment against recent inflation and employment prints to discuss expectations on Friday's jobs report. Mark looks even further ahead to what it means for the Fed and future interest rate cuts. ======== Schwab Network ======== Empowering eve...

Michelle Gibley gives viewers the state of global central bank policy. “Trade policy is really influencing action at most central banks,” she says, noting that the Bank of Japan cut its inflation forecast and Canada’s central bank paused its cycle. She also talks about the “distortions” in economic data as companies and consumers pull forward demand ahead of tariffs, adding this could create a “va...

James Demmert and Dan Ahrens break down McDonald’s (MCD) earnings. James says investors shouldn’t focus too much on same-store sales falling and considers the company solid. Dan disagrees, saying his restaurant ETF, EATZ, is underweight McDonald’s. He “disagrees strongly” with the CEO’s comments that MCD is not losing market share to fast casual, pointing to Brinker’s (EAT) umbrella of brands. The...

Jim Thorne says a recession “only happens if we have a shock to the system,” and doesn’t consider the tariffs a big enough shock. However, he does expect growth to slow and the Fed to ease rates – saying they’re currently “reckless” and late in cuts. He considers tech a defensive sector and thinks we’ll ultimately see an economic environment like pre-Covid. “Secular growth in bitcoin is the place...

Ahmed Khan with Morningstar says he "really liked" Meta Platforms' (META) earnings. His firm has a four-star rating on the stock with a $770 fair value estimate. When it comes to the outlook, he believes A.I. optimization in its social media platforms will serve as a primary driver for profitability by driving user and advertiser traffic. ======== Schwab Network ======== Empowering e...

Amazon (AMZN) is expected to remove some of the fog surrounding consumer uncertainty with its earnings. Caroline Woods notes that AWS and A.I. advancements will still be important, though she expects retail outlook to be what investors watch the most. Analysts still remain largely bullish on the Mag 7 name, as Caroline notes optimism Amazon can absorb China's pricing pressures. ======== Schwab...

Supermicro (SMCI) plummeted in the premarket after telling investors to expect earnings far below Wall Street's estimates. Jenny Horne notes that investor distrust in the company is adding to the steep sell-off. Starbucks (SBUX) released its latest earnings report, which did not win investors over. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe t...