Schwab Network

Leaked cancer vaccine data from Moderna (MRNA) sent shares plunging, closing the company down as the worst performer in S&P 500 (SPX). Western Digital (WDC) posted earnings after hours following a tech-led selloff, which included steeper selling from Lam Research (LRCX). Marley Kayden takes investors through the top stories of Thursday's trading day.

Nvidia (NVDA) CEO Jensen Huang addressed the stress seen in tech companies attempting to acquire capital. Meanwhile, crude oil continued to rally and see-sawed on the $100 level. Sam Vadas and Marley Kayden take investors through their final takeaways of the session.

Sean Cudahy, senior aviation reporter at The Points Guy, says U.S. consumers are frustrated with higher airfares but are still fronting the travel bill. So, when will a spending pullback occur? He argues airline companies will keep prices elevated so long as travelers are willing to pay. Sean also discusses the importance of loyalty programs amid the price surges as companies aim to hook consumers...

@Nasdaq's Kevin Davitt discusses what he calls a highly unusual drop in the Nasdaq-100 (NDX) last week. During that same time on the options front, traders piled into short-dated calls. What does that mean for the Nasdaq's momentum and investor conviction? Kevin explains how the correlation signals a desire for investors to stay connected in the stock market without having direct tech expo...

Bitcoin and Ethereum sold off alongside equities as AI debt stresses mount on equities. Adam Lynch (@CharlesSchwab) still sees bullish signs under the surface. He points to Bitcoin trading at a key technical he sees offering significant support for the cryptocurrency. Another key mover Adam has on his radar: the OCC finalizing stablecoin framework and implanting the Genius Act, something he sees s...

Max Guimond of Schroders talks about his firm's Autocallable Ladder Income ETF (SALI). The product aims to generate monthly income with the goal of reducing downside risk. Max explains how the ETF works and why the firm is emphasizing its importance in times of volatility. As he discusses, SALI acts as a diversifier and compliments certain core allocations.

Tesla (TSLA) earnings showed promise with its full self-driving, says Lauren Cassidy. She says the company's robotaxi and Cybercab vehicles show the Mag 7 company has plans to keep itself in the driver's seat for the autonomous driving industry. Morningstar Wealth's Seth Goldstein considers the company turning positive on free cash flow shows a clear shift in Tesla's growth strateg...

Mark Gibbens discusses Bloom Energy (BE) ahead of earnings and explains why the company is so sought after by those building AI infrastructure. The most important parts of the report will be how the company is delivering on its backlog and ways it's navigating the volatile energy market. "All we're seeing is demand flying off the shelf," says Mark, believing Bloom Energy's fu...

A potential Tesla (TSLA) and SpaceX (SPCX) will face lots of regulatory landmines, says Hatem Dhiab. Combining companies will also raise lots of question marks he believes investors aren't considering, especially around Tesla's EV business.

Shares of Deckers (DECK) are taking a step up after earnings, though @LikeFolio's Megan Brantley points out that a "cautionary tale" is beginning form in Hoka. Her firm's data on consumer demand shows Hoka is flat compared to robust growth in On Holding (ONON) and Nike (NKE), even if UGG is picking up some slack. Megan says a rise in purchase intent posts suggest an incoming rise...

Meta Platforms' (META) AI investment are showing a huge improvement to the company's bottom line, according to Angelo Zino with CFRA. Muse is a pivotal advancement he sees playing a key role in that earnings growth. Yagub Rahimov argues that the growth won't come without headwinds, especially with prominent AI agent competition from Apple (AAPL), Alphabet (GOOGL), and other Big Tech fi...

Stephen Sopko of HyperFRAME Research discusses the possibility of a mega merger between Tesla (TSLA) and SpaceX (SPCX) and what a tie-up means for both companies. He notes that a combined company serves as both a bear and bull case for the combined entity. The bear case involves a more intense focus on valuation and conflicting company missions. The bull case? Combining both companies' technol...

Salesforce (CRM) is an important bellwether for the software sector, according to @ProsperTradingAcademy's Mike Shorr, especially after the stock muscled a strong rebound from the SaaS-acre lows. He turns to UnitedHealthcare (UNH) as a resilient stock in a volatile stock market, and points to Tesla (TSLA) pulling back to its 50-day SMA as a bullish indicator. Mike offers example options trades...

Is the AI trade getting ready for another leg higher? Dale Smothers believes now is investor "planting season" and buy into dips he expects to rebound. He points to Nvidia (NVDA), Marvell (MRVL), and even CoreWeave (CRWV) as strong buy opportunities on any signs of a turnaround in AI sentiment. Even if crude oil remains elevated, Dale sees the S&P 500 (SPX) hitting 8,000 by the end o...

Henry Greene says Tesla (TSLA) needs to win on the technology behind full-self driving as global EV and autonomous driving competitors catch up to the Mag 7 company. He points to steep competition in China as the biggest hinderance to Tesla's earnings growth. When it comes to talks in merging Tesla and SpaceX (SPCX), Henry believe AI synergies between both companies exist to warrant a merger,...

Even though Meta Platforms (META) posted an earnings beat and assured investors that its AI investments are proving successful through endeavors like Muse, the company can't shake concerns that growing CapEx won't pay off. Marley Kayden talks about the biggest metrics behind the social media conglomerate's earnings and how it's affecting analyst views on the Mag 7 stock. Joe Tigay...

Recent dovish comments from some Fed members tells @CharlesSchwab's Kevin Gordon that the Fed is becoming more aware of market attentiveness to forward guidance on interest rates. While the housing market remains frozen as mortgage rates stay above 7%, Kevin points to signs of strength he believes won't influence the Fed's hawkish tilt. Nathan Peterson discusses how AI volatility has f...

Vast AI demand isn't enough to outweigh concerns of the amount of spending tied to the buildout, says Mike Dickson. He says the scrutiny on growing CapEx is warranted, though he argues not all companies show debt concerns as strong as CoreWeave (CRWV) and Oracle (ORCL). As investors move out of the AI trade, Mike notes the rotation into other sectors as a mid-term positive for the stock market...

Meta Platforms (META) posting an earnings beat and doubling down on confidence that its AI investments are working wasn't enough to lift markets Thursday. Kevin Green turns to the price action in the tech sector and greater S&P 500 (SPX) to gauge key levels ahead for equities. As for crude oil, KG points to the commodity's move toward $100 as a sign U.S.-Iran tensions will remain a sti...

Cybersecurity and robotics companies are the best way for inventors to get exposure to the AI trade. says Amy Zhang. She explains how Cognex (CGNX), Cloudflare (NET), and Okta Inc. (OKTA) have and will continue to outperform markets. Outside her stock picks, Amy tells investors to look for non-commoditized, high-quality mid-caps with strong balance sheets and little to no debt. ======== Schwab Net...

Tiffany McGhee says bonds are "setting the price" for markets even though investors' key focus remains on earnings. As tech earnings continue to raise the bar each quarter, she sees companies like Meta Platforms (META) and Lam Research (LRCX) becoming more crucial to maintaining pace with that growth. That said, Tiffany sees the long-lasting conflict in the Middle East keeping the Fe...

CFRA's Garrett Nelson says Tesla (TSLA) earnings were better than expected with its positive cash flow and signs that shifting revenue flow is helping margins. When it comes to timing, Garrett emphasizes to take roadmaps on new products like its Roadster with "a grain of salt." While he doesn't see the flying car generating significant revenue for years, he believes Tesla's f...

Stalling earnings growth for companies like OpenAI is a strong warnings sign for Crescat Capital's Kevin Smith. He believes there's appetite for OpenAI and Anthropic, though both companies' valuations keep Kevin from being a bull on either. So, how should investors fearful of valuations and ballooning CapEx position for the current market environment? Kevin says his firm is utilizing p...

Jenny Kovacs sits down with Charles Schwab 's Jim Ferraioli to discuss how midterm elections and a tentative change of Congressional leadership will impact Bitcoin, Ethereum, and other cryptocurrencies. Jim makes the case the "noise" will have less of an impact than many investors believe, though a tentative selloff is something he sees creating a "buyable dip." He then tur...

Investors now have their first round of Mag 7 earnings with Meta Platforms (META) beating Wall Street estimates and doubling down on AI endeavors. Tesla (TSLA) beat but took a hit in its energy business. Marley Kayden, Sam Vadas, and Kevin Green turn to the Big Tech movers and explain how the reports will shape the tech sector ahead. They also turn to earnings from IBM Corp. (IBM), Lam Research (L...