Schwab Network

Investors climbed the "wall of worry" toward all-time highs in the S&P 500 (SPX) and Nasdaq-100 (NDX) in a tech-led rally, says Kevin Mahn. He addresses reports that Nvidia (NVDA) and Micron (MU) are expected to lead to one-third of the S&P's earnings growth next year, though he sees opportunities in other corners of Wall Street. "Follow the money" in the AI trade a...

John T. Shea takes a closer look at the trend changes in Amazon (AMZN) Prime Days. He used to consider the event a "gadget sale" that has since expanded to broad consumer needs. John explains why the Mag 7 giant has evolved its catalog offerings over not just one span of days every year, but several. For October Prime Days in particular, he discusses the importance of holding an event li...

Keep an eye on volatility trends and the 10-year Treasury auction Wednesday as yields hover near multi-decade highs, says Kevin Green. Market breadth continues to serve as an anchor weighing down the broader S&P 500 (SPX) as the equal weight index shows lingering weakness. In equities, KG notes a pullback in SpaceX (SPCX) as reports indicate the company is aiming to buy $40 billion worth of Nv...

Netflix (NFLX) shares have seen what Charles Schwab's Patrick Ciummo calls an "aggressive" downspin over the last thirty trading sessions. However, on the one-year chart, oversold indicators suggest room for a bullish rebound. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/...

Tuesday's top takeaways focus on the international front, as Sam Vadas addresses the latest funding rounds in China's DeepSeek and Moonshot AI, while Marley Kayden talks about the widening trade deficit via the international trade in goods and service sprint. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter -...

There was a clear divide in stocks tied to the AI trade when it came to the best and worst performers on the S&P 500 (SPX). Marley Kayden discusses Constellation Energy (CEG) and its stock surge thanks to a new deal with Alphabet (GOOGL). Marvell (MRVL) rallied on its new ambitious growth plan. Meanwhile, Seagate (STX) and Western Digital (WDC) sold off over competition around a certain acquis...

Kevin Rubin, CFO of Zscaler (ZS), joins Market on Close to discuss why the cybersecurity company reaffirmed first-quarter and full-year 2027 guidance during the firm's investor day. As Kevin explains, AI is becoming the biggest tailwind for Zscaler due to customer needs to fend off cyberattacks from AI agents. He talks about ways Zscaler is scaling to assist its growing customer base while pro...

Samuel Kerr says rising sovereign yields with the US ten-year near 5.5% are spooking IPO investors and widening valuation demands. He sees investors keeping powder dry for Anthropic's roughly $100 billion IPO expected this quarter, while SpaceX (SPCX) carries more FOMO as a pure monopoly. Kerr expects Anthropic and OpenAI to return to markets repeatedly for capital given vast CapEx needs, and...

Paisley Nardini, head of investment strategy at Tema ETFs, calls this a bifurcated market with 70% of S&P constituents trading below their 50-day average even as the index hits all-time highs. She sees the Mag 7's strong earnings justifying their valuations and expects AI demand to keep driving sectors beyond tech, naming Constellation Energy (CEG) and healthcare as beneficiaries. Nardini...

Injective's Mirza Uddin says the failure of the Clarity Act turned out to be a blessing as the CFTC and SEC stepped in with innovation exemptions, giving builders clearer rules for the next five years. He sees tokenization of stocks, bonds, and real estate as crypto's biggest economic catalyst, with ETFs driving broader adoption among traditional investors. Uddin expects Bitcoin and Ethere...

Sam Klar, Portfolio Manager of the GMO Domestic Resilience ETF (DRES), says American reindustrialization has three major supports: bipartisan policy tailwinds, corporate America reshoring from China, and defense spending to counter a rising China. He takes a picks-and-shovels approach focused on quality and value, owning Union Pacific (UNP), Martin Marietta Materials (MLM), Jacobs Solutions (J), C...

The public markets don't reflect the long timeline it will take to make quantum computing technology profitable on a mass scale, says Cory Johnson. He compares quantum to "science experiments" that need more time to go beyond baby steps of revenue generation. That said, Cory sees IonQ (IONQ) as a unicorn among peers. Brendan Cavanaugh agrees that it will take time to develop the tech...

Lance Roberts believes Apple (AAPL) still has the "better mouse trap" for AI optimization despite a slower rollout in the evolving technology. He explains how the Mag 7 giant remains a core technology stock due to its wide reach across Wall Street, pointing to its iPhone Duo and iPhone 18 cycle as the next growth catalyst. Lance adds that a recent rally in tech stocks will lift Apple as...

HPE (HPE) shifting from a compute company into a networking company is something Zeus Kerravala sees as a positive shift for the firm's growth potential. He explains how Juniper technology, obtained through HPE's acquisition of Juniper Networks, gives the company added leverage with its AMD Inc. (AMD) partnership. Zeus then turns to HPE's role in the greater networking space amid AI&#3...

LikeFolio's Andy Swan says Constellation Brands (STZ) is in a strong position despite industry pressure, with Modelo and Pacifico seeing year-over-year gains while domestic beers like Bud Light and Coors Light decline. He assigns a moderately bullish earnings score of plus 33, noting the stock is in value territory and a turnaround is possible into this earnings call or the next. Swan says GLP...

Chris Latimer, co-founder and CEO of Vectorize and co-founder of Mattermost, Ian Tien, say agentic AI shifts the risk from what AI says to what it does, with AI agents that hack and agents that get hacked. They say infrastructure for agent identity, security, and controls barely exists yet, and external attacks pose greater scale while internal insider threats remain newer and harder to gauge. Bot...

Rob Kay, CEO of Lifetime Brands (LCUT), says a $40.1 million tariff refund let the company pay down debt and strengthen its balance sheet. Sales grew over 7% to $141.6 million even as broader home category unit volumes fell 8%, with gains driven by off-price retailers like TJX Companies (TJX) and Ross Stores (ROST), warehouse clubs like Costco (COST), and e-commerce. Kay says consumers are eating...

Prosper Trading Academy's Mike Shorr touches on trading opportunities he sees powering the AI trade. He takes investors through his example options trades for Coherent (COHR), Bloom Energy (BE), and ServiceNow (NOW). Kevin Green offers investors a glimpse into his technical analysis through the stock charts. ======== Schwab Network ======== Empowering every investor and trader, every market da...

The latest market moves are strengthening Eddie Ghabour's outlook for 2026 and into 2027. The S&P 500 (SPX) and Nasdaq-100 (NDX) rallying to new record highs in face of rising Treasury yields is something he believes backs a strong bull thesis. Eddie doesn't show any concern until technical and key economic indicators begin to waver. He also makes the case that crude oil is topping and...

Kevin Mahn says the alcohol consumption decline is overplayed, with global volume down just 2% and developing markets like India, Mexico, and Brazil still expanding. He sees value in Constellation Brands (STZ) at under 10x forward earnings and a 3.6% dividend yield, but is not a buyer yet due to industry headwinds. Tom White then demonstrates an example trade using STZ. ======== Schwab Network ===...

AMD Inc. shares (AMD) tapped a new record as CEO Lisa Su sees "very high" chip demand in the coming years. Alex Coffey discusses what is driving the commentary from leadership, as well as the key metrics behind price target hikes from Citigroup and Mizuho. Tim Biggam offers an example options trade for AMD. ======== Schwab Network ======== Empowering every investor and trader, every mark...

AI is the "locomotive" to the stock market, says Charles Schwab's Nathan Peterson. While tail risks exist for equities, "until it really begins to hit the consumer," there's not much concern to follow the trend, says Nate. He emphasizes how an institutional "catch-up trade" in tech will lift stocks despite lingering macro pressures. ======== Schwab Network ===...

Jake Dollarhide, CEO of Longbow Asset Management, calls the market "tech or bust" and says stripping out energy and tech leaves you down for the year. He sees utilities as the obvious backdoor trade for AI power demand, citing Alphabet (GOOGL) and Constellation Energy's (CEG) nuclear deal and Microsoft (MSFT) repurposing Three Mile Island. He warns that new 6% corporate bond coupons...

Market breadth expanding as both the S&P 500 (SPX) and Nasdaq-100 (NDX) hit new record highs. Kevin Green talks about how Tuesday's trading action can lead to an even stronger session, highlighting options activity that suggests more upside. Another point of interest KG mentions: international trade in goods and services. Crude oil is hitting a key support level per KG's analysis, thou...

Zscaler (ZS) shares surged after reiterating guidance ahead of its investor day. Diane King Hall explains how the demand for cybersecurity amid AI's acceleration is powering a need for the company. Elsewhere in tech, Stifel raised its price target for ServiceNow (NOW). Diane then addresses lingering weakness in Nike (NKE), not helped by a downgrade from Berenberg. ======== Schwab Network =====...