Schwab Network

U.S. energy giants Exxon Mobil (XOM) and Chevron (CVX) pulled back after earnings as oil prices fell Friday. Rob Thummel joins Morning Trade Live to discuss the overall energy space, including the back-and-forth negotiations with Iran reopening the Strait of Hormuz. One area he highlights for XOM: an AI collaboration with Microsoft (MSFT) in West Texas. Later, George Tsilis shares his vantage poin...

May 1st is National Investing Day, something Charles Schwab has "pioneered and championed," says Cooper Howard. He encourages folks to get educated and get active with market participation. Later, Cooper provides his perspective on this week's FOMC dissent and the potential ripple effects it could have on rate policy moving forward. He sees short-term interest rates buoyed to current...

Tech earnings and margin expansion continue to drive U.S. stocks to record highs, even as geopolitical risks and higher oil prices persist. Mary Ann Bartels explains why the rally remains resilient, highlights Alphabet (GOOGL) and Amazon (AMZN) as underappreciated leaders, and points to improving market breadth beyond the Magnificent Seven. She also outlines how data center spending is lifting ind...

Kevin Green dissects current market optimism as early Friday trading squeezes higher "blowing past" his early resistance levels for the day. KG points to this week's economic data and earnings prints as cause for the rally before turning to the latest manufacturing prints topping expectations. Later, KG looks at the schism forming within the Mag 7 as capex concerns hit Meta Platforms...

Does the old trading adage "Sell in May and Go Away" hold up? CFRA's Sam Stovall presents his latest economic research on market performance trends. He and Alex Coffey examine variables impacting 2026, including a midterm election.. Later, Sam reveals some of his firm's recent upgrades including: West Pharma Services (WST), STMicroelectronics (STM) and Digital Realty (DLR). =====...

Reddit (RDDT) rallies after a 1Q earnings beat, thanks in part to a 74% increase in advertising revenue. George Tsilis dives into the social media giant's metrics and notes lower capex spending as a possible positive for the company. Meanwhile, Estee Lauder (EL) narrowed revenue guidance for FY26 but chugged along higher after topping estimates. George later turns his attention to energy giant...

Ted Rossman of Bankrate.com says the typically strong spring homebuying season has been slower in 2026. He addresses elevated 30-year mortgage rates, but says they are still lower than a year ago. Ted notes a 6.00% mortgage rate is a notable psychological level for homebuyers, as a large number of homeowners locked in lower rates in the COVID-19 pandemic. He weighs in on a "cooling" in m...

Even with markets facing "a lot of pressures from a lot of directions," Kevin Hincks says the market is looking at lower crude oil prices as potential relief. Kevin labels last month's performance as a "virtual melt-up" as it was the best single-month performance since 2020. He adds a rally from Apple (AAPL) could lift the S&P 500 (SPX), Nasdaq-100 (NDX) and Dow Jones (...

Rick Ducat wraps up a busy earnings week with a look at the Roundhill Magnificent 7 ETF (MAGS). Breaking down the technical patterns on the chart, he highlights the V shaped recovery taking place in April. Rick underlines upside resistance near $68 with $63 acting as a long-term support over the past year. Later, he composes an example options trade for MAGS, buying a call vertical with a bullish...

Restaurant Wars isn't just a Top Chef competition. It's a battle brewing between publicly traded names like Chipotle (CMG), Starbucks (SBUX) and others. R.J. Hottovy joins Diane King Hall to discuss the ongoing efforts from restaurant chains to draw in customers. He believes Starbucks' new strategy to "return to the coffee shop" is working. In terms of weaker names in the spa...

The earnings story this week reaffirmed a "separation" within the Mag 7, says Phil Rosen. He sees Alphabet (GOOGL) distancing itself from the rest of the megacap tech names, saying "it will win the race to $5T." Phil adds that he is "very bullish" on GOOGL and labels it his pick for the year ahead. On the broader market performance, April's rally was the best sing...

Ahead of next week's earnings event, Rachel Dashiell dials up the chart patterns to track for AMD Inc. (AMD). She says recent RSI momentum patterns have been giving a "warning" of possible waning to the upside. Rachel identifies near-term upside resistance around $352/$355 with the first downside support levels coming in around $345. Zooming out to a 9-month timeframe, she illustrate...

Kevin Green says even with some background geopolitical concerns, the market performance trend is still higher. The S&P 500 (SPX) notched its first close above 7,200 in addition to the Nasdaq-100 (NDX) hitting a new closing high as well. Then, KG chimes in on Apple's (AAPL) latest quarterly report card with the iPhone maker revealing "extraordinary" demand, but also a cautionary...

All 4 indices closed higher despite a mixed picture from Mag 7 stocks. Marley Kayden walks through the earnings reports of Apple (AAPL), SanDisk (SNDK) and Western Digital (WDC) before examining Thursday's selling action in Microsoft (MSFT) and Meta Platforms (META). ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve risks and are not suita...

Marley Kayden and Sam Vadas provide a few market thoughts before closing out the day. Marley highlights this morning's significant economic data prints as well as California crossing above the $6/gallon mark at the pump. Meanwhile, Sam Vadas looks abroad to South Korean markets rising on the heels of Samsung's earnings beat. For Friday, the duo circle Apple (AAPL) earnings reaction in addi...

Apple (AAPL) earnings are out and the "extraordinary demand" for iPhone 17 products shows its hardware business continues to hold a strong grip on smartphone market share. But for Stephen Sopko, he's waiting to hear more about its AI exposure. "I like to say that Apple is the largest Edge AI company in the world," he says. Stephen wants to know how much AI processing occurs...

Apple (AAPL) earnings clocked in higher than 2Q estimates, with iPhone revenue of $56.99b just edging above the Street's forecast of $56.98b. George Tsilis joins the earnings coverage immediately following the print as Apple shares more insights into its CEO transition plan from Tim Cook to John Ternus. The company revealed "extraordinary demand" for its iPhone 17 lineup and touted a...

Olivier Blanchard breaks down Apple’s (AAPL) earnings setup as the company approaches a leadership transition and refocuses on hardware innovation. He argues Apple’s measured, late‑mover approach to AI helps it avoid costly capex pitfalls facing other big tech firms, while preserving flexibility through partnerships. Blanchard also highlights the growth of services, the iPhone 17 cycle, and Apple’...

Memory stocks SanDisk (SNDK) and Western Digital (WDC) topped current quarter estimates but both stocks dipped sharply on their earnings reports. Alex Coffey joins the Market on Close earnings coverage to examine these moves, saying it is could be a "buy the rumor, sell the news" type of event. He says Western Digital is "saying all the right things" in its earnings press relea...

Shay Boloor joins Market on Close to discuss the different directions some of the Mag 7 stocks are going after announcing another quarter of massive AI spending. He points to positive verticals for Alphabet (GOOGL) saying that "search is not dead" with Google owning a fully connected ecosystem from TPUs to its consumer software offerings. Shay admits he's confused by market reaction...

David Doyle of Macquarie Group warns that the Fed’s easing bias is fading as sticky inflation and internal dissent raise the odds of another rate hike. He breaks down what Jerome Powell staying on the Board could mean amid a looming leadership transition and why markets may be underestimating the Fed’s resolve. Doyle also points to resilient consumer spending at companies like Starbucks (SBUX) and...

Simeon Hyman explains why strong earnings continue to support markets despite geopolitical risk and rising energy prices. He highlights the need to manage tech concentration using tools like the S&P 500 ex‑Technology ETF (SPXT), while outlining tactical ways to gain commodity exposure as energy and metals prices climb. Hyman also breaks down how crude oil, copper, platinum, and palladium strat...

SanDisk (SNDK) shares have risen more than 3000% over the past year. Andrew Graham and Diane King Hall discuss the momentum in the memory stock as it prepares for earnings after Thursday's close. He believes Western Digital (WDC) may have a "tougher time" saying SNDK could have taken market share. For the broader memory group, he sees another 2-3 quarters of higher price activity for...

Andrew Wang and Arun Sundaram break down Amazon’s (AMZN) blowout quarter as strong earnings and record margins reignite the bull case. They highlight accelerating growth at Amazon Web Services, now running at a $150B annual pace, and the company’s expanding custom silicon strategy with Trainium and Graviton chips. The duo explains how internal chip adoption could drive major capex savings and asks...

Adam Lynch says Bitcoin has strongly rallied off of its February lows and is up about 10% this April. He suggests that if Bitcoin breaks the $80k resistance level, it could surge toward the $85k range. Adam also highlights that upcoming Federal Reserve rate decisions could impact crypto markets. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involv...