Schwab Network

Ahead of Okta Inc's (OKTA) earnings on Tuesday, Joseph Bonner gives his big picture perspective on the cybersecurity space. For Palo Alto Networks (PANW), he believes the company's acquisition of CyberArk will be "filling a hole" when it comes to agentic A.I. and promises future growth. Joseph has a buy on Palo Alto and CrowdStrike (CRWD) on expectations that cybersecurity will b...

Michelle Gibley says international stocks still look attractive and reviews the latest economic developments in Europe. She also looks at the Japanese economy, especially wages, and thinks there could be another rate hike there later this year. Turning back towards the U.S., Michelle reviews the U.S. dollar’s struggle this year and its impacts. She thinks the dollar can fall further from here, not...

Markets opened mixed to start Tuesday's trading session. Kevin Green urges investors to keep consumer confidence top of mind as it can serve as an indicator to price action ahead. On treasuries, he points to consolidation in the 10-year yield as a normal signal that starts a rate cutting cycle for the Fed. However, Kevin adds that volatility remains unseasonably low, which can ramp higher with...

AMD Inc. (AMD) got more bullish momentum from Truist after the firm upgraded the stock on expectations hyperscaler demand will add to its revenue stream. Jenny Horne talks about how AMD has long lingered in Nvidia's (NVDA) shadow and how this note signals the start of a turnaround story. She also notes Okta Inc.'s (OKTA) upgrade from Canaccord ahead of the cybersecurity company's earni...

Kevin Hincks says the legality of whether President Trump can fire Lisa Cook from the Fed "will be figured out in the courts." He talks about the latest developments and goes in depth as to why the situation is muddy for investors seeing it all from the outside. On economic data, Kevin notes a beat in durable goods orders and the Case-Shiller home price index. However, he adds that all t...

AMD Inc. (AMD) moved higher in premarket hours after Truist issued an upgrade for the stock. The company also got a new partnership with legacy tech firm IBM Corp. (IBM). Rick Ducat turns to the key levels investors should watch. However, Tom White warns that Nvidia's (NVDA) earnings will lead to volatility ahead. He offers an example options trade navigating AMD's run higher while keep Nv...

Eric Agar talks about the "slow" summer for the housing market ahead of Tuesday morning's Case-Shiller home price index report. While many investors in the space are hopeful an interest rate cut from the Fed will reinvigorate the market, Eric isn't as bullish on that prospect. He argues mortgage rates are vastly unchanged from three years ago, believing a 25bps cut won't chan...

Michelle Connell considers Okta Inc. (OKTA) a "really strong company," though the company's commentary on government-side weakness is something she believes investors should watch moving forward. That said, a bullish outlook on cybersecurity and mergers seen in companies like Palo Alto Networks' (PANW) acquisition of CyberArk add to the case for Okta. ======== Schwab Network ====...

"You can make a reality TV show with the drama between the Fed and the White House," says Kevin Green. That said, he believes the potential termination of Fed chair Lisa Cook without an indictment or due process will lead to a "slippery slope" against precedent for Fed independence. Cook stands defiant and says she will continue to serve on the board. Kevin also turns to Presid...

PVH Corp. (PVH) reports earnings after the close on Tuesday. @CharlesSchwab's Brett Crowther points out that the stock is facing bearish divergence even as bullish momentum builds under the surface. He points out the levels investors should watch for ahead of the report. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute news...

When it comes to the IPO market, John Jannarone points to this year's biggest movers in A.I. and Crypto as the big themes to watch moving forward. From CoreWeave (CRWV) to Circle (CRCL), John joins Nicole Petallides for a half hour discussion on all things IPO's. He explains the lockup period and why its important to watch secondary-offerings. Plus, John lists Gemini, Klarna and Stripe amo...

Dory Wiley thinks the Fed may regret cutting rates again so soon, warning it could lead to a "hissy fit" from the market if they don't deliver. Instead, Wiley believes the Fed should focus on shrinking its $6.6 trillion balance sheet, which he thinks is distorting the term structure of interest rates. On the other hand, Wiley is bullish on names like Nvidia (NVDA), citing its "massive" margins and...

Markets gave back some of the gains seen in Friday's post-Powell rally, though Nvidia (NVDA) was one major stock that gained thanks to a pair of price target hikes ahead of its earnings. Bitcoin, Ethereum, and many crypto-tied stocks sold off after a "flash crash" on Sunday spooked investors in the crypto space. Keurig-Dr. Pepper (KDP) will acquire JDE Peet's in an 11-digit deal...

Morningstar's David Swartz previews PVH Corp's (PVH) earnings due tomorrow. He expects a low-growth quarter with 1% sales growth, but notes that investors will focus on the company's progress on its PVH+ plan. Swartz sees opportunities for PVH to mitigate tariff headwinds by increasing sales outside the U.S., where it has a larger business in Europe. However, he notes that the company...

Nvidia (NVDA) isn't the only A.I.-centric stock reporting earnings this week. George Tsilis turns investors' attention to IREN Ltd. (IREN), making a run toward all-time highs as the data center company readies to issue its newest report on Thursday. As George explains, the company has shown strength on its balance book and continues a business model theme seen in companies like CoreWeave (...

Abercrombie & Fitch (ANF) is looking to score a touchdown with its new NFL partnership, but will it be enough to turn around the struggling stock? Zach Warring discusses the deal and shares his thoughts on the company's ability to offset tariff pain and deliver on its growth potential. With ANF trading at 10 times earnings and showing signs of pricing power, Warring believes the stock is u...

"Inflation is still here, inflation is still sticky," says Charles Schwab's Collin Martin. He makes the case that the markets put too much focus on the jobs portion of Jerome Powell's Jackson Hole speech, which investors interpreted as bullish for an interest rate cut in September. He adds that Friday's core PCE report can completely flip the Fed's script. Liz Ann Sonders...

CoinDesk's Andy Baehr talks about the "flash crash" in crypto after a whale reportedly moved $2.4 billion out of Bitcoin into other cryptocurrencies. He attributes it to a "washing machine" maneuver where liquidity is constantly moving in the crypto space. However, Andy still isn't concerned about the outlook for Bitcoin or Ethereum, the latter of which hit an all-time...

When it comes to Monday's price action, Kevin Green says there's still bullish momentum rising above the red arrows. While the index's equal weight moved lower on the session, general trends point to healthy market breadth. When it comes to Nvidia (NVDA), Kevin shows the stock's consolidation ahead of its highly anticipated report on Wednesday. It's a trend Nvidia has establish...

Bill Lee breaks down the latest comments from Federal Reserve Chair Jerome Powell and what they mean for the economy. Lee says Powell's shift in tone on inflation is being underreported, and he's starting to side with doves who think the impact of tariffs on prices may be temporary. Lee also discusses the potential for a September rate cut and the risks of a policy mistake, as well as the...

John Freeman says he's "very bullish" on Nvidia's (NVDA) growth prospects. He sees the company's tech evolution accelerating far beyond its earnings on Wednesday, believing agentic A.I. will give Nvidia its next leg higher. Paul Meeks agrees on the long-term bull case but sees Nvidia facing short to mid-term headwinds due to escalation against Nvidia in China. ======== Schwab...

Fed Chair Jerome Powell's Jackson Hole remarks sparked a Wall Street rally and renewed rate cut hopes, but Arthur Laffer remains cautious. He expects the August inflation numbers, including CPI and PPI, to have an outsized impact on the Fed's decision-making process. Laffer notes that while the short end of the yield curve has come down, the 10-year rate has ticked up, steepening the curve...

Mindy McIntosh strikes a cautiously optimistic tone for the rest of the year, despite expecting more market volatility. She believes the Federal Reserve may cut interest rates again, which could lead to new highs, but notes that the wildcard of tariffs could impact the market. McIntosh also likes tech stocks, particularly Nvidia (NVDA) and Tesla (TSLA), as part of a barbell approach to investing,...

Tim Quast discusses why stocks could struggle to sustain a broadening rally beyond the largest names, such as those in the S&P 500. He says less than 10% of trading volume comes from fundamental stock picking, while models and high-frequency traders drive around 75% of volume. With 90% of assets concentrated in large caps and only 5% in the Russell 2000, Quast believes it's mathematically unli...

The 2025 IPO market is on track to be a record-breaker, with Jim Neesen expecting 100% of 2024's new issuances to be surpassed by year-end. He joins Dean Quiambao to discuss the surge in IPO activity, citing a "bumper crop" of 114 clients preparing for 2025-2027 transactions. The duo highlights upcoming deals in various industries, including Gemini in crypto, Klarna in FinTech, and S...