Schwab Network

Loop Capital upgraded Netflix (NFLX) to a buy from hold and called its prior downgrade of the stream giant a "mistake." Diane King Hall dives into the commentary that includes how Netflix's content drives profits. Piper Sandler and Guggenheim both upgraded Workday (WDAY) due to "environment improvements" and a wider runway for growth. Diane also notes Bernstein's upgrad...

Jonathan Corpina previews Powell’s press conference after the Fed rate cut decision and how it could move markets. He thinks if his comments spook the market, there could be a “3-4%” pullback over the next few days. “The market is expecting a little more clarity” around the end of the year, but he expects Powell to remain vague. Jonathan also discusses the burgeoning IPO market, which he considers...

Nvidia's (NVDA) China headwinds grow. Reports say Chinese internet regulators ordered companies not to buy the company's chips. Jenny Horne notes Nvidia's downside price action and rallies in Chinese A.I. stocks like Alibaba (BABA) and Baidu (BIDU) painting a mixed picture for the international chip trade. ======== Schwab Network ======== Empowering every investor and trader, every mar...

Today's session is all about the Fed. Kevin Hincks catches investors up to speed on the near-certain 25bps interest rate cut the FOMC is expected to announce in the afternoon. However, Kevin makes the case that the Fed's economic projections and future rate cuts will be more critical for investors. He later touches on the rise in weekly mortgage applications. ======== Schwab Network ======...

Alibaba (BABA) shares rise after reports its A.I. chip received a big order from China's Unicom. Rick Ducat zooms out on BABA's chart going back to the peak-COVID pandemic levels to show how far it has fallen. Over the past year, Rick says its shares have risen to a +2 Standard Deviation channel showing significant moves over the last year. Later, Tom White demonstrates an example options...

Daniel Siluk says some market participants are looking for a 50bps rate cut which he believes would indicate "panic." On the Fed's dot plot, he states it could be a little bit more disperse but adds that he doesn't really know any investors or traders that build a position based off of it. Daniel indicates that Jerome Powell's commentary will be critically important and doesn...

Chris Versace joins Diane King Hall at the NYSE to discuss the Federal Reserve's pending rate decision, which has largely been priced in as at least a 25bps cut. He disagrees with some predictions that upwards of 6 rate cuts could be forecasted by the Fed. Chris chimes in on inflation pressures impacting retailers and consumers right now, and how that factors into the Fed's decision. He ad...

Rachel Dashiell breaks down the recent price activity in Workday (WDAY). She points to the stock's relative weakness compared to the overall information technology sector over the past 90-days. On a longer term chart, she says there's a confluence of signals coming into place including the 50-day simple moving average below recent upward resistance levels near $240. ======== Schwab Network...

Kevin Green says technically the markets are still doing a "phenomenal job" hitting higher highs but the FOMC decision - especially its Summary of Economic Projections - will be key for future performance. KG says the addition of Stephen Miran to the Fed governors could add another dissenting voice to the central bank which will add another layer to Chairman Jerome Powell's messaging...

Zed Francis says Fed chair Jerome Powell "waved the white flag" at Jackson Hole, believing he listened to calls from his committee that it was time to signal a rate cutting cycle. He says there's "no reason to go against the market" and expects a 25bps rate cut. When it comes to cuts ahead, Zed sees the committee setting up a "game plan" for the dot plot and will...

Ahead of Wednesday's interest rate decision, Peter Tuchman talks about the possibilities of a 25bps rate cut and a 50bps. In the event of a 50bps cut, he expects a "kneejerk" market reaction to the downside. On the tariff front, Peter warns that consumers still haven't experienced the true impact of tariffs no matter what the Fed's decision ends up being. ======== Schwab Netw...

Markets were fairly muted ahead of Wednesday's FOMC interest rate decision, though all major indices slipped below the flat line. Oracle (ORCL) was one stock that saw notable gains after President Trump and other reports hinted at its connection to a tentative deal involving TikTok. Alphabet (GOOGL) will make a $6.8 billion commitment to build A.I. infrastructure in the UK. Warner Bros. Discov...

Walt Disney (DIS) just turned the page on its partnership with Webtoon (WBTN). The digital comic book company rallied to August 2024 highs after Disney added a 2% stake in the company. This comes on the back of a partnership penned by both companies last month. George Tsilis talks about what puts this company in a unique position outside the partnership and its path for profitability. ======== Sch...

CoreWeave (CRWV) has seen eye-watering price action ever since its IPO in March. Rick Ducat notes the OpenAI and Nvidia (NVDA) contracts driving a lot of that movement but adds that not all analysts have a bullish take on the stock. He points out key options activity and levels investors should watch in the weeks ahead. ======== Schwab Network ======== Empowering every investor and trader, every m...

Bot Auto CEO, Dr. Xiaodi Hou, joins Market on Close to talk about his company's successful humanless test drive of a truck in Houston. He talks about how the test worked and the tech behind it. On Tesla (TSLA), Hou credits the company for advancing regulatory measures in the U.S. and explains where he sees the autonomous industry down the road. ======== Schwab Network ======== Empowering every...

Tony D'Onofrio shares his retail sales takeaways, noting a strong holiday season ahead despite economic headwinds. He discusses how retailers are adapting to supply chain challenges, including inventory distortion and tariffs, and the growing importance of e-commerce and direct-to-consumer sales. He also highlights the potential of AI in retail. ======== Schwab Network ======== Empowering ever...

Brian Mulberry and Ryan Stever preview tomorrow’s Fed announcement. Ryan doesn’t see the “alarm bells ringing” for a rate cut and doesn’t see a long-term rate cut cycle as necessary. Brian is focused on the language out of the Fed, saying a cut tomorrow is priced in so what’s important is what they see ahead. Ryan maintains that the Fed’s independence is paramount as Stephen Miran is confirmed to...

The Fed has been "too restrictive for too long," says David Nelson. He says an interest rate cut tomorrow will give the markets some breathing room as the economy faces pressure on the jobs front. David later talks about stocks, including Oracle (ORCL), where he has doubts of its recent guidance. He points to the company "bleeding cash" as a concern moving forward. David's...

Cosmo Jiang from Pantera Capital discusses Helius Medical Technology (HSDT), a neurotech firm, shifting to Solana Treasury Company. He explains why Solana is their cryptocurrency of choice and discusses fundraising around $1.2 billion for the project. Solana is a “free cash flow producing” token, he notes, and argues that in the coming years, financial systems will be built on blockchain. “We stro...

“We’ve just got to accept that the BLS is living in the 1950s,” Jim Thorne exclaims, making the case to disregard the jobs reports. “Why the heck is the Fed…[anchoring] only off of that?” He thinks the Fed should have been cutting “long ago.” Cuts today take “at least two years” to kick in, so a cut this week may not be the quick fix markets are hoping for. Jim gives his outlook for 4Q and the “ea...

TD Cowen downgraded Warner Bros. Discovery (WBD) over risk/reward concerns if a reported bid from Paramount Skydance (PSKY) falls through. George Tsilis talks about the delicacies of the deal and concerns on it building a potential monopoly. On the other end, George highlights hope from investors it can reinvigorate linear TV and cut costs for both companies. ======== Schwab Network ======== Empow...

Likefolio’s Andy Swan shares sentiment data around Airbnb (ABNB), arguing that it is “lagging peers and under pressure.” The novelty has “worn off” for Airbnb and it has a “long way to go before any sort of turnaround is complete,” he adds. Fees, inconsistent experiences, and other factors are pushing travelers to hotels, while rivals like Vrbo take market share. ======== Schwab Network ======== E...

Jessica Inskip tells investors to pay attention to tone in Wednesday's interest rate decision. She turns to three stocks she believes are poised for growth following the expected interest rate cut. Jessica labels Citigroup (C) as a long-term investment play, T-Mobile (TMUS) as a key company to monetize 5G innovation, and Alphabet (GOOGL) as a leader in targeted ads through A.I. innovation. Ric...

Edison Byzkya says the Retail Sales report may be causing concern in the market that we won’t see a Fed cut tomorrow. He’s looking ahead to Powell’s remarks tomorrow more than the actual decision, which he expects to be a 25 basis point cut. He talks about the possibility of reinflation from rate cuts, especially if homebuyers flood the market. Edison explains what to watch in the bond market to s...

Eric Brackmann and Ted Rossman give their takeaways from a hotter-than-expected Retail Sales report. Eric expects strong numbers to continue, noting this is the third better than expected print in a row. Ted notes that almost all sectors saw sales strength; “it does make you wonder where the money is coming from,” though. They both outline their expectations for the holiday season. ======== Schwab...