Schwab Network

Simpro Group CEO Fred Voccola says the bar for AI monetization is rising as investors separate software companies delivering real AI revenue from those still riding the hype cycle. He argues established platforms with proprietary customer data have an advantage, highlighting Salesforce (CRM) and ServiceNow (NOW) as better positioned than Adobe (ADBE) to build and monetize AI applications. Voccola...

Gareth Soloway of Verified Investing believes Treasury yields are experiencing a near-term top and will move back down to 5% or just above it. However, he argues the AI trade is "collapsing" as investors rotate out of AI memory stocks like Micron (MU), SanDisk (SNDK), and Western Digital (WDC) among others as competition in China from companies like CXMT rises. Gareth sees this pressure...

Billy Miller, COO of Securitize (SECZ), talks about the launch of Securitize Stocks and explains the goal of bringing securities on the blockchain. The company also established a new crypto-tied relationship with ARK Venture Fund that offers exposure to private companies like Anthropic, OpenAI, and Databricks among others. Billy outlines the timeline it took to secure the partnership and discusses...

Matt Bartolini says strong bank earnings and a resilient consumer support a constructive outlook for financials, despite risks from inflation, higher rates and geopolitical uncertainty. He sees financials as under-owned after significant ETF outflows and believes strong earnings could fuel a rally in the sector. Bartolini also discusses technology and health care strength, plus how the midterm ele...

Christine Short and William Soliman break down Johnson & Johnson’s (JNJ) earnings, with revenue and EPS beats plus raised guidance overshadowed by another MedTech miss. Pharma remains the key growth engine, led by Tremfya, though competition from AbbVie (ABBV), Eli Lilly (LLY) and others remains a concern. They also discuss a potential hips-and-knees spinoff, international MedTech headwinds an...

Sarah Kunst of Cleo Capital previews TSMC (TSM) earnings, expecting solid results as AI chip demand remains strong. However, investor expectations stay extremely high. Sarah discusses supply constraints, growing competition, margin pressure and why broader AI trade volatility may matter more for the stock than earnings themselves. That said, Sarah Sees TSMC’s scale and near-monopoly position as ma...

Cheryl Pate breaks down bank earnings, pointing to strong net interest income and credit trends despite softer fixed-income trading at JPMorgan Chase (JPM) and Goldman Sachs (GS). She sees AI financing as a long-term tailwind for capital markets and believes concerns about AI disrupting bank deposits are overblown. Pate also discusses Citigroup's (C) improving credit card trends, interest rate...

LikeFolio's Andy Swan believes many people will buy the Apple (AAPL) iPhone Duo, shown through his firm's data on purchase intent posts. However, spikes in price complaints are something he sees hitting the stock. "We think [the consumers] will continue to pay them," argues Andy, as he compares LikeFolio demand trends to that seen in Apple products beyond iPhone. ======== Schwab...

Dory Wiley and Stephen Biggar break down a mixed round of bank earnings, with Goldman Sachs (GS) posting a major beat, Citigroup (C) delivering strong results, and JPMorgan Chase (JPM) and Wells Fargo (WFC) facing more pressure. They discuss funding costs, net interest margins, credit quality and strong commercial loan growth, while assessing whether capital-markets activity can stay strong into 2...

Adobe Digital Insights' Vivek Pandya breaks down Amazon's (AMZN) October Prime Day, which generated $9.86 billion in online sales, up 8.5% from last year. Consumers are responding strongly to promotions, spending on everything from everyday essentials to higher-priced electronics, while social media and influencers are playing a bigger role in driving purchases. Pandya expects discounts to...

A strong economy needs strong banks, according to Joe Tigay, who discusses JPMorgan Chase (JPM) earnings and what they signal for the health of U.S. consumers. In the AI trade, he believes the latest bout of market volatility will benefit Alphabet (GOOGL) long-term, and sees AI agents leading to AMD Inc.'s (AMD) next growth stage. Joe offers example options trades for his picks while Ben Watso...

Main Management CEO and CIO Kim Arthur remains confident in roughly 23% earnings growth, pointing to a resilient consumer, rising wages and strong corporate margins. He discusses JPMorgan Chase (JPM), Goldman Sachs (GS) and Wells Fargo (WFC), while arguing rates may have peaked and could settle into a more normal range. Arthur also sees utilities as an attractive AI infrastructure play as data-cen...

CFRA's Ken Leon discusses the skeptical reaction from Wall Street to the first round of earnings in JPMorgan Chase (JPM), Wells Fargo (WFC), and Goldman Sachs (GS). For JPMorgan Chase in particular, Ken points to a lack of guidance and discussion on Anthropic's upcoming IPO as key points he believes investors wanted to see. He also explains why corporate lending is another important sticki...

UnitedHealth (UNH) shares initially rallied after posting an earnings beat on the top and bottom line, with guidance also coming in above Wall Street estimates. The stock reversed within the first hour of the trading day. Jenny Kovacs discusses more of the key metrics in UnitedHealth's earnings and why it believes there's more value in the stock Wall Street isn't seeing. Tim Biggam off...

Charles Schwab's Liz Ann Sonders addresses concerns from Broadcom's (AVGO) CEO that the AI trade is showing "casino-like" qualities. As for the new earnings season, she notes strength in the U.S. consumer but urges caution when it comes to sky-high expectations following the previous quarter. Nvidia (NVDA) and Micron (MU) are expected to drive one-third of earnings growth in the...

Existing home sales for September are up and beat Wall Street estimates, a sign of strength for a frozen housing market. Kevin Green notes the reprieve it offers for housing, though it's a small one when comparing the metric to historic standards. In the banking space, KG calls the earnings "mixed" across the industry and points to selling action taking command of Tuesday's tradi...

Scott Martin sees more volatility ahead as investors navigate the Fed, the election and sticky inflation, but says market pullbacks can create buying opportunities. He remains bullish on Micron (MU), SanDisk (SNDK) and Palo Alto Networks (PANW), while watching JPMorgan Chase (JPM) and Bank of America (BAC) for potential strength in a higher-rate environment. For the rockier stretch ahead, he favor...

Mark Zagata says strong bank guidance and a resilient economy are creating opportunities for value investors heading into 2027. He highlights Amazon (AMZN) as AI and AWS investments begin translating into earnings, while Stryker (SYK) offers upside after a difficult year. He also likes CMS Energy (CMS) for defensive exposure and argues strong earnings growth could keep value stocks performing. ===...

JPMorgan Chase (JPM) earnings showed a double miss and gained after the opening bell while Wells Fargo (WFC) showed mixed results and traded lower. Diane King Hall offers a closer look into the latter's report and discusses the investor reaction to the earnings. She then explains what's driving Johnson & Johnson's (JNJ) beat and raise quarter, along with earnings from Dominio's...

David Ellison breaks down bank earnings and why healthy credit, loan demand and deposits point to a strong economy. He discusses JPMorgan Chase (JPM), Wells Fargo (WFC), Goldman Sachs (GS) and Citigroup (C), arguing that higher rates remain manageable for banks and that the U.S. needs larger financial institutions to support growing debt and capital needs. Ellison also weighs the risks surrounding...

All stocks connected to the AI trade appear to be falling into the start of Tuesday's trading session, but as Kevin Hincks points out, a decline in crude oil and Treasury yields offers some equity relief. He explains how selloffs in companies like Samsung and SK Hynix (SKHY) in South Korea sparked the U.S. tech weakness and how a reversal can shape up during the day. Kevin turns to the start o...

Ahead of ASML (ASML) earnings Wednesday morning, Rachel Dashiell of Charles Schwab examines the pullback in shares she ties to exhaustion from a recent rally. She explains why $1,700 is the level to watch short-term as the long-term chart shows a channel forming from the stock's moves. Rachel turns to an example options trade for ASML. ======== Schwab Network ======== Empowering every investor...

Dean Quiambo discusses why companies are staying private for longer, including tech giants OpenAI and Anthropic. Companies like SpaceX (SPCX) setting record-setting debuts add to the pressure for other Big Tech IPOs. That said, Dean makes the case that these companies have more time to create a more compelling story to hook investors. ======== Schwab Network ======== Empowering every investor and...

Garrett Melson does not see a negative backdrop as corporate earnings grow, though he remains cautious on the U.S. consumer. He expects consumer spending to slow down as nominal incomes are not meeting the pace of inflation. Pressure in consumer staples and discretionary company earnings add to Garrett's thesis. He then talks about the state of the labor market and oscillations in the AI trade...

The weakness in tech is the biggest concern Tom White has heading into Tuesday's trading session, noting the tech-heavy Kospi index in South Korean seeing a huge overnight decline. "Watch the chips today," says Tom, as momentum in names like Nvidia (NVDA), Micron (MU), and AMD Inc. (AMD) have power to dictate market moves. Earnings season began with a double miss in JPMorgan Chase (J...