Schwab Network

It's the Fourth of July! Time to serving up technical trends and analysis for some of America's favorite drink and food brands. Jenny Horne and Alex Coffey talk about the fundamentals affecting Anheuser-Busch (BUD), PepsiCo (PEP), and Nathan's (NATH). Rick Ducat dives into the charts to highlight bearish and bullish trends. ======== Schwab Network ======== Empowering every investor and...

Tony Zhang says Target (TGT) may be due for a comeback. After shedding 50% of its value over the past year, he says the stock has been trying to form a base which could signal it turning a corner. Tony believes the company offers an attractive valuation compared to peers Walmart (WMT) and Costco (COST) which trade at higher multiples. With TGT trading at 14x forward earnings, Tony sees upside pote...

Netflix (NFLX) has "all the ingredients for success in a world of uncertainty," argues CFRA's Ken Leon. The stock has nearly doubled year-over-year, and Ken sees similar growth in the future. He believes the company's tenured leaders will continue to drive growth strategies, which includes Netflix's advertising revenue. Tom White offers bullish and bearish example options tra...

Wednesday afternoon, Bloomberg reported that OpenAI will lease 4.5 gigawatts of computing power from Oracle (ORCL) for its Stargate initiative. Oracle committed $7 billion to Stargate so far and plans to spend another $25 billion through capital expenditures in 2026. Jeff Pierce talks about the latest development that's thrusting Oracle's stock momentum into the stratosphere. Joe Tigay off...

Needham upgraded Meta Platforms (META) but still remains on the sidelines with a hold rating. Diane King Hall talks about the firm's concerns with Meta's A.I. costs weighing against growth projections. Meanwhile, BNP Paribas signaled a strong sentiment shift for FedEx (FDX) with a double upgrade on the stock despite competition from Amazon (AMZN). Diane also points out Roku Inc. (ROKU) and...

Eric Diton says the market's second-quarter rally isn't a surprise, given President Trump's history of negotiating big and then compromising. Diton notes that despite strong jobs data, he's more concerned about the long-term impact of automation on the labor market, citing Ford CEO Jim Farley's prediction that half of all white-collar jobs could be replaced by A.I. While Diton...

Intel (INTC), TSMC (TSM) and Micron (MU) are all expected to benefit from boosted tax credits under President Trump's "big, beautiful bill." Jenny Horne talks about how these companies can jump with the extra leg of support as companies like Nvidia (NVDA) and Broadcom (AVGO) continue to thrive. The U.S. also lifted export controls on chip-design software to China. As Jenny explains,...

Sam Stovall says the labor picture remains "fairly resilient" and doesn't see Chairman Jerome Powell needing to hint at a rate cut in the July FOMC meeting. He adds that Powell is on "pins and needles" alongside everyday investors as we continue to get good economic data. On the broader market performance, he looks to historical trends that may indicate further upside could...

Needham upgraded Meta Platforms (META) to a hold rating, up from an underperform. Rick Ducat examines the bullish patterns taking place on the social media giant's chart. He does caution investors that a "bearish divergence" could be shaping up in the RSI momentum study. Later, Rick composes an example options trade by selling a cash secured put. ======== Schwab Network ======== Empo...

Jason Greer looks at the different messages from the latest jobs report and ADP report. He sees employees that are "scared" not knowing what the next months will be, pointing to layoffs across various industries and the unknown of tax cuts plus tariff policy questions lingering. He says the jobs growth is tilted to leisure and healthcare, but says manufacturing market jobs look "hel...

Seth Schachner joins Morning Movers to examine the "remarkable" growth of Netflix (NFLX). He breaks down the company's foray into advertising-backed streaming offerings, the premium content offerings and overall engagement strategy with its audience. Asked if the momentum is sustainable, Seth says the company's data-centric and uses a pretty measured strategy for its distribution...

Datadog (DDOG) will join the S&P 500 (SPX) later this month, replacing Juniper Networks following its tie-up with HP Enterprise (HPE). Kevin Horner examines the chart layout for DDOG, keying in on $127-$128 for the 20-day moving average level to watch today but adds that a $10 move might be in the cards based off of the news. Kevin adds that $137 was acting as resistance, but now could be a le...

Tom White explains the significance of this morning's labor market data as it relates to the Fed's rate cut odds. He says a "bad number might be good for the markets, while a good number might be bad for the markets" and says today's focus is "all about the jobs report." Later, Tom takes a look at the potential market implications of the tax & spending bill bein...

The SPX taps yet another new all-time high as all major indices but the $DJI closed higher. Tesla (TSLA) gave markets a boost through its rally despite posting lackluster vehicle deliveries. Microsoft (MSFT) made multiple headlines off reports of the company curbing A.I. chip ambitions, paired with another layoff. Centene (CNC) collapsed to near-decade lows after curbing its full-year guidance. Al...

Ed Butowsky was "surprised" that Tesla's (TSLA) vehicle deliveries came in at just above 384,000 for the quarter. He expected a "disaster" print despite sales already showing a 10% year-over-year decline. Ed believes valuations need to sharply decelerate or Tesla needs to find a way to swiftly drive up profits, even with expectations of a Model Y uptrend in the current quar...

Ahead of the 4th of July fireworks, Bitcoin shares surged Wednesday as crypto investor bullishness returned. Jenny Horne and Nate Peterson examine the developments out of Austin, Texas as the state is putting $10 million towards its Strategic Bitcoin Reserve. Later, Nate provides his technical takeaways on the chart of Bitcoin futures (/BTC) and then discusses the tokenization trends hitting priva...

Dryden Pence discusses the energy landscape ahead of the 4th of July holiday weekend. With tensions in the Middle East easing and OPEC's spare capacity at 5 million barrels a day, Pence believes the risk premium on crude oil has been largely priced in. While he expects a short-term demand spike due to increased travel, Pence doesn't see any major supply disruptions on the horizon. From a sector st...

George Tsilis believes Visteon (VC) is well-positioned in the autonomous tech space. Wolfe Research agreed, as it upgraded the company to outperform. George notes the partnerships Visteon racked up to make itself a competitor in the space and how it compares to Tesla (TSLA). ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute news...

Charles Schwab's Nathan Peterson says investors are experiencing a "FOMO-no-mo" market, thanks to A.I. optimism. However, he urges caution in the weeks ahead, pointing to tariff volatility as the main culprit. Cooper Howard turns to the Fed and the impact jobs data will have on interest rates. If Thursday's nonfarm payrolls comes under 110,000, Cooper expects odds of a July cut t...

Dan Deming attributes the bounce in gold and crude oil to attention back on the Middle East. If interest rates are “actually cut” later this year, he thinks gold will “most likely” move to new highs, especially if the dollar remains under pressure. He thinks Bitcoin is “not there yet” as an asset, but that the technology will keep evolving. He previews the June jobs report released tomorrow and wh...

Microsoft (MSFT) cut 9,000 workers from its company in what Christopher P. Davis calls a "capital allocation decision." He says the Mag 7 giant is "the leader" of the mega cap companies and seeks to maintain its lead through cloud strength and enterprise acceleration. However, Christopher sees Oracle (ORCL) "nipping at the heels" of Microsoft when it comes to price. =...

Matt Maley says that when there are big market scares in the spring, they often come back to bite traders in the fall. “I’m a little less bullish than I think some people are.” He thinks investors should put some cash on the sidelines for a bit and makes the argument why. “The ones with cash on the sidelines aren’t the ones who sell at the bottom – it’s the ones who are fully invested.” ======== S...

Joe Hegener thinks the market will hit highs in the second half of the year, but likens conditions to a “game of musical chairs.” One of his hot takes is that the euro won’t exist in ten years – he thinks the Eurozone will look substantially different in the next decade as populist sentiment sweeps through its members. He also says that traditional automakers will “go the way of the Blackberry,” a...

John Lonski and Daniel Zhao give their perspective on the job market after the ADP employment report posted a surprise negative. John expects rates to fall as jobs weaken and says tariffs could have a bigger economic impact than expected. Daniel notes his firm Glassdoor’s employee confidence survey has hit lows, and also expects the jobs market to keep weakening. He argues that if the economy was...

Several quantum stocks like Rigetti Computing (RGTI), D-Wave Quantum (QBTS), and IonQ Inc. (IONQ) rallied after Cantor Fitzgerald initiated coverage with buy ratings. George Tsilis notes the risk-reward outlook remains highs for the stocks, but warns investors not to get lost in the industry as it becomes crowded. ======== Schwab Network ======== Empowering every investor and trader, every market...