Schwab Network

Jamie Harrison, head of ETF Capital Markets at MFS Investment Management, says active management is resonating as investors seek to diversify away from historic concentration in passive products tracking a handful of stocks. He highlights new short duration fixed income ETFs for rate-sensitive clients and sees compelling opportunities in international and emerging markets. He advises staying inves...

Susan Spence of the ISM Manufacturing PMI says the September report was steady but prices leapt 6.8 percentage points back to levels not seen since the start of the Iran war. She flags production down for a second straight month and tariff uncertainty as concerns, while noting 23 consecutive months of broader economic growth. She sees no industrial revolution in manufacturing but says the AI data...

David Trainer is making what he calls his "boldest call ever" that the AI bubble "is about to pop" due to liquidity squeezes. New market dynamics from increased inflation and Treasury yields are key components backing David' bear case. He adds that IPO valuations in companies like Anthropic, OpenAI, and SpaceX (SPCX) don't make sense when examining balance sheets and pu...

Ivan Feinseth says Micron (MU) posted an incredible quarter with revenue up over 250% and earnings up over 800% as memory demand far exceeds supply. He sees a long investing cycle ahead and names Nvidia (NVDA), Intel (INTC), and SanDisk (SNDK) as core AI infrastructure picks, while viewing the MongoDB (MDB) pullback and Microsoft (MSFT) recovery as buying opportunities. He also likes Meta Platform...

LikeFolio's Megan Brantley says Nike (NKE) demand is rising but off a very low bar, with about a third of its U.S. catalog on sale and promotional activity accelerating. She sees running lines like Vomero and Pegasus as the brightest spot as Nike courts runners back from Hoka and On Holding (ONON), while lifestyle, sneakers, and Jordan Brand continue to struggle. LikeFolio's earnings senti...

Jay Mehta says resilient GDP and cooling PCE make a stronger case for a soft landing, but soft labor market internals and rising long-term yields create a core tension for investors. He sees consumer fatigue as the biggest risk and stresses selectivity as elevated yields pressure valuations. He remains positive on AI infrastructure, where revenue growth is building despite high discount rates. ===...

"There's no denying" Micron (MU) earnings were "fantastic," says Logan Gilland, who believes the company's report demonstrates long-standing need for AI memory. However, any subtle demand decline is something he sees hitting the stock already "priced for perfection." Angelo Zino agrees that the earnings delivered a strong bull case, though the stock's lack...

Rahsaan Shears, AI enterprise transformation leader at KPMG US, says corporate America is shifting from experimentation to enterprise-wide AI deployment, driven by stronger governance and growing trust. She points to productivity gains, faster decision making, and the rise of multi-agent systems as evidence that leaders are pulling ahead of companies still stuck in pilot mode. She also notes that...

Dan Deming focuses on rising software giants and existing hardware mega caps for Thursday's Big 3. He sees Cloudflare's (NET) steady rise as favorable for the stock's momentum, likes ServiceNow (NOW) as the company expands its customer base, and believes Nvidia (NVDA) will push into new record highs. Dan offers example options trades for his picks while Rick Ducat offers his technical...

Morningstar Wealth's David Swartz says Nike's (NKE) turnaround remains slow after two years, with North America stabilizing but Greater China still posting double-digit sales declines. He's watching for inventory improvement and signs that restrictions on franchisee online selling in China can restore full-price sales. Tom White demonstrates an example trade using Nike. ======== Schwab...

A lower PCE print still has a key issue of long-lasting inflation hitting other key data points, says Joe Mazzola of Charles Schwab. That will have trickle-down effects on U.S. consumers. He warns that investors also need to navigate a new quarter poised to see volatility from midterm elections and a high earnings bar. As for the reaction to Micron (MU) earnings, Joe notes AI strength across the b...

There's no clear signs that Micron (MU) demand, nor that of its peers, is slowing down any time soon. The company's earnings showed an 11-fold increase in data center revenue with guidance offering little weakness. Marley Kayden outlines the key metrics behind Micron's revenue surge and explains why analysts are beating the drum on the company's outlook. Joe Tigay offers an example...

Thierry Wizman says long-end yields are rising as governments and hyperscalers flood the market with debt to finance AI infrastructure buildouts. He expects the Fed to hold in October but warns that energy and food price spikes could force another hike. On currencies, he sees high oil as unambiguously good for the dollar and bad for the euro, sterling, and yen. ======== Schwab Network ======== Emp...

Wayne Kaufman says the market is entering the sweet spot of the presidential cycle and recommends staying overweight tech. He believes investors are underestimating the AI buildout, pointing to surging high bandwidth memory demand and data center capacity near full. His top picks include Taiwan Semi (TSM), AMD (AMD), Microsoft (MSFT), and Western Digital (WDC). ======== Schwab Network ======== Emp...

Accenture (ACN) shares soared after its earnings report, which Diane King Hall attributes to success in the company's plans to capture AI demand. Goldman Sachs added Amazon (AMZN) to its conviction list and set a $375 price target for the stock after the Mag 7 giant penned a 20-year deal with Constellation Energy (CEG). Diane notes that Wells Fargo added Microsoft (MSFT) to its tactical ideas...

Thursday's "strong" jobless claims print sets the bar a little higher for Friday's September jobs report, says Kevin Hincks. One point of concern for equity investors lies in Treasury yields and their steady rally. The 10-year yield knocked on the door of 24-year highs heading into the trading session. Kevin addresses how the moves in fixed income create an unsteady foundation fo...

Brian Glenn, CIO of Premier Path Wealth Partners, says the market sits at all-time highs despite over half of S&P names being in bear market territory, with $6 trillion in AI-related CapEx through 2030 still searching for ROI. He sees pharma as a key AI beneficiary, noting Roche's 3,500 Nvidia (NVDA) chips speeding drug discovery, and highlights Alcoa (AA) as a cheap pick at eight times ea...

Nike (NKE) shares are at historic lows as the legacy athletic wear company struggles to find footing in its turnaround story. Rick Ducat shows the stock's stark selloff and the downward funnel forming in the chart ahead of earnings Thursday. He turns to an example options trade for Nike. ======== Schwab Network ======== Empowering every investor and trader, every market day. Options involve ri...

Invesco's Charlie Rose sees "a lot of downside risk" to investing in AI data centers, a contrarian take among broader Wall Street views. While this corner of the market is something he says offers short-term growth opportunities, the long-term outlook is a different story due to "binary risk." Charlie adds that the climb in Treasury yields raises warning flags for the real...

The fourth quarter is officially underway on Wall Street. George Schultze recaps the volatile third quarter and how it sets the stage for a "mixed stock market" to close out the year. He then addresses the "big question" for Micron (MU) after the company posted strong earnings: what happens when companies pull back AI spending? George believes the AI memory industry is at the &...

A strategic partnership between OpenAI and Synopsys (SNPS) sent shares of the latter company higher into Thursday's trading day. Charles Schwab's Ben Watson takes investors through the short- and long-term price action in shares to show where bulls can expect a tentative breakout. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Mark...

Markets inched higher heading into Thursday's trading session after Micron (MU) showed lasting earnings strength supporting the AI trade. However, Tom White points out concerns on the macro front he sees hitting a concentrated stock market. One of the biggest headlines: President Trump calling on EU leaders to release more diesel supply even as the U.S. weighs its own diesel export ban. Report...

September was "relatively calm" for Bitcoin and other crypto assets compared to past years, says Jim Ferraioli of Charles Schwab. That doesn't mean risks don't exist for crypto assets. Jim points to the Fed's interest rate hike, paired with ballooning U.S. debt, as key risks crypto investors need to navigate. Meanwhile, altcoins have recently outperformed against Bitcoin desp...

Micron (MU) became the biggest stock story of Wednesday's session due to its highly anticipated earnings. Boeing (BA) shares didn't lift off even after getting a $20 billion contract from the U.S. Navy. HPE (HPE) rallied after securing its first order of AMD Inc. (AMD) Helios rack deployments. Marley Kayden talks about the biggest movers of the trading day. ======== Schwab Network ========...

Core PCE moved markets Wednesday morning after the headline numbers came in lighter than Wall Street estimated. The tech trade saw multiple interesting headlines into Micron (MU) earnings, one of which being a tentative investment from TSMC (TSM) into Texas. Sam Vadas and Marley Kayden talk about their top takeaways on today's session. ======== Schwab Network ======== Empowering every investor...