Schwab Network
Schwab Network is a financial podcast produced by Charles Schwab Media Productions Company. It offers insights and analysis on markets, investing, and economic trends. The content is provided for informational purposes only and is not financial advice.
Episodes
Bitcoin, Ethereum ETF Divergence from Futures; Bracing for Next Catalyst
Jenny Kovacs returns to Crypto Corner and sits down with Adam Lynch of Charles Schwab to talk about the latest moves in Bitcoin and Ethereum. Though Bitcoin and Ethereum have pulled back from their recent rallies, Adam says that ETF inflows show a "much more constructive" picture compared to this time last year. Keep an eye for incoming headlines are well, as Adam addresses a key questio
Stock Market Today: CRWV & DELL Plunge, BAC Takes $1.2B Earnings Hit
CoreWeave (CRWV) shares sunk as investors start to question the neocloud company's debt. Dell Technologies (DELL) had its worst trading day in a year after getting a downgrade. Bank of America (BAC) plunged on disappointing earnings and a $1.2 billion fine from the U.S. Treasury. Sam Vadas takes investors through Wall Street's top stories of Wednesday. ======== Schwab Network ========Empow
Wednesday's Top Takeaways: Housing Market Pressures Build, China Exports Surge
The U.S. housing market continues to be squeezed by growing pressures, seen in the latest MBA mortgage applications data. Overseas, China sees strength through a surge in exports. Sam Vadas takes investors through her top takeaways for Wednesday and what to watch for in Thursday's session, including earnings from TSMC (TSM). ======== Schwab Network ========Empowering every investor and trader,
MU, ASML & TSM: AI Demand Remains Strong Despite the Selloff
Isaac Wakszol says hotter inflation and rising yields remain risks for markets, particularly for banks, leveraged companies and real estate. But he remains bullish on AI demand, arguing the selloff in names like Micron (MU) reflects growing competition rather than weakening demand, while ASML (ASML) and TSMC (TSM) point to continued strength across the chip industry. Looking toward 2027, Wakszol s
Fed Hike Risk Jumps as France’s Bond Market Flashes Warning Signs
Ben Emons says hotter inflation, including renewed shelter pressures, could force the Federal Reserve to become more restrictive, with his model putting the odds of an October rate hike around 70%. He also breaks down turmoil in French bonds, where political and fiscal uncertainty is driving investors away from French debt and pressuring European banks. While contagion remains relatively contained
Stubborn Inflation & AI Power Demand Fuel the Energy Bull Case
Paul Baiocchi says stubborn inflation strengthens the case for commodities, with higher gasoline and energy costs continuing to work through the economy. He favors a diversified commodity approach and midstream energy infrastructure, pointing to inflation-protected pipeline revenues and growing U.S. LNG exports. Longer term, he sees AI data centers, robotics, reshoring, EVs and autonomous vehicles
Charts to Watch: SPX, JPM, CAT
Charles Schwab's Rachel Dashiell examines warning signs beneath the market as the S&P 500 (SPX) tests key support, with weakness in tech and momentum pointing to a possible move toward 7,600. She breaks down JPMorgan Chase (JPM), where a potential head-and-shoulders pattern puts the $322 support level in focus. Caterpillar (CAT) is also breaking key technical levels, with $661 emerging as
CHIP ETF Targets the Next Phase of the AI Buildout
Bill Birmingham of REX Financial explains why chipmaking equipment could be the next leg of the AI trade, with equipment orders potentially benefiting 12 to 18 months after rising semiconductor demand. He discusses how his firm's CHIP ETF offers global exposure to wafer equipment, advanced packaging and metrology. Birmingham also sees durable demand from massive AI spending, semiconductor supp
"We're Feeling Inflation Everywhere:" Why CPI Ignited Selloff, Ups Rate Hike Chances
September CPI coming in hot spooked markets Wednesday and ignited a selloff as inflation fears grip investors. Brian Jacobsen discusses how the print will shape the Fed's interest rate cycle as inflation concerns stay top of mind for U.S. consumers. Scott Nations notes that the 3.7% increase in year-over-year inflation is nearly double the Fed's goal as rising crude oil prices hit American
Mulberry: WDAY Vastly Oversold; PLTR, NOW, IBM Strongholds in Software
Workday (WDAY) is vastly oversold, says Brian Mulberry of Zacks Investment Management. He believes it and other key software peers are crucial as the scale of agentic AI continues to accelerate. Other names Brian likes in the space include Palantir (PLTR), ServiceNow (NOW), IBM Corp. (IBM) and Intuit (INTU). ======== Schwab Network ========Empowering every investor and trader, every market day.Sub
AMD, AVGO, AMAT & INTC: Stephen Sopko's AI Leadership Picks Beyond NVDA
Stephen Sopko takes investors through his takeaways on the slew of tech summits adding color to an evolving tech industry. Applied Materials (AMAT) focusing on efficiency research is something he believes is leading industry innovation and will shape the space. Another stock of interest Stephen names is Broadcom (AVGO), a company he favors as it develops new products while delivering exceptional g
Ca$htag$: META Ads, Product Demand Back Stock's Sharp Rally
Consumers and investors alike have warmed up to Meta Platforms (META), and LikeFolio's data shows that it's not just the stock price reflecting that demand. Megan Brantley explains how Meta Ads are outperforming peers like Reddit (RDDT) and Snap, Inc. (SNAP) as Muse AI offers new monetization avenues for the Mag 7 giant. She outlines her bull case for Meta through advertising and product e
AMZN Spending Surge Masks a Growing Consumer Divide
Joanne Hsu explains why consumer sentiment is slumping even as spending remains resilient, with Amazon (AMZN) Prime Day sales and holiday shopping expectations showing continued demand. She breaks down the K-shaped economy, where wealthier consumers benefit from stock market gains while lower-income households struggle with the cost of living. Hsu also warns that spending is outpacing income growt
The Big 3: KSS, SHOP, MSFT
TheoTrade's Don Kaufman calls the September CPI a fuse to a "powder keg market" as breadth shows lasting weakness. He offers a trio of bearish example options trades in Kohl's (KSS), Shopify (SHOP), and Microsoft (MSFT) on expectations of pullbacks occurring in all three stocks. Kevin Green offers his technical analysis in the stock charts to offer another perspective on Don'
ASML Beat & Raise Adds AI Trade Muscle, Mag 7 Earnings Must Confirm Strength
ASML (ASML) earnings were excellent for the AI trade, says D.A. Davison's Gil Luria. He points to commentary from the CEO that the company is struggling to meet demand as a bullish sign for the AI buildout. As for the stock's downside trading action, Gil attributes it to "bad luck" on a day where CPI came in hot. Steven Dickens calls ASML a "classic picks and shovels play&qu
Hot CPI, Surging Energy Costs & the Fed’s Next Move
Ed Siddell breaks down the hotter-than-expected CPI print, arguing that energy rather than monetary supply is driving inflation as Treasury yields climb. He explains how elevated diesel prices and refining bottlenecks are feeding costs throughout the economy. Siddell expects the Fed to hold rates steady in October but sees a potential December hike still on the table.======== Schwab Network ======
Boeing (BA): Production Progress, Key Approvals & Earnings Options Trade
Boeing (BA) heads toward earnings with momentum from a fighter jet contract win and a settled union contract. Ben Tsocanos looks at 737 Max 10 and 777X approvals, improving production and the potential for stronger free cash flow as Boeing works through its backlog. Tom White then breaks down the technicals and outlines a bullish call vertical options trade ahead of earnings.======== Schwab Networ
Asbury 6 Flashes Positive as AI Holds Up the Market
John Kosar sees warning signs beneath the market as weak volume and breadth leave the rally increasingly dependent on AI stocks and mega caps. He points to defensive rotation into XLC, XLU, and XLE as financials see outflows. Kosar is watching 7,621 as critical S&P 500 (SPX) support, with 8,000 as an upside target and 7,260 as major support.======== Schwab Network ========Empowering every inve
Options Corner: Trading Opportunity in LMT "Head and Shoulders" Pattern
Ben Watson of Charles Schwab has his eye on Lockheed Martin (LMT) forming a head and shoulders pattern in its stock chart. He explains how price action can fall back in favors of the bulls. Ben then turns to an example options trade for Lockheed Martin. ======== Schwab Network ========Empowering every investor and trader, every market day.Options involve risks and are not suitable for all investor
ASML Earnings Show No Slowdown in AI Trade as Demand Outpaces Supply
ASML (ASML) showed no signs of slowdown in the AI trade as the Dutch lithography company struggles to meet rampant demand. Jenny Kovacs takes investors through the company's earnings beat and guidance raise to highlight the importance ASML plays in the AI trade. Prosper Trading Academy's Scott Bauer turns to an example options trade for ASML. ======== Schwab Network ========Empowering ever
AI Chip Rally Needed to Rope in SPX & RUT Bulls, Crypto ETF Flows End "Crypto Winter"
AI chip stocks were looking very good, until now, says Charles Schwab's Nathan Peterson. He says the cohort needs to lead Wall Street for investors to regain confidence after a hot September CPI print raised odds of an interest rate hike. Nate takes a look at how all the volatility continues to batter small caps, the Russell 2000 (RUT), and the greater S&P 500 (SPX). Jim Ferraioli turns to
CPI Reflects Crude Oil Inflation Impact, BAC Earnings Take $1.2B Hit
Kevin Green points to core CPI as the true culprit behind investor concerns Wednesday morning, and with energy driving inflation woes. He takes investors through the metrics underneath CPI headline numbers and the shift to a roughly 50% probability of a Fed interest rate hike in October. Crude oil remains volatile as well over war escalations in the Middle East and between Russia and Ukraine. In e
Wednesday's First Moves: META PT Changes, DELL & HPE Downgrades, MS Earnings
Morgan Stanley (MS) beat on the top and bottom line in earnings but showed weakness in its fixed income business. Barclays downgraded Dell Technologies (DELL), HPE (HPE), and NetApp (NTAP) after all experienced strong rallies this year. Goldman Sachs, Guggenheim, and UBS all adjusted their price targets on Meta Platforms (META). Diane King Hall turns to the biggest market movers starting Wednesday
Andrew Plum Sees Stock Strength as Inflation Rises, Bull Case in Gold
Expectations for a Fed interest rate hike more than doubled after the September CPI continued to show an inflation uptick. Andrew Plum still believes the long-term outlook for equities remains positive, though the timeline of a turnaround will depend on how quickly the U.S.-Iran war ends. In the meantime, Andrew says gold should be a top investor pick as the U.S. dollar faces ongoing pressure from
Hot Inflation, Fed Hike Fears & the AI CapEx Boom
A hotter-than-expected inflation print sparked a selloff in stocks and bonds and raised the odds of another Fed rate hike. Amol Dhargalkar explains why inflation remains above the Fed’s target and weighs the effects of elevated oil prices, Middle East tensions, a resilient U.S. economy, and the AI boom. He also looks at rising global bond yields, the generational AI CapEx cycle, and why investors
CPI's Lasting Inflation Woes, IEA's Diesel Warning Adds Pressure on Fed
Kevin Hincks takes investors through the latest CPI print, which showed a 0.1% uptick in the core headline number. While energy made a sharp upside move that pushed up inflation expectations, he points to hidden corners of the report pushing back that narrative. This CPI print raises a key question Kevin poses to investors: will this cement an interest rate hike for the Fed's October meeting.
Key Takeaways from Big Bank Earnings & AI's Impact on Financial Sector
Audrey Symes breaks down the surge of big bank earnings that kicked off the final earnings season of 2026. She points to JPMorgan Chase (JPM) missing on the top and bottom line as a surprise but believes many metrics of the report showed strength. Audrey offers her in-depth takeaways on what that report, paired with those like Citigroup (C) and Wells Fargo (WFC), mean for the big bank outlook. She
Energy Costs Dominate September CPI, Weighs on Fed's Interest Rate Cycle
Energy continues to dominate CPI as the metric for September ticked up 0.6%. Kevin Hincks runs through the key numbers underneath the headline number as equities dipped and Treasury yields ripped on the release. He calls the report a "mixed bag" beyond the energy spike. Alex Coffey explains how this CPI report plays into the overall inflation picture and why the October Fed meeting may b
Talley Leger on Stocks' Room to Run, 'Relaxed' Crude & Small Caps 'Leap of Faith'
Stocks still have room to run before the end of 2026, according to Talley Leger. He sees the "earnings engine running hot" for the current quarter and is surprised of the "relaxed" price action in crude oil. Talley adds that the fourth quarter tends to be "traditionally favorable" for equities once midterm elections end. When it comes to small caps, Talley explains ho
Chart of the Day: DELL
Dell Technologies (DELL) traded lower into Wednesday's trading session after Barclays downgraded the legacy hardware giant. Patrick Ciummo of Charles Schwab takes investors through his technical analysis of the short- and long-term chart to highlight key support and resistance areas to watch. ======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to th
IEA Expects Diesel Constraints into 2027, ASML Bolsters AI Trade & BAC Earnings
The S&P 500 (SPX) closed Tuesday's session just a half-percent off its all-time high, though as Tom White discusses, there's a lot of choppy price action under the index's surface. Crude oil volatility is also keeping investors locked on the energy trade, with commentary from the International Energy Agency saying diesel constraints will continue into 2027. On the earnings front, T
Stock Market Today: Mixed Big Bank Earnings, AI Memory Pressure, AAPL Record High
JPMorgan Chase (JPM), Wells Fargo (WFC), Goldman Sachs (GS), and Citigroup (C) showed mixed earnings results for the financial sector. AI memory stocks like Micron (MU), SanDisk (SNDK), and Western Digital (WDC) traded lower as a rising competitor boasts data capabilities. Apple (AAPL) shares hit an all-time high. Marley Kayden takes investors through Wall Street's biggest stories. ======== Sc
Tuesday's Top Takeaways: AVGO CEO Compares AI Investors to Gamblers, Mixed Healthcare Earnings
Broadcom (AVGO) CEO Hock Tan believes some AI investors don't know what products they are actually investing in, equating them to gamblers. Meanwhile, healthcare earnings gave a mixed pulse on the state of the industry even though UnitedHealth (UNH) beat. Sam Vadas and Marley Kayden offer a glimpse into their top takeaways for Tuesday's trading session. ======== Schwab Network ========Empo
RadiantGraph CEO: Health Care Is Just Scratching the Surface of AI
RadiantGraph CEO Anmol Madan says health care is still in the early innings of AI adoption, with investments focused on areas such as prior authorization, scheduling, intake and clinical note-taking. He says AI could eventually lower costs and expand access by supporting care management and chronic conditions, while near-term adoption is more likely to reshape jobs than eliminate them. Madan also
Simpro Group CEO on CRM, ADBE & the Battle to Monetize AI
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
Stock Market in "Collapsing" AI Trade? Gareth Soloway on Memory Rotation, "Topping" Yields
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
Tokenizing Equities: SECZ COO on Adding Stocks to Blockchain, ARK Partnership
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
Why Strong Earnings Could Spark a Financials Comeback
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
JNJ Earnings: Pharma Strength, MedTech Trouble & a Potential Spinoff
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
TSM Faces Sky-High Earnings Bar, Supply Struggles to Match Demand Pace
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
Bank Earnings: AI Opportunity, Rate Risks & Resilient Credit
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
Ca$htag$: AAPL All-Time High Ahead of iPhone Duo, Price Remains Key Headwind
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
GS Beats, JPM Misses: Winners and Laggards in Bank Earnings
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
AMZN October Prime Day Hits $9.86B, Deal-Hungry Consumers Keep Spending
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 deepen
The Big 3: JPM, GOOGL, AMD
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
From Bank Earnings to AI Power: Where the Market Goes Next
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
JPM Earnings: What Report Says About Consumers, Anthropic & Corporate Lending
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
UNH Earnings Beat & Raise Not Enough to Maintain Rally
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
Liz Ann Sonders on "Casino-Like" Market, SPX Growth Concentration, CPI & PPI Preview
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
CXMT Challenges MU, SNDK, Other AI Memory Stocks; Bank Stocks Retreat After Earnings
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
MU, SNDK, PANW: Buying the Tech Selloff as Volatility Builds
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
AMZN, SYK, CMS: Where Mark Zagata Sees Opportunity for Value Investors
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.====
Tuesday's First Moves: WFC Mixed Earnings, JNJ Beat & Raise, DPZ Slides
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
Big Banks Weather Interest Rates, AI Spending Tests Tech Trade
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
South Korean Tech Weakness Hits U.S., Cooling Crude & Yields Add Macro Muscle
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
Why OpenAI, Anthropic, Other Big Tech IPOs Stay Private for Longer
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 t
Robust Corporate Earnings Face Pressured Consumer, Tight Job Market
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
'Watch Chips Today' as AI Stocks Slide, JPM Double Miss Begins Earnings Season
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
Chart of the Day: META
Meta Platforms (META) is losing trend strength, says Ben Watson of Charles Schwab when looking at the Mag 7 stock chart. He discusses how the short-term price action is dragging down what has been very strong bullish traction for Meta. ======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscr
Stock Market Today: META Muse Wonder, MU Sells, EBAY Rallies
Meta Platforms (META) surged on Monday's session after it released Muse Wonder. Micron (MU) and SK Hynix (SKHY) both sold off as Chinese competitor CXMT said it has a design that can store more data. eBay, Inc. (EBAY) moved higher after Morgan Stanley named the online retailer a top pick stock. Sam Vadas turns to the biggest movers of the trading day.======== Schwab Network ========Empowering
Monday's Final Takeaways: INTC & AVGO CEOs Voice AI Capital Concerns
More AI companies are tapping into debt markets as the CEOs behind Intel (INTC) and Broadcom (AVGO) warn that capital constraints on the industry will lead to more significant headwinds. Sam Vadas adds more insights to her top takeaways of the trading session. ======== Schwab Network ========Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https:/
Lightbridge (LTBR) CEO on CEG & GOOGL Nuclear Energy Deal, Global Expansion
Lightbridge (LTBR) president and CEO Seth Grae joins Market on Close from the TopFuel2026 nuclear energy conference to discuss how companies are building the future of nuclear energy infrastructure. Seth points to deals like that between Constellation Energy (CEG) and Alphabet (GOOGL) to address the need Big Tech companies see nuclear power playing in the AI infrastructure buildout. He then talks
CMG Takeover Talk: Distraction for SBUX, or Real Global Growth Driver?
Daniel Binns, Global CEO of Elmwood Brand Consultancy, discusses reports of a potential Starbucks (SBUX) and Chipotle (CMG) deal and why the combination could create back-office efficiencies and accelerate Chipotle’s global expansion. He says the timing could be a distraction as both companies work through turnarounds, while Chipotle faces traffic challenges and potential takeover interest. Binns
NVDA, AVGO & MU Show AI Strength as Earnings Take Center Stage
Mike Dickson says earnings remain the key driver for stocks despite higher yields, oil prices and a strong dollar. He sees earnings season as a potential catalyst for broader market participation after recent deterioration in breadth, with bank results offering clues on consumers, credit conditions, loan demand and corporate investment. Dickson also points to strong AI demand at Nvidia (NVDA), Bro
ASML 'Overpriced?' John Blank on Earnings, Sentiment & Customer Headwinds
ASML (ASML) reports earnings Wednesday morning, and John Blank tells investors to brace for a volatile move based on the options market. He adds that the stock is "overpriced" based on its current valuation. "They don't have any room for error" with the stock currently valued on 2028 earnings, says John. He discusses how ASML's monopoly on its tech isn't enough to o
Big Banks to Begin Earnings Season: How Fed & Economy Impact JPM, GS, WFC & Others
Big banks will begin a highly anticipated earnings season on Wall Street Tuesday morning. Among the biggest names: JPMorgan Chase (JPM), Wells Fargo (WFC), Goldman Sachs (GS), and Citigroup (C) among others. Robert Schein will have an ear to JPMorgan Chase CEO Jamie Dimon's economic commentary, as well as investment banking metrics and dealmaking inflow. Macrae Sykes discusses more on headwind
Charts to Watch: SPX, DIS, V
Brett Crowther of Charles Schwab breaks down the technical outlook for the S&P 500 (SPX), Walt Disney (DIS) and Visa (V). He sees SPX testing resistance near 7,800, with a breakout potentially opening the door to 8,035. Disney has bullish momentum but faces resistance around $109, while Visa’s breakout to all-time highs could put $430 in play.======== Schwab Network ========Empowering every in
Looking Beyond U.S. Large Caps With OCTI’s Uncapped International Strategy
Charles Champagne, CEO of Allianz Investment Management, explains the Allianz International Equity Buffer 15 Uncapped October ETF (OCTI). He discusses opportunities in international equities as investors look beyond concentrated U.S. large caps and the AI trade, highlighting value-oriented sectors like industrials, financials and materials. Champagne also covers currency, geopolitical and regulato
Why Big Bank Earnings Can See Upside Surprise as JPM, WFC, GS Face Rising Yields
Sheraz Mian previews earnings season as estimates rise and banks including Citigroup (C), Wells Fargo (WFC) and JPMorgan Chase (JPM) kick off reports. He looks at trading strength, loan demand, rising yields and Morgan Stanley’s (MS) cautious outlook. Mian also highlights broad earnings growth and explains why financials, industrials and basic materials could deliver upside surprises as tech faces
Ca$htag$: DPZ Faces GLP-1, Delivery and Margin Headwinds
LikeFolio's Landon Swan breaks down Domino’s Pizza (DPZ) ahead of earnings. He says heavy promotions are helping drive interest but could pressure margins, while flat same-store sales suggest growth is coming largely from new stores. Swan also points to GLP-1 adoption, rising negative customer sentiment and competition from Uber Eats and DoorDash as headwinds, even as Domino’s pushes digital o
Fed "Fighting Wrong Fight?" How Global Picture Complicates Interest Rate Outlook
As the Fed readies to decide on the direction of interest rates at the end of October, William Lee tells U.S. investors to look abroad. He explains how countries like France and other European giants "lost" the central banking narrative and discusses ways it applied to the U.S. William adds that the Fed is "fighting the wrong fight" in its efforts to curb inflation. Josh Taves
AI Is Driving Rates Higher: Fed Policy, Layoff Risks, Productivity & TIPS
Preston Caldwell of Morningstar Wealth argues the AI investment boom is strengthening economic demand and helping keep interest rates higher, even as AI could ultimately become deflationary through productivity gains. He discusses how strong core inflation, the labor market and AI spending could influence the Fed, while a slowdown in investment or rise in layoffs could eventually bring lower rates
The Big 3: PLTR, MRNA, DELL
On the fourth anniversary of the current bull market, Tim Biggam points out the pushback against stocks as crude oil and Treasury yields stay elevated. That doesn't mean he doesn't see trading opportunities in Monday's session, calling out three stocks he believes overextended their recent rallies. He outlines Palantir (PLTR) after hitting new all-time highs, Moderna (MRNA) as it conti
Jim Iuorio on "Excellent" 10-Year Treasury Demand, SPCX Bull Case in Spectrum
Jim Iuorio discusses the "excellent" demand in bonds through the 10-year Treasury auction. The U.S.-Iran war, paired with international bond moves, lead Jim to believe yields will persistently maintain upward momentum. He explains how several macro factors will keep Treasury yields top of mind for investors and the impact they have on equities. A surge in global liquidity adds to Jim'
UNH Earnings: Medical Costs, Margin Improvement, AI & Options Trade
Daniel Rich of CFRA Research previews UnitedHealth (UNH) earnings as the insurer works through elevated medical costs and margin pressure. He sees longer-term upside from premium increases, Medicare Advantage ratings, AI-driven cost cuts and resumed share buybacks. Tom White closes with a UNH options trade.======== Schwab Network ========Empowering every investor and trader, every market day.Optio
Analysts Divided on AI Software: MSFT, PLTR, PANW Downgraded; CRM Upgraded
There's a clear divide in AI-tied software names between downgrades in Microsoft (MSFT), Palantir (PLTR), and Palo Alto Networks (PANW) while Salesforce (CRM) received a double upgrade. Sam Vadas discusses the factors BofA sees in taking the leap into the bull camp as other key software names struggle on the session. Prosper Trading Academy's Scott Bauer turns to an example options trade f
CPI Needs Strong Upside Surprise to Shake Fed, Factors Behind 10-Year Yield Rally
What will Wednesday's CPI print mean for the Fed's interest rate cycle? Collin Martin of Charles Schwab expects one more rate hike between now and end of year, but not until December. He believes the numbers need to show a sharp upside surprise for the FOMC to hike rates again in October, noting Fed governor expectations cooling for the immediate need to hike again. Collin also discusses t
AI, Semis & $100 Oil: Fed, Election and Earnings Risks Ahead
Michael Shaoul discusses the Fed, election risks, AI and the earnings outlook heading into year-end. He remains bullish on energy and crude oil, which he says could move into triple digits, while warning that high expectations leave semiconductors vulnerable. Shaoul sees macro forces gaining importance as investors weigh rates, geopolitics and whether tech earnings can deliver.======== Schwab Netw
KG on SPX Consolidation, Energy's Volatile Rally & CPI Impacts to Fed
Consolidation is the word of Monday's trading day, according to Kevin Green, who highlights his technical analysis in a flat S&P 500 (SPX) within 30 minutes of the opening bell. Tech began the session under pressure while energy rallied alongside crude oil. KG discusses energy crack spreads and the lasting price elevation in diesel as futures hover at a key resistance area. As for the infl
Nasdaq Uptrend, Market Breadth Concerns & Breakouts in CIBR, ABBV, CAKE and URBN
Mario Lagana sees strong technical momentum in the Nasdaq and S&P 500 (SPX), but warns that weak market breadth remains a concern. He highlights strength in software and cybersecurity, including CIBR ETF, CrowdStrike (CRWD), Palo Alto Networks (PANW) and Fortinet (FTNT), while also watching AbbVie (ABBV), Cheesecake Factory (CAKE) and Urban Outfitters (URBN). Lagana says earnings and forward g
