I am a Canadian business student with experience as an Investments Analyst at a mid-sized asset management firm and am focused on quality long-only articles and searching for high-value companies. I have an event-driven focus, evaluating how equities perform under macro events, considering their financials and corporate strategy above all else.Through university clubs, I would also like to disclose my association with Francesco Infusino.Analyst’s Disclosure: I/we have no stock, option or similar derivative ...

Charles Schwab (SCHW) raised its 2024 revenue guidance driven by upbeat equity markets following the U.S. presidential election and “increased investor engagement.” The company also posted a rise in total client assets for November.Nonetheless, SCHW shares lost 4% following the announcement of an increase in the revenue growth target for 2024 on broader market weakness.Schwab’s Favorable 2024 TrendsManagement expects total revenues to rise 3-3.5% year over year. The increase will be driven by “increased inv ...

Technical Analysis - The Charles Schwab Corporation (SCHW) has reached a key level of technical support, with its 50-day simple moving average crossing above its 200-day simple moving average, forming a "golden cross" [1] - A golden cross is a bullish technical chart pattern indicating a potential breakout, typically involving the 50-day and 200-day moving averages [1] - The golden cross event has three stages: price bottoming out, short-term moving average crossing above long-term moving average, and maintaining upward momentum [1] - Over the past four weeks, SCHW has gained 11.3% [1] Earnings Outlook - SCHW has a positive earnings outlook for the current quarter, with no earnings estimate revisions lower in the past two months and 9 revisions higher [2] - The Zacks Consensus Estimate for SCHW has increased, further solidifying the bullish case [2] Investment Potential - SCHW currently holds a 3 (Hold) on the Zacks Rank, indicating potential for a breakout [1] - The combination of positive earnings estimate revisions and hitting a key technical level suggests potential for further gains in the near future [2]

Shares of financial services name Charles Schwab Corporation (NYSE:SCHW) are 1.1% lower to trade at $80.46 at last glance, as they pull back from yesterday's highest peak since January 2023 at $81.39. There's been no shortage of speculation about what a second Trump term could mean for bank stocks. For traders looking for a quick profit, now could be the time to play SCHW.Digging deeper, Charles Schwab stock’s recent peak comes amid historically low implied volatility (IV), which has been a bullish combinat ...

Charles Schwab (SCHW) released its monthly activity report for October 2024. The company’s core net new assets of $24.6 billion surged substantially from $11.3 billion recorded in the year-ago month but declined from the previous month’s $33.5 billion.SCHW’s October Performance BreakdownSCHW’s total client assets in October 2024 were $9.85 trillion, down marginally from the September 2024 level but up 28.7% from October 2023. Client assets receiving ongoing advisory services were $4.97 trillion, falling 1% ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ________ to ________ Commission File Number: 1-9700 THE CHARLES SCHWAB CORPORATION (Exact name of registrant as specified in its charter) (State or other jurisdictio ...

Key TakeawaysCharles Schwab plans to expand its 24-hour trading, becoming the latest brokerage to embrace round-the-clock markets.Select Schwab clients will be able to trade all S&P 500 and Nasdaq-100 stocks, as well as hundreds of exchange-traded funds, at any time Monday through Friday.The capability will gradually be extended to all clients in 2025. Charles Schwab (SCHW) on Wednesday announced that it plans to expand its 24-hour trading, becoming the latest brokerage to embrace round-the-clock markets. S ...

Charles Schwab Corp. (SCHW) intends to expand its 24-hour trading accessibility to cover all stocks in major U.S. indexes alongside numerous exchange-traded funds (ETFs). These changes are set to begin in roughly two weeks. This was stated by James Kostulias, the company's head of trading services in a statement. SCHW's Rationale Behind This Move The move aims to cater to the rising interest in extended hours trading among retail investors. "About 90% of the customers we surveyed in our newest Traders Senti ...

Shares of brokerage powerhouse Charles Schwab (NYSE: SCHW ) were up more than 6% after the company reported better than expected earnings for its third fiscal quarter. The financial services company saw robust top line momentum and strong asset gathering capabilities through theAnalyst’s Disclosure: I/we have a beneficial long position in the shares of SCHW either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compens ...

Charles Schwab NYSE: SCHW had a solid quarter, outpacing expectations and issuing favorable guidance. Still, its stock price may only increase slightly because of the analyst and sell-side activity this year. Charles Schwab TodaySCHWCharles Schwab$71.96 +4.14 (+6.10%) 52-Week Range$48.66▼$79.49Dividend Yield1.39%P/E Ratio29.86Price Target$71.82Add to WatchlistThe analysts' response to the Q3 results is tepid. The number of lowered price targets outpaces the increased targets by a wide margin, narrowing to a ...