Charles Schwab reported a 48% increase in new assets.Retail investors are saving legacy finance firms. https://t.co/jAky9oQijj ...

Financial Data and Key Metrics Changes - The company reported quarterly earnings per share of $2.78, a 23% increase year-over-year [4][13] - Total revenue increased by 9% year-over-year to approximately $3.5 billion, with fee revenue growth of nearly 12% [13][14] - Pre-tax margin expanded approximately 270 basis points to 31%, and return on tangible common equity was approximately 160 basis points higher at 21% compared to the previous year [15][24] Business Line Data and Key Metrics Changes - In investment services, servicing fees grew by 7% year-over-year, with assets under custody and administration (AUCA) reaching a record $51.7 trillion, a 10% increase [14][16] - Management fees increased 16% year-over-year to a record $612 million, supported by higher average market levels and net inflows, with assets under management (AUM) climbing to a record $5.4 trillion [17][18] - FX trading services and securities finance revenues collectively increased by 17% year-over-year [14] Market Data and Key Metrics Changes - The company achieved nearly $50 million in servicing fee revenue wins in the quarter, bringing the year-to-date total to approximately $250 million [16] - Net inflows totaled $26 billion for the quarter, reflecting solid momentum across ETFs, cash, and institutional index fixed income [17] Company Strategy and Development Direction - The company is focused on advancing product innovation and enhancing capabilities to better serve clients, with strategic initiatives launched in the third quarter [5][6] - A strategic partnership with Apex Fintech Solutions aims to expand wealth services offerings through digital custody and clearing solutions [7][16] - The company is strategically positioning itself to bridge traditional and digital finance, with a forthcoming launch of a digital asset platform [6] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, highlighting strong business momentum and the effectiveness of their strategy [11][12] - The company expects total fee revenue growth in the range of 8.5% to 9% for 2025, an improvement from previous guidance [25] - Management noted that net interest income (NII) is expected to improve in the fourth quarter, driven by stable deposit levels and other non-rate-related tailwinds [34][40] Other Important Information - The company returned nearly $1.5 billion in capital to shareholders year-to-date, including $637 million in the third quarter [10][24] - The quarterly common stock dividend was increased by 11% to $0.84 [10][24] Q&A Session Summary Question: Thoughts on balance sheet management and operating dynamics - Management emphasized the importance of partnering with the team to drive execution and profitability, noting strong deposit flows and solid trends in the balance sheet [30][33] Question: Expectations for net interest income (NII) improvement - Management indicated that NII is expected to rise due to stable deposit levels and the reinvestment of cash flows at higher rates [34][35] Question: Insights on State Street's underperformance compared to peers - Management highlighted the underappreciated fee-based growth and the strategic overlap of their markets business with investment management [48][50] Question: Update on fee trajectory and installation cycle - Management reported a significant increase in backlog and expressed confidence in the installation cycle, with a healthy mix of back office and private market opportunities [55][58] Question: Flexibility in managing expenses and operating leverage - Management confirmed the ability to pull discretionary levers to maintain positive operating leverage, even in a downturn [70][72] Question: Capital management and potential for larger acquisitions - Management reiterated a disciplined approach to M&A, focusing on organic growth capabilities while remaining open to strategic opportunities [77][78]

Charles Schwab reported third-quarter earnings that beat estimates as the firm benefited from a surge in retail investing activity https://t.co/A6g0S0ximx ...

Market Overview - U.S. stock futures rose on Thursday following mixed moves on Wednesday, with major benchmark indices showing positive futures [1] - The 10-year Treasury bond yielded 4.02%, while the two-year bond was at 3.50%, indicating market expectations for interest rate cuts [2] Earnings Reports - Bank of America Corp. and Morgan Stanley both exceeded Street expectations in their earnings reports [1] - Charles Schwab Corp. is expected to report earnings of $1.25 per share on revenue of $5.99 billion, with shares up 1.94% ahead of the announcement [6][8] - Salesforce Inc. set a revenue goal of over $60 billion by fiscal year 2030, indicating an organic compounded annual growth rate of over 10% from FY26 to FY30, with shares jumping 4.01% [7] - Hewlett Packard Enterprise reported record revenue due to AI demand but saw profit margins compressed by restructuring costs, leading to a 9.19% drop in shares [7] - J B Hunt Transport Services Inc. reported earnings of $1.76 per share, beating estimates, and revenue of $3.05 billion, also above expectations, resulting in a 12.44% increase in shares [17] - US Bancorp is expected to report earnings of $1.13 per share on revenue of $7.16 billion, with shares down 0.24% ahead of the announcement [17] Sector Performance - Gains in real estate, utilities, and communication services stocks led the S&P 500 to a positive close on Wednesday, while materials and industrials ended lower [11] - The SPDR S&P 500 ETF Trust and Invesco QQQ Trust ETF rose in premarket trading, with SPY up 0.25% and QQQ up 0.43% [3] Analyst Insights - BlackRock maintains an overweight stance on U.S. equities, attributing the dollar's decline to predictable market factors rather than a threat to its reserve currency status [13][14] - The firm views potential Federal Reserve easing as a positive for American companies, supported by stronger corporate earnings in the U.S. compared to other developed markets [15]

Core Insights - The article emphasizes the importance of diversifying investments beyond the stock market to hedge against inflation, highlighting Charlie Munger's investment philosophy [1][5]. Investment Platforms and Strategies - Moby's stock picks have outperformed the S&P 500 by an average of 11.95% over the past four years, aiding over 5 million users in identifying promising investments [2]. - Platforms like Moby provide tailored stock research for everyday investors, making stock picking safer by leveraging expert insights [2]. - For retirement savings, financial experts suggest millennials will need between $3 million and $4 million to retire comfortably due to current inflation rates [3]. Asset Classes for Diversification - Fine art is presented as a stable investment option, with platforms like Masterworks allowing investors to buy fractional shares of high-value contemporary art [7][8]. - Real estate is highlighted as another effective diversification tool, with new platforms simplifying access to this market [9]. - Homeshares offers accredited investors access to the $36 trillion U.S. home equity market with a minimum investment of $25,000, providing exposure to owner-occupied homes [10]. - Non-accredited investors can use crowdfunding platforms like Arrived to invest in rental and vacation properties starting from $100 [11][12]. Gold as an Investment - Gold is noted as a long-term inflation hedge, with Gold IRAs providing tax advantages while allowing investment in physical gold [13][14]. - Thor Metals is mentioned as a resource for opening a Gold IRA, combining the benefits of gold investment with retirement account advantages [14]. Investment Philosophy - Charlie Munger's wisdom emphasizes that one only needs to "get rich once," suggesting that effective savings vehicles can help secure retirement funds amidst market uncertainties [15].

Core Insights - BAD BEAT Investing, led by Quad 7 Capital, is a team of 7 analysts with nearly 12 years of experience in identifying investment opportunities [1] - The firm is recognized for its February 2020 recommendation to sell everything and go short, maintaining an average position of 95% long and 5% short since May 2020 [1] - The company emphasizes teaching investors to become proficient traders through a structured playbook, focusing on short- and medium-term investments, income generation, special situations, and momentum trades [1] Company Overview - Quad 7 Capital has expertise in various fields including business, policy, economics, mathematics, game theory, and sciences [1] - The firm shares both long and short trades and invests personally in equities discussed within their investing group [1] - The goal of BAD BEAT Investing is to provide in-depth, high-quality research with clear entry and exit targets to save investors time [1] Benefits of BAD BEAT Investing - Investors can learn to understand market dynamics and execute well-researched trade ideas weekly [2] - The service includes access to 4 chat rooms and daily summaries of key analyst upgrades and downgrades [2] - Participants can also learn basic options trading and utilize extensive trading tools [2]

Group 1 - The article emphasizes the importance of starting investing with limited funds and provides a structured approach to do so using AI tools like Grok [1][2] - Setting clear financial goals and budgets is crucial, with a recommendation to have an emergency fund covering three to six months of living expenses before investing [3][4] - The article suggests focusing on fractional shares through low-cost platforms such as Acorns, Stash, or Robinhood, and highlights the benefits of index funds and ETFs that track the S&P 500 [5] Group 2 - Grok advises on the use of retirement accounts, recommending either a Roth IRA for tax-free growth or a traditional IRA for current tax minimization, and suggests utilizing employer-sponsored plans for matching contributions [6] - The recommendation of dividend reinvestment plans (DRIPs) is made as a safer investment strategy compared to high-risk options, allowing gradual cash flow growth [7] - The article concludes with the importance of continuous education in investing and the establishment of automatic transfers to foster positive investing habits [8]

Core Insights - Rida Morwa has over 35 years of experience in investment and commercial banking, focusing on high-yield investment strategies since 1991 [1] - The Investing Group High Dividend Opportunities aims for a targeted safe yield of over 9% through various high-yield investments [1] Features of the Service - The service includes a model portfolio with buy/sell alerts, preferred and baby bond portfolios for conservative investors, and active chat access to service leaders [2] - It emphasizes community and education, promoting the idea that investors should not invest alone [2]

Core Points - The company, Kingstone Capital Group (01160), announced that as of September 30, 2025, its unaudited net asset value per share is approximately HKD 0.017 [1] Summary by Category - **Company Announcement** - Kingstone Capital Group has released an announcement regarding its financial status [1] - The reported unaudited net asset value per share indicates the company's current valuation [1] - **Financial Metrics** - The net asset value per share is approximately HKD 0.017, providing insight into the company's financial health [1]

Core Insights - Crude Value Insights provides an investment service and community focused on the oil and natural gas sector, emphasizing cash flow generation and growth potential [1] - Subscribers benefit from a model account featuring over 50 stocks, detailed cash flow analyses of exploration and production (E&P) firms, and live discussions about the industry [1] Subscription Offer - A two-week free trial is available for new subscribers, allowing them to explore the oil and gas investment opportunities [2]