SCHW
NYSE · Financial Services
Schwab (Charles) Corp
$93.17
+1.14 (+1.24%)
SCHW News30 articles
Robinhood Shares Dip After $2 Billion Debt Issuance
Robinhood shares slipped 0.6% after pricing a $2 billion convertible note sale, raising $1.97 billion for buybacks, capped calls, and growth initiatives.
Robinhood Stock Surges on Job Cuts and Record Trading Activity
Robinhood shares jumped 16% following news of a 10% staff cut and $28 million in restructuring costs, with record June trading volumes boosting investor confidence.
Robinhood Soars on Record Volume and Job Cuts Despite Regulatory Risks
Robinhood shares jumped 8.7% premarket after the company announced a 10% workforce reduction and record June trading volumes, with analysts raising price targets.
Robinhood Stock Surges on Layoffs and SEC Tokenized Stock Plan
Robinhood shares jumped 11% after the brokerage announced layoffs and as the SEC considers allowing tokenized stocks, which could boost competition with Coinbase and pressure traditional brokers.
Schwab Stock Gains on Record May Metrics Amid AI and Crypto Headwinds
Charles Schwab shares rose 1.3% after reporting record May results, including $13.14 trillion in client assets and 11.8 million daily trades, as investors weigh growth against AI and crypto concerns.
Schwab's STAX Rises as Retail Investors Return to Tech, Embrace Options
Schwab's STAX index climbed to 55.08 in May from 50.10 in April, signaling renewed retail participation in the AI rally, with a cautious tilt toward ETFs and options.
SoFi Stock Slides on AI Optimism Fade, Muddy Waters Overhang
SoFi shares dropped nearly 6% Wednesday, erasing last week's gains from its AI coach and stablecoin launches, as investors weigh product potential against market headwinds and short-seller risks.
SoFi's AI Coach Launch Fails to Lift Premarket Shares as Growth Debate Intensifies
SoFi shares slipped 0.9% premarket after launching an AI financial coach, as investors weigh record Q1 growth against unchanged 2026 guidance and credit risks.
Supreme Court Seeks Trump Admin View on Robinhood IPO Lawsuit
The Supreme Court seeks the Trump administration's opinion on Robinhood's appeal to dismiss an investor lawsuit over alleged incomplete IPO disclosures, with implications for financial reporting rules.
Robinhood Stock Surges on Trump Accounts and AI Trading Launch
Robinhood stock gained 3.9% to $88.14 Friday, fueled by the debut of Trump Accounts for children and new AI-powered trading features.
Robinhood Clears Canadian Regulatory Hurdle, Eyes Growth Amid Crypto Revenue Dip
Robinhood Markets has secured regulatory approval to enter Canada through its acquisition of Coinsquare Capital Markets, with closing expected around June 1. The move comes as the company faces a 47% drop in crypto revenue.
Schwab Faces AI-Driven Cash Flow Challenge Amid Record Assets
Charles Schwab's idle cash model faces a new test as AI-powered tools make it easier for clients to shift funds into higher-yield products. The company reported record assets of $12.61 trillion in April.
Robinhood Shares Rally as April Data Signals Retail Resurgence
Robinhood shares jumped 5.3% after April data showed platform assets rose 12% to $345.4B and net deposits hit $6B, signaling renewed retail engagement.
Nasdaq Futures Lead as Tech Earnings and Fed Decision Loom
Nasdaq 100 futures climbed 98.75 points by 6:50 a.m. EDT Wednesday, leading gains as traders eye key tech earnings and a Federal Reserve rate decision.
Bitcoin Dips Below $78K as $80K Breakout Falters Despite Institutional Inflows
Bitcoin slipped below $78,000 Thursday, retreating from a test of $80,000 as geopolitical risks and selling pressure near $78,000 offset strong ETF inflows and corporate purchases.
Bitcoin Retreats Amid Geopolitical Tensions, Oil Surge
Bitcoin declined alongside broader risk assets Monday, slipping below $75,000 as renewed Middle East tensions and a surging oil price prompted investor caution. Major altcoins including Ether also traded lower.
Interactive Brokers Q1 Earnings: Can Momentum Hold Amid Market Highs?
Interactive Brokers reports first-quarter earnings Tuesday, with analysts forecasting ~60 cents per share. The broker saw strong yearly growth in trading activity and client assets in March, though monthly figures softened.
Bitcoin Holds $75K Amid Geopolitical Hopes and Wall Street Crypto Adoption
Bitcoin maintained its position above the $75,000 threshold early Friday, supported by optimism over potential diplomatic talks and fresh institutional product launches. Ether posted modest gains alongside broader risk assets.
S&P 500, Nasdaq Scale New Peaks on Earnings Strength, Ceasefire Hopes
Major U.S. equity indices climbed to record levels Thursday, driven by strong corporate results and hopes for a de-escalation in Middle East tensions, though rising oil prices and mixed economic data introduced notes of caution.
Robinhood Announces $1.5 Billion Share Repurchase, Stock Jumps
Robinhood Markets has approved a new $1.5 billion stock repurchase authorization, sending its shares higher in early trading. The move comes as the company seeks to stabilize its stock price after a period of volatility.
Schwab Bolsters Financial Advice as Major Funds Reduce Holdings
Charles Schwab expanded its financial education platform with new planners as regulatory filings showed two investment firms reduced their positions in the brokerage. Schwab also reported strong February asset growth.
Robinhood Shares Gain Ahead of Key Events Amid Broader Market Pressure
Robinhood Markets shares advanced roughly 4% in midday trading Monday, buoyed by upcoming investor events. The broader market faced headwinds from Middle East tensions and rising oil prices.
Robinhood Shares Gain Ahead of Key Events Amid Broader Market Pressure
Robinhood Markets shares advanced approximately 4% in Monday trading as the company prepares for a key investor conference and a major product event later this week. Broader market indices declined amid Middle East tensions and rising oil prices.
Schwab Shares Dip on Mixed January Flows Ahead of Fed Minutes
Charles Schwab shares declined 1.4% to $93.72, underperforming the broader market, after reporting strong client inflows but a drop in sweep cash. Markets are closed Monday for the holiday.
Robinhood Shares Drop on Crypto Revenue Shortfall, Investors Eye March Event
Robinhood stock declined nearly 6% after quarterly revenue missed expectations, driven by a 38% drop in cryptocurrency trading income. The company's spending outlook and former CFO stock sale added to investor concerns.
LPL Financial Shares Stabilize After AI Tax Tool Sparks Brokerage Selloff
LPL Financial shares steadied in premarket trading following an 8.3% plunge, as investors assess the threat of AI automation to traditional tax-planning fees. The selloff spread across major brokerage firms after fintech Altruist unveiled an AI-powered tax strategy tool.
Schwab Shares Rebound Slightly After AI Tax Tool Fears Trigger Brokerage Selloff
Charles Schwab stock edged higher in premarket trading Wednesday, attempting to stabilize after a sharp 7.4% decline the prior session. The selloff was driven by concerns that new AI-powered tax planning tools could pressure advisory fees across the brokerage sector.
Futures Edge Higher Ahead of Delayed Jobs Data; AI Tax Tool Hits Brokerages
U.S. stock futures rose slightly as markets awaited a postponed January employment report. Brokerage stocks slumped on concerns about AI-driven disruption.
Brokerage Stocks Tumble on AI Tax Tool Launch, Schwab Leads Decline
Charles Schwab shares fell 7.5% in after-hours trading as Altruist's new AI tax-planning platform sparked concerns over automation in advisory services. Other major brokerages also saw significant declines.
Wealth Management Stocks Tumble on AI Tax Tool Disruption Fears
Morgan Stanley shares dropped nearly 4% as a new AI-powered tax planning tool from fintech Altruist sparked a sector-wide selloff, raising concerns about technology disrupting traditional advisory models.