Locator: 48508MARKET.
Schwab. Link here.
The market. Link here.
EPA. Link here.
Beth. Link here. SoftBank, OpenAI, LDC, Japan.
Chevron. Link here.
Copper. Link here. Beating gold.
Apple: M4 MacBook Air is already on sale. Link here.
Musk wins again. xAI is now expected to remain the #1 AI model through the end of the ... March, April, and, June. Link here.
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Schwab
Link above.
Shares of the wealth management company ended Friday up 4.9% compared with a 2.1% gain for the S&P 500.
Shares of Schwab and other financial companies have struggled recently amid a broad decline in equity markets as investors weigh the impact of tariffs, inflation, and potentially slower economic growth. The S&P 500 has fallen 4%, and the Vanguard Financials Index Fund ETF, which tracks a broad index of financial stocks, is down 0.9%.
On Friday, Schwab said it hauled in $48 billion in core net new assets during February, a 44% increase from the $33.4 billion the company reported for February 2024. For January, Schwab reported $30.6 billion. Schwab’s monthly asset figures are closely watched by shareholders and analysts who are looking for signs of further growth. Schwab’s new CEO, Rick Wurster, has emphasized plans to grow the business this year.
I wonder if readers know ....
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