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Charles Schwab Corp. - SCHW STOCK NEWS

Welcome to our dedicated news page for Charles Schwab (Ticker: SCHW), a resource for investors and traders seeking the latest updates and insights on Charles Schwab.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Charles Schwab's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Charles Schwab's position in the market.

News
Schwab Reports Monthly Activity Highlights
Rhea-AI Summary
The Charles Schwab Corporation (SCHW) reported a strong month in November 2023, with core net new assets totaling $21.7 billion. Total client assets reached $8.18 trillion, marking a 12% increase from November 2022 and a 7% increase from October 2023. Transactional sweep cash saw a significant increase of $5.0 billion, the largest monthly build since March 2022. However, the company anticipates a 9.5% to 10.0% decline in full-year 2023 revenue due to lower transactional cash levels, subdued securities lending activity, and softer client trading volumes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7%
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none
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News
Charles Schwab Celebrates the “Season of Giving” with $750,000 in Nonprofit Grants and 500,000+ Healthy Meals Donated to Hunger Relief Nonprofits
Rhea-AI Summary
Charles Schwab (SCHW) focuses on providing hunger relief to communities nationwide through its annual 'Season of Giving' program, packaging 500,000+ meals, donating thousands of pounds of food, and granting $750,000 to local food banks and nonprofits. More than 3,200 employees volunteered to pack nutritious meals and collect goods for local families during the holiday season. Schwab's commitment to service is evident with over 11,000 employees volunteering in 2023, supporting 20 nonprofits during the Season of Giving.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7%
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none
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News
Schwab Announces Its Winter Business Update
Rhea-AI Summary
The Charles Schwab Corporation (SCHW) has announced a Winter Business Update for institutional investors on January 17th. The program will be held via live public webcast and will feature key executives including Co-Chairman and CEO Walt Bettinger, President Rick Wurster, and CFO Peter Crawford.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
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none
News
Schwab Investing Themes™ Puts the Power of Personalized Investing in the Hands of Individual Investors
Rhea-AI Summary
Charles Schwab (SCHW) introduces Schwab Investing Themes™, a comprehensive thematic investing solution allowing investors to research, customize, and invest in over 40 thematic areas. Each theme consists of up to 25 stocks and covers topics like Artificial Intelligence, Electric Vehicles, and Renewable Energy. The low investment minimum of $250 and no access fee make it accessible to all investors. Schwab's Q2 2023 Retail Client Sentiment Report reveals that over 60% of clients prioritize aligning their values and interests with their investment decisions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
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none
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News
Schwab Survey: Trader Sentiment Turns Bearish for the Fourth Quarter, but Remains More Bullish Compared to a Year Ago
Rhea-AI Summary
Charles Schwab - Traders Turn Bearish but Still More Bullish Than Last Year. The latest Charles Schwab Trader Sentiment Survey reveals that 32% of traders are bullish on the U.S. stock market, 53% are bearish, and 41% think it’s a good time to invest in stocks, mutual funds, and other equity-based investments. Traders are concerned about the political landscape in Washington, D.C., which is now their top concern, exceeding the possibility of more rate increases and the potential for recession. The survey also found that two-thirds of traders still believe a U.S. recession in 2024 is at least somewhat likely, but many more traders expect inflation to recede next year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.73%
Tags
none
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News
Schwab Reports Monthly Activity Highlights
Rhea-AI Summary
Charles Schwab Corporation (SCHW) Monthly Activity Report for October 2023 reveals core net new assets of $16.1 billion, total core net new assets of $11.3 billion, and total client assets of $7.65 trillion. The ratio of transactional sweep cash to total client assets remained stable at 5.2% in October. Client cash on the balance sheet plus bank deposit account balances ended the month at $397.9 billion. The report also highlights expected attrition from former Ameritrade clients and delayed tax disbursements by clients in certain states.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.54%
Tags
none
News
Fixated on Fixed Income: Millennial ETF Investors Stand out From the Pack for Their Interest, Intentions and Investments in Fixed Income ETFs
Rhea-AI Summary
Millennial ETF investors are showing a strong interest in fixed income, with more of them planning to invest in fixed income ETFs in the next year. ETF investors overall are staying the course despite market conditions. Cost remains the top factor when choosing an ETF, and ETFs as a share of portfolios have come down slightly. Non-ETF investors are increasingly interested in learning more about ETFs and are likely to purchase them in the next two years. Millennials continue to be heavily invested in ETFs and are comfortable using them. Personalization and direct indexing are gaining traction among ETF investors.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.17%
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none
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News
Schwab Model Market Center Debuts on Schwab Advisor Center
Rhea-AI Summary
Schwab Advisor ServicesTM announced the availability of Model Market Center™ on Schwab Advisor Center®, providing advisors with access to over 500 asset allocation models from more than 50 money managers. The tool allows advisors to personalize portfolios at scale and offers benefits such as flexibility, control, and efficiency. Schwab continues to enhance its technology offerings, integrating popular features from TD Ameritrade’s platform and introducing new capabilities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.01%
Tags
none
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News
Schwab Declares Common Stock Dividend and Declares Preferred Stock Dividends
Rhea-AI Summary
The Charles Schwab Corporation declares regular quarterly cash dividend of $0.25 per common share
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.12%
Tags
dividends
News
Schwab Stock Plan Services Expands International Capabilities, Offers Fully Featured Accounts to 18 Additional Countries
Rhea-AI Summary
Schwab Stock Plan Services expands availability of investment accounts to equity compensation plan participants in 18 additional countries.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.45%
Tags
none
Stock SCHW logo
Charles Schwab Corp.

NYSE:SCHW

SCHW Rankings

#80 Ranked by Market Cap
#4193 Ranked by Stock Gains
#1688 Ranked by Dividends

SCHW Stock Data

127.94B
1.49B
6.27%
85.81%
0.82%
Investment Banking and Securities Dealing
Finance and Insurance
Link
United States
Westlake

About SCHW

The Charles Schwab Corporation is an American multinational financial services company. It offers banking, commercial banking, investing and related services including consulting, and wealth management advisory services to both retail and institutional clients.