Charles Schwab Stock News

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.

We also kick off a series exploring Warren Buffett's Berkshire Hathaway.

Charles Schwab is making some painful, but necessary, changes to its business.

Charles Schwab shares surged over 6% after reporting better-than-expected Q3 earnings, showcasing robust, mid-single digit top line momentum. The brokerage achieved $1.41B in earnings with a 25% Y/Y growth rate and expanded profit margins, driven by a growing asset base. Client assets grew to $9.92T with 27% Y/Y growth, and core net new assets reached $95.3B, showing 109% Y/Y growth in Q3'24.

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 delivered strong Q3 2024 revenue with record client assets under management.

The brokerage said it is seeing increased inflows into its wealth-management offerings.

Better-than-expected earnings results drove the stock higher today.