Today: 28 June 2026
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NASDAQ:LPLA 28 January 2026 - 25 May 2026

Schwab Faces $12.6 Trillion Test as AI Cash Flows Raise Concerns Again

Schwab Faces $12.6 Trillion Test as AI Cash Flows Raise Concerns Again

Charles Schwab shares closed at $90.15 Friday, down 0.29%, as markets shut for Memorial Day. Traders are watching risks to Schwab’s earnings from idle client cash, with AI tools making it easier for clients to move funds into higher-yield products. Schwab reported $12.61 trillion in client assets for April and raised its 2026 revenue forecast to 14–15% growth.
US Stock Market Today: Nasdaq Hits Record as Oil Retreats and Earnings Lift Wall Street

US Stock Market Today: Nasdaq Hits Record as Oil Retreats and Earnings Lift Wall Street

The S&P 500 rose 0.83% to 7,260.23 and the Nasdaq gained 1% as tech shares led a rebound, while Brent crude fell 3.31% to $110.65. LSEG data showed first-quarter S&P 500 earnings growth above 18%, with 83% of companies beating estimates. Job openings dropped but hiring surged in March. The Federal Reserve kept rates steady, citing inflation and Middle East uncertainty.
US Stock Market Today: Dow Sinks as Oil Shock Tests Wall Street’s Record Run

US Stock Market Today: Dow Sinks as Oil Shock Tests Wall Street’s Record Run

The Dow fell nearly 450 points Monday as tensions near the Strait of Hormuz sent oil prices up 5% to $113.91 a barrel. Iranian reports claimed missiles hit a U.S. vessel, which the U.S. denied, while the UAE said it intercepted Iranian missiles. Most S&P 500 sectors dropped, and volatility rose. Amazon expanded its supply-chain business, hitting UPS and FedEx shares; GameStop proposed a $56 billion bid for eBay.
LPL Financial (LPLA) stock steadies premarket after 8% drop on Altruist AI tax-planning shock

LPL Financial (LPLA) stock steadies premarket after 8% drop on Altruist AI tax-planning shock

LPL Financial shares hovered near $360.60 in premarket trading Wednesday after plunging 8.3% Tuesday, as Altruist’s new AI tax-planning tool triggered a selloff in brokerage stocks. Raymond James, Charles Schwab, and Ameriprise also dropped sharply. Traders are watching for further declines. Altruist’s Hazel platform can now automate personalized tax strategies for advisers.
Charles Schwab stock price sinks about 7.5% as Altruist’s Hazel AI tax tool spooks brokers

Charles Schwab stock price sinks about 7.5% as Altruist’s Hazel AI tax tool spooks brokers

Charles Schwab shares fell 7.5% to $99.25 in after-hours trading Tuesday, following a broader selloff in brokerage stocks after Altruist launched AI-powered tax-planning tools. LPL Financial dropped 8.2%, Raymond James 8.8%, and Morgan Stanley 2.5%. Altruist’s Hazel platform can read tax documents and generate personalized strategies in minutes. Investors await Schwab’s January activity report, due Feb. 13.

Stock Market Today

  • Ford Shares Rise as Quality Improves Despite Recall Concerns
    June 28, 2026, 4:47 PM EDT. Ford Motor Company shares edged up to $14.13, up 0.14% on Friday, starting a shortened four-day trading week ahead of U.S. Independence Day. The automaker's stock gained 0.5% for the week, outperforming General Motors and Stellantis. Ford led mass-market brands in J.D. Power's 2026 Initial Quality Study with 152 problems per 100 vehicles, versus the industry average of 175, marking significant improvement. However, recall risks persist, with Ford recording 51 recalls in 2026, the highest in the industry, and remaining under federal scrutiny for delayed rearview camera recall actions. CEO Jim Farley and COO Kumar Galhotra emphasized a focus on quality and reduced warranty costs, projecting continued improvement through 2026.

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MARA stock: Long Ridge power deal in focus as bitcoin slides in holiday week

MARA stock: Long Ridge power deal in focus as bitcoin slides in holiday week

28 June 2026
MARA closed Friday up 4.5% at $14.54 as investors weigh its $2.10 billion bitcoin holding—now 38% of equity value, down $311 million since March—against new power-asset exposure from the $1.5 billion Long Ridge deal, with Q2’s end and bitcoin’s price set to drive the stock in a short trading week.
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