Schwab Faces $12.6 Trillion Test as AI Cash Flows Raise Concerns Again
Charles Schwab shares are moving into this short week as investors take a closer look at risks to one of the company’s top earning streams—idle client cash. U.S. markets were closed Monday for Memorial Day, and the NYSE has May 25 set as an exchange holiday in 2026. The stock ended Friday at $90.15, dipping 0.29% for the session and trading nearly 0.8% lower than its May 15 close. Monday’s gains faded in a midweek slide. Elsewhere, the Dow, S&P 500 and Nasdaq each ended last week on the upside, with the S&P 500 logging its eighth week in a row of gains.