The Latest Breaking News from Schwab

Some of the best long-term investment stocks include companies that are in good financial standing, pay consistent dividends and buy back their own stock.

Charles Schwab reported better-than-expected Q2 2023 results. Its shares have jumped 12% in Tuesday trading. Now, only down 20% year-to-date, its stock’s got a shot of turning positive by Christmas.

Investors who have shorted out-of-the-money puts in Charles Schwab stock have been making good money. SCHW stock is still cheap based on earnings, making this a good play for investors.

These are the winners of the Kiplinger Readers’ Choice Awards' best full-service brokers category. Our awards celebrate the very best products and services in personal finance.

The winner of the Charles Schwab Challenge receives a $1.566 million check, a big trophy and 500 points toward their season’s FedEx Cup total.

Yesterday, with SCHW trading at 55.55, the May put option with a strike price of 52.50 was trading around $1.20. Traders selling this put would receive $120 in option premium. In return for receiving this premium, they have an obligation to buy 100 shares of SCHW for $52.50.

Charles Schwab stock has tumbled 11% in the last month, making its put options very popular with investors who are shorting near-term out-of-the-money puts in an attractive income play.

We compared Roth IRAs across 16 financial institutions and platforms, weighed minimum deposit requirements, account fees, customer service options, and more.

Some of the biggest names in Wall Street trading are urging the US Securities and Exchange Commission to pull back on plans to overhaul rules for the stock market.