Compass Point initiated a "Buy" rating on Charles Schwab following its strong Q2 2026 financial results, which included a 20.9% revenue increase and a 42% rise in adjusted EPS. The firm also saw a 49% surge in core net new assets and total client assets reaching $13.1 trillion. Charles Schwab raised its 2026 revenue growth guidance to 17.5%-18.5% and is investing in FinTech, signaling confidence in future growth and commitment to shareholder returns through dividends.
Donor-advised funds (DAFs) linked to Charles Schwab are experiencing a boom in donations of private-company shares, driven by soaring valuations of private tech firms like Anthropic and OpenAI. These funds allow donors to gift shares, claim immediate...
The Texas Stock Exchange (TXSE) officially launched its trading operations, becoming the first major new U.S. stock exchange in decades. Based in Dallas, TXSE aims to compete with the New York Stock Exchange and Nasdaq by focusing on companies in the...
