Schwab had strong Q1 2026 results, with higher revenue, profits, and client growth. It will soon offer Bitcoin and Ethereum trading. Shares fell due to net interest revenue coming in slightly below Wall Street expectations.
Wealth management stocks plunge 6–11% as Altruist’s AI tax strategy tool sparks fears of automation disrupting traditional financial advisory services and driving fee compression.
Charles Schwab is acquiring Forge Global for $660 million to make investing in private companies easier and more accessible. This deal aims to bring private market opportunities to more eligible investors.
Charles Schwab reports record Q3 earnings beating expectations with $134.4B in new assets and 30% trading growth driven by surging retail investor activity.
