Thread regarding Charles Schwab Corp. layoffs

Schwab Earnings 10/15

I am wondering if the stock will drop like last time.

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| 1091 views | | 10 replies (last October 17, 2024) | Reply
Post ID: @OP+1uZiVB4J

10 replies (most recent on top)

The merger was probably all about obtaining TOS for traders and RIA’s to boost the wealth management offering. Something where Schwab hasn’t been able to compete. Added to SWA, it looks stronger.

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Post ID: @3gfk+1uZiVB4J

Stock almost hit $74 today. Sweet! I have been maxing out my ESPP contributions for the past 5 years, putting in $25K a year. Bought all over the board, from low 30s. This is going to be nice cash out folks. Sweet.

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Post ID: @1sez+1uZiVB4J

Did they mention cost cutting to shareholders?

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Post ID: @1iwk+1uZiVB4J

It seems like the cost cutting measures are working, and more will come.

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Post ID: @1nct+1uZiVB4J

+4.62 on 10/15

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Post ID: @1ugz+1uZiVB4J

Stonk Is Up. Enjoy.

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Post ID: @1qaa+1uZiVB4J

Looks like the sad trolls rooting for a poor earnings report were wrong.

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Post ID: @1vno+1uZiVB4J

We seem to be in a buy the hype sell the news cycle. But Robot is a cost cutter and the market may be looking at that. If true we would see more cuts and downsizing. That seems to be the street's thinking. The stock is mostly institutional.

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Post ID: @1waa+1uZiVB4J

I’d be surprised if Walt announced his retirement weeks before a bad earnings report.

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Post ID: @ggn+1uZiVB4J

yes, the good times are over. Multiple technical outages and better competitors popping up all over. The merger was all about building a buffer, but the decline has started and won't stop.

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Post ID: @bkz+1uZiVB4J

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