Schwab Network

The Paramount Skydance (PSKY) and Warner Bros. Discovery (WBD) merger will seemingly go through after the former company settled its antitrust lawsuit issued by a dozen states. Marley Kayden notes that the settlement comes with some caveats Paramount Skydance must meet for the merger to sustain long-term. Tim Biggam offers an example options trade for Paramount Skydance.

Mike Townsend of @CharlesSchwab offers his insight into the UN General Assembly and the importance it holds for investors and the upcoming midterm elections. One hot topic for the elections: AI data center regulation and the environmental impacts on communities. Sticking with international headlines, Michelle Gibley has her sights set on the summit between President Trump and China President Xi Jinping. She weighs why there's a disconnect forming in China's tech earnings and its economy.

Alphabet (GOOGL) is taking the reins early into Tuesday's trading session as the Mag 7 continues to lead S&P 500 (SPX) momentum. Kevin Green highlights key levels he's watching in the index as the options market shows an uptick in call activity. In the commodity space, KG notes that diesel futures are nearing a key support level as MACD turns bearish. Also keep an eye on the agriculture and housing spaces as the UN General Assembly meets in New York City.

Philip Blancato says a 25-bps interest rate hike does nothing to help fend off the rising inflation tide driven by energy prices. He believes the hike was made to push back rate cuts made under former Fed Chair Jerome Powell's tenure. Additionally, Philip says the rate hike will hurt the "wrong people" who are already feeling the pinch of inflation.

Mansi Khetani, CFO of ChargePoint (CHPT), says the EV-based company "outperformed on all fronts" when discussing earnings. "People are buying EVs," she says, explaining that lower initial costs for these vehicles are winning over consumers as gas-based cars, and gasoline prices as a whole, climb. Mansi then explains how the rise of autonomous vehicles from companies like Tesla (TSLA) and Alphabet (GOOGL) shapes the future of ChargePoint.

Tyler Herriage says his thesis on the bull market has not changed and argues he would "raise our price targets" from here." He says the Nasdaq-100 (NDX) will hit 50,000 by 2030. His argument lies in AI and small caps playing a large part in that rally. Tyler adds that an interest rate hike and the U.S.-Iran war won't damper his bull case, as he believes both will cool down within the next year.

Brinker (EAT) shows that its Chili's turnaround story is working, according to Northcoast Research. Diane King Hall explains why the company's flagship name is worthy of a stock upgrade. On Holding (ONON) rallied at the opening bell after saying it expects to see high-teens revenue growth through 2029. Diane adds that AutoZone (AZO) got a post-earnings boost Tuesday morning.

Crypto winter is over, says Tommaso Mancuso. He explains how the latest headlines lifted Bitcoin above $86,000 even after the Clarity Act failed a key Senate vote. Tommaso is bullish that continued institutional investments will build strong support in Bitcoin and lead to a volatile rally in it and other crypto assets.

The macro set-up is "extremely attractive for stocks," says Kevin Hincks, who points to crude oil near $90 and a pullback in the 10-year Treasury yield helping bullish sentiment. He adds that the Mag 7 reclaiming market leadership offers a boost of confidence. While market breadth has waned in the rally, Kevin believes it will improve so long as tech maintains the strength. Sticking with the Mag 7, Kevin discusses Meta Platforms (META) and its Muse AI product that ushered in a rally for the stock.

KB Home (KBH) has been an underperformer even in a sector that has struggled in recent months, according to Rick Ducat. He compares the stock to its peers just ahead of the company's earnings following Tuesday's close. Rick then outlines key levels to watch in the stock chart and offers an example options trade for KB Home.