Schwab Network

Trump Picks Warsh for Fed, AAPL Margins in Question


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The pick is in! Pres. Trump announced his plans to nominate Kevin Warsh for the Federal Reserve Chair. Kevin Green provides context on the Warsh pick and provides some background information on his potentially hawkish credentials. On the earnings front, KG looks at the premarket move in Apple (AAPL) as the iPhone maker delivered a huge revenue beat in its 1Q print. However, he notes some investors questioning the margin story for the Mag 7 giant. KG adds his take on Sandisk (SNDK) as well as a sharp pullback in gold and silver headed into the weekend.


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Schwab NetworkBy Schwab Network