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Two Blokes Mon at 9:45 AM -
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Charles Schwab delivered strong Q2 results, beating estimates on both revenue and earnings, driven by high interest rates and market volatility. The brokerage saw impressive asset growth, with core net new assets up 31% year-over-year, supporting platform expansion and earnings growth. Despite reaching all-time highs, Schwab trades at a reasonable valuation and is expected to deliver industry-leading EPS growth of 25% annually.
