Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/vestivxx/public_html/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wprss domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/vestivxx/public_html/wp-includes/functions.php on line 6114

Notice: Function _load_textdomain_just_in_time was called incorrectly. Translation loading for the wprss domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /home/vestivxx/public_html/wp-includes/functions.php on line 6114
: Charles Schwab sees Q2 revenue decline of up to 11%, but its stock and bond investors mostly shrug it off – Vested Daily

: Charles Schwab sees Q2 revenue decline of up to 11%, but its stock and bond investors mostly shrug it off

June 14, 2023

Charles Schwab Corp.’s stock rose Wednesday as investors mostly shrugged off its projected 10% to 11% decline in second-quarter revenue due to “temporarily compressed” net interest margin and a smaller interest-earning asset base, along with softer trading activity.

The revenue drop of up to 11% is currently worse than the roughly 6% projected drop in second-quarter revenue, to $4.78 billion from $5.09 billion, according to analyst estimates compiled by FactSet.

CFO…

This post was originally published on Market Watch