Charles Schwab shares rose to their first record closing high since January 2022, powered by an earnings report that benefited from heavy trading activity. The company joined other banks and brokers i

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

Charles Schwab beat forecasts for earnings and revenue, and shares traded at a record high. The discount brokerage and investment firm posted big gains in trading revenue and net interest income, and total client assets reached an all-time high of $10.76 trillion.