Schwab boosts 2026 growth targets with AI-driven strategy
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Schwab has raised its 2026 revenue growth targets to 14-15%, driven by stronger markets and increased trading activity. The company plans to leverage AI to enhance service personalization and efficiency, while also expanding into new client segments. However, Jim Cramer cautions that the AI-driven market rally may negatively impact non-tech firms, despite major indexes reaching record highs.
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