About this episode

Liz Ann Sonders discusses the importance of AI spending figures and Mag 7 earnings in the upcoming earnings season.

The bar is higher for technology heading into the new earnings season, says Liz Ann Sonders of Charles Schwab. She tells investors to keep an eye on the reaction to AI spending figures compared to ROI, particularly as Alphabet (GOOGL) reports earnings Wednesday. Liz Ann says the outlook is important, too, as direction of Mag 7 earnings can paint a clearer picture for the rest of the S&P 500 (SPX). ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network…

People in this episode

Host: Schwab Network

Guest: Liz Ann Sonders

Topics covered

• earnings season
• AI spending
• ROI
• Mag 7
• energy trade
• S&P 500

Keywords

• earnings
• AI
• ROI
• Mag 7
• energy
• investing
• S&P 500

Mentioned in this episode

Organizations: Charles Schwab, Alphabet, S&P 500, Schwab Network

Places: Wednesday

More episodes of Schwab Network

• D.R. Horton (DHI) Finds Bright Spots Amid a Slowing Housing Market · July 21, 2026 · 6 min
• The AI Boom's Next Challenge: Proving It Pays Off · July 21, 2026 · 11 min
• The Big 3: VRT, BE, GOOGL · July 21, 2026 · 15 min
• Analyst Stays on Sidelines for PYPL Despite Stripe, Advent Buyout Offer · July 21, 2026 · 5 min
• General Motors Rallies on Beat & Raise Quarter, Using GM Options Trade · July 21, 2026 · 6 min
• Charles Schwab President & CEO on Earnings, Prediction Markets & Stock Market Volatility · July 21, 2026 · 8 min

Explore listener stats, chart rankings, contacts and more on the Schwab Network podcast page.