Charles Schwab is a leading brokerage and banking services company that provides a wide range of financial services to individual investors, independent investment advisors, and institutional clients. They offer a comprehensive platform for trading stocks, bonds, mutual funds, and other investment products, as well as banking services such as checking and savings accounts.

The stock of Charles Schwab (SCHW) is currently showing strong bullish momentum, as it has recently broken to new highs. This breakout suggests that the stock is poised for an uptrend in the near term. The upward movement is supported by positive technical indicators, such as increasing trading volume and a bullish moving average crossover. Additionally, the stock's relative strength index (RSI) is in the overbought territory, indicating strong buying pressure. Traders and investors may consider this as a potential opportunity to participate in the stock's upward trend.