Editorial companion

What stands out

Schwab Network’s market wrap highlighted a familiar August script: a couple of software winners and a brutal hardware loser. Palantir rode earnings excitement while Western Digital tumbled roughly 20% on news the clip called out, a reminder that software-era narratives can outpace the industrial cycles that still govern storage names. For investors who screen headlines, this piece is a useful flash: short-term sentiment can swing hard after earnings, but those swings sit on top of very different underlying business momentum for each company.