The Schwab Trading Activity Index ("STAX") rose to 54.71 in June from 49.05 in May, returning to the 'moderate' range [0bfe4323]. Charles Schwab's clients were net buyers of equities during the four-week period ended June 28, 2024 [0bfe4323]. Traders showed increased interest in technology-linked names, particularly those related to Artificial Intelligence [0bfe4323]. Popular stocks bought by clients included Nvidia, Advanced Micro Devices, GameStop, Amazon.com, and Apple [0bfe4323]. Stocks net sold by clients included Tesla, Meta Platforms, Palo Alto Networks, Walt Disney, and AT&T [0bfe4323]. Schwab investors are showing increased interest in SoundHound AI and Tesla stock, according to the Schwab Trading Activity Index [53e3cd9a]. The index reveals higher exposure to stocks in the information technology, healthcare, and consumer goods sectors [53e3cd9a]. In addition to SoundHound AI and Tesla, investors are also purchasing shares of other technology stocks such as Nvidia, Apple, AMD, and Palo Alto Networks [53e3cd9a]. SoundHound AI, a lesser-known AI stock, has experienced a 67% increase in shares since March [53e3cd9a]. Despite a 16% decline in Tesla stock, Schwab investors continue to buy it [53e3cd9a]. The Schwab Trading Activity Index is currently ranked in the 'middle' compared to historical averages [53e3cd9a]. The index increased slightly to 49.05 in May from 48.87 in April [53e3cd9a]. Schwab clients were net buyers of equities during the five-week period ended May 31, 2024 [53e3cd9a]. Clients increased their exposure to technology-linked names, especially those pertaining to artificial intelligence chipmakers [53e3cd9a]. Interest in meme stocks was significantly greater among Schwab's younger clients [53e3cd9a]. Popular names bought by Schwab clients included Nvidia, Advanced Micro Devices, and Microsoft [53e3cd9a]. Names net sold featured Apple, Alibaba Group, Bank of America, and Exxon Mobil [53e3cd9a].