The Big 3: AAPL, NVDA, CVX

In this Schwab Network market segment, analyst Tim Bohen and technical analyst Rick Ducat break down key drivers and chart setups for Apple (AAPL), Nvidia (NVDA), and Chevron (CVX) heading into September. Bohen frames Apple as a major sleeper artificial intelligence play, highlighting enterprise adoption of Mac hardware by AI developers like OpenAI and Anthropic alongside leadership transition under new CEO John Turnis ahead of Apple's upcoming hardware event. From a technical perspective, Apple stock dropped approximately 2.8% on the session toward $318.96, forming a potential bearish engulfing pattern within a rising channel. Ducat identified critical horizontal resistance gaps at $330 and $337, while noting downside support levels at $313 and $300, with intermediate moving average support near the 21-day EMA ($316.60) and 63-day EMA ($310.00). Additionally, the panel assessed Nvidia's sustained momentum following blockbuster earnings, trading above $232, and Chevron's strategic expansion in Venezuela amid energy geopolitics. While broad markets experienced late-summer consolidation, the analysts maintain a constructive outlook on mega-cap tech and energy opportunities for the upcoming quarter.