Bank of America Shares Surge on Strong Q2 Earnings
TL;DR Summary
Bank of America shares rise in pre-market trading due to expected increase in net interest income for Q4, while Morgan Stanley shares fall as its wealth management net revenue missed estimates by $70 million.
- Bank of America rises, Morgan Stanley falls on Q2 earnings Yahoo Finance
- Bank of America shares jump 5% after saying net interest income rebound is coming CNBC
- BofA profit beats expectation on robust investment banking, trading Reuters
- Bank of America Stock Jumps as Investors Shrug Off Rates-Driven Profit Decline Barron's
- Bank earnings: Bank of America's stock surges after results, while Schwab's sinks MarketWatch
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