Morgan Stanley Surges with Strong Earnings and Record Trading Performance

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Source: CNBC
Morgan Stanley Surges with Strong Earnings and Record Trading Performance
Photo: CNBC
TL;DR Summary

Morgan Stanley reported a record-breaking third quarter with earnings per share of $2.80 and revenue of $18.22 billion, driven by booming trading activity, a resurgence in investment banking, and strong wealth management performance, surpassing expectations significantly.

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