Morgan Stanley is about to report earnings — here’s what to expect

Key Points

Morgan Stanley is set to report third-quarter earnings before the opening bell Wednesday.
The bank’s massive wealth management business will be helped by high stock market values in the quarter, which inflates the management fees the bank collects.
JPMorgan Chase, Goldman Sachs and Citigroup topped expectations, helped by better-than-expected revenue from trading or investment banking.

Source

Finance

Baidu posts 3% drop in third-quarter revenues, beating market expectations

November 21, 2024

Key Points Chinese tech company Baidu on Thursday reported better-than-expected revenue and profit for the third quarter. Baidu noted a 12% surge in its non-online marketing revenue to the equivalent of $1.1 billion, mainly driven by its artificial intelligence cloud business. Source

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