American Express Crushes Earnings with Revamped Platinum Card Success
American Express exceeds Q3 expectations with $421B in transactions as new $895 Platinum card doubles account acquisitions, proving premium credit card demand remains strong.
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Loan Fraud and 'Cockroach' Concerns Slam Regional Bank Stocks as Credit Cracks Emerge
Shares of Zions Bancorp and Western Alliance tumbled after disclosing loan fraud tied to distressed commercial mortgages. This adds to wider concerns about asset quality, following bankruptcies like Tricolor and First Brands, and raises questions about regional lenders' risk exposure.
Charles Schwab Crushes Q3 Earnings on Retail Investment Boom
Charles Schwab reports record Q3 earnings beating expectations with $134.4B in new assets and 30% trading growth driven by surging retail investor activity.
Analysts Bullish on Digital Asset Treasury Companies: SharpLink Gaming Leads the Pack
B. Riley and Citizens JMP initiate coverage on digital asset treasury stocks with Buy ratings. SharpLink Gaming emerges as top pick with significant upside potential.
Stock Traders Dominate: Morgan Stanley Beats Goldman Sachs as Equities Revenue Jumps 35%
Morgan Stanley beat expectations with a massive Q3 profit surge, fueled by top-performing stock traders and soaring investment banking and wealth management revenues.
BofA Crushes Q3 Earnings Thanks to Huge Dealmaking Boost
Bank of America's Q3 results beat expectations. Profit soared due to huge investment banking fees earned from advising on corporate "mega deals."