Bank of America's Earnings Surprise: A Q3 Boost

Bank of America just defied expectations! Find out how the financial giant exceeded Wall Street's third quarter forecasts by raking in $28.09 billion in revenue and $1.06 earnings per share. Despite modest long-term growth, investors are bullish, driving the stock up nearly five percent. Is this a sign of bigger gains to come, or just a blip? We break down the key metrics and what they mean for Bank of America's future.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.