Changes in US stocks | Q3 profit exceeded expectations, and Schw.US (SCHW.US) increased by more than 8%

The Zhitong Finance App learned that on Tuesday, Carson Wealth Management (SCHW.US) rose more than 8% after opening high. As of press release, it had risen 6.33% to $73.11. According to the news, Carson Wealth Management announced third-quarter results with profits exceeding expectations, and said it had cut some of its expensive debts. The company said that adjusted earnings per share for the quarter were 77 cents, higher than analysts' expectations of 75 cents, net revenue of US$4.85 billion, higher than analysts' average estimate of US$4.79 billion, and net interest income of US$2.22 billion, higher than the forecast of US$2.20 billion.

The company also said that its clients' transaction cash balances climbed $9 billion month-on-month, helping the company reduce bank replenishment by $8.9 billion. Carson Wealth Management executives said that in the past, the Federal Reserve's sharp interest rate hike dealt a heavy blow to the business of Charles Schwab Management because customers sought higher-yield options, but the worst situation has subsided.