The Zhitong Finance App notes that, like other rivals on Wall Street, Morgan Stanley (MS.US)'s trading business was better than market expectations, driving the bank's profit increase dramatically in the third quarter. According to financial reports, Damo's Q3 revenue was US$15.38 billion, up 15.9% year on year, exceeding market expectations; earnings per share were 1.88 US dollars, higher than market expectations of 1.58 US dollars.

The Zhitong Finance App notes that, like other rivals on Wall Street, Morgan Stanley (MS.US)'s trading business was better than market expectations, driving the bank's profit increase dramatically in the third quarter. According to financial reports, Damo's Q3 revenue was US$15.38 billion, up 15.9% year on year, exceeding market expectations; earnings per share were 1.88 US dollars, higher than market expectations of 1.58 US dollars.