Charles Schwab Corporation (SCHW) shares surged in premarket trading after the company delivered impressive third-quarter results. Revenue topped analyst expectations, driven by strong growth in asset management fees and active brokerage accounts. The company also reported a record high in total client assets, showcasing continued investor confidence.
Charles Schwab Corporation (SCHW) stock is on the rise, fueled by a strong performance in the U.S. financial sector. Driven by robust third-quarter earnings from major institutions, investors are optimistic about Schwab’s potential for continued growth, particularly due to its strong position in the rising interest rate environment.
