Charles Schwab rides massive jump in retail trading activity to beat Q3 expectations
Charles Schwab beat Wall Street's expectations for the third quarter after a massive jump in retail trading activity pushed assets higher by 48%. In its Q3 earnings report released Thursday, Schwab said its total net new assets climbed to $134.4 billion, topping analysts' projections of $130.2 billion for the three months ending in September. The [...]