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U.S. Markets Rise as Bank of America Reports Strong Quarter

August 28, 2023
in Trade Tube
Reading Time: 1 min read
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U.S. markets are on up as morning as Bank of America’s profit surged. The company posted earnings of $0.29 versus estimates of $0.26 and revenue of $22.3 billion vs $21.1 billion estimated. Tesla is rising further after a strong Model S report yesterday. 3D names like 3D Systems are falling after peer ExOne reported disappointing numbers. Burberry is trading up after strong retail sales growth and Apple is in focus as CEO Tim Cook held a press conference in China for the company’s new agreement with China Mobile. General Motors is rising after announcing its $1.20 per share annual dividend.

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