Morgan Stanley's third-quarter earnings exceeded analyst expectations, reporting a revenue of $18.22 billion. The bank's stock rose 6.38% to $165.25 following the announcement. Investment banking revenue saw a significant increase of 44% year-over-year, reaching $2.11 billion, driven by major advisory roles in high-profile deals. Additionally, equities trading revenue increased by 35% to $4.12 billion, while wealth management assets under management neared $8.9 trillion.