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State Street Hits 52-Week High: Should You Buy the Stock Now?
ZACKS· 2025-11-12 18:11
Key Takeaways State Street shares hit a 52-week high of $120.81, gaining 22.1% in six months.Acquisitions, alliances and expanding fee income continue to drive STT's growth.Higher expenses and huge reliance on fee income could weigh on future performance.State Street Corporation (STT) shares touched a 52-week high of $120.81 in yesterday’s trading session to finally close at $119.43. In the past six months, STT shares have gained 22.1%, outperforming the industry’s 13.1% growth and the S&P 500 Index’s 18.7% ...
Jim Cramer Says the Next Trillion-Dollar Stock is “More Likely to Be the Stock of JPMorgan”
Yahoo Finance· 2025-09-20 04:45
Group 1 - JPMorgan Chase & Co. is being discussed as a potential next trillion-dollar stock, currently valued at just over $850 billion, with a 29% increase for the year [1] - The significant market cap increase is noted to occur just before an important Federal Reserve meeting, where a quarter-point rate cut is anticipated despite rising inflation [1] - The article highlights the difficulty of crossing the trillion-dollar market cap barrier, indicating the importance of this milestone for JPMorgan [1] Group 2 - JPMorgan Chase & Co. provides a wide range of financial services, including consumer banking, lending, payments, credit cards, mortgages, investment banking, securities services, asset management, and wealth solutions [2]
The Bank of New York Mellon (BK) Partners with Carnegie Mellon University to Advance AI Research
Yahoo Finance· 2025-09-17 18:27
Core Insights - The Bank of New York Mellon Corporation (NYSE:BK) is recognized as one of the best-performing financial stocks in 2025, highlighted by a recent partnership with Carnegie Mellon University to invest $10 million in artificial intelligence research [1][2]. Group 1: Partnership and Investment - The collaboration with Carnegie Mellon University aims to establish a Bank of New York AI Lab, which will integrate CMU students, faculty, and BNY experts to develop new AI technologies focused on trust, governance, and accountability in financial services [2][3]. - A dedicated research space will be created on CMU's Pittsburgh campus in the 2025–26 academic year to facilitate research, education, and talent collaboration in AI [3]. Group 2: Company Overview - The Bank of New York Mellon Corporation is a global financial services company that offers securities services, market and wealth services, and investment and wealth management to both institutional and retail clients [4].