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State Street Tops Wall Street Views As AUM Hits $6.3 Trillion

State Street Corp. (NYSE:STT) reported stronger-than-expected second-quarter results on Thursday. The company posted earnings of $3.65 per share, topping analysts’ estimates of $3.29. Revenue increased 17% year over year (Y/Y) to $4.05 billion, exceeding the Street’s expectation of $3.88 billion. Fee revenue rose 17%, driven by higher Servicing and Management fees along with higher FX trading services revenue. Servicing fees increased 13% Y/Y, and management fees jumped 29% Y/Y, while […]
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Jim Cramer: Buy This Industrial Stock, EquipmentShare Is ‘Disappointing’

On CNBC’s “Mad Money Lightning Round,” Jim Cramer said EquipmentShare.com Inc. (NASDAQ:EQPT) is disappointing, and he can’t stick with it. “I thought this would be like United Rentals (NYSE:URI), and it wasn’t,” he added. According to recent news, EquipmentShare.com raised its FY26 revenue guidance on July 9 and authorized a $500 million share repurchase program. […]
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Nvidia, Citigroup, Live Nation and a Real Estate Stock: CNBC’s ‘Final Trades’

On CNBC’s “Halftime Report Final Trades,” Bryn Talkington, managing partner of Requisite Capital Management, named CBRE Group, Inc. (NYSE:CBRE) as her final trade. Evercore ISI Group analyst Steve Sakwa maintained an Outperform rating on CBRE Group on June 30 and lowered the price target from $179 to $169. Jason Snipe, founder and chief investment officer […]
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SpaceX’s ‘Demand Flywheel’: How Anyone Can Value the Stock: ‘I Don’t Think…’

Wedbush analyst Dan Ives has initiated coverage on the newly public Space Exploration Technologies Corp. (NASDAQ:SPCX) with a highly bullish outlook, betting on the company’s emerging “demand flywheel” just as the stock prepares for massive passive capital inflows from its upcoming Nasdaq-100 inclusion on July 7. However, Wedbush’s $190 price target arrives amidst a fierce […]
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Jeff Bezos’ 2016 ‘Lottery Ticket’ Warning Comes True

The recent initial public offering (IPO) of Space Exploration Technologies Corp. (NASDAQ:SPCX) has resulted in a significant financial gain for its former employees, while ex-staff of Jeff Bezos‘ Blue Origin are reportedly unhappy over virtually worthless stock options. SpaceX’s valuation has surpassed $2 trillion, creating millionaires across the company, including engineers, technicians, and everyone who […]
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Gorilla Technology Stock Surges On 5-Year AI Contract

Gorilla Technology Group Inc (NASDAQ:GRRR) shares are flying on Tuesday after the company announced a five-year agreement to deploy AI compute infrastructure at the NeutraDC Batam data center in Indonesia. Here’s what you need to know. Gorilla Tech Gr stock is showing exceptional strength. What’s driving GRRR stock higher? $2.5 Billion Contract Reshapes Gorilla’s Outlook […]

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