Earlier this year, Bank of New York Mellon Corporation reported a 42% year-over-year increase in earnings per share, with interest income rising 18%, assets under management reaching a record US$59.40 trillion, and the board authorizing a new US$10.00 billion share repurchase program after returning US$1.40 billion through buybacks and dividends. Management also highlighted that AI initiatives are speeding up client onboarding and settlement inquiry handling, indicating that technology...

Auxier Asset Management, an investment advisory firm, released its first quarter 2026 investor letter. A copy of the letter is available to download here. Following a robust start to the year, the market was impacted by the Strait of Hormuz crisis. Concerns over AI disruption, excessive stock-based compensation, and high valuations caused the technology sector […]