Legence's 15min chart triggers KDJ Golden Cross, Bullish Marubozu signal.

According to Legence's 15-minute chart, a significant bullish signal has been triggered. Specifically, a KDJ Golden Cross occurred at 10:15 on October 17, 2025, accompanied by a Bullish Marubozu candle. This indicates a shift in the momentum of the stock price towards the upside, with a high potential for further growth. The dominance of buyers in the market suggests that bullish momentum is likely to persist.

Bank of New York Mellon (BNY) reported a significant 21% increase in profit for the third quarter of 2025, according to its latest earnings report. The bank's earnings per share (EPS) rose to $1.88, marking a 25% improvement from the previous year. This robust performance was driven by a rising stock market and higher client activity, which collectively pushed total assets under custody and administration to $57.8 trillion, according to a Cryptopolitan report.

The bank's net income for the quarter reached $1.34 billion, while total revenue hit a record $5.1 billion, a 9% increase from the previous year. Both Securities Services and Market and Wealth Services contributed to this growth. The pre-tax margin was 36%, and the return on tangible common equity (ROTCE) surged to 25.6%. Chief Executive Officer Robin Vince attributed the strong results to the company's broad-based growth across its platforms and successful transformation programs, the Cryptopolitan report said.

BNY's fee revenue reached $3.64 billion, up 7%, driven by stronger client flows, higher market values, and a weaker U.S. dollar that benefited international operations. Net interest income surged by 18% to $1.24 billion, supported by the reinvestment of maturing securities into higher-yield assets and balance sheet growth. The bank reported a $7 million benefit from credit losses, driven by a more favorable macroeconomic outlook that outweighed higher reserves linked to commercial real estate exposure. Noninterest expense increased 4% to $3.24 billion, mainly from staff merit raises, investment spending, and a weaker dollar. These expenses were partly offset by efficiency savings, and the effective tax rate for the quarter was 21.3%, the Cryptopolitan report added.

BNY's average deposits reached $299 billion, up 5% year-over-year, while capital levels stayed strong. The Tier 1 leverage ratio held at 6.1%, and the Common Equity Tier 1 (CET1) ratio stood at 11.7%. The bank returned $1.2 billion to shareholders during the quarter, including $381 million in dividends and $849 million in share repurchases, with a 92% payout ratio year-to-date, the report noted.

Despite the strong quarter, BNY acknowledged facing new legal pressure. A woman identified as Jane Doe filed a lawsuit against BNY and Bank of America, alleging they knowingly provided financial services that enabled Jeffrey Epstein’s sex trafficking operation. However, BNY stated that it does not believe the suit has merit and plans to contest it vigorously, according to Cryptopolitan.

In a separate development, Google invested $3 billion in Cipher Mining Inc. (CIFR), a publicly listed company focusing on utilizing inexpensive, renewable energy in Texas. This investment is part of Google's broader strategy to integrate artificial intelligence (AI) across its operations, CoinGeek reported. The deal is expected to generate $1.1 billion in growth for Cipher, significantly more than the $28 million it generated from mining Bitcoin (BTC) in the second quarter of 2025.CoinGeek reported.

These developments highlight the resilience and adaptability of the financial sector, with major institutions like BNY and tech giants like Google investing in AI and renewable energy to drive growth and sustainability.