BLK stock surges 20.6% in three months. Can its record AUM balance and strategic acquisitions help sustain momentum amid rising expenses?
Investment management giant BlackRock has inked a new agreement with financial services company LendingClub. This arrangement, announced in a news release Tuesday (Aug.) will see funds and accounts managed by BlackRock advisors invest up to $1 billion through LendingClub's marketplace programs through next year.
The lawsuit is among the highest-profile cases targeting efforts to promote environmental, social and governance goals.
Investors looking for stocks in the Financial - Investment Management sector might want to consider either AllianceBernstein (AB) or BlackRock (BLK). But which of these two companies is the best option for those looking for undervalued stocks?
BlackRock CIO of Global Fixed Income Rick Rieder sees a resilient US economy driven by a strong service sector, robust equity market techniclas, and moderating inflation. He warns, however, that the long end of the yield curve faces headwinds from rising debt issuance.
I first selected Dollarama as a defensive play in my Smith Manoeuvre portfolio against a potential recession. I sold my shares of BlackRock and I reinvested the money into Stella-Jones and CCL Industries. Telus improved its cash flow from operations, free cash flow, and reduced its capital expenditures.
BlackRock's Q2 2025 showed strong revenue and AUM growth, despite an earnings miss, supporting my Buy rating and double-digit growth outlook for the year. Strategic acquisitions of HPS Investment Partners and ElmTree Funds expand BlackRock's private credit and real estate offerings, diversifying revenue streams and boosting long-term margins. I have estimated a price per share of $1,152.12 for BLK and have initiated a Buy rating.
Able to exceed their Q2 earnings expectations on Tuesday, investors may be wondering which of these renowned asset managers is the better investment at the moment.
BlackRock's stock was bouncing Wednesday as Wall Street brushed off any concerns over a large redemption by a client in Asia, and as CEO Larry Fink said business in Asia was “stronger than we ever imagined.”
BlackRock hits a record $12.53 trillion in AUM, but shares fall as a $52B client withdrawal weighs on strong Q2 earnings.
BlackRock, Inc. delivered mixed Q2 earnings against a backdrop of high market volatility, where revenues and AUM increased modestly but fell short of expectations. The asset manager is betting strongly in private markets to continue with its high growth and diversify away from public products. Despite the company having a solid growth pipeline and a competitive advantage, its valuation is currently overvalued, and therefore, I decided to rate the shares as a Hold.
Major U.S. equity indexes were mixed as the latest Consumer Price Index report showed inflation ticking higher in June, with indications that President Donald Trump's tariffs are beginning to push up prices on goods like groceries and clothing.