BlackRock drops DEI references from annual report
BlackRock removed references to diversity, equity and inclusion policies from its annual report that the asset manager had included in its previous annual report to shareholders.
Billionaire Israel Englander Sold Nvidia and Piled Into a BlackRock ETF That MicroStrategy's Michael Saylor Says Could Soar 13,200%
The multibillionaire Israel Englander has spent more than three decades building Millennium Management into one of the largest, most prominent hedge funds in the world. Millennium is what's known as a pod shop, meaning the firm allocates capital to small teams that have their own investing strategies and a lot of control over what they invest in.
The economy is in good shape but will soften a bit, says BlackRock's Rick Rieder
Rick Rieder, BlackRock global fixed income CIO, joins 'Closing Bell' to discuss the markets, tariff concerns and the recent volatility in the market.
The Behemoth BlackRock's Next Trillion Comes From Private Assets
The world's largest asset manager, BlackRock Inc. NYSE: BLK, posted another record year in 2024, with record inflows of $641 billion, amassing total assets under management (AUM) of $11.6 trillion. The finance sector behemoth continues to grow as it masterfully takes advantage of its enormous scale to bolster its revenue streams.
BlackRock (BLK) Advances While Market Declines: Some Information for Investors
BlackRock (BLK) reachead $989.38 at the closing of the latest trading day, reflecting a +0.31% change compared to its last close.
BlackRock: Assessing A $30 Billion Year
BlackRock's AUM hit a record $11.6 trillion in 2024, driven by $641 billion in net new flows and strategic M&A activities. The firm is diversifying revenue sources, though base fees still dominate, dropping from 83% in 2014 to 76% last year. Acquisitions in private markets, like GIP and HPS, aim to boost higher-fee segments, potentially raising overall fee rates in time.
Archer Aviation Lands BlackRock Investment—What's Next for ACHR?
Investors expecting Archer Aviation's NYSE: ACHR recent cash infusion to lift its price to new highs should think again. The injection is good news and lifts the liquidity position, providing about two years of operational visibility, but does nothing to improve the revenue and earnings outlook.
Atome Financial secures BlackRock, InnoVen in $80 million credit facility
Singapore-based financial technology firm Atome Financial said on Wednesday it had secured a private credit fund managed by asset manager BlackRock and venture debt provider InnoVen Capital in a $80 million private credit facility.
BlackRock, Inc. (BLK) Presents at Bank of America Securities Financial Services Conference Call Transcript
BlackRock, Inc. (NYSE:BLK ) Bank of America Securities Financial Services Conference Call February 11, 2025 9:40 AM ET Company Participants Martin Small - Chief Financial Officer Conference Call Participants Craig Siegenthaler - Bank of America Craig Siegenthaler Thank you all for joining Bank of America's 33rd Annual Financial Services Conference. This is Craig Siegenthaler, North America Head of Diversified Financials at Bank of America.
World's Third-Largest Pension Fund Pours Half a Billion Into These 2 Stocks
South Korea's National Pension Fund (NPF) is the world's third-largest pension fund by total assets.
Archer Aviation raises $300 million in BlackRock-backed funding
Air-taxi maker Archer Aviation said on Tuesday it has raised $300 million in a funding round that consisted of institutional investors including accounts managed by BlackRock.
BLK Trades Below 52-Week High: Buy the Stock Before it Soars Again?
BlackRock shares are presently trading 8.5% below its 52-week high. Does this represent an opportunity to buy?
