BlackRock shares have hit an all-time high. Read on to know if its private markets expansion strategy will continue in 2025 and how it will benefit.
A dealmaking splurge by BlackRock in 2024 may continue as the world's largest asset manager is expected to opportunistically look to further expand in private credit, real estate, infrastructure or possibly private equity.
BlackRock's stock (NYSE: BLK) has gained roughly 32% year-to-date, as compared to the 28% rise in the S&P500 index over the same period. In comparison, BlackRock's peer State Street's stock (NYSE: STT) is up 31% year-to-date.
BlackRock Inc , which has struck nearly $30 billion in acquisitions this year, is looking for opportunities to expand its technology capabilities including in the areas of artificial intelligence, the world's largest asset manager's chief operating officer said on Tuesday.
BlackRock, Inc. (NYSE:BLK ) Goldman Sachs 2024 U.S. Financial Services Conference December 10, 2024 2:20 PM ET Company Participants Martin S. Small - Chief Financial Officer Conference Call Participants Alex Blostein - Goldman Sachs Alex Blostein So we'll get started in the interest of time.
The latest trading day saw BlackRock Finance (BLK) settling at $1,046.38, representing a +0.34% change from its previous close.
There's no such thing as “easy money” or “costless credit” contra what readers are told with great regularity by economists and their enablers in the commentariat. Evidence supporting this statement of the obvious can most easily be found in the powerful force that is compound interest or returns.
BlackRock's Jay Jacobs expects infrastructure and cybersecurity plays to shine in 2025. He cites the artificial intelligence boom as a major catalyst.
Recent deals for private asset managers could replicate the playbook from the 2009 acquisition of iShares.
Despite the rise of geopolitical risks, Jay Jacobs of BlackRock says the markets will recognize that the AI impact will be larger than thought as it enters the third year of the "build phase." He joins Caroline Hyde to discuss on "Bloomberg Technology.
Financial stocks were big winners in the Trump rally. But the stock of the day has big drivers of its own.
BlackRock NYSE: BLK is the world's largest asset manager, and the company recently announced an intriguing and significant strategic shift. BlackRock has released that it will acquire HPS Investment Partners for approximately $12 billion, marking a bold expansion into the rapidly growing private credit market and presenting a compelling investment opportunity for investors willing to stomach the risks of investing in the rapidly expanding private credit sector.