BLK plans to double its market cap and raise $400 billion in private markets by 2030, targeting $35 billion in annual revenue.
The world's largest asset manager plans to raise $400 billion from clients by 2030 for its funds that invest in private equity, private credit, real estate, infrastructure and other so-called alternatives to public stocks and bonds.
BlackRock & Jio Financial JV, Jio BlackRock, secures SEBI approval to act as an investment adviser, deepening its push into India's asset management market.
I maintain my buy rating on BlackRock, as both technical and fundamental setups remain net bullish despite macro headwinds. Q1 earnings highlighted BlackRock's financial and operational resilience, with strong EPS growth, improved margins, and robust net inflows. Technical analysis shows likely upside, though caution is warranted due to a double top pattern. Nonetheless, bulls remain in control currently.
Blackrock Silver's Tonopah West boasts a high-grade, growing resource and robust PEA economics, positioning it as a top-tier silver development project. Current valuation offers significant upside vs. NPV, with shares trading near multi-year lows and institutional support providing stability. The upcoming resource update (Q3 2025) and updated PEA (Q2 2026) are key catalysts, with further expansion and grade improvements expected.
High-yield stocks with strong balance sheets and growth profiles are rare. I share two of these opportunities here. Both of these opportunities issue 1099 tax forms.
BLK to cut 300 jobs in its second 2025 layoff round, following a 14% staff increase from recent acquisitions.
The world's largest asset manager can now do business with Texas. Here's where it stands in other states.
BlackRock Inc. was removed from Texas' blacklist of companies that boycott fossil fuels, ending a three-year standoff over the environmental policies of the world's largest asset manager. This means pension funds and other state-run investment accounts can buy BlackRock shares and work with the firm.
Jay Jacobs, BlackRock head of U.S. equity ETFs, and Nate Geraci, ETF Store president, join CNBC's Dom Chu on ‘ETF Edge' getting granular with AI and how BlackRock is trying to carve out a space of its own in the field.
BlackRock is doubling down on Bitcoin, ramping up investments through its iShares Bitcoin Trust (IBIT) as investor appetite for crypto-backed funds continues to grow. The world's largest asset manager boosted its in-house portfolio's IBIT exposure by 25% last quarter, while also leading a record-setting week for U.S.
TCPC remains a sell due to ongoing NAV decline, weak earnings, and lack of meaningful new investment activity despite some portfolio improvements. While the 14% dividend yield is well-covered and distributions are likely safe, long-term capital destruction outweighs the income appeal. Non-accruals have improved and management reduced expenses and debt, but persistent headwinds from high interest rates limit upside potential.