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.
BLK gets green light to launch mutual funds in India via Jio JV, aiming to disrupt the market with tech-driven, retail-focused investment products.
In the latest trading session, BlackRock (BLK) closed at $981.32, marking a +1.88% move from the previous day.
Actively managed ETFs pulled in approximately 40% of the industry flows through the first four months of 2025. These ETFs tap into professional expertise, which has been helpful in the volatile market environment.
Does BLK's diversified strategy and ETF momentum give it an edge over BX amid market uncertainty and deal-making challenges? Let's find out.
When it comes to AI infrastructure investments, people tend to favor NVIDIA, given it supplies the accelerated compute chips needed for intelligent apps to function. However, given the way asset manager BlackRock is diversified along the AI value chain with its involvement in the data center, fiber, real estate, energy, and GPUs, it is a better choice. I view President Trump's $3.6 trillion deals in the Middle East as a strategic win for Mr. Fink's company, enabling it to expand its footprint and tap into significant growth opportunities.
The Justice Department and FTC for the first time are raising concerns about how large institutional investors wield ownership of shares in rival companies.
Business leaders, including Elon Musk and Sam Altman, are joining President Donald Trump Tuesday in Saudi Arabia as the president is kicking off his Middle East visit.
BlackRock's strong quarterly results and $11.6 trillion in assets make it attractive for stability and growth, despite economic challenges. Key growth areas include private credit, infrastructure, and technology, with significant acquisitions and international expansions bolstering its market position. Robust financials with a healthy balance sheet, strong earnings, and consistent dividend increases justify BlackRock's higher valuation.