BlackRock Successfully Acquires Global Infrastructure Partners
Recently, BlackRock (BLK, Financial) announced that it has completed the acquisition of Global Infrastructure Partners (a private company), marking a strategic expansion in its infrastructure capabilities. With this acquisition, BlackRock positions itself as a global leader in infrastructure investment, boasting an impressive $170 billion investment in assets under management (AUM) across developed and emerging markets.
BlackRock: $1,000 Share Price Within Reach
BlackRock is transforming into a tech-driven company, leveraging its Aladdin platform and strategic acquisitions like Preqin to boost high-margin revenue streams. The firm's tech and data business is projected to generate $1.5 billion in sales for 2024, with Aladdin driving significant recurring revenues. At the same time, BlackRock is launching a $100-130 billion data center project, tapping into a multi-trillion-dollar AI and energy infrastructure opportunity.
Gear Up for BlackRock (BLK) Q3 Earnings: Wall Street Estimates for Key Metrics
Looking beyond Wall Street's top -and-bottom-line estimate forecasts for BlackRock (BLK), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended September 2024.
BlackRock (BLK) Target Price Upgraded by Morgan Stanley
Morgan Stanley has revised its target price for BlackRock (BLK, Financial) from $1,036 to $1,150, while maintaining an "overweight" rating on the stock. This adjustment reflects a positive outlook on BlackRock's performance and potential market growth.
The Zacks Analyst Blog JPMorgan, Wells Fargo BlackRock, PepsiCo and Delta
JPMorgan, Wells Fargo BlackRock, PepsiCo and Delta are included in this Analyst Blog.
BlackRock, Jio Financial Get Regulatory Nod to Set Up Mutual Fund Unit
BLK & India-based Jio Financial receive in-principle regulatory approval to function as co-sponsors and set up a mutual fund business in India.
Rise in AUM Likely to Aid BlackRock's Q3 Earnings, High Costs to Hurt
Solid inflows and market appreciation are likely to have driven BLK's AUM balance, thus supporting its Q3 earnings.
BlackRock (BLK) Stock Drops Despite Market Gains: Important Facts to Note
In the latest trading session, BlackRock (BLK) closed at $949.19, marking a -0.24% move from the previous day.
AB or BLK: Which Is the Better Value Stock Right Now?
Investors interested in stocks from the Financial - Investment Management sector have probably already heard of AllianceBernstein (AB) and BlackRock (BLK). But which of these two companies is the best option for those looking for undervalued stocks?
Earnings Preview: BlackRock (BLK) Q3 Earnings Expected to Decline
BlackRock (BLK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
JPMorgan, BlackRock, Delta Air Lines Set To Kick Off Q3 Earnings Season
Fast-growing small cap Byrna Technologies is also on the earnings calendar, with revenue expected to nearly triple from year-ago levels.
3 Financial Stocks Poised to Outperform in 2024
The financial sector acts as a gauge of economic vitality, reflecting business investment, consumer confidence, and the overall flow of capital. As a fundamental driver of global economic growth, the financial sector presents a wealth of investment opportunities for those who understand its cyclical nature and can identify the forces shaping its future.
