BlackRock chairman and CEO Larry Fink joins 'Squawk Box' to discuss the $500 billion Stargate AI project, state of the economy, the Fed's inflation fight, impact on the markets, future of DEI in corporate America, and more.
Fink was once skeptical of digital assets, but is now a “big believer” in bitcoin as an instrument.
Four out of BlackRock's nine UK investment trusts (Blackrock World Mining Trust (LSE:BRWM), BlackRock Smaller Companies Trust, BlackRock Energy and Resources Income Trust and BlackRock American Income Trust) put out announcements that their boards have entered into agreements with Saba Capital. In return, the US activist hedge fund has given a number of undertakings not to take any hostile action for the next two and a half years.
So far in 2025, the financials sector has been among those outperforming the overall market as of the Jan. 17 close. The Financial Select Sector SPDR NYSEARCA: XLF, which tracks the performance of financial stocks in the S&P 500, is up nearly 4%.
BlackRock Vice Chairman Philipp Hildebrand discusses the "transformational forces" driving policy and the global economy in 2025. He says the biggest risk is that "inflation is not just sticky, but continues to be stubbornly sticky.
Bitcoin (BTC 1.05%) had a phenomenal year in 2024. The cryptocurrency returned 119%, easily outperforming the 23% gain in the S&P 500 (SNPINDEX: ^GSPC), which itself is commonly seen as a barometer for the overall U.S. stock market.
The lawsuit accused the firm of making "misleading" statements on how strongly ESG goals drove its investments.
Exceeding their Q4 top and bottom-line expectations on Wednesday, let's see if it's time to buy stock in these renowned investment firms.
BlackRock ETF investment chief Samara Cohen thinks President-elect Donald Trump will push crypto-friendly policies.
Keefe, Bruyette & Woods analyst Aidan Hall raised the price forecast on BlackRock, Inc. BLK to $1,180 from $1,160 while maintaining an Outperform rating.
BlackRock manages more than $11.5 trillion in assets on behalf of its clients, making it the world's largest investment company. Around $3.5 trillion of that is in exchange-traded funds (ETFs) operated by its iShares subsidiary.
BlackRock Inc chief executive Larry Fink says he doesn't have any new acquisition target in mind for 2025. The world's largest asset manager made three sizable acquisitions last year: an independent infrastructure fund manager (GIP), a global credit investment manager (HPS), and a leading provider of private markets data (Preqin).