BlackRock, Inc. (BLK)
Blackrock's assets hit record high of $11.5 trillion
Blackrock's assets under management were boosted by a surge in inflows driven by billions pouring in from exchange-traded-funds
BlackRock hits record high $11.5 trillion in assets on market rally, ETF boost
BlackRock's assets under management hit a record high for the third straight quarter on Friday, helped by surging inflows to the company's exchange-traded funds and a searing equity rally that boosted the value of its clients' investments.
BlackRock Gears Up For Q3 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
BlackRock, Inc. BLK will release earnings results for its third quarter, before the opening bell on Friday, Oct. 11.
Can BlackRock Finance (BLK) Keep the Earnings Surprise Streak Alive?
BlackRock Finance (BLK) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Why Investors Need to Take Advantage of These 2 Finance Stocks Now
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
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.
