BLACKROCK INC (BLK)

US09290D1019 - Common Stock

955.64  -30.46 (-3.09%)

After market: 952.551 -3.09 (-0.32%)

News Image
2 hours ago - Yahoo Finance

Bank regulator gives BlackRock new deadline on bank stakes, Bloomberg reports

The Federal Deposit Insurance Corporation gave a fresh deadline of Feb. 10 to BlackRock to resolve an issue regarding oversight into the firm's stock in banks, Bloomberg News reported on Sunday, citing three people with knowledge of the matter.

News Image
2 hours ago - Bloomberg

BlackRock Faces New Deadline from US Regulator Over Bank Stakes

BlackRock Inc. is facing a new demand from a top US regulator over its stakes in banks after the asset manager failed to meet a January deadline and pushed to delay talks into the Trump administration.

News Image
7 hours ago - Yahoo Finance

Two key inflation prints await investors as rate fears rattle markets: What to know this week

After a hot December jobs report pared back investor's hopes for interest rate cuts in 2025, two key inflation readings will add to the discussion in the week ahead.

News Image
7 hours ago - Yahoo Finance

JPMorgan Chase, TSMC, UnitedHealth, and more stocks to watch this week

The stock market has yet to gain momentum in 2025. With Donald Trump’s inauguration on January 20th drawing near, all eyes are on how investors will react this week, as it carries its own significance with key earnings reports and the much-anticipated inflation data release, which is expected to stay high. Moreover, the recent job data was better than anticipated, suggesting that the Federal Reserve may postpone its decision to cut interest rates.

News Image
a day ago - Yahoo Finance

Spot Bitcoin ETF Biggest Winners and Losers One Year On

A year after they began trading, there was a clear winner among spot bitcoin exchange-traded funds. BlackRock's Bitcoin Trust saw investors pour in billions while Grayscale's Bitcoin Trust lagged behind after massive outflows.

News Image
2 days ago - Bloomberg

2024 a 'Year of Manic Narratives': Axonic’s Cecchini

Axonic Capital Principal Peter Cecchini says 2024 was a "year of manic narratives" for markets and fed and thinks the Fed "stopped the fight a little bit too early." BlackRock Head of Macro Credit Research Amanda Lynam likes floating rate exposure and thinks it's "really compelling for investors." They speak with Vonnie Quinn on "Real Yield." (Source: Bloomberg)

News Image
2 days ago - Yahoo Finance

UN chief upset Blackrock quit climate group, urges others to stay

U.N. Secretary-General Antonio Guterres is disappointed that the world's biggest asset manager, BlackRock BLK.N, has left a global initiative to combat climate change, his spokesperson said on Friday, urging other companies to "stay the course." BlackRock, which manages some $11.5 trillion, said that its membership "caused confusion regarding BlackRock's practices and subjected us to legal inquiries from various public officials." Under the voluntary Net Zero Asset Managers Initiative, Blackrock had pledged to support the goal of net zero greenhouse gas emissions by 2050, using influence such as how it votes proxies at corporate meetings.

News Image
2 days ago - Bloomberg

Bloomberg Real Yield 01/10/2025

Sonali Basak highlights the market-moving news you need to know. Todays guest include: Kathy Jones, Charles Schwab Chief Fixed Income Strategist, Mark Cabana, BoFA Global Research Head of US Rates Strategy, Amanda Lyn, BlackRock Head of Macro Credit Research, and Peter Cecchini, Axonic Capital Principal. (Source: Bloomberg)

News Image
2 days ago - The Sydney Morning Herald

Fossil fuels are back with a vengeance! And the world is cooking

The fossil fuel industry is fighting back harder than ever against those who would seek to curtail it to protect the climate. Profits are up, political pressure for change is down. Meanwhile, the planet just gets hotter.

News Image
2 days ago - Zacks Investment Research

BlackRock Plans Headcount Reduction by 1% Under Strategic Realignment

BLK intends to reduce its staff by about 1% to reallocate its resources to its strategic priorities to build a dynamic organization.

News Image
2 days ago - Yahoo Finance

UK gilt selloff triggers pension cash calls in first big test since 2022 crisis

Some British pension funds are being told by asset managers to come up with more cash to support their hedging positions after a recent jump in borrowing costs, but pensions advisers told Reuters this week the market was behaving in an orderly way. XPS and Gallagher said some funds had been instructed to post more cash to maintain derivatives positions they hold through so-called Liability Driven Investment (LDI) strategies. BlackRock, a major LDI provider, said in a note to clients on Friday that although higher borrowing costs will have reduced pension schemes' collateral resilience, funds were better prepared than previously to withstand volatility.

News Image
2 days ago - Bloomberg

BlackRock’s Rieder: Momentum Will Get 10-Year to 5%

Rick Rieder, global CIO of fixed income at BlackRock, says the December jobs report emphasized that the US Economy “is in solid shape” as he examines the long end of the yield curve and the Federal Reserve’s ability to cut rates further from here. (Source: Bloomberg)

News Image
2 days ago - Bloomberg

Rates Are Bringing Value Back to Bonds: BlackRock's Rosenberg

Jeffrey Rosenberg, systemic multi-strategy fund portfolio manager at BlackRock, says higher interest rates are bringing relative value back to fixed income. His comments come after it was announced the US economy added 256,000 jobs in December, exceeding forecasts. He speaks on "Bloomberg Surveillance. (Source: Bloomberg)

News Image
2 days ago - Zacks Investment Research

BlackRock Finance (BLK) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates

Beyond analysts' top -and-bottom-line estimates for BlackRock Finance (BLK), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.

News Image
2 days ago - Yahoo Finance

Can Spot Crypto ETFs Repeat a Stellar Rookie Year?

Crypto ETFs were incredibly successful in their first year but face new competition from Solana, XRP and a range of composite funds.

News Image
3 days ago - Yahoo Finance

Cryptoverse: Next wave of US crypto ETFs already in the pipeline

That first wave of bitcoin ETFs attracted a whopping $65 billion in 2024, helping to propel the price of bitcoin from $43,000 to more than $100,000. The largest of those new products, BlackRock's iShares Bitcoin Trust, has become the most successful debut in the ETF industry's 35-year history. Shortly after those products celebrate their first anniversary on Jan. 10, President-elect Donald Trump - who has pledged to be a crypto president - will be sworn in for the second time, igniting what cryptocurrency fans believe will be a new golden era for the digital asset class.

News Image
3 days ago - Yahoo Finance

BlackRock in Talks to Sell Stake in Sperry-Owner Authentic Brands Group

(Bloomberg) -- An investor group including CVC Capital Partners, General Atlantic, HPS Investment Partners and Leonard Green & Partners is in talks to buy BlackRock Inc.’s equity stake in Authentic Brands Group, according to people with knowledge of the matter.Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Bu

News Image
3 days ago - Bloomberg

BlackRock in Talks to Sell Stake in Sperry-Owner Authentic Brands Group

An investor group including CVC Capital Partners, General Atlantic, HPS Investment Partners and Leonard Green & Partners is in talks to buy BlackRock Inc.’s equity stake in Authentic Brands Group, according to people with knowledge of the matter.

News Image
3 days ago - Yahoo Finance

BlackRock seeks to push FDIC bank oversight deadline to March

BlackRock has asked the U.S. Federal Deposit Insurance Corporation to extend its deadline to reach an agreement on how the agency would oversee the giant asset manager's investments in FDIC-regulated banking organizations from Friday until March 31, according to a letter the firm sent to regulators on Thursday and obtained by Reuters. The letter is the latest move in a months-long tug of war between the FDIC and the biggest managers of index-based mutual funds and exchange-traded funds over the rules governing their passive investments in FDIC-regulated banks. In late December, Vanguard Investments hammered out terms of such a passivity agreement with the FDIC, which immediately afterward asked BlackRock to sign a very similar agreement by the Friday deadline.

News Image
3 days ago - Bloomberg

BlackRock Stares Down FDIC Just Before Deadline Over Bank Stakes

BlackRock Inc. is resisting the Federal Deposit Insurance Corp.’s demands that the world’s largest asset manager submit to new oversight of its stakes in US banks, seeking to delay negotiations into the Trump administration.

News Image
3 days ago - Yahoo Finance

BlackRock Stares Down FDIC Just Before Deadline Over Bank Stakes

(Bloomberg) -- BlackRock Inc. is resisting the Federal Deposit Insurance Corp.’s demands that the world’s largest asset manager submit to new oversight of its stakes in US banks, seeking to delay negotiations into the Trump administration.Most Read from BloombergWhat Robotaxis Brought San FranciscoNYC Condo Owners May Bear Costs of Landmark Green Building LawNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Dr

News Image
3 days ago - Yahoo Finance

BlackRock quits climate group in Wall Street's latest environmental step-back

BlackRock, the world's biggest asset manager, said on Thursday it will leave the Net Zero Asset Managers initiative, Wall Street's latest environmental step-back amid antitrust concerns raised by Republican politicians. BlackRock, which manages some $11.5 trillion, said that with two-thirds of its global clients committed to cutting emissions to net zero, it had made sense to join groups like the organization known as NZAMI. "However, our memberships in some of these organizations have caused confusion regarding BlackRock’s practices and subjected us to legal inquiries from various public officials," leading to the departure, according to a client letter shared by a company representative.

News Image
3 days ago - Bloomberg

BlackRock Leaves Major Climate Group Amid Wall Street Exodus

BlackRock Inc. is exiting one of the world’s biggest climate finance groups for investors after being targeted by Republican politicians for its efforts on global warming.

News Image
3 days ago - Yahoo Finance

BlackRock Leaves Major Climate Group Amid Wall Street Exodus

(Bloomberg) -- BlackRock Inc. is exiting one of the world’s biggest climate finance groups for investors after being targeted by Republican politicians for its efforts on global warming.Most Read from BloombergNYC Condo Owners May Bear Costs of Landmark Green Building LawWhat Robotaxis Brought San FranciscoNYC’s Subway Violence Deters Drive to Bring Workers Back to OfficeDutch Central Bank Restores Amsterdam’s ‘Ugliest Building’Can American Drivers Learn to Love Roundabouts?The money manager sai

News Image
3 days ago - MarketJar

Massive Crypto ETF Exodus: $742M Vanishes Overnight

Massive crypto ETF outflows hit major funds like BlackRock and Fidelity, with $742M withdrawn overnight. Learn about the causes and future implications.

News Image
3 days ago - Yahoo Finance

BlackRock private equity fund takes more than $600mn hit on investment

A leading BlackRock private equity fund has lost more than $600mn on an investment in an insurance outsourcing company after the business struggled...

News Image
3 days ago - Yahoo Finance

Bitcoin ETFs Suffer $582M Net Outflow, Second-Highest Tally Ever

The ETFs bleed money as renewed U.S. inflation fears dent Fed rate cuts and boost bond market volatility

News Image
4 days ago - Straits Times

Asset management giant BlackRock to cut about 1% of its employees, staff memo says

Company has more than 21,000 employees, meaning the cuts apply to about 200 staff.