Dow Jones Today: Stocks Surge, Treasury Yields Slide After Soft CPI Data Boosts Rate-Cut Hopes; Banks Rise on Strong Earnings
Stocks soared Wednesday as investors digested strong earnings reports from several large financial services companies and ...
BlackRock's Rieder sees slow, uneven progress in U.S. inflation
Most of the meaningful progress in inflation appears to be "behind us at this stage" and price gains "may remain sticky at levels higher than the Federal Reserve would ideally like," said Rick Rieder, ...
BlackRock Earnings: Improved Flows Offset by Market Losses and Adverse Currency
While BlackRock stock continues to trade at a hefty premium relative to peers, it doesn’t offer enough of a margin of safety ...
BlackRock and Vanguard own huge amounts of bank shares—but only one agrees with FDIC policy on undue influence
Vanguard has already signed an agreement with the FDIC while BlackRock is reportedly pushing to delay until the Trump ...
Why stocks and bonds are on a tear today
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
BlackRock’s Fink: Letting Lehman Fail Was Right Decision
Five years after the financial collapse, BlackRock CEO Laurence Fink recounts whether he would change anything about ...
Ramaswamy Has a High-Profile Perch and a Raft of Potential Conflicts
Vivek Ramaswamy, Elon Musk’s partner in an effort to cut government costs, could make decisions that ultimately make him and ...
BlackRock Stock Rises as Firm Sets Record for Assets Under Management
Key Takeaways BlackRock's assets under management surged 15% year-over-year to $11.55 trillion.The asset manager beat ...
TikTok Plans ‘Immediate’ Shutdown of App in U.S. on Jan. 19 If Supreme Court Doesn’t Block Ban: Reports
TikTok is preparing to go dark for U.S. users this Sunday if the Supreme Court does not grant its emergency appeal to halt a ...
BlackRock, Inc. (BLK) Q4 2024 Earnings Call Transcript
BlackRock, Inc. ( NYSE: BLK) Q3 2024 Earnings Conference Call January 15, 2025 7:30 AM ET Christopher J. Meade - General Counsel Martin S. Small - Chief Financial Officer Laurence D. Fink - Chairman & ...
BlackRock Q4 Beats Forecasts; Record AUM
With impressive growth in assets under management (AUM), which reached a record $11.6 trillion, BlackRock ended the quarter ...
In Larry Fink's 100th earnings call, the BlackRock CEO spoke about private markets and retirement — but not his own
BlackRock set a record for net inflows in 2024, with more than $600 billion.