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Blackrock Inc
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BLK News30 articles
EchoStar Shares Soar on SpaceX IPO Anticipation
EchoStar shares jumped 9.1% to $125.67 as SpaceX's $75 billion IPO nears, with the company seen as a key proxy for SpaceX exposure due to spectrum deals.
Broadcom Hits Record High as AI Chip Demand Fuels Rally Ahead of Earnings
Broadcom shares hit a record $446.77, up 7.9% for the week, as investors await its June 3 fiscal Q2 report, a key test for AI chip demand.
Google's $5B AI Cloud Deal with Blackstone Fails to Impress Wall Street
Alphabet shares dropped 2.3% as Google's $5B AI cloud venture with Blackstone and new Gemini models failed to meet Wall Street's high expectations.
Nebius Shares Slide 7.5% After Google-Blackstone AI Venture, Downgrade
Nebius Group NV shares dropped 7.5% after Google and Blackstone launched a $5B AI cloud venture and D.A. Davidson downgraded the stock. Revenue surged 684% to $399M.
SpaceX Eyes June Nasdaq Debut with $1.75 Trillion Valuation, BlackRock in Talks
SpaceX is moving toward a potential June IPO on Nasdaq, targeting a $1.75 trillion valuation. Shareholders approved a 5-for-1 stock split, and BlackRock is in talks for a major investment.
Morgan Stanley's Bitcoin Fund Gains Amid BlackRock IBIT Outflows
Morgan Stanley's new bitcoin fund drew $10.8M while BlackRock's IBIT lost $54.7M on April 29, signaling shifting investor preferences in the spot bitcoin ETF market.
T. Rowe Price Faces $13.7B Outflows as Q1 Earnings Loom
T. Rowe Price reports $13.7B in Q1 net outflows, with AUM falling to $1.71T. Analysts cut price targets ahead of earnings, as the dividend stock faces pressure from fee revenue and competition.
BlackRock's 8.2% Bloom Energy Stake Coincides with Oracle AI Deal
BlackRock takes an 8.2% passive stake in Bloom Energy as the company prepares to report Q1 results, with investors focused on its Oracle fuel-cell agreement and AI data center demand.
Citi Wealth Partners with Advyzon for Global Unified Managed Account Platform
Citi Wealth is teaming up with technology provider Advyzon to introduce a worldwide unified managed account platform starting in late 2026. The system will consolidate various investment vehicles, including alternatives, into single accounts.
Alphabet's AI Spending Surge Draws Investor Scrutiny Ahead of Earnings
Alphabet shares traded near $337 as investors await its April 29 earnings, with attention on a potential capital expenditure surge to $185 billion for 2026 and recent AI chip deals.
Stocks Rally on Diplomatic Hopes, Soft Inflation; S&P 500 Nears Record
Major U.S. equity indices advanced sharply Tuesday, with the S&P 500 closing within 0.2% of its January record. The rally was fueled by falling crude prices amid potential diplomatic talks with Iran and cooler-than-expected wholesale inflation data.
Stocks Climb as Oil Retreats, Inflation Data Eases Rate Fears
U.S. equities advanced Tuesday, with the Dow Jones Industrial Average rising approximately 290 points, bolstered by a sharp decline in oil prices and wholesale inflation data that was cooler than anticipated.
Wall Street Rallies on Diplomatic Hopes, Strong Bank Earnings
U.S. stocks advanced sharply Tuesday, with major indexes climbing as hopes for renewed U.S.-Iran talks and a solid start to earnings season lifted market spirits. The Dow gained over 290 points.
Morgan Stanley Expands Crypto Strategy Beyond Bitcoin with Tokenization Plans
Morgan Stanley is developing tokenized money-market funds and crypto tax tools following the successful launch of its low-fee bitcoin ETP, signaling broader digital asset ambitions beyond Bitcoin.
Blue Owl Limits Redemptions at Key Credit Funds Amid Surge in Withdrawal Requests
Blue Owl Capital has imposed a 5% quarterly redemption cap on two major private credit funds following a surge in withdrawal requests, with one fund facing over 40% in redemption demands.
Fidelity Canada to Shutter Eight Funds as Retirement Products Outperform
Fidelity Investments Canada is winding down eight funds, with most closures set for late July. Meanwhile, the firm's Freedom 2045 and 2015 retirement funds outperformed their benchmarks in the fourth quarter of 2025.
Markets Mixed as Oil Surge, Slowing PMI Weigh on Sentiment
U.S. stocks were mixed Tuesday as a rebound in oil prices and signs of slowing economic growth tempered Monday's rally. The Dow Jones Industrial Average advanced, while the Nasdaq Composite slipped.
Blue Owl Shares Dip as BofA Calls Private Credit Fears Excessive
Blue Owl Capital shares declined slightly on Thursday following a Bank of America research note stating concerns around private credit managers are exaggerated. The stock has fallen nearly 40% year-to-date amid broader sector strain.
AI Disruption Threatens Entry-Level Jobs, CEOs Warn of Graduate Unemployment Spike
Top executives from ServiceNow and BlackRock caution that artificial intelligence is rapidly displacing entry-level white-collar positions, potentially pushing graduate unemployment into the mid-30 percent range within years.
Dow Retreats Amid Inflation Jitters, $100 Oil Stirs Stagflation Fears
U.S. stocks declined Friday, with the Dow Jones Industrial Average holding near 46,660. Surging oil prices and persistent inflation data heightened stagflation worries before next week's Federal Reserve meeting.
Stocks Retreat as Stagflation Fears Intensify Ahead of Fed Meeting
U.S. equities declined Friday as persistent inflation and slowing growth rattled investors. The Nasdaq dropped 0.91% and the S&P 500 fell 0.38% with Brent crude holding above $100.
Bank Stocks Gain on Regulatory Ease Amid Credit, Rate Pressures
Bank of America shares advanced Friday after Federal Reserve officials signaled plans to reduce capital requirements for major banks. The gains occurred alongside fresh stress in private credit markets and persistent inflation concerns delaying interest rate cuts.
BlackRock Sees Inflation Risk from Middle East Energy Shock, Favors Stocks
BlackRock cautions that energy supply disruptions from Middle East tensions may sustain inflationary pressures, though it views the shock as likely lasting weeks rather than months. The firm remains underweight long-term U.S. bonds and prefers U.S. and Japanese stocks.
Goldman Offers Hedge Funds Swap to Short Software Loans as AI Risks Mount
Goldman Sachs is marketing a total return swap allowing hedge funds to bet against corporate loans in the software sector, fueled by concerns that artificial intelligence could disrupt credit markets. No trades have been executed yet.
BlackRock Fund Limits Spark Liquidity Fears as Private Credit Defaults Hit Record
BlackRock has restricted redemptions from its $26 billion private-credit fund after requests surged, intensifying stress in real estate-linked markets. Fitch warns of record defaults in the sector.
Circle Stock Rises on Inflation Fears; CFO Sells Shares Under Plan
Circle Internet Group's stock advanced 5.8% to $101.76 in a volatile session, driven by its rate-sensitive USDC stablecoin business amid shifting inflation expectations. The company's CFO sold shares under a pre-scheduled trading plan.
AES Accepts $15 Per Share Take-Private Bid Led by BlackRock, EQT Consortium
AES Corporation has entered into a definitive agreement to be acquired and taken private for $15.00 per share in cash by an investor group led by Global Infrastructure Partners and EQT Infrastructure. The deal follows a significant stock price decline as investors weigh regulatory hurdles.
AES Plunges 17% on $15 Takeover Bid as Market Prices in Deal Risk
AES Corp shares fell sharply after the power company agreed to a $15-per-share buyout. The stock traded below the offer price as investors weighed a lengthy closing timeline and regulatory hurdles.
AES Plunges 17% as $15 Buyout Deal Faces Scrutiny Over Timeline, Risk
Shares of AES Corp. tumbled 17% Monday after the power company agreed to a $15-per-share buyout, trading below the offer price as investors weigh a lengthy closing timeline and regulatory risks.
Dow Trims Losses as Oil Spike Fuels Inflation Worries
The Dow Jones Industrial Average recovered from deeper losses but remained down 0.14% by midday Monday as a sharp jump in oil prices stoked inflation fears. Early declines were led by Sherwin-Williams and 3M.