As FuelCell (NASDAQ:FCEL) has battled difficult market forces and short squeeze speculation, a major institutional investor has been trimming its stake. BlackRock (NYSE:BLK) has reported via a regulatory filing dated Jan. 26, 2024, that it ended 2023 with 35,027,576 shares after previously reporting 41,616,185 shares at the end of the third quarter of 2023. The financial services giant’s current stake is just under 8%. While FCEL stock is up today amid high volatility, it has decreased considerably over the ...

TORONTO, Jan. 25, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited ("BlackRock Canada"), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE:BLK), today announced the final January 2024 cash distributions for the iShares Premium Money Market ETF. Unitholders of record on January 26, 2024 will receive cash distributions payable on January 31, 2024. Details regarding the final "per unit" distribution amounts are as follows: Fund NameFund TickerCash Distribution Per Unit ($)iShares ...

One stock that might be an intriguing choice for investors right now is BlackRock, Inc. (BLK) . This is because this security in the Financial - Investment Management space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place i ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Investment giant BlackRock Inc. BLK, -0.91% is making what it calls one of its strongest strategic calls of the moment: Inflation is likely to stay closer to 3% as the world increasingly splits itself into competing blocs. Attacks by Yemen's Houthi militants on Red Sea vessels, followed by a U.S.-led response, are prompting a rerouting of tankers and cargo ships which is driving up shipping costs. Meanwhile, Taiwan's Jan. 13 election of a new president whose party supports a separate identity for the island ...

JEFF HAYNES/AFP via Getty ImagesWritten by Sam Kovacs Introduction In a remarkable display of market resilience, the S&P 500 has soared to unprecedented heights, closing at 4,839.81 last Friday. BloombergThis not only surpasses the previous record close set on January 3, 2022, but also shatters a 512-day streak without a record high—a noteworthy event given the historical significance attached to such milestones. History has often seen the S&P 500 climb after setting new highs. In fact, in the year fol ...

On the fifth day of bitcoin exchange-traded funds, the market gave to us, three funds with more than one billion dollars in assets under management out of the 11 that won regulatory approval for a stock market listing. Despite being slapped with more than $2.2 billion in net outflows, the Grayscale Bitcoin Fund (GBTC) remains the largest bitcoin ETF on the market by a significant margin with $23 billion in AUM. In second place is BlackRock Inc (NYSE:BLK)'s iShares Bitcoin trust (IBIT) with $1.2 billion in A ...

TORONTO, Jan. 19, 2024 (GLOBE NEWSWIRE) --  BlackRock Asset Management Canada Limited ("BlackRock Canada"), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE:BLK), today announced the January 2024 cash distributions for the iShares ETFs listed on the TSX or Cboe Canada which pay on a monthly basis. Unitholders of record of a fund on January 26, 2024 will receive cash distributions payable in respect of that fund on January 31, 2024. Details regarding the "per unit" distribution amounts are as fo ...

Jamie Dimon, chief executive at JPMorgan Chase & Co. JPM, +0.11%, said he still sees no value in bitcoin and is done with talking about the crypto, after the first several bitcoin exchange traded funds debuted in the U.S. last week.  “I hope this is the last time I’m talking about this [bitcoin] with CNBC, so help me god,” Dimon said in an interview with the news channel on Wednesday.  A number of Wall Street heavyweights, such as BlackRock BLK, -0.77% and Fidelity, last week launched their bitcoin BTCUS ...

BlackRock Inc.’s plan to buy major private-equity firm Global Infrastructure Partners for $12.5 billion will help the asset-management giant’s stock reach the $1,000 mark, TD Cowen analyst Bill Katz said in a fresh upgrade of the stock.Katz said Tuesday he sees a “pathway toward $1,000” for BlackRock’s BLK, -0.61% stock price as he upgraded the fund manager to outperform from market perform and raised its 12-month price target to $938 a share from $819 a share.The upgrade comes just a few days after BlackRo ...