Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced and qualified news journalists who produce independent content [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]

BlackRock (BLK) reported $5.28 billion in revenue for the quarter ended March 2025, representing a year-over-year increase of 11.6%. EPS of $11.30 for the same period compares to $9.81 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $5.33 billion, representing a surprise of -1.00%. The company delivered an EPS surprise of +10.24%, with the consensus EPS estimate being $10.25.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and ho ...

Larry Fink, Chairman and CEO of BlackRock, speaks at an Economic Club of New York event in New York City, U.S., April 7, 2025.BlackRock CEO Larry Fink told CNBC on Friday that he thinks the U.S. economy has weakened to the point of growth possibly turning negative. "I think we're very close, if not in, a recession now," Fink said on "Squawk on the Street."Fears of an economic slowdown have risen sharply since President Donald Trump unveiled widespread tariffs last week, sparking a sell-off in the stock mark ...

Core Viewpoint - BlackRock's first-quarter 2025 adjusted earnings of $11.30 per share exceeded expectations, reflecting a 15% increase year-over-year, despite challenges in net income and revenue [1][3]. Financial Performance - Adjusted operating income rose 14% year-over-year to $2.03 billion, while net income on a GAAP basis decreased 4% to $1.51 billion [3][5]. - Revenues for the quarter were $5.28 billion, a 12% increase from the previous year, but fell short of the Zacks Consensus Estimate of $5.38 billion [4]. - Total expenses increased by 18% to $3.58 billion, driven by rising costs across all components [4]. Assets Under Management (AUM) - As of March 31, 2025, AUM reached a record high of $11.58 trillion, marking an 11% year-over-year increase, with long-term net inflows of $83 billion during the quarter [6]. - The average AUM for the quarter was $11.68 trillion, reflecting a 15% year-over-year rise [6]. Shareholder Actions - BlackRock repurchased shares worth $375 million during the reported quarter [7]. Strategic Initiatives - The company is diversifying its offerings through acquisitions, including Global Infrastructure Partners and Preqin, which are expected to strengthen its position as a global asset manager [8].

Gold hit another record high above $3,200 on Friday — and is a better way to protect against the ongoing market turmoil than Treasury bills, a BlackRock executive said. Wei Li, global chief investment strategist at the asset manager, wrote in a LinkedIn post on Thursday that higher exchange rates and "currency down" were abnormal. "Also not normal — risk off, #dollar and Treasuries down. I will keep saying it: #gold is a better diversifier than Treasuries in this environment of high debt."Fears over the lo ...

BlackRock's first client 37 years ago was Japanese. A majority of the $11. 6 trillion New York-based firm's employees are based internationally. The manager's risk platform Aladdin just signed its first Korean client. There are even plans to open a few more offices outside the US where the world's largest asset manager has a client base, CEO Larry Fink said Friday morning."BlackRock is a global firm, but one that operates hyper-locally," he said. In practice, this means "we are Mexican in Mexico, Canadian ...

BlackRock (BLK) came out with quarterly earnings of $11.30 per share, beating the Zacks Consensus Estimate of $10.25 per share. This compares to earnings of $9.81 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 10.24%. A quarter ago, it was expected that this investment firm would post earnings of $11.27 per share when it actually produced earnings of $11.93, delivering a surprise of 5.86%.Over the last four quarters, the comp ...

BlackRock, Inc BLK will release its first-quarter financial results before the opening bell on Friday, April 11.Analysts expect the company to report quarterly earnings at $10.21 per share, up from $9.81 per share in the year-ago period. BlackRock projects quarterly revenue of $5.31 billion, compared to $4.73 billion a year earlier, according to data from Benzinga Pro.BlackRock recently broadened its fixed-income lineup with two new target maturity ETFs. The iShares iBonds Dec 2035 Term Corporate ETF IBCA a ...

BlackRock (BLK) is slated to report first-quarter 2025 results on April 11, before the opening bell. Its quarterly revenues and earnings are expected to have improved year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.BLK’s fourth-quarter 2024 earnings surpassed the Zacks Consensus Estimate. Results benefited from a rise in revenues and impressive growth in assets under management (AUM). However, higher expenses and lower non-operating income were undermining factors.Bla ...

Enables Advisors to Meet Growing Demands for Portfolio Customization at Scale BERWYN, Pa. and LAS VEGAS, April 9, 2025 /PRNewswire/ -- Today, Envestnet announced at its Elevate conference in Las Vegas that it has gone live with BlackRock (NYSE: BLK) custom model portfolios for registered investment advisors (RIAs). The new offering provides RIAs with streamlined access to BlackRock's custom model capabilities, managed within a single account and powered by Envestnet's UMA technology. In addition to traditio ...