An Ether cryptocurrency coin in seen in this photo illustration.Ether ETFs officially began trading in the U.S. on Tuesday, putting the world's second largest crypto currency in a vehicle favored by many professional investors and advisors.The new funds come from traditional fund issuers like BlackRock and Fidelity and crypto-specific companies such as Grayscale, marking another step in the increased integration of digital assets into mainstream finance.Ether is the native cryptocurrency on the ethereum blo ...

It’s time to go on the defensive; at least, that’s what the savvy ones on Wall Street would have everyone else do, and while they’re not always right, this time, there might be some sense behind the suggestion. When BlackRock Inc. NYSE: BLK released its earnings results for the second quarter of 2024, it revealed to investors that its clients were being advised to go into fixed-income and exchange-traded funds (ETFs), and here’s why.A new rotation is starting to hit the market, led by Stanley Druckenmiller, ...

TORONTO, July 19, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited ("BlackRock Canada"), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE:BLK), today announced the July 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 July 26, 2024 will receive cash distributions payable in respect of that fund on July 31, 2024. Details regarding the "per unit" distribution amounts are as follows: Fun ...

TORONTO, July 19, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the July 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 July 26, 2024 will receive cash distributions payable in respect of that fund on July 31, 2024. Details regarding the “per unit” distribution amounts are as follows: Fu ...

When the so-called ‘masters of the universe’ give investors an inside look into their operations, this usually merits attention because these insights could be the difference between a market-beating year and a market-lagger one. Today, BlackRock Inc. NYSE: BLK has released its second quarter 2024 earnings and, by extension, the reports for its different business segments.BlackRock TodayBLKBlackRock$831.82 +8.86 (+1.08%) 52-Week Range$596.18▼$845.00Dividend Yield2.45%P/E Ratio21.14Price Target$847.36Add to ...

Loading...Loading...BlackRock, Inc. BLK reported better-than-expected second-quarter earnings on Monday.Revenue growth of 8% Y/Y to $4.805 billion, missing the consensus of $4.849 billion. Adjusted EPS increased 12% Y/Y to $10.36, beating the consensus of $9.93, according to data from Benzinga Pro.BLK's Board of Directors paid a quarterly cash dividend per share of $5.10 and repurchased shares worth $500 million in the quarter."Organic growth was driven by private markets, retail active fixed income, and su ...

This morning, second quarter reports from BlackRock (BLK)  and Goldman Sachs (GS)  provided insight into the prominent investment management banks with both appearing to benefit from easing inflation.Let’s review BlackRock and Goldman's Q2 results and see if now is a good time to buy stock in these finance titans.BlackRock Q2 Review In what BlackRock stated was one of its strongest performances and highest quarterly growth rates since the pandemic, the company expanded its margin by 160 basis points during ...

so so Please stand by. We're about to begin. Good morning. My name is Jennifer, and I will be your conference facilitator today. At this time, I'd like to welcome everyone to the BlackRock Incorporated Second Quarter 2024 Earnings Teleconference. Our host for today's call will be Chairman and Chief Executive Officer Lawrence D. Fink, Chief Financial Officer Martin S. Small, President Robert S. Capito, and General Counsel Christopher J. Meade. All lines have been placed on mute to prevent any background nois ...

Loading...Loading...BlackRock Inc BLK CEO Larry Fink was skeptical about the prospects of Bitcoin BTC/USD for years, but he remained open-minded and eventually came to believe it was a legitimate financial tool. Now he considers himself a “major believer.”What To Know: On Monday on CNBC’s “Squawk On The Street,” Fink admitted he had been a skeptic of bitcoin for years, but after studying and learning about it, he acknowledged his previous opinion was wrong.Fink now considers bitcoin a legitimate financial i ...

The BlackRock logo is pictured outside the company's headquarters in the Manhattan borough of New York City on May 25, 2021.At the time, $13 billion seemed like an awful lot of money to spend on a tiny business. ETFs were still in their infancy: there was roughly $700 million in total assets under management, a paltry sum compared to the trillions then in mutual funds.When BlackRock CEO Larry Fink bought the iShares ETF business from Barclays for roughly $13 billion in 2009, the economy was still reeling fr ...