Minnesota power regulators on Friday approved a $6.2 billion plan for a BlackRock unit and Canada Pension Plan to buy utility Allete, parent of Minnesota Power, saying recent modifications by the parties should address concerns about rates and clean-power investments. ...

Economic Data and Market Sentiment - The current market operates in a data-scarce environment, making it challenging to gauge fixed income and yield movements during the government shutdown [1] - Corporate data is deemed more reliable than survey data, which often reflects market sentiment rather than actual conditions [2][3] Labor Market and Productivity - Labor data is identified as the most critical information for the next five years, with expectations that productivity and technological advancements will alleviate wage pressures and inflation [7] - The economy is projected to achieve a real GDP growth of 3.8% and nominal GDP growth exceeding 5%, indicating strong corporate earnings without a proportional increase in infrastructure needs [8] Business Efficiency and Scale - Companies are focusing on improving productivity through better inventory management and logistics, which is essential for maintaining higher margins and lower infrastructure costs [9] - There is a trend towards achieving scale in operations, which allows companies to run more efficiently while also supporting employment levels [9][10]

In the current session, the stock is trading at $1163.68, after a 0.27% increase. Over the past month, BlackRock Inc. (NYSE:BLK) stock increased by 5.87%, and in the past year, by 23.71%. With performance like this, long-term shareholders are optimistic but others are more likely to look into the price-to-earnings ratio to see if the stock might be overvalued.BlackRock P/E Ratio Analysis in Relation to Industry PeersThe P/E ratio is used by long-term shareholders to assess the company's market performance a ...

BlackRock Inc.’s (NYSE:BLK) Global Infrastructure Partners (GIP) is reportedly in advanced talks to acquire Aligned Data Centers in a deal that could value the company at $40 billion.A deal for Aligned, which is backed by investment firm Macquarie Group, could be announced within days, Bloomberg News reported on Friday, citing people familiar with the matter. Check out the current price of BLK shares here.MGX, an AI investment company established by Abu Dhabi’s sovereign wealth fund Mubadala Investment Co., ...

格隆汇10月3日｜蒙特利尔银行：给予贝莱德(BLK.US)跑赢大盘评级，目标价1280美元。 ...

Core Viewpoint - BlackRock Inc.'s Global Infrastructure Partners is in advanced discussions to acquire Aligned Data Centers, which is expected to be a significant beneficiary of AI spending, with a potential transaction value of approximately $40 billion [1][2]. Group 1: Acquisition Details - The acquisition of Aligned Data Centers is one of the largest deals of the year, with an expected announcement within days [1][2]. - MGX, an AI investment company backed by Mubadala Investment Co., is also participating in the talks and plans to invest independently in the transaction [3]. - GIP is considering other major acquisitions, including AES Corp., which has an enterprise value of about $38 billion, due to anticipated increased electricity demand from AI applications [4]. Group 2: Market Context - The potential acquisition reflects a trend of significant deals following the emergence of ChatGPT, as investors seek exposure to leading technology companies that could transform industries [6]. - There is a growing concern among market observers regarding the sustainability of the current surge in valuations, as AI services have not yet reached mainstream adoption to justify the high market expectations [7][8].

Endeavour Mining plc (“the Company”) announces that it received the following notification from Blackrock, Inc. of its interests in the Company as at 2 October 2025 TR-1: Standard form for notification of major holdings 1. Issuer Details ISIN GB00BL6K5J42Issuer Name ENDEAVOUR MINING PLCUK or Non-UK Issuer UK2. Reason for Notification An acquisition or disposal of voting rights3. Details of person subject to the notification obligation Name BlackRock, Inc.City of registered office (if applicable) Wilmingto ...

Core Insights - Bitcoin ETFs have experienced significant inflows totaling $2.25 billion over four consecutive days, indicating a strong resurgence in institutional interest [1][8] - BlackRock, Fidelity, and ARK & 21Shares are leading the inflows, with BlackRock's IBIT ETF recording the highest net inflow of $466.55 million in the latest trading session [2][3] Inflows and Performance - The latest trading session alone saw inflows of $627.24 million, driven by Bitcoin's price surge above $120,000 [2] - BlackRock's IBIT has a cumulative total of $61.84 billion in net inflows, while Fidelity's FBTC and ARK's ARKB attracted $89.62 million and $45.18 million respectively [3][5] Market Dynamics - The increase in ETF activity aligns with Bitcoin's price rebound, which reached an intraday high of $120,550 before slightly retreating to $119,912 [3] - Technical indicators such as the Relative Strength Index (RSI) at 64.38 and a widening MACD histogram suggest continued upward momentum for Bitcoin [4] Asset Management - BlackRock's IBIT manages $93.95 billion in assets, while Fidelity's FBTC holds $24.91 billion and ARKB manages $5.43 billion [4][5] - The total assets locked in Bitcoin ETFs now amount to $161.03 billion, representing 6.7% of Bitcoin's total market cap [6] Institutional Demand - The strong inflows into Bitcoin ETFs indicate a resurgence and acceleration of institutional demand, particularly at the start of October, a month historically known for bullish trends in the crypto market [6][8] - Bitcoin ETPs currently hold over 1.47 million BTC, accounting for approximately 7% of the capped supply, with U.S. ETFs holding 1.29 million BTC [7]

Global Infrastructure Partners is in advanced talks to acquire Macquarie-backed Aligned Data Centers in one of the biggest deals of the year, according to people familiar with the matter.Aligned could be valued at about $40 billion in a transaction, said one of the people.An agreement could be announced within days, said the people who asked not to be identified because the information is private. MGX, an AI investment company established by sovereign wealth fund Mubadala Investment Co., is also involved in ...

Group 1 - Global Infrastructure Partners (GIP) is in advanced talks to acquire Aligned Data Centers, potentially making it one of the largest deals of the year with an estimated valuation of around $40 billion [1] - The deal involves participation from MGX, an AI investment company established by the sovereign wealth fund Mubadala, which has previously invested in Aligned [1] - The acquisition, if completed at the $40 billion valuation, would rank among the top five global mergers and acquisitions of the year [1] Group 2 - Aligned operates across the U.S. and South America, managing and planning 50 data center campuses with a total of 78 facilities [2] - In January, Aligned secured over $12 billion in equity and debt financing commitments from investors, including those under Macquarie Asset Management [2] - The demand for data centers has surged due to AI technology, prompting the White House to propose streamlining environmental assessments for new facilities [2]