Wall Street expects a year-over-year increase in earnings on higher revenues when BlackRock (BLK) reports results for the quarter ended March 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on April 12. On the ...

Larry Fink recently posted his annual letter to shareholders. He's the CEO of Blackrock, one of the world's largest and most consequential companies. In it, he spoke about retirement.One part that stood out to me was Fink's acknowledgment that retirement isn't just a saving challenge for many, but a spending one, too. It struck me that spending, the other variable of the most basic rule in personal finance (income minus expenses = what you keep), doesn't get enough attention.How do you know how much you can ...

While 65 may be a common age to retire, there are some drawbacks involved.Assuming your employer doesn't force you into retirement, you have the option to end your career at whatever age works for you. That age may be 50, or it may be 70, and the choice is yours.But many people seem to land on age 65 when it comes to retirement. And it's easy to see why.Age 65 is a common threshold at which senior discounts go into effect. And it's also the age at which you're allowed to enroll in Medicare. But retiring at ...

Bitcoin (BTC-USD) is set to undergo its fourth halving this month and the community is riled up as ever in anticipation for the event. Amidst this excitement, another set of players — institutional investors — are taking notice.The halving hasn’t necessarily always led to an immediate price surge, but the sheer enthusiasm and attention surrounding the BTC event is laying the groundwork for future favorable price movements. Investors that got in earlier are being set up to reap handsomely when the cryptocurr ...

Whether it's through stocks, bonds, ETFs, or other types of securities, all investors love seeing their portfolios score big returns. But for income investors, generating consistent cash flow from each of your liquid investments is your primary focus.Cash flow can come from bond interest, interest from other types of investments, and of course, dividends. A dividend is the distribution of a company's earnings paid out to shareholders; it's often viewed by its dividend yield, a metric that measures a dividen ...

The cryptocurrency market had a solid first quarter, following a rally in 2023 that saw Bitcoin (BTC) hitting an all-time high. On Mar 14, Bitcoin, the world’s most popular cryptocurrency, hit an all-time high of $73,750, with its market capitalization surpassing $1.44 trillion.Since then, Bitcoin declined below the $70,000 level before regaining some of the lost ground and traded at $70,657 on Mar 29. The drop in Bitcoin price raised concerns among some, but the decline is temporary as the cryptocurrency s ...

The new spot Bitcoin (BTC -0.25%) ETFs are arguably one of the most important product launches on Wall Street in the past 30 years. In less than three months, they have already attracted nearly $30 billion from investors, and daily inflows on some days have been more than $1 billion.Over the short term, these new spot Bitcoin ETFs will help to popularize the idea of cryptocurrency as a stand-alone asset class that deserves a place in your portfolio. Over the longer term, they could serve as the gateway to e ...

Blackrock CEO Larry Fink, who oversees $10 trillion, running the world’s largest asset manager, is no stranger to things being big. Still, the explosive growth of spot bitcoin exchange-traded funds, especially the firm’s, caught even the seasoned Wall Street executive off guard.  "I am very bullish on the long-term viability of bitcoin," he said Wednesday during an interview on "The Claman Countdown." The cryptocurrency has been climbing and hit a fresh all-time high of $71,000 this week. "That surprised me ...

Saving for retirement can feel like an uphill battle, especially when you're juggling day-to-day expenses and trying to keep your head above water.But BlackRock CEO Larry Fink shares an action that can kick-start your journey: building an emergency fund. In his annual letter to investors, he points out that people with emergency savings are 70% more likely to invest for retirement.So, if you're seeking to tackle your daily finances while saving for retirement, here are three tips to kick-start your journey. ...

TORONTO, March 22, 2024 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited ("BlackRock Canada"), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE:BLK), today announced the final March 2024 cash distributions for the iShares Premium Money Market ETF. Unitholders of record on March 25, 2024 will receive cash distributions payable on March 28, 2024. Details regarding the final "per unit" distribution amounts are as follows: Fund NameFund Ticker Cash Distribution Per Unit ($) iShares Pre ...