RWA Issuers - Top RWA (Real World Asset) issuers by AUM (Assets Under Management) include BlackRock, Ondo, Superstate, WisdomTree, Franklin Templeton, Blockchain Capital, Apollo, VanEck, and Hamilton Lane [1]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Summary: BlackRock (BLK) - BlackRock currently holds a Momentum Style Score of B, indicating a favorable momentum characteristic [2] - The company has a Zacks Rank of 2 (Buy), suggesting strong potential for outperformance in the market [3] - Over the past week, BlackRock shares increased by 3.28%, outperforming the Zacks Financial - Investment Management industry, which rose by 1.91% [5] - In a longer timeframe, BlackRock shares have gained 25.75% over the past quarter and 34.08% over the last year, significantly outperforming the S&P 500's gains of 15.13% and 13.62%, respectively [6] - The average 20-day trading volume for BlackRock is 529,112 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, four earnings estimates for BlackRock have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $44.93 to $45.73 [9] - For the next fiscal year, four estimates have also moved upwards, indicating positive sentiment regarding future earnings [9] Conclusion - Given the positive momentum indicators and earnings outlook, BlackRock is positioned as a strong investment opportunity with a Momentum Score of B and a Zacks Rank of 2 (Buy) [11]

Group 1 - The article analyzes the iShares Treasury Floating Rate Bond ETF managed by BlackRock, which aims to replicate the Bloomberg US Treasuries Floating Rate Index [1] - The fund consists of US Treasury bonds with floating rates and associated coupons [1]

Core Viewpoint - BlackRock is expected to report quarterly earnings of $10.77 per share, a 4% increase year-over-year, with revenues projected at $5.38 billion, reflecting a 12% year-over-year growth [1]. Earnings Estimates - Wall Street analysts have revised the consensus EPS estimate upward by 1.7% over the last 30 days, indicating a collective reassessment of forecasts [2]. - Revisions to earnings estimates are significant indicators for predicting investor actions regarding the stock [3]. Revenue Projections - Analysts project 'Revenue- Technology services revenue' at $493.72 million, a year-over-year increase of 25% [5]. - 'Revenue- Advisory and other revenue' is expected to reach $59.44 million, reflecting a 12.1% year-over-year increase [5]. - 'Revenue- Investment advisory performance fees' is forecasted at $156.55 million, indicating a year-over-year decline of 4.6% [5]. - The consensus for 'Revenue- Distribution fees' is $323.27 million, a 1.7% year-over-year increase [6]. - 'Revenue- Total investment advisory, administration fees and securities lending revenue' is expected to be $4.36 billion, showing a 12.6% year-over-year growth [6]. Assets Under Management - 'Assets under management - Cash management' is projected at $771.17 billion, down from $778.04 billion year-over-year [7]. - 'Total Assets Under Management' is expected to reach $11,679.24 billion, up from $10,645.72 billion in the same quarter last year [7]. - 'Assets under management - Long-term' is forecasted at $10,762.03 billion, compared to $9,867.68 billion in the same quarter last year [8]. - 'Assets under management - ETFs' is estimated at $4,295.42 billion, up from $3,855.77 billion year-over-year [9]. Net Inflows - 'Net inflows - Product Type - Cash management' is projected to be $66.79 billion, compared to $30.20 billion year-over-year [8]. - 'Net inflows' are expected to reach $124.01 billion, up from $81.57 billion in the same quarter last year [9]. - 'Net inflows - Client Type - ETFs' is estimated at $57.88 billion, down from $83.14 billion in the same quarter last year [10]. Stock Performance - BlackRock shares have increased by 9.6% over the past month, outperforming the Zacks S&P 500 composite's 4.4% increase [11].

Group 1 - The article expresses an optimistic view on mergers, suggesting they typically create synergies and long-term shareholder value [1] Group 2 - The author identifies as a buy-and-hold investor focused on quality blue-chip stocks, BDCs, and REITs, aiming to build investment portfolios for lower and middle-class workers [2] - The author plans to supplement retirement income through dividends within the next 5-7 years [2]

RWA (Real World Assets) Tokenization Leaders - BlackRock, Securitize, Tether, and Circle are recognized as top-tier (S) leaders in the RWA tokenization space [1] - Ondo, Paxos, Sky, and Ethena are classified as strong contenders (A tier) in the RWA tokenization market [1] Emerging RWA Tokenization Platforms - Superstate, Tradable, and Spiko are identified as promising (B tier) platforms in the RWA tokenization sector [1] - Centrifuge, Backed Finance, and Mercado Bitcoin are considered developing (C tier) platforms within the RWA tokenization ecosystem [1] Lower-Ranked RWA Tokenization Projects - Tron and Stellar are ranked lower (D tier) in the RWA tokenization landscape [1] - Ripple is positioned at the bottom (F tier) of the RWA tokenization projects [1]

智通财经7月10日电，香港交易所信息显示，贝莱德在药明生物的持股比例于07月04日从5.26%降至 4.91%。 ...

Group 1 - Jefferies raised the target price for BlackRock from $959 to $1210 [1]

Group 1 - The core viewpoint is that investors are increasingly favoring short-term bonds, as evidenced by the performance of BlackRock's 0-3 month Treasury ETF (SGOV), which has surpassed the assets of the long-term Treasury ETF (TLT) [1] - SGOV has become a safe haven for cautious cash holders, reflecting a shift towards low-volatility short-term bonds while moving away from the pricing difficulties associated with long-term monetary policy risks [1] - The appeal of cash has driven money market fund assets to a historic high of over $7 trillion, contrasting with TLT's significant value decline of approximately 40% despite attracting hundreds of billions in inflows [1] Group 2 - Strategas' senior ETF strategist Todd Sohn notes a growing preference for low volatility and stable returns, as many investors recognize the substantial volatility associated with holding long-term bonds [2] - Sohn emphasizes that the volatility level of long-term bond funds is comparable to that of the S&P 500 index, suggesting that unless one is extremely pessimistic about the economy and believes interest rates will collapse, the additional volatility of TLT is not justified [3]

Core Viewpoint - BlackRock emphasizes that unchanged economic laws limit the extent of policy shifts and narrow the range of short-term outcomes, advocating for an overweight position in U.S. stocks and proactive investment strategies across asset classes [1][2][6]. Economic Context - The U.S. stock market has reached new historical highs, driven by themes of artificial intelligence, with the S&P 500 recovering nearly 15% from its decline following the April 2 announcement of U.S. reciprocal tariffs [8]. - June employment data exceeded expectations, with 147,000 new jobs created, leading to a slight increase in the U.S. 10-year Treasury yield to 4.35%, indicating persistent inflationary pressures [8]. Investment Strategy - BlackRock maintains an overweight stance on U.S. stocks, citing the need for structural reforms in Europe to sustain its market performance against the U.S. [2][5]. - The firm prefers Eurozone government bonds and credit over U.S. fixed income due to more attractive yields in Europe, while also favoring emerging market local currency bonds as the dollar may weaken further [6]. Market Dynamics - The firm notes that the current economic landscape favors U.S. performance over other countries, despite historical instances where European markets outperformed [2][5]. - BlackRock identifies "giant forces" as new anchors for returns, suggesting that these forces will drive sustained performance in both short and long terms [7][13]. Upcoming Events - The firm is closely monitoring the expiration of the 90-day suspension of U.S. reciprocal tariffs announced on April 2, with ongoing negotiations among several U.S. trading partners [12].