Analysts on Wall Street project that BlackRock (BLK) will announce quarterly earnings of $10.69 per share in its forthcoming report, representing an increase of 9% year over year. Revenues are projected to reach $5.46 billion, increasing 15.5% from the same quarter last year.The consensus EPS estimate for the quarter has undergone a downward revision of 0.1% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates d ...

Core Viewpoint - Larry Fink, the CEO of BlackRock, expresses a desire to eventually step down but acknowledges that the next generation of leadership is not yet ready to take over [2]. Leadership Transition - The potential successors to Fink include Rob Goldstein (COO), Martin Small (CFO and global head of corporate strategy), Rachel Lord (head of international), and Stephen Cohen (chief product officer) [3]. - The leadership lineup experienced changes earlier this year with the unexpected departure of Mark Weidman, who joined PNC Financial as president, and Salim Ramji, who left for Vanguard [4]. Company Growth and Challenges - BlackRock's employee base in New York City has remained stagnant at around 4,000 over the past seven years, excluding acquisitions, amid concerns about housing costs, crime, and education [5]. - Fink highlights a growing sentiment among employees about relocating due to these challenges [5]. Community Engagement - Fink encourages business leaders to "reclaim the glory of New York City" and expresses support for Congressman Richie Torres, who is focused on making a difference in the Bronx [6].

市场分析：市场对美联储降息次数的定价过多 金十数据4月8日讯，贝莱德在一份报告中说，货币市场对美联储多次降息的预期过高，忽视了通胀上升 的风险。它表示："我们倾向于美联储今年降息4至5次，各25个基点的市场定价。"贝莱德预计，随着即 将到来的关税推高通胀，全球的借贷成本将高于疫情前。"我们认为，美国新一波关税的计划和其他国 家的反应强化了这一点，即我们将处于一个利率和长期债券收益率仍高于大流行前的世界。"世界上一 些地区的关税和宽松的财政政策可能会推高通胀。 ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Market Overview - The Dow experienced significant volatility, moving 2500 points within the first hour, ultimately closing down -349 points (-0.91%) [1] - The S&P 500 decreased by -11 points (-0.23%), while the Nasdaq managed a slight gain of +15 points (+0.10%) [1] - The small-cap Russell index fell by -16 points (-0.92%) [1] Tariff Negotiations - Some countries are open to negotiating trade levels with the U.S., but President Trump remains firm on his tariff policies, threatening an additional +50% tariff on China if they do not remove their retaliatory +34% tariff [2] Economic Outlook - Goldman Sachs issued a note titled "Countdown to Recession," predicting a U.S. recession if current tariff policies persist [3] - BlackRock's CEO Larry Fink suggested looking for buying opportunities but warned that the Federal Reserve may not cut interest rates this year, with many believing a recession is already underway [3] Inflation and Bond Yields - Concerns about tariffs leading to higher prices and potential stagflation were raised, with bond yields increasing approximately 20 basis points, bringing the 10-year yield above +4.2% and the 2-year yield around +3.92% [4] Upcoming Economic Data - The NFIB optimism index for March is expected to be released, with the previous month showing a reading of 100.7, although a dip below 100 is anticipated [4] - Q1 earnings season is set to begin, with Delta reporting on Wednesday and major banks like JPMorgan releasing results on Friday [5] - CalMaine Foods, a significant supplier of shell eggs, is scheduled to report earnings after the market closes, currently holding a Zacks Rank 1 (Strong Buy) [5]

BlackRock CEO Larry Fink said that the stock market could see declines deepen by another 20% amid uncertainty over President Donald Trump's tariffs and that CEOs are telling him they think the U.S. economy is likely already in a recession. "Most CEOs I talk to would say we are probably in a recession right now," Fink told the Economic Club of New York on Monday. Tariffs are expected to make a wide variety of products more expensive, exacerbating inflationary pressures that have been persistent in recent mon ...

The CEO of the world's largest asset manager was asked if he thinks a recession is coming. Larry Fink's response: We're in it. Most CEOs Fink has been talking to "would say we are probably in a recession right now," he said in an interview at the Economic Club of New York on Monday."One CEO specifically said the airline industry is a "proverbial bird in a coal mine — canary in the coal mine — and I was told that the canary is sick already," he said, adding that travel demand has declined. Last week, Presi ...

After a turbulent week in which the S&P 500 contracted -9.33% due to the announcement of reciprocal tariffs and China's reaction, which generated a trade war, BlackRock (NYSE: BLK ), the largest public asset manager in the world, is setHey there! My focus here is to provide you with insightful rating analysis on the world's leading financial firms to help you navigate and comprehend the latest investment opportunities while identifying potential pitfalls. My favorite picks are those that are tilted toward b ...

Larry Fink, chief executive officer of BlackRock Inc., speaks during the 2025 National Retirement Summit in Washington, DC, US, on Wednesday, March 12, 2025.BlackRock CEO Larry Fink said Monday that many business leaders believe the United States economy is already in a significant downturn."Most CEOs I talk to would say we are probably in a recession right now," Fink said at an event for the Economic Club of New York."One CEO specifically said the airline industry is a proverbial bird in a coal mine — cana ...

Core Viewpoint - The port deal between Li Ka-shing's CK Hutchison and BlackRock, valued at $22.8 billion, has been delayed due to scrutiny from China's market regulators, highlighting the geopolitical tensions between China and the U.S. [1][3][5] Group 1: Transaction Details - The deal was originally scheduled for completion on April 2, but was halted for regulatory review by China's State Administration for Market Regulation [1][7]. - The transaction involves 43 strategic ports across 23 countries, which are crucial to China's Belt and Road Initiative [5][20]. - The U.S. government views the acquisition as a strategic opportunity to weaken China's global shipping network, with significant ports like Balboa and Cristobal at stake [5][24]. Group 2: Market Impact - Following the announcement of the deal's delay, CK Hutchison's stock experienced its largest single-day drop in three years, falling by 4.4% and losing over HKD 7.8 billion in market value [14][18]. - Morgan Stanley downgraded its earnings forecast for CK Hutchison by 11% for the next two years, further impacting the stock price [14][18]. Group 3: Geopolitical Implications - The deal's implications extend beyond business, affecting global supply chains and international trade dynamics, particularly with China accounting for 42% of the annual throughput at these ports [20][24]. - The strategic value of the ports, especially those at the Panama Canal, has increased due to recent shipping crises, raising concerns about potential U.S. control over shipping costs for Chinese goods [24][30]. Group 4: Regulatory Environment - The transaction has prompted a reevaluation of foreign investment laws in various countries, with nations like Indonesia and Mexico redefining critical infrastructure as "non-transferable national strategic assets" [26][28]. - China has also revised its foreign relations laws to include "development interests" within the scope of national security, indicating a tightening regulatory environment for cross-border mergers and acquisitions [28][30]. Group 5: Future Scenarios - The deal could result in three potential outcomes: forced completion despite Chinese opposition, complete termination with a potential $3.5 billion penalty, or a compromise that retains some strategic ports while diluting U.S. control [33][37]. - The ongoing negotiations and regulatory scrutiny suggest that the final outcome will significantly impact both CK Hutchison and the broader geopolitical landscape [40][42].