The @BlackRock BUIDL fund continues to grow on @solana, with AUM up by ~600% in the past two weeks.The fund is powered by @Securitize (tokenization) and @wormhole (interoperability).Solana 🤝 Wall Street https://t.co/KSG0O2GiCa ...

Core Insights - BlackRock's Q2 2025 adjusted earnings of $12.05 per share exceeded the Zacks Consensus Estimate of $10.66, marking a 16% increase year-over-year [2] - The company's assets under management (AUM) reached a record high of $12.52 trillion, reflecting an 18% year-over-year growth, driven by net inflows and market appreciation [6] - Despite revenue growth, total expenses rose by 23% year-over-year to $3.69 billion, impacting overall profitability [4] Financial Performance - Net income attributable to BlackRock on a GAAP basis was $1.59 billion, a 7% increase from the prior-year quarter [3] - Revenues for the quarter were $5.42 billion, a 13% year-over-year increase, but slightly below the consensus estimate of $5.43 billion [4] - Non-operating income increased significantly to $521 million from $214 million in the prior-year quarter [5] AUM and Inflows - As of June 30, 2025, AUM totaled $12.52 trillion, with long-term net inflows of $46 billion during the reported quarter [6] - The average AUM for the quarter was $11.97 trillion, reflecting a 15% year-over-year increase [6] Share Repurchases and Outlook - BlackRock repurchased shares worth $375 million in the reported quarter and plans to continue this at least at the same level for the remainder of the year [7][10] - The company anticipates a low teens percentage increase in core G&A expenses for 2025, influenced by the HPS acquisition [8] Acquisition Impact - The HPS acquisition is expected to contribute approximately $450 million in revenue, including $225 million in management fees in Q3 2025 [9] - This deal is projected to positively affect BlackRock's overall effective fee rate by 0.6 basis points [9] Market Sentiment - Recent estimates for BlackRock have shown a downward trend, indicating a potential shift in market sentiment [11][13] - The stock currently holds a Zacks Rank 3 (Hold), suggesting an expectation of in-line returns in the near term [13]

Core Viewpoint - Carlyle Group Inc. reported strong second-quarter 2025 results with post-tax distributable earnings per share of 91 cents, matching estimates and showing an increase from 78 cents in the prior year [1][10] Financial Performance - Net income attributable to Carlyle was $319.7 million, significantly up from $148.2 million in the year-ago quarter [2] - Total segmental revenues reached $984 million, a 24.7% increase year over year, surpassing the Zacks Consensus Estimate by 2.8% [3][10] - Total segment fee revenues increased by 15.1% year over year to $676.2 million, driven by higher transaction and portfolio advisory fees [3] - Realized performance revenues surged 66% from the previous year to $259.8 million [3] Expenses and AUM - Total segmental expenses rose 24.1% to $553 million [4] - As of June 30, 2025, total assets under management (AUM) were $465 billion, up 6.9% from the prior year, with fee-earning AUM increasing by 5.9% to $325 billion [5][10] Capital Distribution - In the reported quarter, Carlyle repurchased or withheld 2.3 million shares for $104 million, with $0.6 billion worth of shares remaining under authorization [6] - The company declared a quarterly dividend of 35 cents per share, payable on August 28, 2025 [6] Future Outlook - The rising total AUM and efforts to expand investment platforms are expected to support long-term revenue growth, although increasing expenses present a challenge [7]