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BlackRock Stock Rises
BlackRock Stock Rises as Firm Sets Record for Assets Under Management
BlackRock ( BLK) shares rose 4% Wednesday morning as the asset manager posted better-than-expected quarterly results on record assets under management (AUM).
BlackRock’s Assets Rise 15% to Record $11.55 Trillion
BlackRock said in its fourth-quarter earnings report Wednesday that assets under management jumped to a record $11.55 trillion, up from $10 trillion a year ago. Analysts surveyed by FactSet had expected BlackRock to report a record $11.
BlackRock assets hit record $11.6 trillion in fourth quarter
BlackRock posted a 21% fourth quarter jump in profit after buoyant equity markets increased income from fees and drove its assets to a record high of $11.6 trillion, the world's largest money manager said on Wednesday.
BlackRock assets reach record $11.6 trillion in Q4. Stock rises.
BlackRock (BLK) shares gain after the asset manager released fourth quarter results, showing profit increased 21% from 2023 while assets under management hit a record high of $11.55 trillion. Morning Brief Co-Hosts Seana Smith and Brad Smith break down what investors need to know about BlackRock's earnings report.
BlackRock’s Assets Expected to Hit Fresh Record
Rising stock prices tend to bode well for BlackRock, the world’s largest money manager, as inflows boost the hundreds of funds it offers. The past quarter was likely no exception. Analysts tracked by FactSet expect the New York-based firm to report a record $11.
BlackRock’s Profit Jumps 21%. The Stock Is Rising.
BlackRock reported fourth-quarter earnings per share of $10.63. The world’s largest asset manager reported net income of $1.67 billion, up 21% from a year earlier. BlackRock’s stock rose 3% in premarket trading on Wednesday.
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BlackRock Earnings: Profit Increases; Assets Set Record
BlackRock’s profits rose and assets under management edged up to a record $11.55 trillion in the fourth quarter. BlackRock ...
1d
BlackRock Q4 Beats Forecasts; Record AUM
With impressive growth in assets under management (AUM), which reached a record $11.6 trillion, BlackRock ended the quarter ...
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BlackRock expected to post booming earnings — as Larry Fink’s firm shifts from woke investing of past
Red State treasurers still look at BlackRock’s CEO Larry Fink with skepticism, but these days less so, and they’ve largely ...
1d
BlackRock's Strong ETF Flows Propel AUM to $11.55 Trillion in 2024
ETF inflows powered the asset manager's full-year earnings results to the tune of $641 billion; meanwhile, a potential ...
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5h
Buy Goldman Sachs or BlackRock Stock After Strong Q4 Earnings?
Exceeding their Q4 top and bottom-line expectations on Wednesday, let's see if it's time to buy stock in these renowned ...
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on MSN
Mark Wiedman, a top BlackRock exec thought to be Fink's successor, is leaving the company
Wiedman, head of the global client business, was instrumental in driving BlackRock's growth in passive investing.
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on MSN
BlackRock assets hit record $11.6 trillion in fourth quarter of 2024
BlackRock's assets hit a record high $11.6 trillion in the fourth quarter of last year as the world's largest money manager ...
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BlackRock goes big on private markets as its alts AUM hits $377bn
BlackRock's aggressive push into private credit and infrastructure is paying off, as the asset management giant saw $281 ...
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