News

BlackRock Shares Tumble After Big Client Redemption Blunts Quarterly Results
An Asian institutional client pulled $52 billion from the asset manager during the second quarter, crimping net client ...
BlackRock’s stock rallies as Wall Street shrugs off a massive client redemption
BlackRock’s stock bounced higher Wednesday as Wall Street brushed off any concerns over a large redemption by a client in ...
BlackRock shares slump even as assets hit record $12.5 trillion on market rally
BlackRock's assets under management hit a new high in the second quarter as global markets rallied, but its shares tumbled as ...
BlackRock, Inc. (BLK) “Had Been The Hottest Coming Into The Quarter,” Says Jim Cramer
We recently published 10 Stocks On Jim Cramer’s Radar As He Says Trump Has Been Good For Growth. BlackRock, Inc. (NYSE:BLK) ...
Why BlackRock Fell Today
Today's sell-off likely has more to do with profit-taking following the stock's near-40% recovery off of April's lows than ...
BlackRock Stock Tumbles After Revenue Misses Estimates
BlackRock said its assets under management reached a record $12.5 trillion in the second quarter, though its revenue missed ...
BlackRock Stock Wipes Out Gains on Heavy Outflow and Acquisition Charges
Despite the headline gains, GAAP operating income fell 4% to $1.73 billion due to acquisition?related charges from its recent ...
BlackRock’s crypto inflows jump 370% in Q2 while net flows slump
BlackRock’s Q2 inflows into crypto funds surged 366% to $14 billion, up from $3 billion in the previous quarter, even as ...
BlackRock’s Assets Surge Past $12 Trillion
Record-high U.S. stock prices and $68 billion of net client inflows boosted the investment firm.