BlackRock Inc. (NYSE:BLK) continues to impress investors with its record-breaking assets under management (AUM) of nearly $10.5 trillion, supported by successful earnings results and strategic growth activities. Its presence in Saudi Arabia is set to boost with a $5 billion capital from PIF. However, challenges remain as its CEO's compensation might cool off and the probability of shareholders approving a hefty increase seems less. BlackRock has also expanded its offerings with the acquisition of SpiderRock. It is also making a significant push into the crypto market, planning to launch a tokenized fund with Securitize.
Blackrock BLK News Analytics from Fri, 13 Oct 2023 07:00:00 GMT to Thu, 09 May 2024 05:52:40 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 1
