BlackRock (BLK) has been receiving positive commentary from investment stalwart Jim Cramer, indicating potential upside and value play in the investment. New investments are being made by key investment firms including Three Seasons Wealth and MGO One Seven as well as Capital International Investors. BlackRock's assets were reported to hit a record, alongside leadership restructuring in Canada and a possible partnership with tech giants on AI infrastructure. Despite long-term outflows in Asia, the firm is broadening its blockchain endeavours by adding Anchorage Digital as a crypto custodian. Reports show both share purchases and sales by various entities. BlackRock's Q1 earnings demonstrated revenue growth while EPS declined. The firm's CEO Larry Fink expressed market uncertainty and suggested we may already be in a recession. Fink also reported purchasing 'undervalued' UK assets. BlackRock is reportedly incorporating private investments into individual portfolios, and was deemed an attractive long-term investment. Future outlook remains uncertain due to tariff instability and CEO's recession confirmation.
Blackrock BLK News Analytics from Thu, 13 Feb 2025 08:00:00 GMT to Sat, 26 Apr 2025 18:51:00 GMT -
Rating 7
- Innovation 3
- Information 8
- Rumor 1
