BlackRock (BLK) faces mixed news in the global market, with insider selling seemingly accompanied by substantial purchases from various financial giants. A director sells 17,142 stocks of BlackRock, while multiple firms, including US Bancorp DE, Foundations Investment Advisors LLC, and Natixis Advisors LLC, expand their positions. Among notable transactions, Jim Cramer controversially asserts that BlackRock, despite a revenue miss and stock tumble, stands to benefit significantly from the rise of stablecoins. High anticipation surrounds the imminent BlackRock Q2 earnings report as Wall Street predicts growth. Additionally, BlackRock's potential disruptive effort gets hinted as it reportedly tweaks the S&P 500 formula with new ETFs, amidst the series of its ETH-buying sprees. The company's shares slump despite record quarterly assets of $12.5 trillion due to client redemptions. Positive shifts include BlackRock's Q2 earning that tops on AUM growth and higher revenue, despite a brief stumble in stock price. Lastly, BlackRock's AUM hits a record $12.53 trillion as Q2 exudes robust signs, while ETHA ETF potentially stimulates industry-wide adoption.
Blackrock BLK News Analytics from Fri, 04 Jul 2025 07:00:00 GMT to Sat, 02 Aug 2025 22:21:48 GMT -
Rating 2
- Innovation 5
- Information 8
- Rumor -2
