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Blackrock Inc. - BLK STOCK NEWS

Welcome to our dedicated news page for Blackrock (Ticker: BLK), a resource for investors and traders seeking the latest updates and insights on Blackrock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Blackrock's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Blackrock's position in the market.

News
BlackRock Agrees to Acquire Global Infrastructure Partners (“GIP”), Creating a World Leading Infrastructure Private Markets Investment Platform
Rhea-AI Summary
BlackRock, Inc. (NYSE: BLK) has entered into an agreement to acquire Global Infrastructure Partners (GIP) for $3 billion in cash and approximately 12 million shares of BlackRock common stock. The acquisition creates a market-leading, multi-asset class infrastructure investing platform with a combined client AUM of over $150 billion. The transaction is structured for leadership continuity and alignment with BlackRock’s stockholders, and GIP’s management team will lead the combined infrastructure platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
acquisition
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News
BlackRock Reports Full Year 2023 Diluted EPS of $36.51, or $37.77 as Adjusted
Rhea-AI Summary
BlackRock, Inc. (NYSE: BLK) announces acquisition of Global Infrastructure Partners, creating a world-leading infrastructure investment platform with over $150 billion in combined infrastructure platform and $10 trillion in AUM. The company reported $289 billion of net inflows in 2023, with $96 billion in the fourth quarter, while delivering flat full-year revenue and a 2% decrease in full-year operating income. BlackRock also returned $4.5 billion to shareholders in 2023, including $1.5 billion of share repurchases, and approved a 2% increase in quarterly cash dividend to $5.10 per share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.88%
Tags
none
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News
BlackRock’s IBIT Debuts on Nasdaq
Rhea-AI Summary
BlackRock's iShares Bitcoin Trust (IBIT) begins trading on Nasdaq, seeking to track the performance of the price of bitcoin with a 0.25% sponsor fee and a one-year waiver reducing the fee to 0.12% on the first $5B assets under management (AUM). This ETF allows investors to incorporate bitcoin in a consistent, convenient, and cost-effective way, alongside other asset classes like stocks and bonds in their brokerage account. The iShares Bitcoin Trust ETF is underpinned by the same institutional grade technology and risk management expertise used for iShares' 1,300 ETFs, exemplifying BlackRock's expertise in ETFs and financial markets innovation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.03%
Tags
none
News
BlackRock’s Bitcoin ETF (IBIT) Clears Final SEC Hurdle
Rhea-AI Summary
BlackRock's iShares Bitcoin Trust (IBIT) registration statement declared effective by SEC, expected to trade on Nasdaq on January 11, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.03%
Tags
none
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News
BlackRock to Report Fourth Quarter 2023 Earnings on January 12th
Rhea-AI Summary
BlackRock, Inc. (NYSE: BLK) will report Q4 2023 earnings on January 12, 2024, before the NYSE opens. The teleconference call for investors and analysts, hosted by Chairman and CEO Laurence D. Fink, President Robert S. Kapito, and CFO Martin S. Small, will be at 7:30 a.m. ET. Earnings release and supplemental materials will be available on the company's website. Teleconference and webcast details are provided for public participation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.32%
Tags
conferences earnings
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News
BlackRock Brings Total Return Strategy to ETF Investors
Rhea-AI Summary
BlackRock (Nasdaq: BRTR) expands its active ETF platform with the launch of the BlackRock Total Return ETF, offering investors access to the firm’s Total Return strategy, managed by Rick Rieder, David Rogal, and Chi Chen. The ETF leverages BlackRock’s $2.6 trillion Fundamental Fixed Income platform, aiming to deliver consistent, attractive returns across all market cycles. The launch reinforces BlackRock’s commitment to delivering liquidity, tax efficiency, and alpha in the convenience of an ETF.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.36%
Tags
none
News
BlackRock’s 2024 Private Markets Outlook Forecasts Continued Growth Across Asset Classes
Rhea-AI Summary
BlackRock released its 2024 Private Markets Outlook, predicting major investment opportunities in infrastructure, private debt, private equity, and real estate. The report highlights the impact of mega forces like low-carbon transition, digital disruption, AI, demographic changes, and geopolitical fragmentation on the private markets. It expects new high-quality opportunities to emerge for investors in 2024, particularly in infrastructure, private debt, private equity, and real estate.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.91%
Tags
none
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News
FREYR Battery Appoints Jessica Wirth Strine to Board of Directors
Rhea-AI Summary
FREYR Battery (FREY) appoints Jessica Wirth Strine, a U.S.-based executive with extensive experience in the capital markets and sustainable governance, to its Board of Directors. Olaug Svarva steps down as independent director. With the re-domiciliation process to the U.S. underway, this transition marks a significant step in FREYR's strategic development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.08%
Tags
management
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News
BlackRock’s Martin S. Small to Present at the 2023 Goldman Sachs US Financial Services Conference on December 5th
Rhea-AI Summary
BlackRock, Inc. (BLK) CFO Martin S. Small to speak at 2023 Goldman Sachs US Financial Services Conference on December 5th, 2023. Live webcast and replay available on company's website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.52%
Tags
conferences
News
BlackRock’s Evergreen Infrastructure Fund Partners with European Institutional Investors to Invest in Energy Transition and Energy Security
Rhea-AI Summary
BlackRock's Evergreen Infrastructure fund secures nearly US$1 billion in client commitments from European founding partners and makes its first investment in a U.S. C&I solar platform. The fund focuses on core infrastructure equity investments in Europe and North America, emphasizing energy transition and security, transportation, digital infrastructure, and the circular economy. Its open-ended structure allows for long-term partnerships and a focus on decarbonization activities. The fund will also track Temperature Alignment Key Performance Indicators to align with a 1.5°C temperature rise scenario.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.85%
Tags
partnership
Stock BLK logo
Blackrock Inc.

NYSE:BLK

BLK Rankings

#107 Ranked by Market Cap
#2492 Ranked by Stock Gains
#1086 Ranked by Dividends

BLK Stock Data

113.56B
139.30M
0.96%
88.23%
1.23%
Investment Banking and Securities Dealing
Finance and Insurance
Link
US
New York

About BLK

BlackRock, Inc. is an American multi-national investment company based in New York City. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the worlds largest asset manager, with US$8.59 trillion in assets under management as of December 31, 2022.