BLK240712C855000
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Blackrock Newsroom
What to Expect in the Week Ahead (GS, JNJ, TSM, and NFLX Earnings; Retail Sales and Housing Starts)
Earnings in the week ahead could be the next catalyst for a broadening market
Unsatisfied with the 25 basis points, traders are starting to bet that the Federal Reserve will make a big move to cut interest rates by 50 basis points in September.
Bond traders are increasing their bets on the Fed cutting interest rates by 50 basis points in September rather than the more standard 25. This is fully reflected in the Federal Fund Futures market. Weak inflation data released on Thursday triggered a bidding frenzy in October, a trend that continued on Friday. Contracts that expire on October 31 have fully priced in the expectation that policymakers will cut interest rates by 25 basis points at the September 18 meeting. Bids at higher price levels indicate that more people expect the Fed to kick off its first easing cycle in years with a 'big deal'. "The Fed is in good".
Financial Stocks Deliver Profits in Q2 Amid Rebound in Investments - Earnings Scorecard
Private Market Activity Picks Up In 2024, But Growth Lags Behind S&P 500, Nasdaq Composite
The interest in AI that led the stock market rally over the first half of the year was replicated in private market transactions.Actively-traded companies within the private market are showing an
Time Is Running Out for Boomers Behind in Their Retirement Savings - but Here's What You Can Still Do
By Jessica Hall Don't give up just yet, advisers say: "The next few years are so crucial to get right" While some baby boomers are already retired, many of those who are still working face
Bitcoin ETF saw the largest weekly inflow since May with a net inflow of $0.882 billion.
After the price of the world's largest cryptocurrency fell to its lowest level since February a week ago, bargain buyers returned in large numbers, and Bitcoin exchange-traded funds (ETFs) saw their largest inflows in over a month. According to JPMorgan's data, as of July 11, net inflows into Bitcoin spot ETFs were $0.882 billion, averaging $0.175 billion per day. This is the largest inflow since the period ending May 23. BlackRock and Fidelity's Bitcoin funds led the way with inflows of $0.403 billion and $361 million, respectively. Meanwhile, Grayscale's ETF continued to lose funds.
Express News | BlackRock® Canada Announces Canada Unit Splits for Certain Ishares ETFs
TD Cowen Adjusts BlackRock's Price Target to $966 From $969, Maintains Buy Rating
BlackRock (BLK) has an average rating of outperform and price targets ranging from $756 to $1,072, according to analysts polled by Capital IQ.Price: 832.18, Change: +7.30, Percent Change: +0.89
BlackRock Q2 2024 Earnings Preview
Bitcoin Spot ETFs Take In $79M On Thursday: Why Are They Suddenly On A Roll?
Bitcoin (CRYPTO: BTC) spot exchange-traded funds (ETFs) experienced net inflows of nearly $79 million on Thursday, extending their positive streak to five consecutive days.What Happened: According
Top Wall Street Forecasters Revamp BlackRock Expectations Ahead Of Q2 Earnings
BlackRock, Inc. (NYSE:BLK) will release its second quarter financial results, before the opening bell on Monday, July 15.Analysts expect the San Francisco, California-based company to report
BlackRock Equity Fund Seeks to Cash in on Growing Risk Appetite Ahead of Rate Cuts
Express News | Global Infrastructure Partners, Stonepeak Among Bidders for Singapore Power's 40% Stake in Australia's Jemena, Sources Say
Deals of the Day-Mergers and Acquisitions
Sector Update: Financial Stocks Gain Thursday Afternoon
Financial stocks were advancing in Thursday afternoon trading with the NYSE Financial Index rising 0.9% and the Financial Select Sector SPDR Fund (XLF) up 0.6%.The Philadelphia Housing Index jumped 5.
Financial Tech Firm Envestnet To Go Private In $4.5B Bain Capital Deal
Envestnet, Inc. (NYSE:ENV), a provider of integrated technology, intelligent data, and wealth solutions, announced a definitive agreement to be acquired by Bain Capital in a deal valuing the company
Big Banks Q2 Earnings Expected to Show Rebounding IB, Soft Loan Growth
Express News | Morgan Stanley Maintains Overweight on BlackRock, Lowers Price Target to $1013
BlackRock's Q2 EPS to Be Largely In-Line With Consensus, Morgan Stanley Says
BlackRock (BLK) is expected to report Q2 EPS that is largely in-line with the consensus of $10.01, Morgan Stanley said Thursday in a note to clients.Morgan Stanley said it lowered its Q2 EPS
Envestnet to Be Acquired by Bain Capital for $4.5 Billion
Envestnet (ENV) said Thursday it has entered into a definitive agreement to be acquired by Bain Capital in a deal valuing it at $4.5 billion.Under the terms of the agreement, which was approved