BlackRock's decision follows investments of more than $25 billion last year in acquisitions aimed at broadening its expertise in private-market assets and data. The cuts are part of BlackRock's efforts to realign its resources with its growth strategy. The company expects to accelerate strategic investments in acquisitions in 2025 and build a dynamic organization to serve clients in the long run. BlackRock Inc. (BLK) intends to trim its workforce by roughly 1% as part of a strategic restructuring. This was ...

Wall Street analysts expect BlackRock Finance (BLK) to post quarterly earnings of $11.49 per share in its upcoming report, which indicates a year-over-year increase of 18.9%. Revenues are expected to be $5.6 billion, up 20.9% from the year-ago quarter. Over the last 30 days, there has been an upward revision of 0.9% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this t ...

BlackRock Finance (BLK) closed the most recent trading day at $986.10, moving +0.54% from the previous trading session. The stock's change was more than the S&P 500's daily gain of 0.16%. Meanwhile, the Dow experienced a rise of 0.25%, and the technology-dominated Nasdaq saw a decrease of 0.06%.The the stock of investment firm has fallen by 7.22% in the past month, lagging the Finance sector's loss of 4.35% and the S&P 500's loss of 2.8%.The investment community will be closely monitoring the performance of ...

BofA Securities analyst Craig Siegenthaler forecasts the major earnings beats for brokers this earnings season, steered by accelerating retail engagement.Siegenthaler also sees broad-based beats for traditional firms, supported by strong markets, foreign exchange, and higher management fees and non-operating income.Here are a few of the most considerable companies, along with the analyst’s insights on them:Virtu Financial, Inc. VIRT: The analyst reiterated a Buy rating on the stock, lowering the price forec ...

BlackRock Finance (BLK) is expected to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended December 2024. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on January 15, 2025, might help the stock move higher if these key numbers are bette ...

BlackRock, Inc. BLK will release earnings results for its fourth quarter, before the opening bell on Wednesday, Jan. 15, 2025.Analysts expect the company to report quarterly earnings at $11.38 per share, up from $9.66 per share in the year-ago period. BlackRock projects to report revenue of $5.63 billion for the recent quarter, compared to $4.63 billion a year earlier, according to data from Benzinga Pro.On Dec. 3, the company disclosed a definitive agreement to acquire HPS Investment Partners for around $1 ...

BlackRock is the world's largest asset manager, with $11.5 trillion in client money under its supervision. Around $3.3 trillion of that is sitting in exchange-traded funds (ETFs) that are operated by the company's iShares subsidiary. Investors can passively own hundreds or even thousands of stocks by purchasing just a handful of different ETFs. They can be especially useful when investors want exposure to a new industry like artificial intelligence (AI) because it's challenging to determine which individual ...

BlackRock’s (BLK) shares are in the spotlight as the company continues expanding its presence in the lucrative private markets through acquisitions. In 2024, BLK stock soared 26.3%. In the same timeframe, the Zacks Investment Management industry and the S&P 500 Index rallied 33.8% and 24.4%, respectively.2024 Price Performance Image Source: Zacks Investment Research2 Major Factors Influencing BlackRock StockAcquisitions Driving BlackRock’s Private Markets Push: BlackRock was on a buyout spree last year. In ...

BlackRock TCP Capital Corp. (NASDAQ: TCPC ) in its current form originated from the merger between BlackRock TCP Capital and BlackRock Capital Investment in the first quarter of FY 2024. The BDC, unfortunately, has seen a significant increase in its non-accrual percentage, which roseI look for high-risk, high-reward situations, mainly in the technology markets. I am an early buyer of Bitcoin and my portfolio mainly focused on companies with asymmetric long-term upside. My top holdings include: Bitcoin, Tesl ...

For me, my dividend growth investing strategy is simple. I aim to own the most dominant players in massive and growing industries. This is because industry dominance is usually reflective of companiesHi, my name is Kody. Aside from my articles here on Seeking Alpha, I am also a regular contributor to TipRanks, Sure Dividend, and The Dividend Kings and iREIT+Hoya Capital. I have been investing since September 2017 and interested in dividend investing since about 2009.Since July 2018, I have ran Kody's Divide ...