Blackrock

U.S. stock futures fell on Thursday following Wednesday’s relief after a two-day fall. Futures of all four benchmark indices fell in premarket trading. President Donald Trump’s administration postponed implementation of auto tariffs by one month on Wednesday after the tariffs on Canada...

U.S. stock futures rose on Thursday following yet another mixed close on Wednesday. Futures all four benchmark indices advanced in premarket trading. Nvidia Corp. (NASDAQ:NVDA) beat earnings expectations and Jensen Huang said that the chipmaker was successfully ramping up the massive-scale...

Big billion-dollar funds increased their stakes in GameStop Corp. (NYSE:GME) during the fourth quarter of 2024, following a third quarter in which it held $4.616 billion in cash and cash equivalents. This comes as recent reports suggest the video game retailer is planning to buy Bitcoin (CRYPTO:...

The SPDR S&P 500 ETF Trust (NYSE:SPY) is the world's largest and arguably the most popular exchange-traded fund, with a whopping $630 billion in assets under management. What happened: Launched in Jan. 1993, the SPY was also the first ETF to list on U.S.-based exchanges. It tracks the...

U.S. stock futures declined on Wednesday after Tuesday’s advances amid trade war concerns and major earnings reports. Three benchmark indices were trading lower, whereas the gauge tracking small-cap stocks, Russell 2000 rose marginally. Walt Disney Co. (NYSE:DIS), Qualcomm Inc. (NASDAQ:QCOM...

BlackRock (NYSE:BLK), the world’s largest asset management organization, is noted for having a diverse investment portfolio, leveraging trillions of dollars at its disposal to bag shares in companies worldwide. The company has made several successful bets over the years.   In one of the prime...

U.S. stock futures were mixed on Thursday following Wednesday's rally. Futures of benchmark indices were lower except Dow Jones, which was marginally higher in premarket trade. After being propelled to the brink of a record closing high on Wednesday the S&P 500 index was poised to open lower...

BlackRock CEO Larry Fink touted Bitcoin (CRYPTO: BTC) as a tool for overcoming economic and political uncertainties on Wednesday, projecting it to rise to as much as $700,000 if the world catches up with this narrative. What Happened: During an interview with Bloomberg on the sidelines of the World...

U.S. stock futures advanced on Tuesday following Monday’s mixed close. Futures of all four major indices rose in premarket trade. Technology stocks dragged the Nasdaq down on Monday, whereas Dow Jones which has the least number of tech constituents rose in trade. Members of President-elect...

The world’s largest asset manager, BlackRock, kicked up a storm last month after supposedly disputing Bitcoin's (CRYPTO: BTC) supply cap in one of its explainer videos. However, the thesis, which underpins Bitcoin’s deflationary characteristics and its safe haven narrative, was...

Microsoft Corp. (NASDAQ:MSFT) might have rejected the proposal to assess Bitcoin (CRYPTO: BTC) investment, but its second-largest shareholder, BlackRock, is second to none in terms of optimism for the apex cryptocurrency. What happened: Microsoft, worth more than $3 trillion, voted down a proposal...

The iShares Bitcoin Trust ETF (NASDAQ:IBIT) by BlackRock Inc. (NYSE:BLK), which debuted earlier this year, has become the most successful exchange-traded fund launch in history, a report said Monday. What Happened: The investment vehicle, which tracks the spot price of the world...

Israel’s securities regulator granted approval for six investment houses to launch hedge funds tracking Bitcoin’s (CRYPTO: BTC) price on New Year’s Eve, local media reported Wednesday. What Happened: The funds are all set to launch on Dec. 31, the last trading day of the...

The year of milestones, 2024, has seen an unperturbed rise in the current bull market, which is nearly 26 months old. It is higher by more than 70% from the mid-October 2022 lows. As we wrap up the year with the possibility of a ‘Santa Rally,’ let’s recap 2024’s landmark...

Leading Bloomberg analyst Eric Balchunas said Monday that Blackrock’s iShares Bitcoin Trust ETF (NASDAQ:IBIT) could surpass SPDR S&P 500 ETF Trust (NYSE:SPY) to become the world’s top exchange-traded fund, but the process could take a long time. What Happened: Balchunas, who...