The Latest Breaking News from BlackRock

Why BlackRock, Nvidia, and Temasek are betting billions on quantum computing

Geopolitical competition and meaningful exits are convincing Wall Street the technology may finally be nearing its moment.

Fortune · Jun 29

Earnings Preview: What To Expect From BlackRock’s Report

BlackRock is slated to announce its second-quarter results soon, and analysts expect its bottom line to grow at a single-digit pace.

Barchart · Jun 29

JioBlackRock Mutual Fund launches Prism Hybrid Long-Short Fund, its first SIF

JioBlackRock has launched its Prism Hybrid Long-Short Fund, an innovative interval investment strategy allowing twice-weekly redemptions. This fund aims to generate capital appreciation and income by blending equity, debt, derivatives, and alternative investments. Designed for dynamic markets, it seeks to deliver better risk-adjusted returns with lower volatility, leveraging BlackRock's global…

The Economic Times · Jun 29

SpaceX Stock Starts Trading Today. BlackRock Already Gobbled Up $5 Billion in SPCX Shares.

SpaceX starts trading today, and demand for the stock has eclipsed the shares available. Meanwhile, BlackRock’s reported $5 billion order underscores investor excitement.

Barchart · Jun 12

BlackRock says oil, FX risks loom over India's bond inflow push

Indian debt is piquing the interest of foreign investors thanks to new government initiatives. Nonetheless, investment giant BlackRock remains cautious, keeping its exposure steady. Challenges like steep currency hedging expenses and volatile oil prices cast a shadow on the prospects. For foreign capital to make a significant leap into rupee-denominated…

The Economic Times · Jun 12

BlackRock Built a Bitcoin ETF That Cuts You a Monthly Check

The structure is a covered call wrapped around BTC. BITA holds spot Bitcoin, shares of BlackRock's $47 billion IBIT, and cash, and each month it sells call options against those IBIT shares to collect premiums.

International Business Times · Jun 11

BlackRock seeks to buy at least $5 billion in SpaceX IPO shares: Report

Asset manager BlackRock sought to ​buy at ​least $5 billion worth of shares ​in the initial public offering of Elon Musk's SpaceX , the Wall Street Journal reported on ‌Thursday, ⁠citing people ⁠familiar with the matter.

The Economic Times · Jun 11

Jio BlackRock prepares ETF debut by August after building $2 billion India fund base

Jio BlackRock is set to launch its first Indian ETFs by August, aiming to mirror BlackRock's global success in passive investing. The joint venture, already managing $1.9 billion in assets, plans to initially focus on equity strategies. This move seeks to tap into India's growing, albeit nascent, ETF market, with…

The Economic Times · Jun 9

BlackRock Summit Bombshell: Sam Altman Predicts AI Joins Electricity, Water, and Internet as a Paid Utility

OpenAI CEO Sam Altman envisions AI as a utility, predicting users will pay per unit of intelligence. This shift requires massive infrastructure investment, aiming to democratise AI access globally

International Business Times UK · Jun 9

The Best Ultra-Short Bond ETFs to Boost Your Cash Reserves

Ultra-short bond ETFs may lack the comparative safety of money market funds, but they remain low risk and can excel when it comes to liquidity and fees.

Kiplinger · Jun 5