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BlackRock stock has delivered a strong 82.4% return over the past three years, yet the latest checks suggest it now trades closer to fair value on intrinsic value estimates, while earnings multiples lean expensive. Over the last three years BlackRock has returned 82.4%, which sets a high base for any further gains to justify. Growing involvement in areas like crypto ETFs and data center related assets can support long term fee and asset growth. At the same time, exposure to shifting risk...

A Norwegian energy company plans to spend nearly $1 billion acquiring a significant stake in the Lackawanna Energy Center in Jessup from a BlackRock subsidiary. In a press release referencing growing electricity demands from data centers, Equinor ASA announced it has agreed to spend $940 million on shares in the 1,485-megawatt natural gas power plant on Sunnyside Road in Jessup. Chicago-based ...

More than a few companies include “shares” in ETF product titles, and Northern Trust is among a few that have changed course.

Over the weekend, Space Exploration Technologies Corp CEO Elon Musk reacted to Atreides Management CIO Gavin Baker’s prediction that rapidly rising AI usage will make compute spending increasingly critical. Atreides AI Spending Set to Jump 100x In a post on...

U.S. aims to defeat Iran with more sanctions, how auto makers lose from new tariffs, ETF closures have nearly doubled this year, and more news to start your day.

CRE transactions reached their highest level since 2005, with BlackRock's acquisition of Aligned Data Centers driving activity.

Call-option volume on BlackRock’s iShares Bitcoin Trust (IBIT) hit a record 1.58 million contracts, according to Goldman Sachs data shared by The Kobeissi Letter. IBIT ...

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. (Bloomberg) -- Bitcoin was once conceived as a way to escape the financial system. Wall Street is making it cheaper and easier for investors to swap large crypto holdings for shares in exchange-traded funds, allowing them to retain exposure to Bitcoin while moving their wealth from private wallets and crypto platforms into the machinery of mainstream finance.

Franklin's digital asset expansion, including its Franklin Crypto launch and Benji platform, could unlock growth avenues.

BLK may sell TCPC's remaining $671M loan portfolio to reduce legacy credit risk while sharpening its broader private-credit strategy.

In the latest Bitcoin ETF News, BlackRock’s iShares Bitcoin Trust (IBIT) recorded $208.9 million in net inflows on August 24, while total net inflows across tracked US spot Bitcoin ETFs were $337.6 million, according to Farside Investors. Dividing IBIT’s $208.9 million by the $337.6 million category total produces a share ...

U.S. aims to defeat Iran with more sanctions, how auto makers lose from new tariffs, ETF closures have nearly doubled this year, and more news to start your day.

BlackRock has trailed the broader market over the past year, but Wall Street remains strongly optimistic about the stock’s growth potential.

BlackRock's IBIT led a $209 million Bitcoin ETF inflow on Aug. 24, as ETHA added $90.92 million to Ethereum funds.

BlackRock (NYSE: BLK) is exploring the sale of TCP Capital's US$671 million private credit loan portfolio as part of a reshaping of the asset vehicle. The potential divestiture marks a further step in BlackRock's adjustments within private credit under current market conditions. This move could affect how BlackRock structures future private credit vehicles and how TCP Capital stakeholders view the portfolio. For investors watching how major asset managers reposition around credit and...

BlackRock is exploring a potential sale of its loan portfolio owned by TCP Capital Corp. (NASDAQ: TCPC) in another step towards reshaping the private credit vehicle after a difficult stretch. The asset manager has brought in Keefe, Bruyette & Woods...

Financial stocks were higher in late Monday afternoon trading, with the NYSE Financial Index rising

(Update with BlackRock's response to a request for comment in the last paragraph.) BlackRock (BLK

Working just six extra months can boost your retirement savings by tens of thousands of dollars. Here is the math behind delaying retirement.

BlackRock just launched a Bitcoin fund that writes covered calls to generate monthly income, and its debut distribution caught a lot of IBIT holders off guard. Before you dismiss it or rush into it, there are some tradeoffs that could change the math entirely.

SharpLink is getting deeper into the institutional spotlight. Institutional ownership of the Ethereum treasury company has climbed to around 60%, according to the company, with major names including Fidelity, BlackRock, Morgan Stanley, Vanguard, State Street, Invesco and Highbridge Capital Management among its institutional holders. The increase comes as SharpLink continues to build its Ethereum treasury

Fund providers have shut down 217 exchange-traded funds so far this year, nearly double the number at this point last year, even as the industry churns out new funds at a record pace. The closures are in part a consequence of the explosive growth of the ETF industry, with asset managers launching funds that sometimes fail to attract enough assets or otherwise gain traction. Investors have flocked to ETFs in recent years because of their low costs, the ability to trade them easily like stocks, and the proliferation of funds offering exposure to everything from memory chips to the burgeoning space economy.

Fed Chair Kevin Warsh will deliver his first Jackson Hole address on Friday, Aug. 28. Crypto Rover believes dovish comments could propel Bitcoin above $80,000, ...

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Bitcoin's 40% decline in price is nothing to worry about, as long as you focus on the long term.

Fund providers have shut down 217 exchange-traded funds so far this year, nearly double the number at this point last year, even as the industry churns out new funds at a record pace. The closures are in part a consequence of the explosive growth of the ETF industry, with asset managers launching funds that sometimes fail to attract enough assets or otherwise gain traction. Investors have flocked to ETFs in recent years because of their low costs, the ability to trade them easily like stocks, and the proliferation of funds offering exposure to everything from memory chips to the burgeoning space economy.

Vanguard offers three dividend ETFs—VIG, VYM, and VYMI—with distinct yields, holdings, and geographic focus, giving income investors varied ways to access dividend-paying stocks.