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BlackRock (BLK) Gains Wider Model Portfolio Distribution In Advisor Channel
Simply Wall St.23d agoneutral
BlackRock (BLK) Gains Wider Model Portfolio Distribution In Advisor Channel

Orion is adding model portfolios from BlackRock (NYSE: BLK), Fidelity, and Vanguard to its Tailored Allocation Portfolios offering. The move allows advisors on Orion's platform to use BlackRock investment models within personalized, tax-aware portfolio solutions. The partnership broadens distribution for BlackRock's model portfolios in the advisory channel alongside other large asset managers. For readers tracking how large asset managers are tying into the infrastructure behind modern...

Jensen Huang Has Become World’s 8th Richest Person
24/7 Wall St.23d agoneutral
Jensen Huang Has Become World’s 8th Richest Person

Jensen Huang turned a modest chip startup into the backbone of the global AI arms race, and his personal fortune now rivals the biggest names in tech. But three mounting challenges could test whether Nvidia's reign at the top is as unshakeable as it appears.

CLARITY Act Lags as Bitcoin ETFs Slip
Cryptonews24d agoneutral
CLARITY Act Lags as Bitcoin ETFs Slip

U.S. spot Bitcoin ETFs turned negative at the end of last week, ending a nine-day inflow streak that had brought in a total of $2.8 billion. Meanwhile, Robert Mitchnick, BlackRock’s head of digital assets, said the CLARITY Act is less critical for Bitcoin than for the rest of the crypto ...

BlackRock (BLK) Hands Off Jessup Power Plant Control As Data Center Demand Climbs
Simply Wall St.27d agobullish
BlackRock (BLK) Hands Off Jessup Power Plant Control As Data Center Demand Climbs

BlackRock (NYSE:BLK) has agreed to sell a majority stake in the Jessup power plant to Equinor, transferring control of the asset from a BlackRock subsidiary. The deal comes as electricity demand from regional data centers rises and pushes utilities and investors to secure dependable power sources. The transaction highlights BlackRock's current focus on reshaping its infrastructure portfolio around energy assets linked to digital and AI growth. Equinor's entry as the lead owner of Jessup...