US09247X1019 - Common Stock - Premarket: 767.5 +4.87 (+0.64%)
China's answer to Google is reportedly working on a ChatGPT-like AI tool. And Baidu already has a successful autonomous ride-hailing business.
The Royal Mail Pension Plan is handing BlackRock Inc. an £8.8 billion ($10.9 billion) mandate to be its outsourced chief investment officer.
Stocks surged in the wake of the Federal Reserve's latest interest rate announcement, with the Nasdaq ending Wednesday's session higher by 2%
Peloton has reported its earnings with revenue coming in at $792.7 million, beating the average analyst estimate for $710 million.
While Silvergate Capital has fallen double digits in 2023, the stock could be a buy—if the bank is able to pull off its turnaround.
BlackRock's Rick Rieder said the 60/40 stock/bond portfolio should be flipped to 40/60 this year and that international stocks should outperform U.S. equities.
Baidu (BIDU) shares rose nearly 8% in premarket trading on Wednesday as asset manager Blackrock (BLK) disclosed that it had increased its stake in the Chinese tech company.
Americanas, backed by the billionaire trio that founded investment firm 3G Capital, entered bankruptcy protection this month after disclosing "inconsistencies" in its accounting, leading top investors such as BlackRock and Capital Group to scale back their positions in the firm. It added it has been in talks with reference shareholders - Brazilian billionaires Jorge Paulo Lemann, Marcel Telles and Carlos Alberto Sicupira, the founders of 3G Capital - about the possibility of them subscribing up to the totality of the financing minimum amount.
Silvergate Capital jumped on Tuesday afternoon after BlackRock reported a 7% stake in the crypto bank.
Silvergate Capital (SI) stock gapped up as much as 10.8% to new session highs in Tuesday afternoon trading after disclosing asset manager BlackRock's (BLK) 7.2% stake in...
Energy stocks and ETFs had a blockbuster 2022 performance, but can that trend continue into 2023? Learn more.
An advocacy group focused on the impact of debt markets on climate change called on Monday for major bond investors to shun India's Adani Group, saying a critical report by a short-seller had undermined confidence in the company's governance. U.S. firm Hindenburg Research prompted a multi-billion-dollar sell-off in the Indian group's stocks last week by launching accusations of improper use of offshore tax havens and high debt. Billionaire chairman Gautam Adani, one of the world's richest people, dismissed these as baseless.
SOFI stock opened in the green after the company reported its fourth-quarter earnings, posting record revenue of $457 million.
BlackRock's Ben Powell told Bloomberg markets were too confident that interest rates would come down faster than planned, making stocks overvalued.
States are supposed to act in the best interests of citizens and retirees. Divesting from E.S.G. funds and companies like BlackRock that run them may create legal jeopardy.
State Street’s SPDR S&P 500 fund changed investing forever, ushering in the era of indexing and instant access to funds.
Plus, Motley Fool personal finance expert Robert Brokamp answers your questions.
All eyes are on LCID stock following speculation that Saudi Arabia's Public Investment Fund may acquire the remainder of the company.
QS stock is having a fantastic year, despite the lack of a commercial product. Here are the shareholders betting big on the company.
The company capitalized on strong market conditions last year.
BofA again plans to give restricted stock rewards to most of its workers, reflecting the balance big financial firms are trying to strike between restraining costs and retaining talent.
TSLA stock is rising following the release of its fourth-quarter earnings report. CEO Elon Musk remains the largest shareholder of Tesla.
Florida Governor Ron DeSantis is crusading against ESG investing and “woke capitalism,” with state officials pledging to purge such thinking from its pension funds and targeting BlackRock Inc. because of its support for the idea.
Beleaguered cryptocurrency exchange FTX (FTT-USD) owes money to a barrage of high-profile companies, including technology behemoths Apple (AAPL) and Netflix (NFLX) and crypto...
Understand focused approach and business strategies that competitors are keeping to reach target audience, Get one step closer to leaders and high growth emerging players of Insurance Assets Management Market.
Managing other people's money has historically been a lucrative business.
TORONTO, Jan. 25, 2023 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of...
TORONTO, 25 janv. 2023 (GLOBE NEWSWIRE) -- Gestion d’actifs BlackRock Canada Limitée (« BlackRock Canada »), filiale en propriété exclusive indirecte de...
TORONTO, Jan. 25, 2023 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of...
BlackRock (NYSE:BLK) declares $5.00/share quarterly dividend, 2.4% increase from prior dividend of $4.88.Forward yield 2.67%Payable March 23; for shareholders of record March 7; ex-div...
ARVL stock could actually head toward zero as Arrival provides big talk about a U.S. venture but continues to dig a deep financial hole.
Some of Wall Street’s biggest names are throwing cold water on expectations that the U.S. economy will escape a recession in 2023, as hopes of a so-called Goldilocks scenario of easing inflation and resilient growth propels stocks higher. Banks and asset managers that have reiterated recession calls include BlackRock, Wells Fargo and Neuberger Berman, with many warning the Federal Reserve is unlikely to force inflation lower without hurting economic growth. The odds are “too high on Goldilocks; there’s still no easy way out,” analysts at BoFA Global Research wrote on Tuesday.
A strategist at ETF giant iShares said this market rally looks like a false move from last July.
Brazilian retailer Americanas SA reported on Wednesday a list of 7,720 creditors with debt totaling 41.2 billion reais ($8.02 billion) within its restructuring process, a Rio de Janeiro court said. Americanas, backed by the billionaire trio that founded 3G Capital, entered bankruptcy protection last week after disclosing "inconsistencies" in its accounting. The court did not disclose a detailed list of the retailer's creditors, but analysts had previously said lender such as BTG Pactual, Bradesco and Santander Brasil were among the most exposed.
Troubled bitcoin (BTC-USD) miner Core Scientific (CORZQ) raised about $500M from its convertible notes that were purchased by high-profile asset managers BlackRock (BLK) and Apollo...