Cramer's Trust Buys More BlackRock Despite 5% Stock Drop
Jim Cramer's Charitable Trust bought 10 more shares of BlackRock (BLK) on Monday, despite a 5%+ decline in the stock price due to competitive fee reductions by Vanguard and broader trade war uncertainty. The purchase increased the trust's BLK holdings to 110 shares, representing roughly 3.05% of its...
Cramer's Trust Buys More BlackRock Despite 5% Stock Drop
Jim Cramer's Charitable Trust bought 10 more shares of BlackRock (BLK) on Monday, despite a 5%+ decline in the stock price due to competitive fee reductions by Vanguard and broader trade war uncertainty. The purchase increased the trust's BLK holdings to 110 shares, representing roughly 3.05% of its...
Progress
40% Bias Score
Dutch Pension Fund Considers โฌ5 Billion Divestment from BlackRock Over Climate Concerns
Dutch pension fund PME is considering withdrawing approximately โฌ5 billion from BlackRock due to concerns about the firm's reduced commitment to climate-focused investing, prompting a letter seeking clarification and potentially shifting investments to another firm.
Dutch Pension Fund Considers โฌ5 Billion Divestment from BlackRock Over Climate Concerns
Dutch pension fund PME is considering withdrawing approximately โฌ5 billion from BlackRock due to concerns about the firm's reduced commitment to climate-focused investing, prompting a letter seeking clarification and potentially shifting investments to another firm.
Progress
44% Bias Score
BlackRock Q4 Earnings Beat Expectations, Driving Stock Surge
BlackRock's Q4 2024 earnings exceeded expectations, with $5.68 billion in revenue and $11.93 adjusted EPS, driven by record $281 billion net inflows and strategic acquisitions in alternative investments; this fueled a stock price increase and positive market outlook.
BlackRock Q4 Earnings Beat Expectations, Driving Stock Surge
BlackRock's Q4 2024 earnings exceeded expectations, with $5.68 billion in revenue and $11.93 adjusted EPS, driven by record $281 billion net inflows and strategic acquisitions in alternative investments; this fueled a stock price increase and positive market outlook.
Progress
60% Bias Score
BlackRock Withdraws from Climate Initiative Amid Political and Economic Pressures
BlackRock, the world's largest asset manager, withdrew from the Net Zero Asset Managers initiative, a decision attributed to pressure from conservative investors, anticipation of a Trump presidency, and underperformance of sustainable investments, potentially slowing the energy transition.
BlackRock Withdraws from Climate Initiative Amid Political and Economic Pressures
BlackRock, the world's largest asset manager, withdrew from the Net Zero Asset Managers initiative, a decision attributed to pressure from conservative investors, anticipation of a Trump presidency, and underperformance of sustainable investments, potentially slowing the energy transition.
Progress
44% Bias Score
Bitcoin ETF Success Signals Mainstream Crypto Acceptance
In 2024, the launch of BlackRock's iShares Bitcoin Trust, accumulating over $50 billion in assets under management in 11 months, coincided with a sharp decline in negative Bitcoin predictions and a shift in political acceptance, exemplified by Donald Trump's embrace of crypto and the discussion of a...
Bitcoin ETF Success Signals Mainstream Crypto Acceptance
In 2024, the launch of BlackRock's iShares Bitcoin Trust, accumulating over $50 billion in assets under management in 11 months, coincided with a sharp decline in negative Bitcoin predictions and a shift in political acceptance, exemplified by Donald Trump's embrace of crypto and the discussion of a...
Progress
48% Bias Score
BlackRock's โฌ69 Billion Investment in Spain
BlackRock, the world's largest asset manager, holds โฌ69 billion in Spanish investments, including significant stakes in major companies like BBVA and Santander, and is expanding its technological footprint via its Aladdin platform.
BlackRock's โฌ69 Billion Investment in Spain
BlackRock, the world's largest asset manager, holds โฌ69 billion in Spanish investments, including significant stakes in major companies like BBVA and Santander, and is expanding its technological footprint via its Aladdin platform.
Progress
40% Bias Score
Dutch Pension Fund PME Considers โฌ5 Billion Divestment from BlackRock over Climate Concerns
PME, a major Dutch pension fund, is considering withdrawing โฌ5 billion in assets managed by BlackRock due to BlackRock's reduced climate engagement, raising concerns about alignment with PME's sustainability goals.
Dutch Pension Fund PME Considers โฌ5 Billion Divestment from BlackRock over Climate Concerns
PME, a major Dutch pension fund, is considering withdrawing โฌ5 billion in assets managed by BlackRock due to BlackRock's reduced climate engagement, raising concerns about alignment with PME's sustainability goals.
Progress
44% Bias Score
BlackRock Hits Record $11.6 Trillion in Assets
BlackRock reported record assets of $11.6 trillion in Q4 2024, driven by a 21% profit jump, $281.4 billion in net inflows, and a strong equity market rally following the 2024 U.S. Presidential election; the company's strategic acquisitions further contributed to its success.
BlackRock Hits Record $11.6 Trillion in Assets
BlackRock reported record assets of $11.6 trillion in Q4 2024, driven by a 21% profit jump, $281.4 billion in net inflows, and a strong equity market rally following the 2024 U.S. Presidential election; the company's strategic acquisitions further contributed to its success.
Progress
40% Bias Score
BlackRock Withdraws from Net-Zero Climate Initiative
BlackRock, the world's largest asset manager, withdrew from the Net Zero Asset Managers initiative, following several Wall Street banks' departures from similar climate alliances; while some claim this won't alter investment practices, others see it as weakening climate investment pressure.
BlackRock Withdraws from Net-Zero Climate Initiative
BlackRock, the world's largest asset manager, withdrew from the Net Zero Asset Managers initiative, following several Wall Street banks' departures from similar climate alliances; while some claim this won't alter investment practices, others see it as weakening climate investment pressure.
Progress
40% Bias Score
BlackRock Withdraws from Climate Initiative Amid Political and Legal Pressures
BlackRock, the world's largest asset manager, withdrew from the Net Zero Asset Managers initiative due to pressure from conservative investors, legal concerns, and anticipation of a Trump presidency, potentially slowing the global energy transition.
BlackRock Withdraws from Climate Initiative Amid Political and Legal Pressures
BlackRock, the world's largest asset manager, withdrew from the Net Zero Asset Managers initiative due to pressure from conservative investors, legal concerns, and anticipation of a Trump presidency, potentially slowing the global energy transition.
Progress
56% Bias Score
BlackRock Recommends 2% Bitcoin Allocation for Diversified Portfolios
BlackRock recommends a maximum 2% bitcoin allocation in diversified portfolios due to its potential for uncorrelated returns, but cautions about its volatility and risk, highlighting the need for suitable risk tolerance and governance. This follows their successful launch of bitcoin exchange-traded ...
BlackRock Recommends 2% Bitcoin Allocation for Diversified Portfolios
BlackRock recommends a maximum 2% bitcoin allocation in diversified portfolios due to its potential for uncorrelated returns, but cautions about its volatility and risk, highlighting the need for suitable risk tolerance and governance. This follows their successful launch of bitcoin exchange-traded ...
Progress
36% Bias Score
Cramer's Trust Increases BlackRock Stake After $12 Billion Acquisition
Jim Cramer's Charitable Trust bought 15 BLK shares at ~$1,050 each, raising its stake to 60 shares (1.75% weighting), following BlackRock's $12 billion purchase of HPS Investment Partners, a private credit firm with $148 billion in assets under management.
Cramer's Trust Increases BlackRock Stake After $12 Billion Acquisition
Jim Cramer's Charitable Trust bought 15 BLK shares at ~$1,050 each, raising its stake to 60 shares (1.75% weighting), following BlackRock's $12 billion purchase of HPS Investment Partners, a private credit firm with $148 billion in assets under management.
Progress
48% Bias Score