BlackRock is a global investment management corporation with a market capitalization of $174.21 billion as of August 8, 2025. Here's a brief overview:
Market Cap:
$174.21 billion
Current Stock Price:
$1,124.97
52-Week Range:
$773.74 - $1,131.93
Dividend Yield: 1.85%
Price-to-Earnings Ratio:
26.92
BlackRock provides various services, including:
Investment Management: Managing assets for individual and institutional investors
Risk Management: Offering global risk management and advisory services
Exchange-Traded Funds (ETFs): Launching and managing ETFs, such as the iShares Infrastructure Active ETF (BILT)
Recent developments include:
Partnership with LendingClub: BlackRock has partnered with LendingClub for loan transactions up to $1 billion
New ETF Launch: BlackRock has launched the iShares Infrastructure Active ETF (BILT) to capitalize on the growing infrastructure investment trend
Investment in Aramco's Jafurah Project: A BlackRock-led group is set to invest in the $10 billion infrastructure project
BlackRock's financial performance is strong, with:
Revenue: $21.57 billion (ttm)
Net Income: $6.40 billion (ttm)
-Assets Under Management: $7.4 trillion
The company is led by CEO Laurence Douglas Fink and has a global presence with offices in various countries.#BTC #ETH #solana