BlackRock Inc
Coinbase shares soar more than 20% in boost from meme traders, BlackRock crypto deal
The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. Shannon Stapleton | Reuters Shares of Coinbase soared on Thursday after the crypto exchange announced a partnership with BlackRock that will allow its institutional clients […]
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Stop panicking about inflation, BlackRock CEO tells investors — ‘We’re going to get through this’
The economic headwinds currently roiling the U.S. economy are fixable in the long-run, meaning investors can afford to relax a bit, BlackRock CEO Larry Fink told CNBC’s Jim Cramer on Wednesday. “A really famous person called me up, panicking, ‘what should I do, I’ve got to get out, I can’t stand it, I can’t stand […]
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Stocks making the biggest moves premarket: UnitedHealth, Wells Fargo, Pinterest and others
Check out the companies making headlines before the bell: UnitedHealth (UNH) – The health insurer’s stock rose 1.7% in the premarket after its quarterly earnings and revenue beat forecasts, and it raised its full-year outlook. The company’s results were helped in part by a strong performance at its Optum health care services unit. Wells Fargo […]
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Jim Cramer says the market could see ‘pleasant surprises’ going forward
CNBC’s Jim Cramer on Monday said that most of the sellers have already left the market, meaning that the turbulence in stocks could ease up. “To me, this mad scramble to get out ahead of the negativity is a sign that the bad news … is mostly baked in,” he said. “Everybody’s scrambling to get […]
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Buy these stocks to insulate your portfolio from the next big market risk, Morgan Stanley says
Stock markets are emerging from the worst start to a year in half a century. But the volatility is far from over and investors should prepare for further risk to earnings ahead, Morgan Stanley says. The S & P 500 notched its worst first half since 1970 while the Nasdaq Composite fell deep into a […]
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There’s a growing interest in direct indexing as the investing trend becomes ‘democratized’
As demand grows for specialized portfolios, a trend known as direct indexing is quickly becoming an option for more investors. Rather than owning a mutual or exchange-traded fund, direct indexing is buying the stocks of an index to achieve goals like tax efficiency, diversification or values-based investing. Traditionally used by institutional and high-net worth investors, […]
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McDonald’s shareholders to vote on proxy fight with Carl Icahn over animal welfare practices
Signage outside a McDonald’s Corp. fast food restaurant in Louisville, Kentucky, U.S., on Friday, Oct. 22, 2021. Luke Sharrett | Bloomberg | Getty Images McDonald’s shareholders meeting on Thursday morning will mark the climax of a proxy fight waged by activist investor Carl Icahn, who is pushing for two seats on the fast-food giant’s board […]
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‘That is not capitalism, that is abusing the market:’ Sen. Ted Cruz blasts BlackRock’s Larry Fink’s ‘woke’ ESG policies
Sen. Ted Cruz (R-TX) speaks during a news conference at the U.S. Capitol October 6, 2021 in Washington, DC. Alex Wong | Getty Images Sen. Ted Cruz blasted BlackRock CEO Larry Fink on Tuesday for so-called “woke” investment decisions — and suggested money managers like Fink be barred from voting on behalf of other investors […]
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Strategist says U.S. stocks are undervalued right now — and names his top picks to buy the dip
Morningstar’ s David Sekera thinks the market sell-off is looking overdone — and reveals the tech stocks he thinks are attractive right now, as well as his picks to ride the return of consumer spending. After years of beating the market, tech stocks have been slammed this year as expectations of aggressive tightening by the […]
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Elon Musk and Cathie Wood knock passive index investing, saying it’s gone too far
Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. Marco Bello | Getty Images Elon Musk and Cathie Wood took aim at index funds in a Twitter thread, arguing that passive investments […]
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