Browsing Tag
BlackRock
64 posts
BlackRock’s $15.5tn asset milestone reveals why private markets and ETFs are reshaping its growth
BlackRock, Inc. reported record assets under management of $15.49 trillion after attracting $205.5 billion in third-quarter net inflows, with strong exchange-traded fund demand, expanding private markets activities and higher technology revenue supporting a 19% increase in group revenue.
LSEG’s $3.5bn Octus talks test whether private-credit data can justify a 9x sales valuation
London Stock Exchange Group is discussing a roughly $3.5 billion acquisition of Octus, adding proprietary private-credit intelligence to a data business already being rebuilt around artificial intelligence. The strategic fit is clear, but an implied valuation near nine times sales and a sharp negative share-price reaction show investors want evidence that scarce private-market data can generate returns matching the price.
Why Amazon may shift $8bn of NVIDIA chips to investors as AI costs surge
Amazon is reportedly discussing a structure that could place about $8 billion of NVIDIA Grace Blackwell chips into an investor-backed vehicle and lease the hardware back, testing whether outside capital can shoulder more of the extraordinary cost of the AI infrastructure boom.
Why Saudi Aramco’s next capital-raising vehicle could be its gas business
The proposed restructuring would separate gas from Saudi Aramco’s existing upstream and downstream structure as Jafurah production and LNG ambitions expand.
Can Atome turn Grab’s loss-making financial services arm into a $500m EBITDA business?
Grab is acquiring 60% of Atome Financial for $1.49 billion in cash, adding a $1 billion loan portfolio and 25 million cumulative users. The deal accelerates consumer lending across Southeast Asia, but it also commits more capital to credit risk while Grab’s Financial Services segment is still moving toward profitability.
Envestnet to acquire Vestmark as wealth technology platform expands trading capabilities
Envestnet has agreed to acquire Vestmark, bringing institutional trading, tax-transition and portfolio-management technology into a platform associated with roughly $8 trillion of assets, although overlapping customers mean the asset figures cannot simply be added together.
NVIDIA forecasts first $100bn quarter as Data Center revenue surges 117%
NVIDIA Q2 revenue doubled to $96.2B as Data Center sales hit $89B and Q3 guidance reached a record $108B.
Equinor to pay $940m for Lackawanna as Appalachian gas strategy moves into PJM power
Equinor is paying $940 million for preferential economic rights in Pennsylvania’s 1,483MW Lackawanna Energy Center, adding gas-fired generation beside a 1.7 Bcf/d Appalachian gas position as PJM prepares for sharply higher electricity demand.
Inside the BofA and Jio Credit deal: Equity, warrants and the road to closing
Bank of America's $1.9 billion, up to 49.9% Jio Credit stake implies a $3.8 billion NBFC valuation and extends foreign capital's Indian lender push.
Circle Internet Group company profile: How USDC became a $73bn stablecoin business and what Arc changes next
Circle Internet Group, Inc. has built USDC into one of the world’s largest regulated dollar stablecoins, generating hundreds of millions of dollars each quarter from the reserves backing it. But falling reserve yields, substantial distribution costs and a volatile CRCL valuation mean the next phase depends increasingly on Arc, Circle Payments Network, tokenized assets and new fee-generating infrastructure.