He uses BlackRock’s risk-management system, Aladdin, to monitor unintended portfolio ... Kim has made moves across the AI stack recently. The team has invested heavily into the hardware making ...

One of the big questions on Wall Street is when Larry Fink, the long-time CEO and founder of money-management behemoth BlackRock, will decide to retire. The answer: Never, if Fink has his way.

BlackRock's AUM hit a record $11.6 trillion ... their data service platform is expected to be bolted onto Aladdin. We shall initially see the impact through an increase in technology revenues.

BlackRock's acquisition of iShares and its scale have driven impressive growth, but it now faces strong competition from Vanguard's aggressive fee reductions. BlackRock's asset-light business ...

The iShares Expanded Tech Sector ETF holds 289 stocks, and AI is central to most of the companies occupying its top positions. The ETF has delivered a compound annual return of 11% since 2001, which ...

BlackRock Fundamental Equity EMEA CIO Helen Jewell discusses where to find AI investment opportunities in Europe. Speaking on ...

BlackRock CEO Larry Fink isn't sugarcoating the problem: retirement in America is broken. In a March 2024 interview with Bloomberg, David Westin got straight to the point, asking Fink for his take ...

Companies such as CNN, Dropbox, and IBM have previously announced job cuts related to AI. Tech jobs in big data ... more than 21,000 workers since 2022. BlackRock is cutting 1% of its workforce.

BlackRock, Inc.'s ( NYSE ... Mobility Ground to a HaltSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayCutting ...

Since taking charge in 2019, lead manager Rick Rieder has formalized the macro research that helps informs asset allocation and improved the integration of ... particularly in AI-driven stocks ...

The multinational banking giant Barclays holds nearly $137 million worth of BlackRock’s iShares Bitcoin exchange-traded fund (ETF). The London-headquartered bank disclosed it holds 2,473,064 shares of ...