BlackRock, the world's largest asset manager, reported strong second-quarter 2026 results, highlighted by an exceptional 40% operating margin despite industry-wide fee declines. The company is successfully growing a lesser-known revenue stream by 40% year-over-year, helping offset fee pressures from active management competitors. However, the report also notes potential risks from securities lending practices in ETFs that could pose counterparty risks in a severe liquidity crisis. Despite the solid earnings, the author remains cautiously optimistic about holding BlackRock stock for the long term.
Nvidia's AI chip sales hit record revenue, but the company is increasingly financing AI infrastructure, extending payment terms and committing nearly $100 billion in equity investments. This dual role supports smaller AI players but creates cash flow...
BlackRock's cryptocurrency portfolio surged by $15.11 billion in August, rising 28.3% from $53.36 billion to $68.48 billion. This growth was driven by a $12.66 billion increase in its iShares Bitcoin Trust, fueled by a 21.38% rise in Bitcoin prices, ...
