BlackRock shares rise on quarterly profit jump
14/10/2026 11:59
BUZZ-BlackRock shares rise on quarterly profit jump ** BlackRock BLK.N shares up nearly 4% premarket
** Co posts a jump in Q3 profit, driven by higher fees as markets remained resilient
** Assets under management rise to $15.49 trillion from $13.46 trillion a year earlier, helped by $134.5 bln in new flows into its iShares ETFs and rising investment valuations
** YTD, BLK shares down ~0.4% vs a 14% rise for the S&P 500 .SPX
** Of 20 analysts covering the stock, 18 have 'buy' or 'strong buy' rating and 2 have 'hold' rating, per LSEG
(Reporting by Rashika Singh in Bengaluru)
Recent news on BlackRock
See all newsMedia: BlackRock’s Rick Rieder sees opportunity in high-quality bonds- CNBC
BlackRock adds robotics ETF to growing ranks of AI-themed products
Brief: Blackrock Introduces Active Robotics ETF, Building On Leadership In Ai Investing
Media: BlackRock's Fink says slow data-center buildout is inflationary- Bloomberg News
Investors flood to Jio IPO on day one of India's largest offering (updated)