Larry Fink Predicts Birth of Futures Market for Computing Power
BlackRock Inc. Chief Executive Officer Larry Fink said global demand for computing power is so huge that traders will one day be able to bet on a futures market for it.
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BlackRock Readies Launch of Two Tokenized Money-Market Funds
BlackRock Inc. is planning to launch two money-market funds built for investors who hold their cash in stablecoins, not bank accounts, a sign the world’s largest asset manager sees a durable customer base in the digital-dollar economy.
BlackRock's Rieder Says Equities Aren't in a Bubble, Fed on Hold
Rick Rieder, BlackRock's CIO of global fixed income, says US equities are not in a bubble because of capital expenditures and earnings growth on "Bloomberg Open Interest." (Source: Bloomberg)
US Jobs Data ‘Steady as It Goes,’ Says BlackRock’s Rosenberg
Jeffrey Rosenberg, portfolio manager of the Systemic Multi-Strategy Fund at BlackRock, reacts to the April US jobs report as he sees a trade-off in the data between a strong headline number and weakness in income. (Source: Bloomberg)