BlackRock, headquartered in New York City, offers investment management, risk management, and advisory services with 19,800 employees, providing diverse investment strategies and technology solutions globally. Their products include mutual funds, ETFs, and separate accounts across various asset classes.
BLK has been in the news recently: BlackRock Finance is closely monitoring the U.S. bond market, which is under stress due to the national debt exceeding $36.2 trillion and rising long-term yields. Additionally, the company is likely interested in the evolving cryptocurrency landscape, including developments such as the potential launch of a bitcoin ETF by Trump Media & Technology Group.
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