Bitcoin ( BTC 1.30%) had a phenomenal year in 2024. The cryptocurrency returned 119%, easily outperforming the 23% gain in the S&P 500 (SNPINDEX: ^GSPC), which itself is commonly seen as a barometer for the overall U.S. stock market. In fact, only five stocks in the S&P 500 created more wealth than Bitcoin last year.
There’s Donald Trump the crypto champion, promising to unshackle an industry hit by a years-long regulatory crackdown. Then there’s Trump the memecoin, which created billions of dollars of instant paper wealth but earned sharp rebukes even from the industry that stands to gain perhaps the most from his presidency.
BlackRock Inc. is tapping into a fast-growing corner of the options-powered ETF world with an offering aimed at Wall Street investors bracing for the S&P 500 to tread water.
O ne of the most widely discussed topics on Wall Street over the years has been the question of who will succeed Jamie Dimon as CEO of JPMorgan Chase, a role he has held for nearl
The world’s largest asset manager is latest Wall Street firm to quit climate groups.
BlackRock, the world’s biggest asset manager, is the latest financial firm to back out of a voluntary climate initiative it joined just a few years ago.
BlackRock , the world's biggest asset manager, said on Thursday it will leave the Net Zero Asset Managers Initiative, the latest Wall Street firm to depart an environmentally focused investor group under pressure from Republican politicians.
BlackRock (BLK) reported record fourth-quarter and full-year earnings results as the world’s largest asset manager continued
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world
The nation’s largest investment manager is leaving the Net Zero Asset Managers initiative, joining a broader financial institution exodus from high-profile climate alliances.
There are three market triggers that could cause BlackRock to flip its investment strategy, the asset manager said in a note on Monday.
A single Bitcoin is currently worth $104,000, but certain Wall Street analysts think its value ... The iShares Bitcoin Trust by BlackRock has been particularly successful since its launch in ...