The Latest Breaking News from BlackRock

Private investment firms that are helping finance America’s artificial intelligence race and the huge buildout of energy-hungry data centers are getting interested in the local utilities that deliver electricity to regular customers — and the servers that power AI

Vanguard Group, the $10 trillion asset manager, is reportedly weighing plans to let U.S. brokerage clients access cryptocurrency ETFs, according to a report published on Friday.

President Donald Trump is once again shaking up Wall Street’s rule book. This week, he called for U.S. companies to ditch quarterly earnings reports and switch to a six-month schedule instead. "This will save money and allow managers to focus on properly running their companies," he wrote on Truth Social.

Media startup Minute Media, backed by BlackRock (NYSE:BLK) and Goldman Sachs (NYSE:GS) is betting big on that trend with its Sept. 9 acquisition of VideoVerse, an Indian AI company valued between $200 million and $250 million.

BlackRock is doubling down on the rapidly expanding active ETF universe with the launch of two mutual fund stalwarts as ETFs. The company launched the iShares Dynamic Equity Active ETF (NYSE:BDYN) and the iShares Disciplined Volatility Equity Active ETF (NYSE:BDVL) on Tuesday, rounding out its large iShares stable.

Three BlackRock fixed-income closed-end funds experienced notable declines in their quality rankings this week, pushing each into the market's bottom decile for operational efficiency and financial health. This shift comes as U.S. Treasury yields have been declining, causing changes across the credit markets.

Editor’s Note: The future prices of benchmark tracking ETFs, the lede, and the latest economic releases were updated in the story.

The BlackRock Investment Institute is maintaining its “risk-on” investment stance, remaining overweight in U.S. equities despite acknowledging that core inflation is proving sticky.

Chancellor hosting Downing Street talks with Treasury secretary, which are aimed at securing more US investment