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BlackRock Inc

Energy transition to need $4 trillion annually: BlackRock

by Milton Acorn
Energy transition to need  trillion annually: BlackRock

The BlackRock logo is seen outside of its offices in New York City. Brendan McDermid | Reuters BlackRock estimates that the world’s green energy transition will require $4 trillion annually …

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Categories Science

BlackRock’s Larry Fink sees Fed cutting rates twice this year but missing 2% inflation goal

by Adrian Jhonsan
BlackRock’s Larry Fink sees Fed cutting rates twice this year but missing 2% inflation goal

DUBAI, UNITED ARAB EMIRATES – DECEMBER 04: Larry Fink, CEO of Blackrock, speaks at a roundtable discussion titled: “Financing the New Climate Economy,” during which he described the urgent need …

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Categories World

Morgan Stanley tumbles, GE Healthcare climbs — what’s driving Thursday’s major portfolio stock moves

by Adrian Jhonsan
Morgan Stanley tumbles, GE Healthcare climbs — what’s driving Thursday’s major portfolio stock moves

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re …

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Categories World

SEC won’t approve ether (ETH) exchange-traded fund

by Ev Richard
SEC won’t approve ether (ETH) exchange-traded fund

Jakub Porzycki | Nurphoto | Getty Images PARIS — Issuers of spot bitcoin exchange-traded funds cast doubt over the short-term likelihood of the U.S. Securities and Exchange Commission approving such a product …

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Categories Technology

Vanguard voting for management over Peltz

by Adrian Jhonsan
Vanguard voting for management over Peltz

Bob Iger, CEO of The Walt Disney Company, speaks during the grand opening ceremony of Shanghai Disney Resort’s Zootopia-themed attraction at Shanghai Disney Resort on December 19, 2023 in Shanghai, …

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Categories World

Disney board fight hinges on Vanguard, other institutional investors

by Adrian Jhonsan
Disney board fight hinges on Vanguard, other institutional investors

Bob Iger and Nelson Peltz. CNBC In 2015, Nelson Peltz’s Trian Partners was defeated in an activist campaign against chemical firm DuPont, largely because the top three institutional shareholders voted …

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Categories World

Viking jumped 25% on weight loss pill data. We still prefer Eli Lilly

by Adrian Jhonsan
Viking jumped 25% on weight loss pill data. We still prefer Eli Lilly

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. In his annual letter …

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Categories World

Who said what at the World Economic Forum (WEF)

by Adrian Jhonsan
Who said what at the World Economic Forum (WEF)

People attend the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024.  Denis Balibouse | Reuters The potential for generative artificial intelligence, when interest rates …

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Categories World

Jamie Dimon says he’s done talking about bitcoin: ‘I don’t care’

by Ev Richard
Jamie Dimon says he’s done talking about bitcoin: ‘I don’t care’

DAVOS, Switzerland — Bitcoin does nothing, JPMorgan Chase CEO Jamie Dimon said Wednesday on the sidelines of the World Economic Forum. “I call it the pet rock,” he added. Dimon …

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Categories Technology

Bitcoin losses accelerate following ETF launch, while ether heads for an 18% gain on week

by Ev Richard
Bitcoin losses accelerate following ETF launch, while ether heads for an 18% gain on week

Bitcoin slid on Friday to end what should have been a momentous week for the cryptocurrency, with the launch of 11 bitcoin ETFs in the U.S. after a years long …

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Categories Technology
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