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BLK Jan 2024 520.000 call
| Previous close | 198.30 |
| Open | 198.30 |
| Bid | 148.60 |
| Ask | 151.80 |
| Strike | 520.00 |
| Expiry date | 2024-01-19 |
| Day's range | 198.30 - 198.30 |
| Contract range | N/A |
| Volume | |
| Open interest | 6 |
- Yahoo Finance Video
BlackRock receives $100k in seed funding for spot bitcoin ETF
A Securities and Exchange Commission filing revealed BlackRock (BLK) received $100,000 from a currently unknown seed investor for a proposed spot bitcoin ETF. Many companies, including Fidelity, Invesco, Grayscale, and others are patiently waiting for SEC approval for a spot bitcoin ETF. Bitcoin (BTC-USD) is up more than 20% for the month as sentiment grows bullish for the cryptocurrency on approval hopes. Yahoo Finance Jared Blikre joins the Live show to break down the latest numbers and developments surrounding BlackRock and bitcoin. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
- Reuters
UPDATE 1-Market expectations of Fed cuts 'overdone,' volatility to jump in 2024, BlackRock says
Global markets will experience greater volatility in 2024 as the Federal Reserve cuts benchmark interest rates fewer times than many investors are pricing in, strategists at the BlackRock Investment Institute said at a panel discussion on Tuesday. Nevertheless, BlackRock, the world's largest asset manager, continues to see opportunities in equities in AI stocks and technology, particularly in the memory sector, with opportunities also due to so-called quality factors such as stable earnings and high margins. "Market pricing for rate cuts is a bit overdone in our view," said Wei Li, global chief investment strategist for BlackRock.
ReutersMarket expectations of Fed cuts 'overdone,' volatility to jump in 2024, BlackRock says
NEW YORK (Reuters) -Global markets will experience greater volatility in 2024 as the Federal Reserve cuts benchmark interest rates fewer times than many investors are pricing in, strategists at the BlackRock Investment Institute said at a panel discussion on Tuesday. Nevertheless, BlackRock, the world's largest asset manager, continues to see opportunities in equities in AI stocks and technology, particularly in the memory sector, with opportunities also due to so-called quality factors such as stable earnings and high margins. "Market pricing for rate cuts is a bit overdone in our view," said Wei Li, global chief investment strategist for BlackRock.
