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BlackRock's Q2 Surge Driven by Market & ETF Demand | Durham News
BlackRock is poised for a record-breaking second-quarter earnings report, with analysts forecasting over $180 billion in new assets under management—a direct result of a booming market and surging investor demand for ETFs, especially in AI-driven sectors. As stocks rallied and investors poured money into easy-to-access funds, BlackRock’s fee-based business model thrived, with its iShares ETFs leading the charge. BofA has even raised its earnings forecast to $13.39 per share, highlighting BlackRock’s strong position in both traditional and emerging markets. While other firms navigate complex…
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