Blackrock Joins Consortium With BMW, Ford To Invest $785M In European Charging Network Expansion
One of the factors that determine the success of the large-scale electric vehicle transition that is underway is good charging infrastructure.
5 Stocks Insiders Are Selling
When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.
Former President Trump’s Social Media SPAC Bursts Onto the Scene in IPO Debut
The S&P 500 (SPX) created a new all-time high on Thursday but just barely. Despite a seven-day up streak, the move may not be as convincing to some investors, so follow-through on Friday could be important. Fortunately, the S&P 500 futures are pointing slightly higher before the market open.
Lower Than Expected Housing Starts and Building Permits Could Be Problems for Homebuilders
Investors have another group of earnings to consider on Tuesday. This week a slew of companies are slated to report earnings including 77 of the 500 stocks that make up the S&P 500. Investors will be looking for signs of supply chain relief and bottlenecks.
Morgan Stanley CEO On Bitcoin: ‘I Don’t Think Crypto Is A Fad’
James P. Gorman, CEO of Morgan Stanley (NYSE: MS), believes crypto isn’t going away any time soon.
BlackRock CEO Sees ‘Huge Opportunities’ For Crypto, But Isn’t Sure If Bitcoin Is Going To $80K Or Zero
BlackRock, Inc. (NYSE: BLK) CEO Larry Fink said the concept of blockchain and crypto will play a “very large role” in the future.
Morgan Stanley Maintains Overweight on BlackRock, Raises Price Target to $1026
Morgan Stanley analyst Michael Cyprys maintains BlackRock (NYSE:BLK) with a Overweight and raises the price target from $1021 to $1026.
Financial and Technology Stocks Making Headlines
Today kicks off the unofficial start of the fall earnings season with some big banks in focus, but before investors can dive into the earnings news they have to deal with some Apple (NASDAQ: AAPL) news.
BlackRock Q3 Adj. EPS $10.95 Beats $9.35 Estimate, Sales $5.05B Beat $4.90B Estimate
BlackRock (NYSE:BLK) reported quarterly earnings of $10.95 per share which beat the analyst consensus estimate of $9.35 by 17.11 percent. This is a 18.76 percent increase over earnings of $9.22 per share from the same
Earnings Scheduled For October 13, 2021
Companies Reporting Before The Bell
• BlackRock (NYSE:BLK) is estimated to report quarterly earnings at $9.23 per share on revenue of $4.81 billion.