US Stocks Movement | Q2 Earnings Exceed Expectations, BlackRock (BLK.US) Opens Up Nearly 7%
智通财经2026/07/16 14:01Show original
By:智通财经
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Zhihu Finance APP reports that on Wednesday, BlackRock (BLK.US) opened nearly 7% higher, currently trading at $1,096.08. According to reports, the company’s second quarter results exceeded expectations, mainly due to record-breaking capital inflows and strong organic growth on its platform. Earnings per share reached $13.91, far higher than analysts’ forecast of $12.57; revenue was $7.08 billion, above the general market expectation of $6.72 billion. Revenue increased by 31% year-on-year, and BlackRock stated that this growth reflects a favorable market environment, organic base fee growth, gains from the HPS transaction, higher performance fees, and growth in technology services and subscription revenues.
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