BlackRock Reports Record $15.3 Trillion in Assets Under Management and Strong Q2 Earnings
BlackRock (BLK) reported drawing in $192 billion of capital in the second quarter, pushing its assets under management to a record $15.3 trillion. The company's revenue jumped 31% from a year earlier to $7.1 billion, and net income rose 20% to $1.9 billion, exceeding analyst expectations.
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