Tech Tycoon's Family Office Bets on AI to Prop $10 Billion Fund [BNN Bloomberg (Canada)]
BlackRock, Inc. (BLK)
Last blackrock, inc. earnings: 4/16 06:02 am
Check Earnings Report
US:NYSE Investor Relations:
ir.blackrock.com
Company Research
Source: BNN Bloomberg
The company, among the first large Indian asset managers to use AI tools in the private equity space, is now working on an AI quant model for its public market bets too, TK Kurien, its managing partner and chief investment officer, said in his first interview after taking the role in 2017. The asset manager, which has seen “exponential returns,” will also invest more in the AI space, he said. Investment firms worldwide, including BlackRock Inc. and SoftBank Group Corp, are relying on AI to analyze data streams in real-time to glean market intelligence and are looking to invest further in the sector. PremjiInvest started developing AI tools three years ago and hired 14 AI engineers, according to Kurien. At the same time, it started backing firms venturing into the nascent technology space. AI is helping the asset manager scour more than 10,000 companies globally on 600 parameters to identify investment opportunities. The firm expects the entire exercise to also give it a bird's ey
Show less
Read more
Impact Snapshot
Event Time:
BLK
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BLK alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BLK alerts
High impacting BlackRock, Inc. news events
Weekly update
A roundup of the hottest topics
BLK
News
- BlackRock® Canada Announces May Cash Distributions for the iShares® ETFs and a Reinvested Distribution for iShares Canadian Real Return Bond Index ETFGlobeNewswire
- Vanguard Announces Appointment of Salim Ramji as New CEO [Yahoo! Finance]Yahoo! Finance
- 3 BlackRock Mutual Funds to Buy on the Fed's Rate-Cut Delay [Yahoo! Finance]Yahoo! Finance
- Blue Owl Hires Abdulkarim to Oversee Middle East Fundraising [BNN Bloomberg (Canada)]BNN Bloomberg
- Greyhound Owner Flix, Retailer Tendam Eye IPOs in Coming Weeks [BNN Bloomberg (Canada)]BNN Bloomberg
BLK
Earnings
- 4/12/24 - Beat
BLK
Sec Filings
- 5/14/24 - Form 4
- 5/13/24 - Form PX14A6G
- 5/10/24 - Form 144
- BLK's page on the SEC website