BlackRock (BLK) shares are rising after beating first quarter expectations, with adjusted earnings per share at $9.81 against Wall Street estimates of $9.34. The company’s assets under management also climbed to a record 10.47T, a 15% boost from a year ago. BlackRock explained its growth potential in infrastructure, retirement, technology, and whole portfolio solutions will drive the momentum forward.
Seana Smith and Brad Smith break down the catalysts for the company’s strong performance.
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