Revenues Surge as BlackRock Assets Cross $11.5tn, Surpassing Analyst Forecasts

BlackRock's assets under management have soared to an unprecedented $11.5 trillion, propelling its shares to a new all-time high. This surge reflects the world’s largest money manager's strong performance amid a rally in global markets, attracting a remarkable influx of new capital from investors. The latest earnings report revealed a 15% increase in revenues, reaching $5.2 billion, which exceeded analysts'…

Can Elon Musk Deliver Again? The CEO’s Lofty Robotaxi Promises Under Scrutiny

Tesla CEO Elon Musk took the stage in California on Thursday to unveil his ambitious vision for a future where self-driving cars roam the streets and robots walk among us. Describing this as an “age of abundance,” Musk promised a future filled with excitement, where vehicles have no steering wheels, and parking lots transform into parks. The star of the…

Spot Bitcoin ETFs Break Through the 5% Barrier—Is Mainstream Adoption Here to Stay?

A recent report has revealed that spot Bitcoin exchange-traded funds (ETFs) now account for 5% of the total Bitcoin supply, underscoring growing institutional interest in the cryptocurrency. According to Bitcoin Magazine, as of October 5, spot Bitcoin ETFs collectively manage over 911,000 BTC. This surge is a positive indicator of the increasing acceptance and adoption of Bitcoin in traditional financial…