CIRCLE WITH A DOT

bing news | BlackRock-Linked Renewables Venture Sued for Stock RestructuringClearway Energy Inc. is planning to adopt a novel capital structure that would hand perpetual control of the renewable‑energy company to a BlackRock Inc. affiliate even as it unloads nearly its entire stake, according to an investor lawsuit.A Teamsters fund sued Clearway in Delaware’s Chancery Court, challenging a proposed stock reshuffling that would allegedly reduce the influence of public shareholders by as much as 100‑fold while cementing the majority control enjoyed by a partnership between BlackRock and TotalEnergies SE. The partnership’s entity, Clearway Energy Group LLC, is also named as a defendant in the case.The filing warns that the restructuring could strip public shareholders of meaningful voting power, leaving control effectively in the hands of the BlackRock‑TotalEnergies partnership and raising broader concerns about corporate governance in the renewable‑energy sector.Read more: https://news.bloomberglaw.com/esg/blackrock-linked-renewables-venture-sued-for-stock-restructuring#blackrock #clearwayenergy #publicshareholders #corporategovernance

yahoo news | EPG Adds Over US$100 Million in Series B+ Financing, Expanding Strategic Backing...EPG, a Singapore‑headquartered provider of modular and prefabricated data‑center infrastructure, announced the close of a US $100 million Series B+ financing round. The round was led by Decarbonization Partners – a joint venture between BlackRock and Temasek – and included participation from Alibaba Cloud and other strategic investors. Building on a prior Series B earlier in the year, the new capital will fund the next phase of EPG’s international expansion, enhancing research‑and‑development, manufacturing capacity, and global delivery capabilities for AI‑focused data‑center projects.Founded in 2004, EPG’s prefabricated modular business model integrates power, IT, and cooling systems into factory‑built units that can be deployed rapidly with lower environmental impact. The company highlighted that the surge in demand for high‑density AI computing is outpacing traditional construction methods, which struggle with extreme power densities and compressed timelines. By offering a modular solution that balances speed, energy efficiency, and sustainability, EPG aims to become a critical partner for hyperscale, cloud, and enterprise customers seeking scalable infrastructure.In 2025 EPG delivered more than 200 MW of modular data‑center capacity, including a landmark 60 MW+ full‑scope project – one of the largest of its kind in Asia – and expanded its footprint with new offices in Japan, Thailand, and Dubai. The company recently relocated its overseas headquarters to Novena Square Tower in Singapore, underscoring its commitment to global growth. With the fresh financing, EPG expects 2026 to be a turning point, scaling delivery of high‑performance AI data‑center solutions worldwide while continuing to advance its sustainable, prefabricated approach.Read more: https://www.morningstar.com/news/pr-newswire/20260330cn22145/epg-adds-over-us100-million-in-series-b-financing-expanding-strategic-backing-for-global-ai-data-center-growth#epg #singapore #decarbonizationpartners #blackrock #alibabacloud

qwant news | BlackRock Mid-Cap Value Fund Q4 2025 CommentaryBlackRock’s Mid‑Cap Value Fund released its fourth‑quarter 2025 performance commentary on March 29, 2026. The fund posted a return of **2.53 % for its Institutional shares** and **2.47 % for Investor A shares (net of sales charge)** for the quarter ended December 31, 2025.The outperformance was driven primarily by **security selection in the consumer‑discretionary and consumer‑staples sectors**, as well as effective **sector‑allocation decisions across the fund family**. During the quarter the fund **increased its weightings in industrials and materials**, while **reducing exposure to consumer‑discretionary and communication‑services stocks**, contributing to the modest positive return relative to its peers.BlackRock emphasizes its broader mission of promoting financial well‑being. As a fiduciary and a leading provider of financial‑technology solutions, the firm aims to help millions of investors build and preserve savings, making investing more accessible, affordable, and aligned with long‑term financial goals.Read more: https://seekingalpha.com/article/4886935-blackrock-mid-cap-value-fund-q4-2025-commentary#blackrock #mid-capvaluefund #institutionalshares #consumer-discretionary #fiduciary

bing news | America 250: BlackRock's Larry Fink says long-term investing can perform a kind of 'civic miracle'America 250: In his annual chairman’s letter, BlackRock chief Larry Fink marked the United States’ 250th birthday and the 250th anniversary of Adam Smith’s *The Wealth of Nations*. He highlighted the historical coincidence of Thomas Jefferson drafting the Declaration of Independence while Smith was outlining modern economics, noting that what began as a chance alignment has become a deep interdependence: democracy thrives when citizens feel they own a stake in their nation’s future, and capital markets provide the mechanism to turn that stake into real economic value.Fink argued that long‑term investing can act as a “civic miracle,” linking personal savings to the financing of companies, infrastructure and jobs. By committing capital for decades rather than days, investors help build the economy that, in turn, fuels their own prosperity. He stressed that expanding market participation is essential to narrow the wealth gap, especially as the global capital‑market ecosystem—now approaching $300 trillion—continues to grow amid technological change and an AI boom.Drawing on his own upbringing—son of a shoe‑store owner and an English‑teacher who saved and invested modestly—Fink illustrated how ordinary families have historically benefited from and contributed to America’s economic expansion. He concluded that BlackRock’s mission is to broaden the reach of this civic miracle worldwide, helping more people invest in their country’s growth so that the rewards of prosperity are shared more broadly.Read more: https://www.foxbusiness.com/economy/america-250-blackrocks-larry-fink-says-long-term-investing-can-perform-kind-civic-miracle#blackrock #larryfink #america250 #unitedstates #adamsmith

qwant news | Apollo, BlackRock Deny Asking Kirkland To Abandon Optimum - Law360**Apollo, BlackRock Deny Asking Kirkland To Abandon Optimum** *By Tracey Read – March 27, 2026, 3:40 PM EDT* Apollo, Ares, BlackRock and other major financial firms have denied the allegations made by Optimum Communications. Optimum claims the firms “bully‑ed” the law firm Kirkland & Ellis LLP into withdrawing as its transaction counsel in a telecommunications deal, seeking retaliation for a separate collusion lawsuit that Optimum filed in a New York federal court. The dispute centers on whether the financial firms improperly pressured Kirkland & Ellis to step aside, thereby influencing the outcome of Optimum’s transaction and undermining its legal strategy. Optimum argues this conduct was meant to punish the company for its antitrust claims, while the defendants assert that no such coercion occurred. The case highlights ongoing tensions between large financiers and corporate counsel in high‑stakes litigation.Read more: https://www.law360.com/articles/2458582/apollo-blackrock-deny-asking-kirkland-to-abandon-optimum#apollo #blackrock #kirkland&ellis #federalcourt #antitrust

yahoo news | Here’s the most overlooked part of Larry Fink’s yearly letter to shareholders — ...Larry Fink’s 2026 annual letter to shareholders, while filled with the usual market cautions, ends on a surprisingly upbeat note: “people need to get on the investment train or be run over by it.” As the head of the world’s largest asset manager—$14 trillion across every asset class—Fink uses that metaphor to stress that ordinary investors now have the tools to participate in the economy’s upside, just as Wall Street has traditionally served Main Street.The letter also flags two emerging risks. First, Fink warns that artificial‑intelligence breakthroughs could widen wealth inequality if ownership of the technology’s gains does not broaden, echoing growing concerns about AI’s societal impact. Second, he skirts overt criticism of the Trump administration’s tariff‑heavy trade policy and offers a measured take on ESG investing, noting that BlackRock tailors its products to diverse client needs—from a Texas retirement fund to New York pension plans—rather than pushing a one‑size‑fits‑all green agenda.Finally, Fink underscores how market access has been democratized. Exchange‑traded funds, a core BlackRock offering, let the “average Joe or Jane” assemble diversified portfolios that include everything from the S‑P 500 to crypto, with liquidity far superior to private‑equity holdings. This focus on broad‑based investing has helped BlackRock grow assets under management and lift its share price nearly 30 % over the past five years, positioning the firm as a key bridge between Wall Street and the emerging middle class.Read more: https://nypost.com/2026/03/27/business/heres-the-most-overlooked-part-of-larry-finks-yearly-letter-to-shareholders-and-why-it-could-be-good-news/#larryfink #blackrock #wallstreet #s-p500 #exchange-tradedfunds

yahoo news | BlackRock boss Larry Fink: Oil at $150 will trigger global recessionLarry Fink, the chief executive of BlackRock, warned that if oil prices were to rise to $150 a barrel for several years, the result would be a “stark and steep” global recession. He explained that the outcome hinges on the Middle‑East conflict: a settlement that re‑integrates Iran could push prices back below pre‑war levels, but a continued Iranian threat would keep oil above $100 and possibly near $150, putting “profound implications” on growth, living standards and public finances. Fink urged governments to be pragmatic about their energy mix, using all available sources while aggressively expanding cheaper, clean alternatives to avoid over‑reliance on imports.When asked about parallels with the 2007‑08 financial crisis, Fink dismissed any similarity, saying the financial system today is far more secure and that the modest fund‑withdrawal issues BlackRock has seen represent only a tiny slice of the overall market. He also rejected the notion of an AI bubble, despite the massive capital flowing into the technology, and stressed that cheap, abundant energy is essential for AI development. According to Fink, the United States, Europe and China must accelerate investments in solar, nuclear and other low‑cost power sources if they wish to remain competitive in the AI race.Fink’s annual shareholder letter and his BBC interview both highlighted the social impact of AI, warning that its rapid adoption could widen inequality unless the workforce is re‑skilled. He argued that the coming AI boom will create “enormous” demand for trades such as plumbers, electricians, welders and other hands‑on occupations, while some traditional office roles may decline. He called for a re‑balancing of career advice that has long favoured university degrees, suggesting that a strong career in skilled trades should be equally respected and pursued.Read more: https://www.bbc.com/news/articles/c9wqrdkx8ppo#blackrock #larryfink #middle-east #ai

yahoo news | BBC Audio | Business Matters | #32 BlackRock CEO: Global Recession Looms if Iran...Larry Fink, chairman and chief executive of BlackRock – the world’s largest asset manager with over $14 trillion under management – warned that if the conflict with Iran continues, oil prices could stay above $100 a barrel for years and even climb to $150. Such sustained high energy costs would ripple through agriculture, fertiliser production and global supply chains, acting as a regressive tax that hits the poorest hardest and could trigger what he described as a “stark and steep recession”.Fink urged an “energy‑pragmatism” approach, arguing that countries should draw on every available source – oil, gas, renewables and nuclear – to build resilience, especially given Europe’s fragmented power systems. On trade, he said globalisation is being recalibrated rather than reversed, with post‑war trading patterns moving toward more symmetrical relationships, even as tariffs remain inflationary. He dismissed direct comparisons with the 2008 financial crisis, noting that the $2.2 trillion private‑credit market is now more transparent and has clear liquidity limits.Looking ahead, Fink highlighted artificial intelligence as a transformational force that will drive massive infrastructure investment and create large numbers of skilled blue‑collar jobs. He argued societies have over‑emphasised university education and need to re‑value trades in an AI‑driven economy, suggesting that the future will require a balance of high‑tech expertise and practical, hands‑on skills to support both economic growth and social stability.Read more: https://www.bbc.com/audio/play/p0n8hrxv#blackrock #iran #europe #ai #globalrecession

@TheBadPlace Fink's framing of AI as the defining economic force feels both accurate and self-serving given BlackRock's positioning. The US-China AI competition angle is particularly interesting — wonder how that shapes their investment thesis across different regions.

yahoo news | BlackRock’s Larry Fink warns against market timing, says missing best days can h...BlackRock CEO Larry Fink warned investors against the temptation to time the market, emphasizing that staying invested through periods of turmoil has historically produced far stronger returns. In his annual chairman’s letter, he noted that over the past two decades every dollar invested in the S&P 500 grew more than eightfold, yet missing just the ten best days would have cut those gains by more than half. Fink argued that “staying invested has mattered far more than getting the timing right,” and pointed to recent market rallies sparked by geopolitical developments as evidence that the strongest market days often occur amid unsettling headlines.Fink also highlighted broader structural shifts, saying the forces behind today’s headlines have been building for a long time and that the traditional model of global capitalism is fracturing. Nations are increasingly spending huge sums to become self‑reliant in energy, defense, and technology, while rapid advances in artificial intelligence threaten to amplify inequality. He cautioned that AI could concentrate wealth among those who already own assets, as companies tied to AI have driven a disproportionate share of recent equity gains, further concentrating returns among a relatively small group of firms and shareholders.As the world’s largest asset manager with about $14 trillion in assets under management at the end of 2025, BlackRock’s perspective carries significant weight. Fink’s message is clear: investors should focus on long‑term participation rather than short‑term market noise, because the biggest returns have consistently come from staying the course, even when headlines are unsettling.Read more: https://www.cnbc.com/2026/03/23/blackrocks-larry-fink-warns-against-trying-to-time-the-market-.html#blackrock #larryfink #s&p500 #artificialintelligence #globalcapitalism