Jack Pitcher

Technology companies are powering the stock market ever higher, a few widely held stocks are responsible for most of the gains, and Microsoft is the US's most valuable company.

BlackRock warned investors that increasing scrutiny of environmental, social, and corporate governance matters could adversely impact its reputation and business. In the risk disclosures section of its annual report filed with the Securities and Exchange Commission Friday, BlackRock added a section noting it "faces increasing focus from regulators, officials, clients and other stakeholders regarding ESG matters." Diverging views on ESG-related matters make BlackRock vulnerable to criticism, the asset manager said, noting that it has clients with a variety of goals and offers products both with sustainable investment goals and without.

The world’s biggest asset manager has abandoned the acronym while pumping billions of dollars into clean energy.

暗号資産ビットコインの上場投資信託（ETF）が爆発的な人気を博し、ビットコインの価格を史上最高値に押し上げた熱狂に一役買っている。

Cathie Wood's ARK Investment Management scooped up Reddit shares on the social media company's first day of trading.

The BlackRock CEO's annual letter says demographics will strain retirement systems.

Bluebell Capital proposal to remove the BlackRock CEO as chairman faces long odds By Jack Pitcher, The Wall Street Journal

Shares of Charles Schwab slid 0.6% premarket after the brokerage giant reported first-quarter results. Net income fell 15% from a year earlier to $1.36 billion in the quarter. On a per-share basis, earnings came in at 68 cents, or 74 cents when excluding one-time restructuring charges.

Charles Schwab stock jumped around 4% in morning trading after the brokerage giant reported a fall in first-quarter earnings but beat Wall Street expectations. Net income fell 15% from a year earlier to $1.36 billion in the quarter.

Investors have pulled a net $2.2 billion from ARK’s active funds this year, topping outflows from all of 2023.