BLK Blackrock Inc.

$BLK Daily. Despite roughly $15.3 trillion in AUM, mighty Blackrock looks vulnerable to following an overall weakening financial sector lower. Short idea.

$BLK $BLK — Tokenization thesis BlackRock is already bringing traditional assets on-chain, including tokenized money-market products. I own BLK not just for traditional asset management, but as exposure to a major incumbent helping bridge traditional finance and blockchain infrastructure. Watching this as a long-duration theme, not a short-term trade. I know it’s pricy but Fidelity allows fractional buying. In August it launched tokenized money-market products, including an on-chain share class using blockchain infrastructure.

$BLK worse company on the planet. The amount of stock price manipulation these guys do is out of this world

Artificial intelligence and data centers are increasingly competing with governments for capital as financing costs remain elevated. BlackRock Investment Institute estimates annual U.S. financing demand could exceed $7.5 trillion by 2030, driven largely by AI infrastructure and government borrowing. The shift is already visible in credit markets. AI- and data-center-related debt accounts for about 14% of U.S. investment-grade issuance this year, up from 5% in 2025 and just 1% during the previous decade. BlackRock expects the financing wave to continue as companies expand computing capacity. BlackRock said a slowdown in frontier AI models would not necessarily reduce demand for physical infrastructure, since most current AI computing capacity is used for inference, or running existing models. The firm expects inference demand to keep growing as adoption remains in its early stages. $BLK

The U.S. Justice Department is actively considering whether to join a high-profile antitrust lawsuit brought by several states against asset managers BlackRock and State Street, Bloomberg reported, citing people familiar with the matter. Senior antitrust officials have recently spoken with state attorneys general and company representatives, but no final decision has been made. The case stems from a 2024 lawsuit led by Texas and 12 other states, which alleges the firms used their market power and membership in climate coalitions to reduce coal production and raise regional energy prices. In May 2025, the DOJ and FTC jointly filed a statement of interest saying the alleged conduct, if proven, could violate antitrust laws. A federal judge allowed the case against BlackRock and State Street to proceed in August 2025. Vanguard, initially a co-defendant, settled in February for $29.5 million and agreed to limit ESG objectives in its portfolios while denying the allegations. $BLK $STT

Anthropic launched a suite of tools for financial advisors on Monday, connecting its Claude chatbot with investment analysis and wealth-management software from companies including BlackRock, Charles Schwab and Addepar. Called Claude for Financial Advisors, the platform is designed to help financial-services firms prepare for client meetings, conduct portfolio reviews and handle follow-up tasks. It connects Claude with data and software from Envestnet, iCapital, Orion, Wealthbox, Wealth. com and Zocks. The launch follows OpenAI’s recent introduction of a financial-services version of ChatGPT aimed at investment bankers and equity researchers, highlighting intensifying competition between the AI companies in financial services. Anthropic has increasingly expanded Claude into investment research, portfolio analysis, financial modeling and client-material preparation as scrutiny grows over AI development costs, spending and potential misuse. $BLK $SCHW $ANTHZZX.P