Swing Trader, Popular Stocks ($1.5K per position): Long Bias Strategy (TA&FA), generating a 7.13% gain for BX over the course of the previous week.

Principal Financial Group (PFG) saw a record-breaking increase in volume, with a one-day growth of 241% compared to the 65-Day Volume Moving Average. Is this sudden surge in volume a signal for investors to buy? A.I.dvisor's analysis indicates an 88% chance of success for PFG based on similar historical cases

Teaser: BlackRock, Inc. (BLK), a global investment management corporation, recently released its earnings report for the last quarter of 2022. Despite missing the estimated earnings per share, the company's financial indicators are within normal values. On April 14, 2023, BlackRock showed a 3.81% uptrend, rising for three consecutive days, which is viewed as a bullish sign for investors. With a solid reputation in the investment management industry, BlackRock could be a strong long-term investment option for investors, but it is important to consider all factors before making any investment decisions. Read on to learn more about BlackRock's financial indicators and recent uptrend.

Flora Growth Corp. is beginning 2023 with a major acquisition. As 2022 ended, Flora completed the acquisition of Franchise Global Health. Franchise Global Health is a Canadian cannabis company with primary operations in Germany, and is the owner of the first German medical cannabis import and distribution license. This acquisition potentially boosts Flora’s access to Germany’s cannabis market...

Brookfield Asset Management Inc. third-quarter operating funds from operations or FFO climbed +30% from the year-ago quarter to $1.22 billion. FFO per share was $0.73, up from $0.56 a year ago. Revenues rose to $23.42 billion from $19.25 billion in the prior year. The asset management company experienced inflows of $33 billion during the quarter. It closed several new funds during this...

BlackRock, Inc. ‘s third-quarter 2022 adjusted earnings climbed +15.8% year-over-year to $9.55 per share, beating the Zacks Consensus Estimate of $7.93 (as reported by Zacks Equity Research). Total expenses were $2.79 billion, down -10.6% year-over-year.. Revenues (on a GAAP basis) fell -14.6% from the year-ago quarter to $4.31 billion, vs. the Zacks Consensus Estimate of $4.41 billion. The...

Brookfield Asset Management posted its second quarter earnings that surpassed analyst expectations, according to Zacks Consensus Estimate. For the quarter ending June, the company’s adjusted earnings came in at $0.84 per share, beating the Zacks Consensus Estimate of $0.73 per share. Earnings were $0.49 per share a year ago. Revenues of $23.26 billion for the quarter also beat the Zacks...

Brookfield Asset Management reported quarterly earnings of $0.81 per share , exceeding consensus estimate of $0.70. The company had an EPS of $1.80 a share in the year-ago quarter. Revenue came in at $21.88 billion during the quarter, higher than analyst estimates of $18.35 billion. The company recently announced a quarterly dividend of $0.14, to be paid out on June 30th to stockholders of...

Wealth management behemoth BlackRock has crossed the $10 trillion mark for assets under management. It ended 2021 at $10.01 trillion. It was largely actively managed funds that pushed Blackrock’s assets under management to breach the $10 trillion mark. Active funds comprised almost 50% of the $211.7 billion net new money last quarter for the company. “We generated a record $267 billion of net...

Investment management company Blackstone has agreed to purchase smart access products company Chamberlain Group, for about $5 billion. Blackstone bought the company from private equity firm The Duchossois Group. Under the terms of the deal, The Duchossois Group will continue to have “meaningful” ownership in the company and two seats on its Board of Directors. “Blackstone is expected to...

Blackstone Group   and Carlyle Group   along with privately owned company Hellman & Friedman are buying a majority stake in Medline Industries. Medline Industries is privately held, family-led health care firm that generated  $17.5 billion in revenue in 2020.

The deal is valued around $34 billion, according to a Wall Street Journal report that cited people familiar with the matter.The transaction is expected to be completed in 2021.

After the deal, while the private equity group will own a majority stake in Medline, the Mills family will continue to be the largest shareholder in the company and will retain their leadership roles.

Financial services company State Street  posted its first-quarter results that surpassed analysts’  estimates.However, its  revenue from interest on loans was below expectations.

State Street’s adjusted earnings for the quarter came in at $1.47 a share, compared to $1.35 a share expected by analysts.

Revenue fell around -4% year-over-year to $2.95 billion, also higher than analysts’ estimates of $2.87 billion. Fee revenue rose +4% in the quarter while servicing fees climbed +7%.

BlackRock, the invest management firm managing more than $6.28 trillion in various assets, has recently been increasingly receptive towards virtual currencies.But Larry Fink, the company’s CEO, made it clear at a recent conference that they would not offer a cryptocurrency exchange-traded fund (ETF) until the “industry becomes ‘legitimate.’” Somewhat ironically, the very independence from traditional financial institutions and structures that has defined bitcoin since its creation is hindering its continued push towards the mainstream.

Asset management behemoth BlackRock reported a fourth quarter earnings that beat analysts’ expectation,  thanks to  higher fees (its biggest source of revenue) on greater activity in financial markets.

The company’s adjusted net income came in at $10.18 per share in the quarter ended Dec. 31, exceeding the Street estimates of $9.14 ( according to Refinitiv IBES data)

BlackRock's assets under management grew to $8.68 trillion as of the quarter’s end, from $7.43 trillion a year earlier.

Investors poured money into BlackRock’s exchange-traded funds, as well as active funds, amid increased market volatility due to  the U.S. presidential elections and the release of some Covid-19 vaccines.As a result, BlackRock earned higher investment and advisory fees, through the quarter.

As of today, it has infected fifteen million people and killed over six hundred thousand.As a trader, it’s difficult to wrap your head around because technical analysis alone cannot accurately predict market behavior during conditions like we are currently experiencing.

Applied DNA Sciences  got an authorization from the U.S. Food and Drug Administration (FDA) for emergency clinical use of its covid-19 test, Linea.  "This extraordinary achievement highlights the company’s commitment to combating the covid-19 pandemic both locally and nationwide," Chief Executive James Hayward said in a statement. The machine that performs  the test can process 94 samples per hour and more than 2,000 tests per day. The FDA has authorized emergency use for about 50 molecular tests that can detect COVID-19  

Pluralsight’s second-quarter billings came in lower than expected, while the company issued guidance below analysts’ forecasts. The online tech education company reported second-quarter loss of -30 cents a share, wider than the year-ago quarter’s loss of -19 cents a share.Adjusted losses came in at -6 cents a share,  compared to analysts’ expectations of adjusted earnings of 14 cents a share. Revenue grew to $75.9 million, from $53.6 million in the year-ago period, and was higher than analysts’ estimate of $73.8 million.  But Pluralsight’s second-quarter billings of $80.6 million came in below the expected $89.1 million. For the third quarter, Pluralsight has projected revenue of $79.5 million to $80 million  - a range lower than the $82.6 million forecasted by analysts. The company expects third-quarter adjusted loss per share of -13 cents to -15 cents per share, compared to the consensus estimate of an -11 cent loss.

BlackRock Inc.’s second-quarter earnings fell short of analysts’ estimates. The global investment management company’s  earnings per share came in at $6.41, lower than the $6.50 average estimate of Wall Street analysts surveyed by FactSet.  While net income declined more than -7% year-over-year to $1 billion in the quarter, revenue decreased by -2% to $3.52 billion - on lower performance fees. The company also experienced declining securities-lending revenue. However, BlackRock indicated that rising investor demand for the company's bond mutual funds helped to increase assets under management by 5% during the quarter to $6.84 trillion. 

Blackstone experienced a step decline in profits in its latest quarter, but exceeded analysts’ estimates of distributable earnings. The  private equity and financial services company reported net income per share on a diluted basis of 45 cents for the second quarter, down -59% from a year ago (based on generally accepted accounting principles (GAAP)). Increased earnings from the sale of assets in Blackstone’s private equity, credit and fund-of-hedge-funds divisions was offset by a decline in proceeds from divestments in its real estate unit. Nevertheless, the company’s distributable earnings – which represents cash available for paying dividends – came in at 57 cents per share, beating analysts’ expectations of 49 cents (based on Refinitiv data). According to Blackstone, its assets under management surged to a record $545.5 billion in the three months through June, compared to the year-ago quarter’s $511.8 billion. Blackstone said that the value of its private equity por

TD’s latest offering spans 21 providers/fund managers covering around 90 Morningstar categories. An ETF (or exchange-traded fund) is an investment fund (a basket of securities) that tracks a particular index.ETFs are often regarded as relatively passive and lower-cost compared to several funds that involve picking individual securities. The move, according to TD, gives more than 7,000 registered investment advisors (RIAs) and TD Ameritrade’s 11 million individual investor client accounts access to “one of the largest and most diverse selections of non-proprietary, commission-free ETFs in the industry.” Last year, Vanguard Group announced commission-free online trading in almost 1,800 of its competitors' ETFs in addition to 77 of its own