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BlackRock BLK

Issue No. 04 pick · July 17, 2026 · Updated July 24, 2026

Financials

Setup Snapshot

The Setup in One Card

How BLK moved and the catalyst behind the move, from its Issue No. 04 write-up. It is not on the current Scoreboard, so it carries no Friday Five Score this week.

Issue No. 04

Original Pick

Week of July 10 to July 16, 2026 Return

BLK+6.61%

Sector Trend

Neutral-1.62%

Covered In

Issue No. 04 · July 17, 2026

Catalyst

Earnings Beat

Record $15.34 trillion in assets under management and a second quarter earnings and revenue beat

Return measured from the Thursday, July 9 close to the Thursday, July 16 close, the week it appeared in Issue No. 04.

Why It Moved

The Story Behind the Move

BLK+6.61% in Week of July 10 to July 16, 2026

Catalyst

Record $15.34 trillion in assets under management and a second quarter earnings and revenue beat

Why It Mattered

As the world's largest asset manager, BlackRock earns fees on the assets it manages, so record assets and record inflows flow straight into revenue and margins, a business that compounds as it grows.

Risk Note

The fee model works in reverse too: a market drawdown shrinks assets and fees at once, index fee compression is a slow headwind, and the stock is not cheap after this run.

Reader Takeaway

In a leadership change, a high quality compounder posting record results is the kind of strength that tends to persist while the crowded trades sort themselves out.

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This page is for educational and informational purposes only. It is not financial advice, investment advice, or a recommendation to buy or sell any security.