What Is Nvidia's New $1 Trillion Superproject?
While most are still focused on Nvidia's recent performance, they're missing this massive, $1 trillion pivot Nvidia's making right now. But it's what's happening behind the scenes that should be most exciting for investors. We've identified three companies that Nvidia needs to lean on to help get the job done.
![](https://musthinsider.com/img/BLK.png)
Open | 789.13 | Prev Close | 789.12 |
High | 790.63 | Low | 786.00 |
Volume | 0 | Volume (Avg) | 601,827 |
52 Week High | 783.36 | 52 Week Low | 318.67 |
Market Cap | 110.5B | PE Ratio | 19.81 |
General
Name | BlackRock, Inc |
Ticker | BLK |
Exchange | NYSE |
Sector | Financial Services |
Industry | Asset Management |
Currency | USD |
Country | USA |
Fiscal Year End | December |
Full Time Employees | 16,500 |
About BlackRock, Inc
BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston
Highlights
Analyst Target | 840.57 |
Market Cap | 110,465,802,240 |
PE Ratio | 19.81 |
PEG Ratio | 2.58 |
EBITDA | 6,088,000,000 |
Valuation
Trailing PE | 22.72 |
Forward PE | 19.53 |
Price/Sales (Trailing 12 Mt.) | 6.90 |
Price/Book (Most Recent Quarter) | 3.12 |
Technicals
Beta | 1.16 |
52 Week High | 783.36 |
52 Week Low | 318.67 |
50 Day Average | 714.88 |
200 Day Average | 668.81 |
Dividend
BlackRock, Inc pays out a dividend of $14.52 per share, with a dividend yield of 2.54%.
BLK's last dividend payment was made to shareholders on March 23, 2021.
They pay out 44.37% of their earnings out as a dividend.
Recent Dividends
Jun 24, 2024 | $5.10 |
Mar 22, 2024 | $5.10 |
Dec 22, 2023 | $5 |
Sep 22, 2023 | $5 |
Jun 23, 2023 | $5 |
Mar 23, 2023 | $5 |
Dec 23, 2022 | $4.88 |
Sep 23, 2022 | $4.88 |
Trump Reportedly Makes Decision On VP Pick, Says Running Mate Will Be At Debate
Former President Donald Trump has made a decision on his vice presidential nominee for the forthcoming election.
These Are The Top Democratic Contenders Who Could Succeed Biden If President Were To Bow Out Of
In the wake of a debate performance that drew widespread criticism, speculation has been reignited about whether President Joe Biden should bow out before the November election.
Amazon's Betting Big on This Unknown AI Company - Ad
Amazon has just made a stunning $144 million investment in one small AI company. Why? Because this under-the-radar firm holds the key to unleashing the full potential of next-gen AI... Its technology is crucial for the most advanced AI chips, including Nvidia's latest breakthrough.
XPeng's Flying Car Takes Off In China, Aims For Commercialization By End Of The Year
China's XPeng Inc. successfully showed off its flying car, the X2, at a trade fair, signaling a push towards commercialization in the low-altitude economy.
Trump Vs. Biden: New 2024 Election Poll Show Tie, But Here's Who Independent Voters Favor
A new 2024 election poll shows Donald Trump and Joe Biden tied. The poll shows inflation a key concern for voters moving forward.
Dem Election Plot To Create "Chaos Rally" Phenomenon? - Ad
A former CIA insider now predicts Biden dropping out August 19th... Will create the rare Chaos Rally profit opportunity... that could "turn the tables" on the Dem election plot to potentially collect huge financial gains. This kind of wealth-building event has only happened 3 times in American history.
Michael Dell Says Generative AI Tech Wave Sweeping In Much Faster Than Early Internet: 'It's Happening Maybe 10 Times Faster'
Michael Dell, CEO of Dell Inc., compared the rise of generative AI to major technological advancements like the internet, noting its rapid adoption and significant impact on the global market.
Surgeon general calls on Congress to require social media warning labels, like those on cigarettes
The U.S. surgeon general has called on Congress to require warning labels on social media platforms similar to those now .
America Has New Type of Money, Making Some Rich...Should You Get It? - Ad
One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.
Bitcoin, Ethereum, Dogecoin Rebound From Monday's Fall â How Long Before King Crypto Hits Current Range Highs Of $71.5K?
Leading cryptocurrencies bounced back Tuesday, a day after heavy sell-offs sent prices plummeting to an 8-week low.
Powerball Winnings Gone: What Happens To Unclaimed Lottery Tickets
Powerball winners often take home tens to hundreds of millions of dollars. Tickets that are lost or not claimed in time end in a different result.
The No. 1 Crypto of 2024 (Trading for Less Than 10 Cents) - Ad
25X Predicted For THIS Crypto -- Starting on June 24th, this tiny 3-cent crypto just partnered with one of the biggest companies in the world... Amazon. And one team of crypto experts has identified it as the most promising crypto of 2024. You can see all of the details surrounding the No. 1 Crypto of 2024 here.
Swiss criminal court to rule on alleged human-trafficking of Indians by billionaire Hinduja family
GENEVA (AP) — A criminal court rules Friday on whether members of a billionaire family engaged in illegal human trafficking and mistreated their servants, mostly illiterate Indians, who were employed at their luxurious lakeside villa in Geneva.
Nvidia Insiders Cash In Over $700M This Year As Jensen Huang $3.2 Trillion Chip Empire Continues To Swell (UPDATED)
Despite the numerous insider sellers, buyers have been scarce.
The World's First Trillion Dollar Drug - Ad
By 2030, Wall Street experts predict it could generate more revenue than the top 10 best-selling drugs... combined. Early investors stand to reap tremendous rewards as its growth surges 75,000% by 2030. Former hedge fund manager Ian King predicts this could become the world's first trillion-dollar drug. And he's recommending 3 little-known stocks to play this fast-moving trend.
US Supreme Court refuses to take up challenge to Florida's online sports betting compact
FORT LAUDERDALE, Fla. (AP) — The U.S. Supreme Court on Monday refused to take up a challenge to exclusive rights to handle online sports betting in Florida, dealing a blow to the deal's opponents.
Verizon, AT&T, And T-Mobile Set For Gains, Goldman Sachs Cites AI and Data Center Demand
Goldman Sachs analyst James Schneider initiates coverage on US Telecom Services and infrastructure sector, constructive on wireless carriers and data centers.
Former CIA Insider: Biden Wants Backroom Deal For Pardon? - Ad
A former CIA insider just made a stunning prediction: Is Biden making a backroom deal... To drop out of the presidential race... In exchange for a pardon for his crimes? This would create a rare economic phenomenon... The little-known "Chaos Rally". Good Americans who know exactly what to do could potentially collect huge financial gains.
What's Going On With Archer Aviation Stock?
Archer Aviation shares are trading higher Friday. The company announced a planned air mobility network in the San Francisco Bay Area on Thursday. Here's a look at what to know:
Hawaii: Cannabis Decriminalization Bill Fails Amid Unified Legislative Opposition
The cannabis decriminalization bill, SB2487, faced rejection from both supporters and detractors in Hawaii's state legislature
"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." - Ad
The former Goldman Sachs VP -- who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio -- is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."
Akio Toyoda, grandson of Toyota founder, wins shareholders' approval to stay in leadership
TOKYO (AP) — Toyota shareholders voted Tuesday , grandson of the Japanese automaker’s founder, as chairman on the board.
Before his summit with North Korea's Kim, Putin vows they'll beat sanctions together
SEOUL, South Korea (AP) — Russian President Vladimir Putin thanked North Korea for supporting his actions in Ukraine and said their countries will cooperate closely to overcome U.S.-led sanctions as he headed to Pyongyang on Tuesday for a summit with North Korean leader Kim Jong Un.
Nvidia Is Pivoting to Solve Big Tech's $1 Trillion Problem - Ad
Nvidia is the hottest company in the world thanks to its chip business. But here's the thing: Nvidia is making a massive $1 trillion pivot ... To solve AI's biggest problem. But it's not making this move by itself. A new set of companies are partnering with Nvidia in this trillion-dollar venture.
Amazon Boosts Indian Payments Business With $72M Investment To Take On Google Pay, Walmart-Backed PhonePe: Report
This story was first published on the Benzinga India portal.
Trump Is Raising Enough Money To Wipe Out Biden's Once Significant Cash Advantage
The campaign of former President Donald Trump has seen a significant increase in donations, surpassing that of President Joe Biden, following Trump's felony conviction.
Something BIG's About to Happen in America - Ad
The REAL truth behind what's happening in America right now is even worse than you thought. In fact, new evidence points to a secret Election Day shakeup, involving a sleeper candidate for President nobody is talking about... a controversial Chinese-owned app... and the most famous celebrity in the world today.
Instacart Inks Nationwide Pact With Sally Beauty - What's Going On?
Maplebear (Instacart) partners with Sally Beauty for nationwide same-day delivery, enhancing access to beauty products amid contrasting stock performances.
Chinese premier focuses on critical minerals and clean energy during Australian visit
MELBOURNE, Australia (AP) — Chinese Premier ends his Australian tour on Tuesday in the west coast city of Perth where he will focus on China’s investment in critical minerals and clean energy.
Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad
The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.
Cathie Wood's Ark Invest Acquires $7.3M Worth Of Shares In This Promising Netflix Competitor, Sells Off Coinbase Stock Amid Bitcoin Slump
On Wednesday, Cathie Wood-led Ark Invest made significant trades in Roku Inc (NASDAQ:ROKU) and Coinbase Global Inc (NASDAQ:COIN), amidst a volatile market.
Thailand has tried for years to solve its pollution problem. But 'haze season' always comes back
SAMOENG, Thailand (AP) — When the haze season comes, village chief Nanthawat Tiengtrongsakun and his tribesmen start preparing the land for fire.
This Is Where the World's Richest Men Are Putting Their Money - Ad
Bill Gates, Peter Thiel, Mark Zuckerberg -- they're pouring millions into something we call Imperium technology. And you can invest in this tech alongside them starting with just $10. Bill Gates called Imperium "one of the most powerful technologies of the 21st century."
This law is a lifeline for pregnant workers even as an abortion dispute complicates its enforcement
NEW YORK (AP) — Victoria Cornejo Barrera thought the legal helpline for workers sounded too good to be true.
Royal Caribbean Stock Is Rising Tuesday: What's Going On?
Royal Caribbean Cruises Ltd (NYSE:RCL) shares are trading higher Tuesday in sympathy with shares of Carnival Corp (NYSE:CCL), which jumped after the company reported better-than-expected quarterly results.
Biden Out By August 19? - Ad
A former CIA insider just announced a disturbing prediction... Biden will withdraw as the Democrat nominee before August 19. This former CIA advisor says the Dems already have Biden's replacement -- a shadow candidate hand-selected to defeat Trump.
UPS agrees to sell its freight-brokerage division for less than it paid for the business in 2015
ATLANTA (AP) — United Parcel Service said Sunday it agreed to sell its Coyote Logistics division to RXO for just over $1 billion — less than it paid for the freight-brokerage company in 2015 — to focus more on its core package-delivery business.
So long plastic air pillows: Amazon shifting to recycled paper filling for packages in North America
Amazon is shifting from the plastic air pillows used for packaging in North America to recycled paper because it's more environmentally sound, and it says paper just works better.
Nvidia Is Now Part of $3 Trillion Market Cap Club - Ad
Nvidia has become the third company ever to have a market cap greater than $3 trillion. And now, Nvidia is pivoting to the next AI frontier it plans to conquer. This recent move is valued at $1 trillion... at least. A small handful of Nvidia's other partners could see their own stocks benefit from it.
Aerospace Industry Faces More Downgrades, But Recovery Expected, Says Analyst
Boeing aims to acquire Spirit AeroSystems for $35 per share, analysts say it's a reasonable offer with potential for dilution and debt repayment. Airbus's earnings downgrade also weighs down on Boeing stock.
Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.