Movement Alert｜BlackRock Rises 3.05% in Regular Trading, Meta Data Center Joint Venture Lands as Asset Management Sector Rallies

Market Focus03:07

On August 4, BlackRock rose 3.05% in regular trading, trading at $1,122.34/share, with turnover of $4.47 billion. The move was driven by the formal landing of a strategic joint venture with Meta Platforms to develop AI data center infrastructure, coupled with broad strength across the asset management sector.

BlackRock and Meta agreed to form a joint venture to develop and operate a 1GW data center campus in El Paso, Texas. BlackRock-managed funds will hold an 80% equity stake with Meta retaining the remaining 20%. Both parties will contribute proportionally to approximately $14 billion in total development costs, with BlackRock committing $4.9 billion in cash. BlackRock also completed a $12.5 billion bond sale via a special-purpose vehicle to finance the project, with investor orders reaching approximately $20 billion. The transaction marks BlackRock's accelerating push into AI infrastructure private markets.

Within the Asset Management and Custody Banks sector, the broader group rallied notably. Blue Owl Capital rose 8.88%, Ares Management gained 7.58%, Blackstone Group rose 6.03%, and KKR advanced 5.08%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1132791152?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-04 03:07","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1132791152","market":"hk","top_or_hot":-1,"title":"Movement Alert｜BlackRock Rises 3.05% in Regular Trading, Meta Data Center Joint Venture Lands as Asset Management Sector Rallies","media":"Market Focus","content":"<p><p>On August 4, BlackRock rose 3.05% in regular trading, trading at $1,122.34/share, with turnover of $4.47 billion. The move was driven by the formal landing of a strategic joint venture with Meta Platforms to develop AI data center infrastructure, coupled with broad strength across the asset management sector.</p><p>BlackRock and Meta agreed to form a joint venture to develop and operate a 1GW data center campus in El Paso, Texas. BlackRock-managed funds will hold an 80% equity stake with Meta retaining the remaining 20%. Both parties will contribute proportionally to approximately $14 billion in total development costs, with BlackRock committing $4.9 billion in cash. BlackRock also completed a $12.5 billion bond sale via a special-purpose vehicle to finance the project, with investor orders reaching approximately $20 billion. The transaction marks BlackRock's accelerating push into AI infrastructure private markets.</p><p>Within the Asset Management and Custody Banks sector, the broader group rallied notably. Blue Owl Capital rose 8.88%, Ares Management gained 7.58%, Blackstone Group rose 6.03%, and KKR advanced 5.08%.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜BlackRock Rises 3.05% in Regular Trading, Meta Data Center Joint Venture Lands as Asset Management Sector Rallies</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜BlackRock Rises 3.05% in Regular Trading, Meta Data Center Joint Venture Lands as Asset Management Sector Rallies\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-08-04 03:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On August 4, BlackRock rose 3.05% in regular trading, trading at $1,122.34/share, with turnover of $4.47 billion. The move was driven by the formal landing of a strategic joint venture with Meta Platforms to develop AI data center infrastructure, coupled with broad strength across the asset management sector.</p><p>BlackRock and Meta agreed to form a joint venture to develop and operate a 1GW data center campus in El Paso, Texas. BlackRock-managed funds will hold an 80% equity stake with Meta retaining the remaining 20%. Both parties will contribute proportionally to approximately $14 billion in total development costs, with BlackRock committing $4.9 billion in cash. BlackRock also completed a $12.5 billion bond sale via a special-purpose vehicle to finance the project, with investor orders reaching approximately $20 billion. The transaction marks BlackRock's accelerating push into AI infrastructure private markets.</p><p>Within the Asset Management and Custody Banks sector, the broader group rallied notably. Blue Owl Capital rose 8.88%, Ares Management gained 7.58%, Blackstone Group rose 6.03%, and KKR advanced 5.08%.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BLK","symbol_name":"贝莱德","start_time":0,"source_url":"","article_id":"1132791152","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1132791152","pubTimestamp":1785784071,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On August 4, BlackRock rose 3.05% in regular trading, trading at $1,122.34/share, with turnover of $4.47 billion. The move was driven by the formal landing of a strategic joint venture with Meta...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BLK":"贝莱德"},"translate_title":"走势警报|贝莱德常规交易上涨 3.05%，资产管理板块上涨，元数据中心合资企业落地","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BLK":1},"content_text":"On August 4, BlackRock rose 3.05% in regular trading, trading at $1,122.34/share, with turnover of $4.47 billion. The move was driven by the formal landing of a strategic joint venture with Meta Platforms to develop AI data center infrastructure, coupled with broad strength across the asset management sector.BlackRock and Meta agreed to form a joint venture to develop and operate a 1GW data center campus in El Paso, Texas. BlackRock-managed funds will hold an 80% equity stake with Meta retaining the remaining 20%. Both parties will contribute proportionally to approximately $14 billion in total development costs, with BlackRock committing $4.9 billion in cash. BlackRock also completed a $12.5 billion bond sale via a special-purpose vehicle to finance the project, with investor orders reaching approximately $20 billion. The transaction marks BlackRock's accelerating push into AI infrastructure private markets.Within the Asset Management and Custody Banks sector, the broader group rallied notably. Blue Owl Capital rose 8.88%, Ares Management gained 7.58%, Blackstone Group rose 6.03%, and KKR advanced 5.08%.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.0","shortVersion":"4.47.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1132791152","isCrawlerRequest":true}