Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
- Leading asset manager BlackRock, Inc (NYSE:BLK) downsized its workforce affecting 500 employees or less than 3% of its employee strength.
- BlackRock restructured its teams after 2022's dramatic market when U.S. stocks scaled record lows since 2008, Reuters reports.
- BlackRock had 19,900 employees as of September 30.
- Goldman Sachs Group, Inc (NYSE:GS) took a similar step in a sweeping cost-cutting drive.
- BlackRock CFO Gary Shedlin had shared its plans of freezing most hiring and reducing expenses due to short-term performance challenges.
- BlackRock will likely post a 22.4% drop in fourth-quarter profit to $8.09 per share, the report added, when it reports results on Friday.
- Also Read: Amazon's Hardware Staff First To Face Brunt Of Downsizing
- Price Action: BLK shares closed lower by 0.18% at $755.92 on Wednesday.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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