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TSMC (TSM.N) Q2 smartphone revenue fell 4% QoQ.

2026-07-16

TSMC (TSM.N) Q2 smartphone revenue fell 4% QoQ.

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2026-07-16

BlackRock's assets under management surpassed $15 trillion for the first time, with net inflows of $192 billion in the second quarter and a record $321 billion in the first half of the year, of which $178 billion came from ETFs. According to the late

BlackRock's assets under management surpassed $15 trillion for the first time, with net inflows of $192 billion in the second quarter and a record $321 billion in the first half of the year, of which $178 billion came from ETFs. According to the latest global asset management rankings, BlackRock remains firmly in first place, followed by Vanguard, Fidelity, State Street, and JPMorgan Chase, indicating a continued concentration of funds in the top players. The accelerated expansion is due to several factors. First, rising market prices automatically increase AUM and fee bases, while costs do not increase proportionally. Second, larger ETFs offer greater liquidity and fee advantages, making them easier to access pension funds, investment advisors, and institutional allocation systems. Simultaneously, BlackRock is expanding into infrastructure, private lending, and data services through acquisitions, attracting funds with low-fee ETFs and then using high-fee alternative assets and technology platforms to enhance profits. Therefore, scale is not merely a result, but rather reinforces its cost, distribution, and acquisition advantages.
2026-07-16

AUD/USD intraday gain widened to 0.50%, trading at 0.7009.

AUD/USD intraday gain widened to 0.50%, trading at 0.7009.
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