BlackRock raises risk allocation, increasing its $185 billion portfolio in U.S. stocks and AI

ChainCatcher news, according to Jinshi reports, the world's largest asset management company BlackRock (BLK.N) has significantly increased its holdings in U.S. stocks and expanded its exposure to the artificial intelligence (AI) sector in its model portfolio, which amounts to $185 billion. After adjustments, the overall stock holdings of these portfolios are overweight by 2%. Data shows that after BlackRock completed its asset allocation adjustments, its exchange-traded funds (ETFs) experienced billions of dollars in capital flows. BlackRock stated that the relatively strong earnings performance of U.S. companies will drive U.S. stocks to continue rising.