Danny Lewis

speaker

369 appearances 6 recordings 1 series first heard Jul 2026 last heard 4 Aug

Danny Lewis’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months

Recordings per month over the last 12 months — 6 in all, peaking in Jul 2026 with 4.

Appearances

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WSJ What’s News · Who Are the Millions of Americans Locked Out of the Job Market? · 15 Jul 2026 podcast

BlackRock posted bumper quarterly results, and it made history as the first investment firm to manage more than $15 trillion in assets.

The company took in $192 billion in new client money during the second quarter.

That, plus booming stock markets, increased its assets under management by more than $1 trillion.

And on a call with analysts, BlackRock chief executive Larry Fink said he thinks the rally in stocks still has more room to run.

BlackRock shares closed up 6.6%.

BlackRock's far from the only company benefiting from the stock market rally.

Wall Street's biggest banks are on pace to have their best trading year ever.

According to a slate of second quarter earnings released this week, their trading desks brought in gargantuan hauls.

And a Wall Street Journal analysis found that the five largest investment banks are on track to log nearly $180 billion in trading revenue this year if they continue at their current pace.

WSJ reporter Ben Glickman joins us now to explain what's going on.

Ben, how much is the current market benefiting big banks?

Like, who's coming out on top here?

Generally, though, the margins that banks make on trades is vanishingly small, right?

Like how are they making so much off of these fees?

That's WSJ reporter Ben Glickman.

Thanks for joining us.

Mega cap tech companies helped push indexes higher today.

Apple, Alphabet, Microsoft, and Amazon all rose more than 2.5%.

And the NASDAQ led the gains in the major indexes.

It closed up 0.6%.

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