Squawk on the Street Markets Slide, Big Banks Kick Off Earnings Season, Exclusive With BlackRock CEO Fink 10/14/25
4 snips
Oct 14, 2025 
Larry Fink, Chairman and CEO of BlackRock, joins the discussion to reveal the firm's groundbreaking nearly $13.5 trillion in assets under management. He delves into the transformative impact of AI and digital assets, including tokenization and crypto initiatives. Fink advocates for long-term investing, explaining why staying invested beats timing the market. He also explores how partnerships between public and private sectors could sustain economic growth and questions whether the surge in AI investments is a bubble or a necessity for future success.
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Speculation Is Driving Short-Term Volatility
- Speculative “hope and prayer” stocks drove recent volatility and sudden sell-offs in futures and crypto.
- Jim Cramer warns that excess speculation has reached nauseating levels and can reverse quickly.
AI Deals Reshape Tech Supply Chain
- OpenAI-related deals are reshaping demand for chips and cloud compute across many companies.
- Broad industry moves (Oracle, AMD, Broadcom) are creating complex interdependencies and huge capital flows.
Banks Show Contrasting Risk And Opportunity Views
- Bank commentary shows divergent views: Jamie Dimon warns of froth while Charlie Scharf sees excess capital to deploy.
- Capital release (Wells Fargo cap lifted) can quickly shift a bank’s strategy toward buybacks and M&A.
