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On April 4, the Oxford Economics Institute stated that the employment figures for March in the U.S. greatly overestimate the strength of the pre-war job market, as the data also reflects a decline in both the labor force and household employment. With the impact of the Iran war on actual economic activity, job growth is expected to slow down. The war's immediate effect on inflation is evident, but the negative impacts on consumer spending, business investment, and hiring will become more apparent in the coming months. The Oxford Economics Institute's baseline forecast remains that the Federal Reserve will overlook the one-time shock of rising oil prices and cut rates twice this year to guard against any potential weakness in the labor market.

This adjustment will apply to most lenders participating in this credit arrangement. The extension significantly enhances BlackRock's financial flexibility, providing stable funding support for its long-term strategic operations. As an important tool for short-term corporate financing, the extension of the revolving credit facility's maturity date helps optimize the company's liquidity management. Market observers point out that this move reflects BlackRock's robust financial condition and lenders’ continued confidence in its creditworthiness. In the current complex economic environment, such long-term financing arrangements lay a solid foundation for the sustainable development of enterprises.

According to the guidelines, after taking into account the impact of the acquisition of IPR&D (In-Process Research and Development projects with already obtained intellectual property) and milestone expenses occurring in the first quarter of 2026, the company expects full-year adjusted diluted earnings per share to be between $13.96 and $14.16.