Birdwatch Note Rating
2024-02-16 09:45:06 UTC - NOT_HELPFUL
Rated by Participant: 851BEEBE6F7D80CD0243575B4498DA97DC572736A9109FA3C234A339187932F2
Participant Details
Original Note:
This claim is false. BlackRock does not own General Dynamics, Boeing, and Lockheed Martin directly. Rather, BlackRock, like many investment firms, hold shares of companies as part of its investment portfolio on behalf of clients (individuals and retirement funds) https://www.investopedia.com/articles/investing/111715/how-vanguard-index-funds-work.asp https://www.cnbc.com/2023/10/23/vanguard-blackrock-state-street-dont-own-major-us-corporations.html
All Note Details