Blackstone, a major global investor in data centers that run A.I. systems, expects use of the technology to rise as the cost of computing power falls. By Maureen Farrell The Chinese A.I. start-up ...
Distributable EPS came in at $1.69 in Q4, surpassing analyst estimates of $1.47. Blackstone's net income surged 364% to $704 million from $152 million in the previous year. Assets under management ...
Blackstone, the world’s largest alternative asset management firm, is all-in on Manhattan’s turnaround after the COVID pandemic crippled the commercial real estate market. The firm’s effort ...
(Bloomberg) -- Blackstone Inc. has hired financial advisers to explore the sale of song rights, including music from Bob Dylan, Adele and Ariana Grande, that it expects to fetch $3 billion or more ...
Sanofi has agreed a deal with life sciences investor Blackstone to help fund clinical trials of a new formulation of Sarclisa for blood cancer multiple myeloma, accelerating its development.
Blackstone Q4 revenue rose 8% Y/Y to $4.15B, with EPS of $1.69 beating estimates. AUM reached $1.127T with $57.5B inflows; declared a $1.44 dividend. Get Wall Street's Hottest Chart Every Morning ...
(Bloomberg) -- Blackstone Inc. is elevating two key executives at its private equity arm. Joe Baratta, the longtime face of Blackstone’s signature buyout fund, will oversee private equity ...
Updates at 8:47 AM ET to reflect Blackstone's announcement of the deal in headline and first paragraph. Adds Blackstone executive comment in fifth paragraph. DDN, which operates a platform to make ...
NEW YORK, Jan 30 (Reuters) - Blackstone (BX.N), opens new tab is in talks to buy a sizeable stake in a New York City 50-story office building from institutional investors of JPMorgan Asset ...
Fee-related earnings jump to quarterly record Blackstone's Q4 inflows hit $57.5 billion Execs forecast real-estate recovery in later half of 2025 Jan 30 (Reuters) - Blackstone (BX.N), opens new ...