BX Stock Recent News

Dividend stocks just suffered a dip. We view this as a Christmas gift. I explain why and highlight 2 of our Top Picks to buy today.

The dollar surged 8% in 2024, fueled by the Fed's policy shifts and potential tariffs under President Trump. As inflation persists, the Fed's uncertain path adds volatility. Professional investors, including hedge fund managers, emphasize inflation protection. Infrastructure assets, particularly in renewable power and data centers, offer strong growth and income potential. Amid rising bond yields, I favor high-yielding stocks, especially in infrastructure and real estate, as these sectors benefit from inflation and offer stability and growth.

: Solid net inflows and a favorable operating backdrop drive BX's Q3 AUM balance higher. This supports the company's earnings.

Blackstone (BX) shares soared to a record high Thursday after the world's largest alternative asset manager reported its profit skyrocketed as a result of bringing in more investments.

While the top- and bottom-line numbers for Blackstone Inc. (BX) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Blackstone Inc. President Jon Gray says it's inevitable that "some excess return'' comes out of private credit after boom times in that market. But with Blackstone's credit arm now its largest business, he tells Bloomberg's Sonali Basak that the outlook is bright because the company's ``farm-to-table'' model puts investors directly in touch with borrowers.

Blackstone shares surged by 7% on Thursday after the world's largest alternative investment firm reported impressive quarterly earnings that exceeded Wall Street expectations. The firm's assets under management (AUM) reached a record $1.1 trillion, reflecting a robust growth trajectory in its investment portfolio.

An improvement in AUM and a rise in revenues drive BX's Q3 earnings.

Blackstone Inc. (BX) came out with quarterly earnings of $1.01 per share, beating the Zacks Consensus Estimate of $0.91 per share. This compares to earnings of $0.94 per share a year ago.

Blackstone President and COO Jon Gray joins "Squawk Box' to discuss the company's quarterly earnings results, what to expect in Q4, state of the economy, the Fed's rate path outlook, impact of the 2024 election, state of the private credit market, and more.