Shares of alternative investment giant Blackstone (NYSE: BX) rallied 4.5% today as of 2:06 p.m. ET. Blackstone reported second-quarter earnings today that came in well ahead of an

Blackstone reported a 25% jump in second-quarter profit on Thursday, as the world's largest alternative asset manager benefited from robust gains in its credit and private equity arms. Its distributable earnings,

Blackstone deployed $6.2B into new CRE investments in the second quarter, less than the $7.2B it raised for the asset class over the same period.

Blackstone is accelerating its IPO preparations amidst a positive market outlook, driven by trade negotiations and economic resilience. With a notable rise in profits from various sectors, particularly credit investments,

(Reuters) -Blackstone CEO Stephen Schwarzman said on Thursday the asset manager is preparing some of its portfolio companies for initial public offerings over the next few quarters.

Blackstone president and COO Jon Gray on Thursday became the latest high-ranking Wall Street executive to declare that a dealmaking freeze triggered by President Trump's tariffs is now firmly in the past.

And another thing: Blackstone president Jonathan Gray has said Trump’s recent trade deals and sweeping tax cuts have fuelled a “restoration of confidence” in US financial assets, just months after the president’s trade wars threatened to throw the world’s largest economy into recession.

Blackstone beat earnings and revenue forecasts as fees and assets under management grew. Blackstone ( BX) shares gained after the investment management firm posted better-than-expected results and raised its dividend as fees and assets under management (AUM) took off.

Blackstone Inc. is seeking the largest loan secured against an office building in Europe since interest rates spiked in 2022, a test for the nascent recovery that’s taking hold of the continent’s commercial property markets.

Blackstone CEO Steve Schwarzman said the firm is preparing "a number of companies" for IPOs as the economy shows signs of stabilizing.