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Blackstone reaffirms big bet on AI data centers
Blackstone Still Bullish on A.I. Data Centers Despite DeepSeek
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.
Blackstone holds firm on data center investments despite DeepSeek turmoil
Blackstone said on Thursday its massive investments in data centers would not be undermined by the low-cost artificial intelligence models from China's DeepSeek, as the need for physical infrastructure was still vital for AI.
Blackstone reaffirms big bet on AI data centers — despite DeepSeek threat
Blackstone said Thursday its massive investments in data centers would not be undermined by the low-cost artificial intelligence models from China’s DeepSeek, as the need for physical infrastructure was still vital for AI.
Record Figures for Blackstone
Blackstone's profit surges as dealmaking rebounds, execs signal CRE recovery
Blackstone beat estimates for fourth-quarter profit on Thursday, driven by a pickup in dealmaking, while executives at the world's largest alternative asset manager signaled that the troubled commercial real estate sector was stabilizing.
BX Earnings: Record Figures for Blackstone as Dealmaking Surges
Blackstone (BX), the world’s largest alternative investment firm, has delivered “one of the best quarters in our history” as the improved
Blackstone (BX) Q4 2024 Earnings Call Transcript
Blackstone (NYSE: BX) Q4 2024 Earnings Call Jan 30, 2025, 9:00 a.m. ET Good day, and welcome to the Blackstone fourth-quarter and full-year 2024 investor call. Today's call is being recorded. [Operator instructions] At this time, I'd like to turn the conference over to Weston Tucker, head of shareholder relations. Please go ahead.
New York, Blackstone
Blackstone in talks to buy stake in New York office building-sources
Blackstone is in talks to buy a sizeable stake in a New York 50-story office building from institutional investors of JPMorgan Asset Management, two sources familiar with the matter said on Thursday.The planned move comes as Blackstone executives signalled on an earnings call that the troubled commercial real estate sector was stabilizing.
Blackstone Set for New York Office Comeback With Midtown Buy
Blackstone Inc. is nearing an agreement to purchase a Midtown Manhattan tower, which would mark a return to New York office dealmaking for the world’s biggest real estate investor.
Blackstone nearing pact to buy office tower in midtown New York - report
Blackstone (NYSE:BX) is close to an agreement to acquire 1345 Avenue of the Americas, a 50-story midtown Manhattan office tower with 1.9M square feet of space, according to a media report on Thursday.
24m
on MSN
Inside Blackstone’s CEO selection process
As one of the world’s largest asset managers, overseeing $1.1 trillion in investments, Blackstone takes CEO appointments at ...
1h
Blackstone price target lowered to $186 from $192 at Barclays
Barclays analyst Benjamin Budish lowered the firm’s price target on Blackstone (BX) to $186 from $192 and keeps an Equal Weight rating on the ...
32m
Blackstone-Millville Regional High School closed Friday after social media threat
Blackstone-Millville Regional High School will be closed Friday after a student told police a threat was made against them ...
15h
Blackstone Results Powered by Infrastructure Investments
The firm is sticking with the strategy, which includes backing data centers, after it drove near-record earnings.
23h
Blackstone President Jon Gray Calls the Bottom After Office-Market Rout
Blackstone Inc., the world’s largest commercial property owner, said the worst is over for the global office market after a ...
14h
Blackstone announces 1,120% jump in net income
Net income for the quarter totaled $1.3 billion, or $0.92 per share, in a 1,120% increase from $109 million a year earlier.
52m
Blackstone Full Year 2024 Earnings: Beats Expectations
Net income: US$2.78b (up 100% from FY 2023). Profit margin: 22% (up from 18% in FY 2023). The increase in margin was driven ...
12h
on MSN
Blackstone nears major deal for NYC office tower in latest sign of post-COVID real estate comeback
Stephen A. Schwarzman-led Blackstone also signed the largest Manhattan office lease of 2024 at Rudin’s 345 Park Ave.
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