Blackstone

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138 stories mentioning BlackstoneUpdated just now

An alternative-investment manager whose peers Blue Owl, Ares and Golub are targeting a $500 billion opportunity in Mexico's pension pool, per reports.

Sectors21d ago

Sector Update: Financial

Financial stocks were advancing in late Thursday afternoon trading, with the NYSE Financial Index rising 1% and the State Street Financial Select Sector SPDR ETF (XLF) adding 0.9%.The Philadelphia Housing Index was up 1%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) increased 0.2%.Bitcoin (BTC-USD) was rising 1.5% to $63,149, and the yield for 10-year US Treasuries fell 3 basis points to 4.539%.In corporate news, Blackstone (BX) and TPG (TPG) are looking to sell Hologic's surgical business for more than $4 billion, the Financial Times reported. Blackstone shares rose 2.8%, and TPG added 2%.

$BX$TPG

Wire21d ago

Deutsche Bank Adjusts Blackstone Price Target to $150 From $148

Blackstone (BX) has an average rating of overweight and mean price target of $140.71, according to analysts polled by FactSet.Price: $121.27, Change: $+2.65, Percent Change: +2.23%

$BX

Wire21d ago

Barclays Adjusts Price Target on Blackstone to $119 From $124

Blackstone (BX) has an average rating of overweight and mean price target of $140.71, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)Price: $120.70, Change: $+2.07, Percent Change: +1.75%

$BX

Sectors21d ago

Sector Update: Financial Stocks Edge Higher Premarket Thursday

Financial stocks were edging higher premarket Thursday, with the State Street Financial Select Sector SPDR ETF (XLF) advancing by 0.1%.The Direxion Daily Financial Bull 3X Shares (FAS) was up 0.4% and its bearish counterpart Direxion Daily Financial Bear 3X Shares (FAZ) was 0.3% lower.Barclays (BCS) is preparing to sell about $875 million of debt financing to support Blackstone (BX) and Tinicum's acquisition of UK aerospace supplier Senior, Bloomberg reported, citing unnamed sources familiar with the matter. Shares of Barclays were nearly 1% higher pre-bell.WisdomTree (WT) has launched the WisdomTree Space Economy Fund or WSPC on Nasdaq. Shares of WisdomTree were down more than 2% premarket.Bank of America (BAC) has invested in two deals in Germany's Schuldschein private debt market since last year, as part of efforts to secure medium-sized European clients, Bloomberg reported, citing people familiar with the matter. Bank of America stock was 0.2% higher pre-bell.

$BAC$BCS$BX$FAS$FAZ$WT$XLF

Sectors21d ago

Sector Update: Financial

$BCS$BX

Sectors28d ago

Sector Update: Financial Stocks Advance Late Afternoon

Financial stocks were higher in late Thursday afternoon trading, with the NYSE Financial Index rising 1% and the State Street Financial Select Sector SPDR ETF (XLF) adding 1.1%.The Philadelphia Housing Index was 0.1% lower, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 0.8%.Bitcoin (BTC-USD) was climbing 2.3% to $61,570, and the yield for 10-year US Treasuries rose 1 basis point to 4.485%.In economic news, the June employment report showed nonfarm payrolls rose by 57,000, according to the Bureau of Labor Statistics, below the 113,000 jump expected in a Bloomberg-compiled survey. May payrolls were revised downward to a 129,000 gain, and April payrolls were revised down to a 148,000 expansion, for a net downward revision of 74,000 jobs.In corporate news, CME (CME) said its average daily volume in June rose 19% to a record for the month of 30.6 million contracts from a year earlier, while Q2 ADV reached 29.8 million contracts, the second-highest for the period in the exchange operator's history. Its shares added 2.3%.Blackstone's (BX) QTS is scrapping its plans to build a portion of a large data center campus in Virginia after receiving significant pushback from residents there, Bloomberg reported. Blackstone shares were up 1.8%.Goldman Sachs (GS) said Thursday it will provide a $1,000 matching contribution to federal Trump Accounts, a new tax-deferred federal investment vehicle, for eligible children of its US employees. Goldman shares were down 0.4%.JPMorgan Chase (JPM) will join Gulf banks in helping arrange roughly $7 billion of debt financing for a Qatari company's projects in Syria, Bloomberg reported. JPMorgan shares were decreasing 0.2%.

$BX$CME$GS$JPM

Sectors28d ago

Sector Update: Financial

Financial stocks were advancing in late Thursday afternoon trading, with the NYSE Financial Index rising 1% and the State Street Financial Select Sector SPDR ETF (XLF) adding 1.1%.The Philadelphia Housing Index was 0.1% lower, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was up 0.8%.Bitcoin (BTC-USD) was climbing 2.3% to $61,570, and the yield for 10-year US Treasuries rose 1 basis point to 4.485%.In corporate news, Blackstone's (BX) QTS is scrapping its plans to build a portion of a large data center campus in Virginia after receiving significant pushback from residents there, Bloomberg reported. Blackstone shares were up 1.8%.

$BX

Wire28d ago

Market Chatter: Blackstone's QTS Abandons Virginia Data Center Plans

Blackstone's (BX) QTS is scrapping its plans to build a portion of a large data center campus in Virginia after receiving significant pushback from residents there, Bloomberg reported Thursday, citing people familiar with the matter.In recent days, QTS executives decided that the project wasn't worth a court battle, and the data center developer's attorneys plan to notify the court of its decision as soon as this week, the report said, citing the people.QTS didn't immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $121.78, Change: $+2.23, Percent Change: +1.87%

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Wire28d ago

Blackstone's QTS Abandons Virginia Data Center Plans, Bloomberg Reports

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Oil & Energy28d ago

Market Chatter: Kuwait Petroleum Seeks Bidder Consolidations for $7 Billion Kuwaiti Oil Pipeline Stake

Kuwait Petroleum has requested that global investment funds bidding for a $7 billion stake in its oil pipeline network form consortiums to consolidate competing bids, aiming to accommodate smaller investors with close ties to the state energy firm, Reuters reported Thursday, citing sources.The deal has drawn notable interest across the alternative asset management sector, with Blackstone (BX) also surfacing as a participant for the first time in the current multi-year wave of Middle Eastern national oil company asset sales.Blackstone joins a group of infrastructure heavyweights advancing to the next round of the competitive sale process, including Brookfield Asset Management (BAM), Apollo Global Management (APO), KKR (KKR), EIG Global Energy Partners, and BlackRock (BLK) alongside its newly integrated infrastructure division, Global Infrastructure Partners.Except for KKR, who declined to comment, none of the parties involved responded immediately to' request for comments.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

$APO$BAM$BLK$BX$KKR

Japan30d ago

US Equity Markets End Higher Amid Semiconductor-Led Technology Stock Gains

US equity indexes were higher on Tuesday amid semiconductor-led gains in technology stocks.* US job openings rose to 7.594 million in May, according to the Bureau of Labor Statistics, above the 7.296 million openings expected in a Bloomberg-compiled survey and up from the 7.585 million openings reported in April.* The Conference Board's measure of consumer confidence rose to 91.2 in June from a downwardly revised 90.6 in May, below the 94.4 predicted in a Bloomberg-compiled survey.* The Institute for Supply Management's Chicago PMI fell to 56.7 in June from 62.7 in May, compared with the 55.1 anticipated in a Bloomberg-compiled survey.* August West Texas Intermediate crude oil fell $0.67 to settle at $70.08 per barrel, while August Brent crude, the global benchmark, was last seen down $0.23 at $72.92.* SanDisk (SNDK) shares were up roughly 10%, the top gainer on the S&P 500 and Nasdaq, after Bernstein adjusted the price target for the company to $3,000 from $1,700 while maintaining its outperform rating.* Digital Realty (DLR) shares fell about 5.7%, the worst performer on the S&P 500, after the company said it priced a secondary public offering of 12.3 million shares by affiliates of Blackstone (BX) at $185 each.

Dow JonesNasdaq CompositeS&P 500$BX$DLR$SNDK

Wire30d ago

Goldman, Morgan Stanley, BofA, Citi Cut as Valuations Rise, Oppenheimer Says

Goldman Sachs (GS), Morgan Stanley (MS), Bank of America (BAC) and Citigroup (C) were downgraded as rising valuations make large-cap bank stocks less compelling, prompting a shift toward alternative asset managers, Oppenheimer said Tuesday in a report.Commercial and investment banks remain on solid growth paths, with no near-term catalysts expected to disrupt earnings, the report said. Even so, Oppenheimer noted that valuations have already moved to the upper end of historical ranges for commercial banks and well above average for investment banks, leaving less room for upside despite strong credit conditions, robust trading activity and a buoyant investment-banking cycle.Oppenheimer recommended investors rotate out of large-cap bank stocks and into alternative asset managers, particularly Ares Management (ARES), Blackstone (BX) and KKR (KKR), where it sees more attractive entry points.Oppenheimer downgraded Goldman and Morgan Stanley to underperform from perform, and cut Bank of America and Citigroup to perform from outperform.Price: $1009.49, Change: $-10.72, Percent Change: -1.05%

$ARES$BAC$BX$C$GS$KKR$MS

Sectors35d ago

Sector Update: Financial Stocks Mixed Late Afternoon

Financial stocks were mixed in late Thursday afternoon trading, with the NYSE Financial Index rising 0.2% and the State Street Financial Select Sector SPDR ETF (XLF) easing 0.2%.The Philadelphia Housing Index added 1.1%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) rose 0.2%.Bitcoin (BTC-USD) fell 3% to $59,162, and the yield for 10-year US Treasuries decreased 1 basis point to 4.392%.In economic news, annual inflation accelerated to 4.1% in May, the fastest print since April 2023, matching consensus, based on the personal consumption expenditures, or PCE, price index data from the Bureau of Economic Analysis. It follows a 3.8% gain in April. Core PCE inflation, which strips out food and energy, accelerated to 3.4% from a year ago, as expected, from 3.3% in April. That's the highest reading since October 2023.US real gross domestic product increased at a 2.1% annualized rate in the first quarter, up from 1.6% growth reported in the second estimate, according to latest official data Thursday.In corporate news, JPMorgan Chase (JPM) said Thursday Doug Petno and Troy Rohrbaugh, co-chief executives of JPMorgan's commercial and investment bank, have been named co-presidents of the firm, effective immediately. Shares rose 0.6%.Blue Owl Capital (OWL) is in advanced talks to acquire a minority stake of 5% to 10% in the National Basketball Association's Cleveland Cavaliers, Bloomberg reported. Shares were up 0.1%.CME (CME) is planning to introduce wind derivatives linked to markets in the US, Europe and Australia as renewable energy generation expands, Bloomberg reported. Shares fell 2.5%.Blackstone (BX) and Bain Capital are among the firms that have moved forward in the sale process for Fuji Media's property business, Sankei Building, Bloomberg reported. Preliminary bids reportedly value the real estate unit at about 1 trillion Japanese yen ($6.18 billion), potentially making it the largest property deal in Japan, the report said. Blackstone shares rose 1.1%.

$BX$CME$JPM$OWL

Sectors35d ago

Sector Update: Financial Stocks Mixed Thursday Afternoon

Financial stocks were mixed in Thursday afternoon trading, with the NYSE Financial Index rising 0.3% and the State Street Financial Select Sector SPDR ETF (XLF) decreasing 0.2%.The Philadelphia Housing Index was climbing 1.4%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) was down 0.2%.Bitcoin (BTC-USD) was up 0.3% to $59,628, and the yield for 10-year US Treasuries was decreasing 2 basis points to 4.38%.In economic news, annual inflation accelerated to 4.1% in May, the fastest print since April 2023, matching consensus, based on the personal consumption expenditures, or PCE, price index data from the Bureau of Economic Analysis. It follows a 3.8% gain in April. Core PCE inflation, which strips out food and energy, accelerated to 3.4% from a year ago, as expected, from 3.3% in April. That's the highest reading since October 2023.In corporate news, JPMorgan Chase (JPM) said Thursday that Doug Petno and Troy Rohrbaugh, co-chief executives of JPMorgan's commercial and investment bank, have been named co-presidents of the company, effective immediately. JPMorgan shares were up 0.7%.CME (CME) is planning to introduce wind derivatives linked to markets in the US, Europe and Australia as renewable energy generation expands, Bloomberg reported. CME shares were down 2.6%.Blackstone (BX) and Bain Capital are among the firms that have moved forward in the sale process for Fuji Media's property business, Sankei Building, Bloomberg reported. Preliminary bids reportedly value the real estate unit at about 1 trillion Japanese yen ($6.18 billion), potentially making the transaction the largest property deal in Japan, the report said. Blackstone shares rose 2.2%.

$BX$CME$JPM

International36d ago

US Equity Markets Mixed as Crude Oil Prices, Government Bond Yields Fall

US equity indexes were mixed on Wednesday amid a decline in crude oil prices and government bond yields.* US new-home sales decelerated to a 580,000 annual rate in May from an upwardly revised 626,000 rate in April, below the 640,000 rate expected in a Bloomberg-compiled survey. Home sales were down 6.8% from May 2025.* The market composite index, which measures mortgage application volume, increased 1% in the week ended June 19. On an unadjusted basis, the index decreased 10% compared with the previous week.* August West Texas Intermediate crude oil fell $3.23 to settle at $69.99 per barrel, while August Brent crude, the global benchmark, was last seen down $3.84 at $73.24.* In an analyst note, UBS named American Airlines Group (AAL) and United Airlines Holdings (UAL) as its top picks ahead of Q2 results. United Airlines shares were up nearly 6%, among the top gainers on the S&P 500.* Blackstone (BX) is preparing to invest $30 billion in AI data centers in Japan within the next three to five years, Nikkei Asia reported, citing an interview with Chief Operating Officer Jonathan Gray. Blackstone shares were down about 6.4%, the second-worst performer on the S&P 500.

Dow JonesNasdaq CompositeS&P 500$AAL$BX$UAL

Sectors37d ago

Sector Update: Financial Stocks Advance Late Afternoon

Financial stocks were increasing in late Tuesday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF (XLF) each adding 0.2%.The Philadelphia Housing Index was down 0.2%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) gained 1.5%.Bitcoin (BTC-USD) was falling 3.3% to $62,249.7, and the yield for 10-year US Treasuries decreased 1.2 basis points to 4.50%.In economic news, the June flash reading of manufacturing conditions from S&P Global rose to a 49-month high of 55.7 from 55.1 in May, in contrast with an expected decrease to 54.6 in a survey compiled by Bloomberg.Redbook US same-store sales surged 10% from a year earlier in the week ended June 20 after a 9.4% year-over-year increase in the previous week.In corporate news, Goldman Sachs' (GS) equities business is on track to generate more than $5 billion in revenue in Q2, Bloomberg reported. Goldman shares were down 1%.Apollo Global Management (APO) has restricted investor redemptions for its private credit fund, Apollo Debt Solutions, following a surge in share repurchase requests from stakeholders. Apollo shares fell 2.9%.Korn Ferry (KFY) on Tuesday reported higher fiscal Q4 results, although the consulting firm issued an outlook calling for lower earnings in the current quarter. Its shares rose 5.1%.Blackstone (BX) is preparing to invest $30 billion in AI data centers in Japan within the next three to five years, Nikkei Asia reported, citing an interview with Chief Operating Officer Jonathan Gray. Blackstone shares declined 2.9%.

$APO$BX$GS$KFY

Wire37d ago

Update: Market Chatter: Varonis Weighs Sale Options Amid Private Equity Interest, Shares Rise

(Updates to add share movement in paragraph 3 and headline)Varonis Systems (VRNS) is exploring a potential sale after receiving takeover interest from private equity firms including Blackstone (BX), Thoma Bravo and Vista Equity Partners, Bloomberg reported Tuesday, citing people familiar with the matter.The deliberations are at an early stage and there is no certainty the company will pursue a sale or reach a deal, according to the report.Shares of Varonis were up over 8% in afternoon trading.Varonis did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $35.44, Change: $+2.73, Percent Change: +8.35%

$BX$VRNS

Sectors37d ago

Sector Update: Financial Stocks Rise Tuesday Afternoon

Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index increasing 0.2% and the State Street Financial Select Sector SPDR ETF (XLF) ahead 0.4%.The Philadelphia Housing Index added 0.4%, and the State Street Real Estate Select Sector SPDR ETF (XLRE) gained 1.5%.Bitcoin (BTC-USD) was falling 2.5% to $62,361, and the yield for 10-year US Treasuries was decreasing 3 basis points to 4.479%.In economic news, the June flash reading of manufacturing conditions from S&P Global rose to a 49-month high of 55.7 from 55.1 in May, in contrast with an expected decrease to 54.6 in a survey compiled by Bloomberg.Redbook US same-store sales surged 10% from a year earlier in the week ended June 20 after a 9.4% year-over-year increase in the previous week.In corporate news, Apollo Global Management (APO) has restricted investor redemptions for its private credit fund Apollo Debt Solutions following a surge in share repurchase requests from stakeholders. Apollo shares were down 2.7%.Blackstone (BX) is preparing to invest $30 billion in AI data centers in Japan within the next three to five years, Nikkei Asia reported, citing an interview with Chief Operating Officer Jonathan Gray. Blackstone shares fell 2.3%.Korn Ferry (KFY) on Tuesday reported higher fiscal Q4 results, although the consulting firm issued an outlook calling for lower earnings in the current quarter. Its shares rose 5.3%.

$APO$BX$KFY

Wire37d ago

Market Chatter: Blackstone Plans to Invest $30 Billion in Japan AI Data Centers

Blackstone (BX) is preparing to invest $30 billion in AI data centers in Japan within the next three to five years, Nikkei Asia reported Tuesday, citing an interview with Chief Operating Officer Jonathan Gray.The risk of underproducing computing resources surpasses concerns about an AI bubble, Gray said, according to the report.Blackstone is in talks to build facilities surpassing a capacity of 1 gigawatt, the report said.Blackstone did not immediately reply to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $120.90, Change: $-2.36, Percent Change: -1.91%

$BX

Wire37d ago

Market Chatter: Varonis Systems Weighs Sale Options Amid Private Equity Interest

Varonis Systems (VRNS) is exploring a potential sale after receiving takeover interest from private equity firms including Blackstone (BX), Thoma Bravo and Vista Equity Partners, Bloomberg reported Tuesday, citing people familiar with the matter.The deliberations are at an early stage and there is no certainty the company will pursue a sale or reach a deal, according to the report.Varonis did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)Price: $37.75, Change: $+5.04, Percent Change: +15.39%

$BX$VRNS

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