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Blackstone, KKR, and Brookfield formed a $16B joint venture to acquire 49% of Kuwait's crude pipeline network, supporting Kuwait's plan to boost oil output to 4M bpd by 2035. Both Blackstone and KKR …
Blackstone posted a strong Q2 earnings beat, driven by AI-linked investment gains and record AUM, but shares stayed flat as investors await sustained growth and monitor retail redemption trends in pr…
Blackstone COO Jon Gray says AI infrastructure demand still outpaces supply, dismissing oversupply fears. However, Meta/SpaceX renting excess compute capacity and a 16% semiconductor index pullback s…
Banks like JPMorgan are surging over 18% on record IPO and M&A activity, while private equity giant Blackstone lags, down over 20% YoY amid deal backlog and redemption pressures.