Blackstone's Q4 Profit Surges as Dealmaking Gathers Momentum, AUM Hits Record High
Profit Surges as Dealmaking Gathers Momentum, AUM Hits Record High (Reuters) - Blackstone trounced Wall Street estimates for fourth-quarter profit on Thursday, fueled by a pickup in dealmaking, while the assets under management at the world's largest alternative investment firm reached a record $1.
After entering a technical recession in 2022, the U.S. economy has proven resilient even amid high interest rates.
Dow said the staff reductions are part of a plan to cut $1 billion in costs, citing “persistently weak macroeconomic ...
Tesla shares bumped higher in early Thursday trading following a disappointing fourth quarter earnings update that was ...
Microsoft shares fell in Europe on Thursday after it issued a downbeat forecast for its cloud business, while Facebook parent ...
U.S. gross domestic product grew by 2,3% in Q4 2024 after expanding by 3.1% in Q3. Consumption was the lion's share of growth as investment fell on inventory declines.
SiriusXM, which has been trimming staff and regrouping in several areas, reported better-than-expected results in the fourth quarter.
IBM (NYSE: IBM) stock has surged significantly in after-hours trading by 10% and 9% in pre-market trading. This is due to IBM reporting solid Q4 2024 results and bullish guidance for 2025. Here’s ...
The chemicals and materials science giant came up short on both the top and bottom lines amid declines in its largest segment.
The fund fared better than its S&P 500 Utilities Index benchmark in the fourth quarter. Favorable stock selection and ...
Analyst John Murphy of Bank of America Securities maintained a Buy rating on Group 1 Automotive (GPI – Research Report), boosting the price ...
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Tesla’s fourth-quarter adjusted profits rose slightly amid a big push to sell its electric vehicles with offers of zero ...
The Fund (Class Z) underperformed its benchmark, the MSCI World Value Index, for the quarter ended December 31, 2024. Read ...
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