Blackstone Inc.(NYSE:BX) is seeing a lot of investment activity.
Clearbridge Investments LLC and
Schroder Investment Management Group have increased their stake, while other firms like
Uniting Wealth Partners and
Alliancebernstein have acquired and cut stake respectively. Notably,
Arrowstreet Capital Limited Partnership made an investment of $20.54 million and a large volume of call options were bought by investors, indicating a bullish sentiment. Despite the fluctuation in the stock, analyses remain positive for 2025 due to expectations of beating estimates in its next Earnings report.
Jim Cramer praised Blackstone's partnership with
CoreWeave.
Blackstone is potentially exiting from an A$1.8B Sydney Tower and contemplating a deal over TikTok US operations. Its buyout fund, however, closed late and below anticipated targets. Blackstone's fourth-quarter and full-year 2024 earnings are awaited and expected to show growth, notwithstanding a 12% price dip due to Trump tariffs.
Blackstone raised an $8 billion fund for commercial real estate investment and opened a $453B credit platform to individual investors.
Blackstone BX News Analytics from Mon, 14 Oct 2024 07:00:00 GMT to Sat, 05 Apr 2025 20:01:13 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor 2
