Blackstone (BX) has recently made several significant investment moves, making bids for Statkraft's wind and solar assets in India and signing a $6.5bn deal for data analytics firm, Enverus. Furthermore, the company recently confirmed a $3.5bn offer for IT giant TechnoPro. Financial groups, including Mitsubishi UFJ Asset Management, Banco Santander, and Goldman Sachs, bolstered their holdings in Blackstone, with Atria Wealth Solutions and ASR Vermogensbeheer N.V. buying new shares. Stocks have also been purchased by Citizens Financial Group, Commerce Bank, and Arkadios Wealth Advisors. However, Ranch Capital Advisors and Chicago Partners Investment Group lessened their BX positions. Despite some instabilities, BX's Q2 earnings exceeded estimates with a substantial revenue of US$3,712 million and net income of US$764 million. Blackstone has also committed US$25 billion to boost Pennsylvania's digital and energy infrastructure. Amidst some share selling, the overall sentiment remains positive, with Blackstone poised for higher revenues and dividends, thanks to its rising asset under management.
Blackstone BX News Analytics from Fri, 28 Mar 2025 07:00:00 GMT to Sat, 09 Aug 2025 10:21:04 GMT - Rating 8 - Innovation 4 - Information 5 - Rumor 2
