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 ...
The chemicals and materials science giant came up short on both the top and bottom lines amid declines in its largest segment.
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.
In 2024, the Summers Value Fund LP (“the Fund”) delivered a net1 return of 27.4%. Click here to read the full letter.
JPMorgan says Meta Platforms (META) reported strong Q4 results with an outlook that is “more mixed,” largely due to higher expenses, and framed ...
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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 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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