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 ...
Meta reported record quarterly revenue and net profit for Q4 2024 as it looks to massively boost spending on AI in 2025.
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.
The chemicals and materials science giant came up short on both the top and bottom lines amid declines in its largest segment.
In 2024, the Summers Value Fund LP (“the Fund”) delivered a net1 return of 27.4%. Click here to read the full letter.
In its quarterly financial results today, Meta revealed that its Reality Lab division saw its best ever Q4 revenue but, as ...
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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 ...
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