STOCK TITAN

Blackstone Inc - BX STOCK NEWS

Welcome to our dedicated news page for Blackstone (Ticker: BX), a resource for investors and traders seeking the latest updates and insights on Blackstone.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Blackstone's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Blackstone's position in the market.

Rhea-AI Summary
Blackstone (BX) to Acquire AIR Communities (AIRC) for $10 Billion, Investing $400 Million in Portfolio Enhancement
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
22.42%
Tags
none
-
Rhea-AI Summary
Rexford Industrial Realty, Inc. acquires 3 million sq ft of industrial properties in Southern California from Blackstone for $1.0 billion. The portfolio includes 48 properties with an average price of $332 per sq ft, generating a 4.7% initial cash yield and 5.6% stabilized cash yield. The investments were funded through senior note offerings and cash on hand, strengthening the company's position in the high-demand industrial market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.26%
Tags
-
Rhea-AI Summary
Blackstone Life Sciences partners with Moderna to invest $750 million in mRNA technology for influenza program, aiming to advance vaccine development and impact human health.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.35%
Tags
none
Rhea-AI Summary
Certified Collectibles Group (CCG) has entered into a definitive agreement to acquire James Spence Authentication (JSA), a leader in autograph authentication. The merger aims to provide seamless authentication, grading, and encapsulation services for collectors. CCG, a Blackstone portfolio company, and JSA, known for their extensive autograph database and expertise, will continue offering world-class services to collectors and dealers worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.05%
Tags
-
Rhea-AI Summary
Blackstone Credit & Insurance (BXCI) and Aligned Data Centers announce a strategic partnership with a $600 million credit facility for a new data center in Utah. The partnership aims to support Aligned's growth and meet global customer demands.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.71%
Tags
none
-
Rhea-AI Summary
Supergoop! appoints Lisa Sequino as CEO, bringing her extensive experience from JLo Beauty, Estee Lauder, and Procter & Gamble.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.14%
Tags
management
Rhea-AI Summary
Blackstone Charitable Foundation's LaunchPad program in Texas reaches $10 million in funding, supporting students at 12 schools to close the opportunity gap by providing entrepreneurial skills and internship opportunities. The program aims to prepare students for sustainable careers in a dynamic job market, offering workshops, speaker sessions, and networking opportunities. LaunchPad also provides internship opportunities at Blackstone, partner organizations, and select startups, emphasizing the development of an entrepreneurial mindset and access to resources for improved career outcomes.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.11%
Tags
none
-
Rhea-AI Summary
Blackstone (BX) invests in 7 Brew Coffee, a drive-thru beverage business, to fuel expansion across the U.S. 7 Brew, known for custom drinks and exceptional service, aims to grow with Blackstone's support. The investment reflects Blackstone's focus on strong franchise businesses and skilled operators.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.4%
Tags
none
-
Rhea-AI Summary
Blackstone (BX) CFO Michael Chae to present at Bank of America Securities 2024 Financial Services Conference. Webcast available on company website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.05%
Tags
conferences
Rhea-AI Summary
Blackstone (BX) announced the addition of Thomas R. Nides, a former Vice Chairman of Morgan Stanley, Deputy Secretary of State, and Ambassador to Israel, as Vice Chairman, Strategy, and Client Relations. Nides will support strategic firmwide initiatives, focus on senior client relationships globally, and bring a wealth of relationships across the financial, government, and geographic spectrum. Blackstone's Co-Founder, Chairman, and CEO, Stephen A. Schwarzman, expressed excitement about Nides joining the team, highlighting his extensive experience in both the public and private sectors. Nides expressed his enthusiasm for joining Blackstone and contributing to the firm's continued growth. With a B.A. from the University of Minnesota and a distinguished career in various leadership roles, Nides' addition is expected to further strengthen Blackstone's global investment platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.62%
Tags
none
Blackstone Inc

NYSE:BX

BX Rankings

BX Stock Data

149.63B
711.09M
1.02%
71.19%
2.55%
Portfolio Management
Finance and Insurance
Link
US
New York

About BX

blackstone is the world’s largest alternative asset manager. we seek to create positive economic impact and long-term value for our investors, the companies we invest in, and the communities in which we work. we do this by using extraordinary people and flexible capital to help companies solve problems. our $731 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis. further information is available at www.blackstone.com. follow blackstone on twitter @blackstone.