Jersey Mike's Subs (JMKE) priced its IPO of 43.5 million shares of Class A common at $23 a share, fo
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The sandwich chain is going public on Thursday. It will test the appetite of investors after blockbuster debuts like Elon Musk’s SpaceX.
Exciting developments are taking place for the stocks in this article. They’ve all surged ahead of the broader market over the last month as catalysts such as new products and positive media coverage have propelled their returns.
Investors got three new private-asset options in July. Companies behind the new funds say they are designed as long-term investments.
(Bloomberg) -- Jersey Mike’s Subs Inc. and some of its shareholders raised $1 billion in an initial public offering that priced at the midpoint of its marketed range.Most Read from BloombergStocks Fall as 30-Year Bond Yields Surge After Fed: Markets WrapWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionTrump Says US Will Strike Iran Hard as War Escalates AgainUS Intercepts Iran Attack on Bases, Puncturing Days of CalmApple Set to Make Big Smart Home Push With Siri AI at CenterThe Ti
Blackstone stock has delivered a 37.4% gain over the past three years, yet current checks suggest the shares trade at a premium, with both the Excess Returns intrinsic value estimate and earnings-based multiples pointing to overvaluation. A 37.4% return over three years highlights that long-term holders of Blackstone have already seen a meaningful payoff, which can limit the margin of safety at today’s price. Blackstone’s push into AI related investments and new products may support long-run...
Private credit is a fast-growing business for large asset managers like Blackstone.
Blackstone (NYSE:BX) is leading a consortium in a joint venture with Kuwait Oil Company. The deal is structured as a 20.5-year lease and leaseback of Kuwait's entire domestic and export pipeline network. The transaction represents the largest foreign direct investment in Kuwait's history. For investors tracking Blackstone, this Kuwait Oil Company venture highlights how the firm uses large scale infrastructure deals to deploy capital. NYSE:BX operates across private equity, real estate,...
The sandwich chain is set to go public at an $8 billion valuation after the private-equity firm reduced expenses.
(Bloomberg) -- For months, Big Tech has flooded debt markets with mega bonds that were initially snatched up by investors keen to get exposure to the artificial intelligence boom. As demand wanes and bubble concerns mount, those deals are becoming harder and costlier to get over the line. Most Read from BloombergChip Rout Deepens on Circular Funding, China Competition FearsNvidia’s $750 Billion in Deals Reignite Circular AI FearsCitadel Securities Sees Warsh Delivering Surprise Fed HikeApple Set
Investing.com -- Koch Inc. is considering a sale of Edged, the data center developer it cofounded, in a transaction that could exceed $15 billion, according to a Bloomberg report Tuesday.
TROW is set to report Q2 results as rising AUM, advisory fees and net inflows support expectations despite ongoing expense pressures.
KKR's Q2 results, set to be reported on July 30, are likely to benefit from higher AUM, management fees and revenues, while elevated expenses remain a concern.
(Bloomberg) -- Jersey Mike’s Subs Inc.’s initial public offering has attracted investor demand for more than 10 times the available shares ahead of pricing on Wednesday, according to people familiar with the matter.Most Read from BloombergDeepSeek Suspends Fundraising After Viral US-China PostsChina Chipmaker CXMT Jumps 466% in Debut After Blockbuster IPONvidia’s $750 Billion in Deals Reignite Circular AI FearsUS, Iran Extend Pause in Strikes as Oman Holds Hormuz TalksSpaceX at $100 Would Imply
Blackstone Inc. reported second-quarter results on Thursday that topped Wall Street expectations, as strong fee-related earnings, fundraising and AI-driven investments boosted profitability. Blackstone Earnings Top Estimates Distributable earnings came in at $1.52 per share, beating the analyst consensus estimate of...
Blackstone Inc. (NYSE:BX), among the largest alternative asset managers with more than $1.3 trillion under management, delivered a broad earnings beat and addressed investor concerns over realizations and retail redemptions, yet shares struggled to hold gains as investors continued to question when earnings normalization will translate into sustained growth. A Beat Across the Board Blackstone […]
(Bloomberg) -- The US and Iran held off attacks on one another for a third straight night, helping lift global stock and bond markets and push down oil prices.Most Read from BloombergDeepSeek Suspends Fundraising After Viral US-China PostsUS, Iran Extend Pause in Strikes as Oman Holds Hormuz TalksSpaceX at $100 Would Imply Zero AI Value, Morgan Stanley SaysChina Chipmaker CXMT Jumps 535% in Debut After Blockbuster IPOAwakened Indian Students Hand Modi One of His Biggest SetbacksUS President Dona
Private credit isn't even the main story at Blackstone.
Investing.com -- Kuwait Petroleum Corporation has signed a $16 billion lease and leaseback agreement covering its crude oil pipeline network with Blackstone, KKR and Brookfield, Reuters reported.
(Bloomberg) -- Kuwait has agreed a $16 billion infrastructure partnership with Blackstone Inc., Brookfield Asset Management Ltd. and KKR & Co. involving its oil-export pipelines, even as the Gulf nation comes under daily attacks from Iran.Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandSpaceX at $100 Would Imply Zero AI Value, Morgan St
Blackstone Inc. (NYSE: BX) told investors this morning that it has seen signs of decreasing redemption demand in its flagship non-traded BDC, which CEO Jon Gray attributed to a diminishing “level of noise” by the media. Blackstone’s non-investment-grade private credit strategies posted a gross return of 1% in Q2, and a trailing twelve-month gross return of 7%. Its overall credit business ended Q2 with $84 billion in dry powder, nearly a third higher than at the start of the quarter. “It’s early
Lazard's Q2 results are hurt by weaker Financial Advisory revenues and higher expenses. Shares fell 1.2% despite growth in Asset Management and AUM.
Blackstone's AI investments, record assets and nearly $70B in quarterly inflows are driving growth across data centers, credit and private markets.
Blackstone (NYSE:BX) reported a strong Q2 profit surge linked to AI related investments. Management highlighted contributions from AI exposure across its private equity, private credit, and real estate units. Infrastructure holdings and fresh inflows into the private equity business were cited as key areas of outperformance. For investors tracking large alternative asset managers, Blackstone sits at the center of several long running shifts in capital markets, including the growth of...
Blackstone Inc (BX) reports robust earnings with significant growth in assets under management and strategic investments in AI, despite geopolitical challenges.
Blackstone (NYSE:BX) reported sharply higher second-quarter 2026 earnings as executives said the firm’s early and aggressive positioning around artificial intelligence infrastructure is driving investment performance, fundraising and new business formation across the platform. Weston Tucker, Blacks
The variable payout increased from $1.16 in the previous quarter.
Blackstone CEO Stephen Schwarzman said Thursday that his firm has been selective in its investments in the AI infrastructure boom as the company delivered a jump in profits for the second quarter.