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(Bloomberg) -- Norm Ai has raised $120 million from investors in a new funding round to help automate legal services and rethink how the industry bills for its work. Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Sentences Official to Death Over $325 Million

Growth boosts valuation multiples, but it doesn’t always last forever. Companies that cannot maintain it are often penalized with large declines in market value, a lesson ingrained in investors who lost money in tech stocks during 2022.

Blackstone stock reacts to multi-index value benchmark additions Blackstone (BX) has been added to several Russell value benchmarks, including the Russell 1000 Value and Russell Top 200 Value indices. This development is drawing fresh attention to how investors may view the stock within the value segment. See our latest analysis for Blackstone. Blackstone’s recent inclusion across Russell value benchmarks comes after a mixed price pattern, with the share price up 7.4% over the past week but...

Financial stocks were higher in Monday afternoon trading, with the NYSE Financial Index rising 0.8%

Jersey Mike’s Subs has reportedly filed to debut on the NYSE under the ticker JMKE. Here’s what the company’s S-1 filing told us.

(Bloomberg) -- Executives at some of Wall Street’s biggest names have faced a barrage of recent questions about whether artificial intelligence has crippled the value of their software investments.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Millions on Hormuz Shuttle RunsModi’s Flagship Biofuel Push Faces Backlash From MotoristsFIFA Allows Balogun to Play After Trum

(Bloomberg) -- Csquare Inc., a data center company backed by Brookfield Corp., is seeking to raise as much as $1.35 billion in a US initial public offering.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Millions on Hormuz Shuttle RunsModi’s Flagship Biofuel Push Faces Backlash From MotoristsOil’s Supply Wave, Tumbling Prices Rekindle Fears of Global GlutThe company is

Blackstone Inc. (NYSE:BX) was among the stocks Jim Cramer commented on as he advised investors on how to take advantage of Wednesday’s market rotation. Cramer discussed the stock while explaining how doomsayers missed the mark on private credit. He said: How about the gains in the brokerage and private equity stock groups that have been […]

Anthropic helped lift BXPE as Blackstone increased AI investments and pointed to improving IPO conditions.

QTS retreat deals Digital Gateway another blow

It operates about 3,300 restaurants across the US and Canada, with annual systemwide sales of $4.3bn .

New Mexico regulators voted Thursday to nullify a year-old purchase of stock in the state’s largest electric utility by a private equity firm and issue penalties against both, finding they violated state law by completing the sale without approval. The Public Regulation Commission’s 2-1 vote delivers a sharp rebuke to both TXNM Energy — the parent company of Public Service Company of New Mexico ...

Kevin Carter/Getty Images Blackstone has moved to exit another of its top-performing portfolio companies, this time iconic American sandwich chain Jersey Mike’s Subs. The New Jersey-based business, known as much for its subs as it is for its association with actor and superfan Danny DeVito, filed an S-1 with the Securities and Exchange Commission on Thursday, paving the way for a debut on the New York Stock Exchange under the ticker “JMKE.” The number of shares on offer and the price range have

Financial stocks were higher in late Thursday afternoon trading, with the NYSE Financial Index risin

New Mexico regulators on Thursday moved to unravel a $400 million stock sale that gave Blackstone Inc. a foothold in the state’s largest electric utility, ruling that the transaction should have gone through a review process it never received. The three-member New Mexico Public Regulation Commission voted 2-1 on the order, siding with hearing examiners who recommended in early June that ...

Investing.com -- Blackstone Inc.'s QTS has decided to abandon plans to build its portion of a 2,100-acre data center campus in Virginia, according to a Bloomberg report Thursday.

Jersey Mike’s has a large, mostly franchised system, more than 3,300 locations, and $4.2 billion in 2025 systemwide sales.

Investing.com -- Jersey Mike’s Subs Inc., the sandwich chain backed by Blackstone Inc (NYSE:BX), filed for an initial public offering that would join a rebound in US listing activity. The company intends to list its Class A common stock on the New York Stock Exchange under the ticker symbol "JMKE." The proposed offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed. Morgan Stanley, Jefferies, and J.P. Morgan are actin

Blackstone (NYSE:BX) is exiting major Northern Virginia data center investments in a US$3.5b transaction with Digital Realty. The deal involves Blackstone selling significant data center stakes that were originally acquired within the past three years. Blackstone and Digital Realty plan to keep working together on new digital infrastructure projects in the U.S. and Europe. For investors watching Blackstone, this US$3.5b exit from Northern Virginia data centers highlights how the company is...

For most of the post-2008 era, Oppenheimer’s Chris Kotowski was the guy telling you to keep buying the big banks. He waved off the 2011 eurozone panic, the 2016 energy blowup, COVID, and the 2022 rate hikes. On June 30, 2026, he flipped. Kotowski cut Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS), Bank of America, and ... The Analyst Who Loved Bank Stocks for 15 Years Just Flipped. Here’s What He’s Buying Instead

With the announcement of the first custom AI chip from OpenAI, Wedbush has another reason to be bullish on Broadcom.

Blackstone will release its second-quarter earnings soon, and analysts anticipate a low double-digit bottom-line growth.

The deal expands Digital Realty's Northern Virginia hyperscale portfolio

US equity indexes were higher on Tuesday amid semiconductor-led gains in technology stocks. * US

DLR is set to acquire Blackstone's stake in three Northern Virginia data centers, strengthening its hyperscale portfolio and supporting future Core FFO growth.

Digital Realty will buy Blackstone interests in three Northern Virginia data centers using $1.2 billion cash and $2.3 billion stock.

Digital Realty Trust (DLR) said late Monday affiliates of Blackstone (BX) have commenced an underwri

Digital ‌Realty ‌said on Monday ​it would acquire a ‌majority ⁠stake in three ⁠fully ​leased ​Northern Virginia ​data ‌centers from Blackstone-managed funds in a ‌deal ​valuing ​the ​assets ‌at $7.8 billion. (Reporting ​by ​Jaspreet Singh ​in ‌Bengaluru; Editing ​by Vijay ​Kishore)

(Bloomberg) -- Wall Street bankers are on a high after record-setting offerings from SpaceX and Google parent Alphabet Inc., lifting expectations for deal activity in the rest of 2026.Most Read from BloombergTrump’s U-Turn on Iran Sanctions Would Unravel Decades of CurbsUS and Iran Agree to Halt Attacking Each Other Ahead of TalksOil Trades Near Four-Month Low as US and Iran Halt Fresh AttacksAramco Helicopter Crash in Ras Tanura Kills All 14 on BoardPrabowo Risks Prompt Global Banks to Pull Cas

Private credit funds are being swamped with redemption requests, but redemption limits aren't necessarily a bad thing.