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Blackstone beats estimates on strong dealmaking activity

Blackstone , the world’s largest alternative asset manager, beat Wall Street expectations for fourth-quarter profit on Thursday, as it cashed in on heightened dealmaking activity and saw growth in its data center business.

Shares of the New York-based firm rose 1% in premarket trading.
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Financial investors and corporations piled back into mergers and acquisitions in 2025 after a volatile start, helped by easing interest rates and lessening policy uncertain… [2671 chars]

Source: Reuters | Published: 2026-01-29T12:01:47Z

Credit: Reuters

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