Blackstone Group (BX) Stock News

Anthropic has offered Blackstone high-yield terms, including a double-digit yield, for its latest chip financing arrangement, the Financial Times reports.

Blackstone funds plan a $9 billion investment in debt tied to Anthropic's chip lease payments.

Blackstone Private Credit Fund outlook revised to stable from positive by S&P.

UBS lowered its price target for Blackstone from $122.00 to $116.00.

TD Cowen lowered its price target for Blackstone from $154.00 to $144.00 per share.

Citigroup raised its rating on Blackstone Digital Infra from Neutral to Buy.

Blackstone Credit & Insurance is leading a $1 billion financing to support the combination of Analogic Corporation with Leidos' Security Enterprise Solutions, Ports & Borders, and Industrial Automation businesses. The transaction closed earlier this month. BXCI served as lead lender and joint lead arranger alongside HPS, Bank of America, and Wells Fargo. The combined entity aims to be a stronger global security imaging and detection company.

The company said it will explore strategic options, including potential public listings or private transactions.

Barclays lowered its price target for Blackstone from $128.00 to $124.00 per share.

Broadcom in talks with Apollo, Blackstone for lending.

Fitch affirmed ratings for Blackstone, Apollo, and other alternative asset managers. The agency noted that fundraising pipelines remain strong despite headwinds in direct lending among retail investors.

Fitch affirmed Blackstone Inc.'s long-term rating at A+ with a stable outlook. No change from prior rating.

HSBC cuts Blackstone price target to $122 from $135.

Blackstone today launched BXPM, a perpetual fund that bundles private equity, infrastructure, real estate, and credit into a single allocation for eligible non-U.S. investors. The fund is the first multi-strategy solution under the firm's new Portfolio Solutions unit. Blackstone manages over $1.3 trillion in assets across its platform.

Blackstone launches BXPM private markets fund.

Blackstone said it expects to record total Realized Performance Revenues and Realized Principal Investment Income in excess of $350 million for July 1 through September 22. Approximately 90% of the total is Realized Performance Revenues. The estimate excludes activity after September 22 and does not reflect full-quarter results.

Crux AI, backed by Google and Blackstone, faces data-center delays due to project failures, infrastructure shortages, and Texas freeze. The company, with $5 billion in funding, is experiencing delays that highlight growing physical constraints on the AI boom.

Alphabet and Blackstone's $5B Project Braid data-center venture hit by site delays. Google scrapped a plan for Crusoe to develop its Cheyenne, Wyoming site and took over the project itself. Another location lacked required transformers. Texas' freeze on new data-center projects also disrupted plans. The venture still aims to deliver 500MW next year and has identified 29 potential sites, with demand running ahead of expectations. Executives now assume about 50% chance of hitting delivery dates, down from 90% three years ago.

Blackstone private credit fund sets 5Y benchmark at +230 area.