Tag: Blackstone Inc
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Dividend cuts could be coming for these stocks, Wolfe warns
Wolfe Research screened for stocks that are at risk of lowering, or eliminating, the payouts made to shareholders.
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Sandwich chain Jersey Mike’s files for IPO, reports 50% same-store sales growth in recent years
Jersey Mike’s has nearly 3,300 locations, making it the second-largest hoagie sandwich chain in the U.S. behind Subway.
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Autonomous drone startup Quantum Systems raises $1.2 billion as investors pile into defense
Defense tech startups are raising record amounts on both sides of the Atlantic amid a flurry of investment in the sector.
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AWS puts $1 billion into new AI unit to embed engineers with customers, joining growing wave
AWS FDEs will look to leave behind self-sufficient teams with new AI solutions and capabilities in a matter of weeks, the company said.
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Digital Realty falls 5% after taking $3.5 billion stake in Blackstone’s Virginia data centers
Digital Realty fell in premarket trading Tuesday after it announced its buying a $3.5 billion stake in three data centers from asset manager Blackstone.
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Apollo curbs withdrawals after exit requests hit 17%, reigniting fears over private credit liquidity
Apollo is capping investor redemptions in its main retail-focused private credit fund after exit requests hit 17%.
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Property Play: The private space race is spurring a luxury hotel land grab for Florida oceanfront property
The rise of the private space industry, with companies like SpaceX and Blue Origin, has spurred demand for commercial real estate on Florida’s space coast.
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Private credit has ‘growing pains,’ but a Man Group exec sees opportunities in higher rates
Private credit is facing liquidity-related “growing pains,” but higher-for-longer interest rates could create attractive yield opportunities, Man Group said.
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Silicon Valley’s new buyout playbook is hitting Wall Street
Instead of selling AI tools to companies, venture firms are buying legacy companies outright and rebuilding them around AI from the inside.
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