Blackstone CEO Says AI Megatrend Is Creating 'Extraordinary' Growth Opportunities
Blackstone (NYSE: BX) beats Q2 estimates with $1.52 EPS and $3.80B revenue, driven by strong fee-related earnings.
Blackstone made more money than people expected this quarter, and its leader thinks artificial intelligence—computers that learn and think—will help the company grow even bigger in the future. When a big company does well AND its leader sounds excited about what's coming, that's something to notice about how the business might do ahead.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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