Net income for the quarter totaled $1.3 billion, or $0.92 per share, in a 1,120% increase from $109 million a year earlier.

Blackstone took a defensive stance in its latest earnings call after China's DeepSeek caused tech stocks to tumble. After ...

Blackstone, a major global investor in data centers that run A.I. systems, expects use of the technology to rise as the cost of computing power falls.