Liftoff Mobile, Inc. provides mobile advertising, monetization, and performance marketing solutions in the United States, the Asia Pacific, Europe, the Middle East, Africa, Canada, and Latin America. The company offers a…
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 Blackstone beats profit estimates with AI gains as assets hit $1.35 trillion Blackstone beat analyst expectations for second-quarter income on Thursday as the world's largest alternative asset manager cashed in on investments, raked in new funds and reaped profits from a mammoth bet on artificial intelligence. The New York-based company said inflows in the quarter pushed total assets to $1.35 trillion. Deals to sell a stake in three data centers to Digital Realty and a majority holding in power infrastructure company Sabre Industries to TPG helped push its haul from monetizing assets to $31.8 billion. | ||
Blackstone Profits Jump, Boosted by Exits and Winning Bets on AI (Bloomberg) -- Blackstone Inc. reported a 26% jump in distributable earnings for the second quarter, buoyed by profits from exits and its artificial intelligence-related investments. Most Read from BloombergRetina Chip Designed to Restore Sight to Go on Sale in EuropeHegseth Turns to UNC, Virginia Tech After Dropping Ivy LeagueApple Plans Overhaul of MacBooks, iMac in Push to Meet AI DemandTrump’s 100% Generic Drug Duty Threatens US Low-Cost SupplyAlphabet’s $205 Billion Spending Target Fuels AI | ||
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