Blackstone's distributable profit in the second quarter rose by 26% year-on-year, benefiting from asset sales and gains related to artificial intelligence investments. Blackstone's distributable profit in the second quarter—which represents earnings available to shareholders—reached $1.97 billion, surpassing analysts' estimates of $1.66 billion. Earnings per share were $1.52, higher than the average analyst expectation of $1.33. The President of Blackstone stated in an interview that ongoing in

Blackstone's distributable profit in the second quarter rose by 26% year-on-year, benefiting from asset sales and gains related to artificial intelligence investments. Blackstone's distributable profit in the second quarter—which represents earnings available to shareholders—reached $1.97 billion, surpassing analysts' estimates of $1.66 billion. Earnings per share were $1.52, higher than the average analyst expectation of $1.33. The President of Blackstone stated in an interview that ongoing in

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BlackRock's second-quarter distributable profits increased by 26% year-on-year, benefited from asset sales and returns from artificial intelligence-related investments. BlackRock's second-quarter distributable profits (the returns available to shareholders) reached $1.97 billion, exceeding analysts' forecast of $1.66 billion. Earnings per share were $1.52, higher than the average analyst expectation of $1.33. BlackRock's president stated in an interview that AI investments continue to drive the group's performance. Nine out of its ten major investment portfolios are associated with data centers, energy, power, and large language models.

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