Blackstone Inc

Asia’s capital market needs a ‘Taylor Swift’ of IPOs to catalyze listings, venture capitalist says
World

Asia’s capital market needs a ‘Taylor Swift’ of IPOs to catalyze listings, venture capitalist says

The Shanghai skyline Zorazhuang | E+ | Getty Images Asia’s “nascent capital market” needs a catalyst to kickstart it, an expert said at a CNBC Delivering Alpha event last month. The solution to having more listings in Asia involves having more products, information, fund managers and even good issuers, according to Jenny Lee, founder and […]

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Europe stocks open in the green to extend record high; traders digest dovish ECB messaging
World

Europe stocks open in the green to extend record high; traders digest dovish ECB messaging

French inflation held at 1.8% in January French inflation came in at 1.8% in January on a preliminary basis, steady on the previous month, statistics agency Insee reported Friday. Economists polled by Reuters expected a reading of 1.9%. The figure is adjusted for comparison with other euro zone countries. National German inflation figures are due […]

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European markets head for higher open anticipating ECB rate cut; Shell and Deutsche Bank earnings on deck
World

European markets head for higher open anticipating ECB rate cut; Shell and Deutsche Bank earnings on deck

European markets were set to open higher Thursday as investors await key earnings, economic data and the European Central Bank’s latest monetary policy decision. The U.K.’s FTSE 100 index is expected to open 2 points lower at 8,555, Germany’s DAX up 24 points at 21,649, France’s CAC up 25 points at 7,892 and Italy’s FTSE MIB […]

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SoftBank-backed TravelPerk doubles valuation to .7 billion, plans fintech push
Travel

SoftBank-backed TravelPerk doubles valuation to $2.7 billion, plans fintech push

TravelPerk CEO and co-founder Avi Meir. TravelPerk TravelPerk, a corporate travel platform, raised $200 million from investors including Atomico and EQT in a funding round valuing the firm at $2.7 billion, the company told CNBC. The fresh financing doubles TravelPerk’s market value from January 2024, when it raised $104 million on a $1.4 billion valuation. […]

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Megacaps lead a major week of earnings as traders seek clarity on the state of the bull market
World

Megacaps lead a major week of earnings as traders seek clarity on the state of the bull market

The Magnificent Seven companies reporting in the week ahead could unlock the next leg of the rally, as investors bet that earnings growth fueled by artificial intelligence could power a market some worry has gone to excess. The Federal Reserve will also hold its January meeting, with key inflation data coming Friday. Four out of […]

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Stocks making the biggest moves midday: Nvidia, Travelers, Blackstone, Uber and more
Finance

Stocks making the biggest moves midday: Nvidia, Travelers, Blackstone, Uber and more

Check out the companies making the biggest moves midday: Taiwan Semiconductor — Shares surged 12% after the company, which is the world’s largest producer of advanced chips, reported a 54% gain in net profit for the third quarter driven by strong artificial intelligence-related demand. Shares of chip giants Nvidia and Micron each rose about 3% […]

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Stock futures rise as traders await fresh economic data: Live updates
World

Stock futures rise as traders await fresh economic data: Live updates

China property stocks drop after housing ministry briefing; most Asia-Pacific markets slip SINGAPORE 一 Most Asia-Pacific markets fell Thursday after a briefing from China’s housing ministry failed to impress investors, sending the country’s property stocks tumbling. The CSI 300 real estate index — which had gained over 5% on Wednesday — fell nearly 8%, while […]

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Stocks making the biggest moves premarket: Boeing, Alphabet, Blackstone, GitLab and more
Finance

Stocks making the biggest moves premarket: Boeing, Alphabet, Blackstone, GitLab and more

Check out the companies making headlines before the bell. Boeing — Shares slipped 1.8% after the aerospace company withdrew a pay raise offer it made to 33,000 machinists on strike since mid-September. With the talks again breaking down this week, the continued strike will cost Boeing more than $1 billion per month, S & P […]

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Blackstone exec reveals how to make money when investing in India —  and the mistake to avoid
World

Blackstone exec reveals how to make money when investing in India — and the mistake to avoid

India’s economic growth story is a stunning one — but the question of where investors should park their money is not always straightforward, with one Blackstone executive highlighting a common mistake. India is set to become the world’s third-largest economy by 2027, according to its finance ministry . The country’s stock market has also been […]

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Stocks making the biggest moves midday: Visa, Smartsheet, JD.com and more
Finance

Stocks making the biggest moves midday: Visa, Smartsheet, JD.com and more

Check out the companies making headlines in midday trading: Visa — Shares dropped nearly 4% following a Bloomberg report that the Justice Department is preparing to file an antitrust lawsuit against the credit card network and payments processor. Smartsheet — Shares surged more than 6% after Blackstone and Vista Equity Partners agreed to buy the […]

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