WS #16307
Blackstone reported third-quarter EPS that exceeded estimates, driven by strong performance in its alternative asset management business, despite a slight revenue miss. Simultaneously, Nebius secured a $3.5 billion financing facility with Citi, signaling robust capital availability for AI infrastructure projects. These developments highlight continued strength in private markets and AI-related capex despite broader macro uncertainties.
Private Markets Resilience
Blackstone reported third-quarter EPS that exceeded estimates, driven by strong performance in its alternative asset management business, despite a slight revenue miss. Simultaneously, Nebius secured a $3.5 billion financing facility with Citi, signaling robust capital availability for AI infrastructure projects. These developments highlight continued strength in private markets and AI-related capex despite broader macro uncertainties.