I'VE BENEFITED FROM THE 26% INCREASE IN THE PROFITS OF AL-AM BET BLACKSTONE
On 23 July, Blackstone was able to allocate a 26 per cent increase in profits over the same period in the second quarter, benefiting from the benefits of the sale of assets and investments related to artificial intelligence. The distribution of profits (i.e., the proceeds available to shareholders) for Blackstone in the second quarter amounted to $1.97 billion, exceeding the analyst ' s projection of $1.66 billion. The return per share was $1.52, higher than the analyst ' s average expected value of $1.33. In an interview, the Managing Director of Blackstone stated that investments in artificial intelligence continued to drive blackstone performance, with nine of the 10 major portfolios associated with data centres, energy, electricity and large language models。
