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Blackstone Inc

Family offices tripled, creating a new gold rush on Wall Street

by Anas Siddiqui
Family offices tripled, creating a new gold rush on Wall Street

Westend61 | Westend61 | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign …

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These stocks are poised to benefit from power-hungry AI

by Walter Watson
These stocks are poised to benefit from power-hungry AI

Artificial intelligence is a power-hungry business. The AI servers Nvidia shipped just last year are estimated to have consumed roughly the same amount of electricity as 20 million U.S. homes, …

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The S&P 500 tops a record high that ‘clears the charts’ of resistance

by Walter Watson
The S&P 500 tops a record high that ‘clears the charts’ of resistance

The S & P 500 surged to a new all-time high on Friday, confirming the stock market is in a bull market and suggesting the rally has further to go …

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Wall Street CEOs say Basel 3 endgame rules will hurt Americans

by Anas Siddiqui
Wall Street CEOs say Basel 3 endgame rules will hurt Americans

(L-R) Brian Moynihan, Chairman and CEO of Bank of America; Jamie Dimon, Chairman and CEO of JPMorgan Chase; and Jane Fraser, CEO of Citigroup; testify during a Senate Banking Committee …

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Investors realize they were too optimistic

by Horatio Thompson
Investors realize they were too optimistic

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 16, 2023.  Brendan Mcdermid | Reuters This report is from today’s CNBC …

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Ken Griffin weighs backing Nikki Haley in Republican primary

by Vera Ward
Ken Griffin weighs backing Nikki Haley in Republican primary

Ken Griffin, founder and CEO of Citadel, at CNBC’s Delivering Alpha summit on Sept. 28, 2022. Scott Mlyn | CNBC Billionaire Citadel CEO Ken Griffin is “actively contemplating” financially supporting …

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Zions, Comerica at risk of being booted from S&P 500

by Anas Siddiqui
Zions, Comerica at risk of being booted from S&P 500

A customer enters Comerica Inc. Bank headquarters in Dallas, Texas. Cooper Neill | Bloomberg | Getty Images The stock selloff that hit regional banks this year has exposed lenders including …

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Dave McCormick set for Pennsylvania Senate run fundraising

by Vera Ward
Dave McCormick set for Pennsylvania Senate run fundraising

A month before Dave McCormick’s expected announcement Thursday for his second run for a U.S. Senate seat from Pennsylvania, he was the guest of honor at a party hosted by …

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Apollo, Blackstone happy about tougher bank rules

by Anas Siddiqui
Apollo, Blackstone happy about tougher bank rules

Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Sept. …

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