The Blackstone headquarters in New York, US, on Wednesday, July 17, 2024. Bloomberg | Bloomberg | Getty Images Blackstone said Tuesday it had raised $13.1 billion for its latest Asia private equity fund, marking its largest PE fundraise in the region. The alternative asset manager said that Blackstone Capital Partners Asia III exceeded its $10 …
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks were higher for most of the early part of Tuesday’s session, but the market gave back its gains after U.S. oil benchmark WTI crude jumped …
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as the S & P 500 and Nasdaq Composite hit records, and what’s on the …
Energy (XLE) is the winning sector in 2026 with a year-to-date return of 36%, materials (XLB) is in second place at 10.5%, while technology (XLK) falls more than 7%. Only two sectors are performing worse than technology — consumer discretionary and financials. If you look back one year, energy is still in the lead with a 12-month …
At the outset of April, JPMorgan added three stocks in the technology sector to its top stock picks. The bank also swapped out a major discount chain, natural gas producer and childhood education company from the list. Each month JPMorgan updates its top stock picks across growth, value, income and short investment strategies. The runup …
Blackstone Group’s logo on display during the opening of the company’s new office in Singapore. Munshi Ahmed | Bloomberg | Getty Images Since the pandemic, private equity funds focused on Asia have struggled to raise money, as the industry sat on massive unsold assets and idle dry powder. Signs of growing confidence began to emerge …
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as stocks rose on growing hopes for a resolution to the Iran war, and what’s …
An aerial view of wind turbines at the Altamont Pass wind farm on January 13, 2026 in Livermore, California. Justin Sullivan | Getty Images The White House has agreed to pay TotalEnergies $1 billion to shelve East Coast wind farm projects that it condemned as “costly,” with the French energy giant’s investment set to be …
HOUSTON — Asian countries want to buy more U.S. energy to reduce their dependence on oil and gas exports from the Middle East, Interior Secretary Doug Burgum told CNBC on Monday. Japan, South Korea and Taiwan rely heavily on exports through the Strait of Hormuz. Oil tanker traffic through the strait has plunged as Iran …
Stocks @ Night is a daily newsletter delivered after hours, giving you a first look at tomorrow and last look at today. Sign up for free to receive it directly in your inbox. Here’s what CNBC TV’s producers were watching as Brent crude futures hit $100, and what’s on the radar for the next session. …