Blackstone CEO Stephen Schwarzman Cautions Against Excessive Exuberance in AI Investments

Blackstone (BX) reported a significant rise in Q2 distributable earnings, driven by strategic investments in data centers and AI infrastructure. However, CEO Stephen Schwarzman warned of 'excessive exuberance' in the AI sector during an earnings call.

By David Hollerith · Senior Reporter Thu, July 23, 2026 at 6:34 PM GMT+3 3 min read · Yahoo Finance · July 23, 2026, 15:34 UTC

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Topics: AI Blackstone earnings investment strategy private_markets

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