Blackstone Inc_, American alternative investment By John Hanson PyeNew York-based Blackstone Inc. (BX) is one of the world's largest alternative asset managers, overseeing investments across private equity, real estate, credit and insurance, infrastructure, and hedge fund solutions. Blackstone has a market cap of $100.1 billion, and manages capital on behalf of pension funds, sovereign wealth funds, insurance companies, endowments, and individual investors. BX stock has declined 19.5% over the past 52 weeks and 11% on a YTD basis. Blackstone delivered a strong second quarter earnings report on July 23, topping Wall Street's expectations as robust fundraising, asset sales, and AI-related investments fueled growth. That's based on nine "Strong Buy" ratings, three "Moderate Buy," ten "Holds," and one "Strong Sell" rating.