$BX Blackstone Tape Reports
Per Ticker.id: $BX Blackstone Tape Reports — 64 podcast mentions across 13 podcasts (30 days), latest 2026-08-26 16:00 UTC.
I think that is the key question. And we've seen shares of the ones who do have bigger insurance arms. You mentioned Apollo and Athene, KKR, Brookfield, Blackstone. You know, they've been kind of trading lower, whether it's around sentiment with regard to related party transactions, unclear at this point in time. But sentiment is definitely, you know, not great around the practice. So to your point, the disclosures are there. I think it's whether additional regulation, you know, comes to the forefront and gets more involved in what's going on.
Leslie Picker — Squawk on the Street · 10AM Hour: Nvidia Ahead, Meta Settles, & PCE Comes In Hot 8/26/26 · 2026-08-26Let's talk about private credit. This is a very underappreciated slice of the credit markets these days as more and more money has gone to these entities, these non-bank entities where the risk is very opaque. It's hard to know exactly what's in these private funds because they are private, but there are public versions of them. Another reason why I think buying private credit is usually a very bad idea, because you can get the same type of investment with a lot more liquidity in what are called BDC companies. Now, there are 10 large— the 10 largest ones have now reported earnings. Names like Ares Capital, Blackstone Secured Lending, KKR Capital, Golub Capital, Goldman Sachs BDC. They have, they have one. Main Street Capital, MidCap Financial Investment, Morgan Stanley Direct Lending, Blue Owl Capital, and Sixth Street Specialty Lending. Those are the top 10. And so looking at their results in aggregate can kind of tell you what's going on in that slice of the, the financial industry that nobody really talks about. So what did it say? Well, there's something in the industry called non-accrual status. What does that mean? Basically means they're not paying any more interest. So when, or when the company is not assuming they're going to get interest, it basically is when a company is 90 days or more past due on payment and they see enough credit deterioration they don't expect to be made whole. That's a default. When you're lending money, you don't get your interest, you don't get your original principal back— that's a default. And this will feed into the dividend eventually if it continues to grow. So let's look at the numbers. With all of these names, the number of borrowers at least one debt instrument in non-accrual status went from 4.26 to 4.69. So about 1 in 20 nearly. That's way up from 2023 when it was at 3.69. So it's gone from 3.69 to 4.69 in 2 years, 2 and a half, uh, 2 and a half years. And this is when the size of these BDC companies have basically doubled. Over the past 3 years. It's about $560 billion of total debt. That's as of the first quarter of this year. In dollar terms, non-accrual debt rose 39% to $2.8 billion. That brings it— that, that brings the total to roughly $10 billion.
Justin Klein — InvestTalk · Regulation catches up to digital assets · 2026-08-25No, it doesn't. As you pointed out, we can see there, of course, it didn't perform particularly well out of the gate after the— after the initial public offering. I can certainly remember this was a private company for such a long period of time. By the way, when it was a Blackstone, they did finally convince him to sell and then they took it to the public markets pretty quickly.
David Faber — Squawk on the Street · 9AM HOUR: Big Market Week: Bessent, Warsh and Earnings from Nvidia 8/24/26 · 2026-08-24People say, well, Blackstone is going to be able to unload. I think that my experience at Blackstone is That's just not the way they play it.
Jim Cramer — Squawk on the Street · 9AM HOUR: Big Market Week: Bessent, Warsh and Earnings from Nvidia 8/24/26 · 2026-08-24Exactly how I was just going to say it. It's making its biggest move yet to finance the AI boom and largely this time off its own books. So CNBC David Faber has confirmed the chipmaker is in talks to raise more than $60 billion. Faber's even saying close to $70 billion in debt for a new chip deal, a package that could reach as much as $100 billion. The story was first reported by Bloomberg. So that's where that $100 billion number came from. But it would benefit Anthropic and other customers. One caveat, though, is that the report says it looks very similar to the XPV platform Broadcom launched in June with Apollo and Blackstone. But the company actually hasn't confirmed that part to me just yet. Reached out. The structure, though, this is, you know, we're Here it gets a little complicated. The debt doesn't necessarily land on Broadcom's balance sheet. A separate entity raises the money and SPV buys the chips and then leases it back to the customer. Broadcom's job is to guarantee part of that debt, and that guarantee is where the risk sits. Broadcom isn't lending the money yet. It's on the hook if customers can't pay down the line. The CEO has pushed back on the word backstop. In June, on the earnings call, CEO Hock Tan said the company simply provides the chips and partners with firms that have the balance sheets to fund them. But analysts say Broadcom is also guaranteeing the value of those chips if a deal goes bad. Bank of America estimates that exposure could reach $370 billion by 2029, while calling the likely loss, though, manageable. You know, $300 billion manageable. It's not alone. Nvidia is doing a similar thing on a bigger target, more than $500 billion, but standing further back and backstopping up to a smaller slice of the pie, up to 25%. Meta pioneered the off Books approach last year, raising about $27 billion for an AI data center it now leases back with Blue Owl. Wall Street is relatively split. There's not as many reports, maybe because everybody's on vacation. It's Friday. But Wolfe analysts call the backstops a, quote, form of reinsurance, safe unless the whole industry overbuilds. The bond market has been a little bit more nervous.
Christina Partizanopoulos — Squawk on the Street · 11AM Hour: Anthropic Investor on Upcoming IPO, Owner of Rare Trading Card & Crypto's Rally 8/21/26 · 2026-08-21I would assume that it has to do with Feynman and just the next generations because that is accretive to their guidance and that's what people want to see, like how are numbers stacking up. Yes, the financing is going to come, but those were the $500 billion amount that I mentioned. That's MOUs and it's not even definitive. We don't even know how much money those 6 financiers— BlackRock, Blackstone, Goldman Sachs— have actually raised at this point. So I think that if anything, Jensen Huang is just going to change the narrative, make sure that we all don't think it's circular financing, that they're going to be at risk down the line, which was the point of this story right now. And more so focused on the actual chips that are going to be going out into the market over the next 3 to 6 months and how that changes their revenue and whether there'll be a more than $3 billion beat, which is the market has come to expect every single quarter now for NVIDIA.
Christina Partizanopoulos — Squawk on the Street · 11AM Hour: Anthropic Investor on Upcoming IPO, Owner of Rare Trading Card & Crypto's Rally 8/21/26 · 2026-08-21I did want to come back to a story we reported earlier. It is off a story that was first reported by Bloomberg late yesterday involving just more financing for, of course, the broadly speaking, the AI buildout. In this case, it was last June when we got a very large announcement from Broadcom in partnership with Apollo and Blackstone for what they called a $35 billion capital solution, basically in a sense, vendor financing to help them create the chips that would then go into the compute that would be used by, in this case, Anthropic. That is continuing and the numbers just keep getting bigger. That was a $35 billion deal. Back in June, now hearing as much as $70 to $80 billion in additional capital. That was called Big Sky One. This is called Big Sky Two. It's just building on this. Some of the issuance will be backed by Broadcom as much. You know, it depends on a percentage basis, not as much as the first deal. I'm hearing there's going to be a junior tranche around $35 billion, more senior tranche around $45 billion. So you add that together, you get close to $80 The numbers could change as well. Bloomberg had it a bit higher, but it is moving around. The issuance hasn't taken place yet. But all of it, of course, goes to just the continued need for compute, the continued need for the chips in this case being made by Broadcom and the need for that compute by the likes of Anthropic. But the inability of companies such as Anthropic to use their own balance sheet, given just the size and scale of these commitments, the likes of which of course, we've never seen this kind of vendor financing at a hyperscale. Sticking with tech, Anthropic— Anthropic, it is preparing to file an S-1. Could be as soon as the end of the month. I've talked about, of course, reporting I had that says, you know, we could see an issue from an IPO from the company as soon as, let's call it, early to mid-October. And the scope of it, well, some are speculating whether the actual size of the issuance will be as large or larger than that. To SpaceX. Our next guest, an investor in a number of late-stage companies, including Anthropic and Databricks.
David Faber — Squawk on the Street · 10AM Hour: Jefferies Chief Market Strategist, Investing in AI & Manhattan Rents Surge 8/21/26 · 2026-08-21Broadcom is essentially looking to raise a special purpose vehicle that would be financed by other partners. We've already seen them sort of hint at this. They announced a partnership with Blackstone and Apollo in June that was essentially to finance a 1 gigawatt capacity compute sort of layer. This is essentially an expansion of that.
Ryan Gould — Bloomberg News Now · Iran President Urges War's End, Ground Beef Tariff Relief, More · 2026-08-21