these private company coming public, that really plays into blackstone's sweet spot.an up into the trump presidency, into the end of the year, and it sold off a recently from 190 down here to where it is, $163. 2.5% dividend yield while you wait. david: wow. >> i think blackstone has had a track record of just simply performing over the last several years, and they're going to perform again. and the setup for them right now is almost perfect. david: particularly with changes in the sec making deals that they do all the time much easier to do. >> exactly. david: next one is tesla. close contacts with the white house. >> yes. and, again, ran up into the election, now it's sold off from almost 500 to $335, so it's down some 30%. but i think if you go back, again, in history, any selloff in tesla's stock has been an opportunity. yes, elon musk has a lot on his plate, but he's always had a lot on his plate, and he's been able to deliver. if you look at tesla here, the argument was it was too expensive up around 500. at a 336, i think that argument gets a lot harder to make

have some of the best levels of dealmaking from the private equity firms and you sought out of blackstonethe money they are willing to put to work. is this in some ways a historic time in the leverage finance markets given the potential opportunity? christina: i think it is historic in that when you look back over time the size of the funds that have been raised are enormous. we also have the private credit market, people coming out of $1.6 trillion. that is another way to finance transactions in a very productive way. so, it is historic in that the u.s. capital markets have innovated and provided this form of capital and we have not talked about structured credit or collateral lending. so, from a deal perspective, the equity funds are larger. the capital markets are robust so that bodes well for a very strong when he 25 and 2026. sonali: another interesting dynamic is you are seeing all of these areas in which private credit could enter into. that is typically outside the scope of that $1.6 trillion. that is often direct lending. do you see private credit move away from bread and butter

claude davis, ak w, my brother jay-z, team rock, adam blackstone, hell's kitchen, the most high.ning in this room tonight. this room is unstoppable. it's powerful. it's uniqueness at its finest. never stop being just like you. [cheers and applause] this is amazing. big love, and happy birthday to my sister, yolee. thank you for seeing me. i love you! [cheers and applause] ♪ ♪ >> trevor: that was one of the most special moments i've ever been part of. congratulations will more time, alicia keys, everybody. this is amazing. you ask people and you hope people will contribute. just from the people at home -- we haven't told you what's in the room yet, but just from the people watching at home, we've already raised $7 million for all these amazing causes come all the people who have lost their homes in l.a., that are rebuilding in l.a. think you'd ever single one of you. everyone of the room remember, it's not too late. we are counting on you as well. later on, charli xcx is still going to be performing. we have a great show. it's up and down. there is emotions, everything, but this i

los viernes y sábados están ubicados en el 33 0 2 norte de la avenida blackstone en fresno, al interiorgratorios y les puede ayudar a ser ciudadanos o residentes mejor, más pronto también. y luego. necesitan aplicar para haití. los podemos ayudar aquí y hasta renovarlos. y si le toca pagar, le ayudan a establecer un plan de pagos con el servicio de impuestos internos y harris. además, en binacional de california central puede encontrar variedad de servicios gratuitos como asistencia con medi-cal. salud mental. si busca trabajo o tiene problemas en su empleo, becas, comida, entre otros. desde fresno, peter ruiz, telemundo. importante asesoramiento gratuito. gracias peter por ese informe. y si usted vive en otro condado, por ejemplo, recuerde que puede llamar al número 211 para solicitar ayuda por parte de un programa de declaración de impuestos de forma gratuita. en esa línea, también le indicarán donde usted puede acudir a esta hora cuando son las 12 con 16. así se encuentra el panorama en muchos puntos de nuestra región sacramento, san francisco, san josé y emeryville. zonas donde toda

the majority of blackstone, african sage, black south african still hasn't been the, the burden of not any pharmacy, but also violence of bad health care, etc. if there are certain classes in this country, which is treated badly, it is certainly not the wife's quite the opposite. and, and it's, you know, it is, it is with, like i said in the beginning just completely based on, on photos. um, also you know, about formatting tonight. well sir, i'm glad that the, the biggest big goals are corrected. the fact that this is not about from them. and it's, you know, i have both, my families come from farming background, skip this active mode of a phone. and in fact the government is follow a show of urban and very urban man. so to create this impression that the world wide farmers are now being attacked by government is just why it's in general is just not correct ability. i'll be back with you in just a 2nd to just for the break away to, to, to read you a tweet that on wednesday, us secretary of state, marco rubio posted on x, saying that he would attend the g 20 summit and drive his book. he

together 77 e had 7-ople 77 77777 7 7 7 7 people in what we evacuated people in what we called our blackstonee allowed return to people are allowed to return to �* homes. it is not their homes. it is not saying our feathers —— their homes. it is not saying ourfeathers —— �* neighbours north . north. like illewman fuzrtzhegu o northotb’tke tttewnoa n i co m pletely fuzrtzhegu o northotb’tke tttewnoa n i completely cut fuzrtzheyuo northotb’ketnewnoan i completely cut off cardwell, i completely cut off at moment. we're very lucky at the moment. we're very lucky we are a garrison city, that we are a garrison city, the largest in and the largest in australia. and have of we have the aid of the defence force. very handy to have those resources _ force. very handy to have those resources right _ resources right in your location. resources right in your location-— resources right in your. location._ at resources right in your - location._ at these location. absolutely. at these floods you _ location. absolutely. at these floods you have been - floods you have been experiencing, they are a normal occu

obviously blackstone the biggest more than a $200 billion market value.focused in part on blackrock, the largest asset manager out there, and the moves they've made in the private markets. remember, whether it's buying hpe's investment partners, one of the leading private private credit platforms, global infrastructure partners, and also that data information company that follows the private markets and putting all of that together. rohan actually on the call, had an interesting insight about what he thinks is coming from blackrock that i think is worth sharing, he said. blackrock made a number of very significant acquisitions. i just mentioned them. they lay a foundation for an integration of public and private. i continue to believe this convergence of public and private will be a very important source of demand for private assets, and i see private assets in any number of forms. our industry and our firm will be a supplier of product to traditional asset managers as they seek to make their products more competitive. given the incredible amount. >> of.

blackstone is a big competitor. blackstone of ours. i used to be at blackstone.ut great respect there. kkr have a big infrastructure effort. >> digital infrastructure. >> digital transport, energy. look we focus on our game. what we really look for is we look for businesses that have big competitive moats around them. that's what we focus on in the digital space. for the longest time, there's a type of data center called connectivity data centers. that's where all the fiber optic cables come and join together. physically, it's the telephone exchange, you know, big competitive moat around that business. good returns on capital. i must say, in the hyperscaler space, the returns on capital were okay for the longest time. but again, it's this ai boom and the difficulty in getting power that has driven returns up enormously in the hyperscaler space when deep sea. >> when you saw that news, did you go, holy crap, we've been. i mean, was there a. reset on on. >> on the deep sea situation? >> absolutely fascinating. i've got a. lot of buddies in tech. i've spoken to a lo

and blackstone is reportedly weighing a sale of natural gas explorer olympus energy.e appalachia region at as much as $2 billion. now, this comes after upstream u.s. m&a climbed to $105 billion last year, according to enverus, as companies rush to secure a prime acreage. now, today's activity could also be an indication that the new administration could be friendlier for oil and gas m&a. finally, heading into the weekend, keep an eye on nat gas. it's up 13% on the week as an arctic blast is set to hit much of the east coast next week. scott. >> pippa, thank you very much. pippa stephens hims and hers. best week since 2021. looks like brandon gomez here with those details for us. >> yeah. up again today. >> adding to gains that we saw yesterday down. >> from session. >> highs though. you can. >> see there in shares. that's adding to double digit gains yesterday. now up. >> over 50%. >> this week alone and 150% year to date. so where's the warning. well wall street journal credited the run up yesterday to the telemedicine company's super. >> bowl ad that took aim at. >>

with that, let's bring in robert shen, % blackstone wealth management. robert, good morning.>> morning, frank. >> great to be. >> with you. so, robert, how do you see today shaping up? a lot of a lot of, you know, wild day roller coaster ride in the markets yesterday. what's your word of the day? >> word of the day is patience. investors have to be patient. >> and right. >> now this is where volatility. >> meets opportunity. >> so if an investor has some dry powder some cash on the sidelines and not don't chase you know the volatility of the market. but let the volatility provide the opportunity. you can actually do quite well in a market like this. >> all right. so with all this volatility how are you looking at the market. are there certain sectors you see as perhaps a safe haven. others that you're just going to stay away from because of all the uncertainty when it comes to tariffs and what could happen going forward. >> you kind of want to insulate your portfolio. some of the sectors that help us do that, financials, financials have actually outperformed year to date as w

anthos is a private biotech firm that's majority owned by blackstone's life sciences business. all right, turn it back to the markets. futures under some pressure today. while gold touches a fresh high a possible sign of caution by investors on the back of president trump's new tariff moves. let's now bring in victoria greene, founding partner and chief investment officer at g squared private wealth. she is also a cnbc contributor. vicky good morning. good to see you. >> good morning frank. >> all right. i think we're seeing some reaction to these new tariffs in the markets right now. the threat of also potentially additional tariffs against asian nations. what's your word of the day for investors. >> it's composure. there is so much news flying back and forth. you kind of just need to sit a little bit still and. >> let this marinate. we call it not. >> panicking right. >> so all. of these new steel and aluminum tariffs that are coming in march. >> but there's a lot that can change between now. >> and march. it feels like that will be eons and decades. between now and march 12t

derrick bell, kimberly crenshaw have eclipsed blackstone and brandeis as avatars of legal education. that shift when, coupled with the bureaucratic growth, has led institutions to prioritize activism over inquiry seeking social justice than truth. so i'm pessimistic that anything will change at any school where freedom isn't supported or rules against heckler's vetoes takeovers of academic buildings and encampments that block student access aren't enforced. too few administrators follow the example of the late u. chicago president bob zimmer, who, in response to pressure to punish professor dorian abbott for criticizing affirmative action, reaffirmed the university's commitment to faculty freedom to disagree the university policy. too few followed the leader vanderbilt chancellor daniel dear meyer, who ejected and expelled students who had taken over his office. he's gotten national plaudits for some very basic actions. it's a low bar. wherever leaders stand up for the core mission of any academic institution, the mob disperses. but most presidents and deans are spineless cowards. th

i like to think of steve schwarzman, of course, the ceo and founder of blackstone, as literally beingimes have they had to fight? this comes up in every time. >> you know, as a revenue raiser, not that significant, but as a fairness point, it is certainly comes up an awful lot. why should the senior person at a private equity firm be paying less, perhaps, than the assistant who works for them? >> why should they? >> i can't argue that they should, and i don't know why, given it is the key part of their income, why it is not treated as income as opposed to capital gain. >> yeah. we'll see whether or not this round. certainly the push on government efficiency and costs is any different than it has been in the past. we're trying to extend or the administration is trying to extend the 2017 tax cuts. b of a has got a great chart on defense spending $900 billion, which they call a tempting space to look for savings. but so far that's not been part of the discussion. >> but what was also new was this what he said is going to get rid of the sport team owners. yes. loophole, which i actually d