Blackstone Inc. reported a 26% increase in Q2 2026 profit available to shareholders, reaching $1.52 per share, with total assets under management growing 11% to $1.35 trillion. Nine of the firm's top ten performing investments are currently tied to artificial intelligence. However, the company's stock is down approximately 20% year-to-date, attributed to factors such as lower-than-expected base management fees, a 6% decline in private credit business profit for the second consecutive quarter, and a significant drop in retail investor inflows into its flagship private credit fund.