New York, Jan 24, 2026, 17:34 EST — Market closed.
Shares of Blackstone Inc dropped $4.44, or 2.9%, on Friday, closing at $150.48. The alternative-asset manager heads into the new week under pressure.
With U.S. markets closed for the weekend, attention shifts to a packed schedule: the Federal Reserve’s upcoming policy announcement and a wave of quarterly earnings that could shift sentiment after a volatile spell marked by headline risk. “It’s been a little bit of a short but steep roller-coaster ride,” said Yung-Yu Ma of PNC. Meanwhile, Chris Galipeau at Franklin Templeton cautioned, “the earnings bar had better be met.” (Reuters)
Blackstone will release its Q4 and full-year 2025 earnings on Thursday, with a webcast set for 9:00 a.m. ET, the company’s investor relations calendar shows. (Blackstone)
Friday’s action wrapped up a volatile week on Wall Street, with the Dow falling 0.58% and the S&P 500 holding steady, following a sharp drop in Intel shares after a cautious forecast. “We feel pretty good about where we are today,” said Jason Blackwell, chief investment strategist at Focus Partners Wealth, though he warned investors are preparing for more surprises ahead this year. (Reuters)
Other players in the sector saw declines as well. Apollo dipped roughly 2.5%, Ares shed around 3.5%, KKR lost about 1.8%, and Brookfield Asset Management slipped close to 0.7%.
The Fed’s two-day session is set for Jan. 27-28, according to its calendar. The policy statement drops at 2:00 p.m. on Jan. 28, followed by Chair Jerome Powell’s press conference at 2:30 p.m. (Federal Reserve)
Blackstone’s focus remains unchanged. Investors zero in on fundraising, fee income, and performance fees linked to asset sales — the business segments that shift sharply when markets seize up or deal exits pick up pace.
The stock closed Friday roughly 21% under its 52-week peak of $190.09. Trading volume hit about 4.1 million shares, surpassing the 50-day average, according to MarketWatch data. (MarketWatch)
Still, a clear risk remains. If the Fed signals caution on rate cuts, or if geopolitical tensions flare up again, or earnings reports disappoint, appetite for risk could dwindle. That usually weighs on financial stocks reliant on fee income.
During the week of Jan. 26-30, major companies like Apple, Microsoft, Meta, and Tesla are set to report earnings, according to Kiplinger’s earnings calendar. (Kiplinger)
The next key event comes midweek with the Fed’s decision and Powell’s press conference. Then, a day after that, Blackstone releases its results, offering a closer look at the quarter’s finish and management’s outlook.
