What's News in Earnings: Why Some Money Managers Are Trailing the Market

What's News in Earnings: Why Some Money Managers Are Trailing the Market

WSJ What’s News · 2025-08-11

Bonus Episode for Aug. 11. Shares of publicly traded private-equity firms like Blackstone and Apollo are down year-to-date, trailing the broader market, while shares of traditional asset managers like BlackRock have outperformed. Heard on the Street columnist Telis Demos discusses this divide and how it relates to the firms’ second-quarter earnings.

WSJ reporter Miriam Gottfried hosts this special bonus episode of What's News in Earnings, where we dig into companies’ earnings reports and analyst calls to find out what’s going on under the hood of the American economy.

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WSJ What’s News

What's News brings you the biggest news of the day, from business and finance to global and political developments that move markets. Get caught up in minutes twice a day on weekdays, then take a step back with our What’s News in Markets wrap-up on Saturday and our What’s News Sunday deep dive.

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