Blackstone Surges 3.96% to 86th in Trading Rankings as Infrastructure Bets Pay Off

On July 17, 2025, Blackstone (BX) experienced a significant surge, closing the day with a 3.96% increase, marking its second consecutive day of gains and a total increase of 7.94% over the past two days. The stock's trading volume reached $1.108 billion, placing it 86th in the day's trading rankings.

Blackstone's recent rally is primarily driven by a $25 billion infrastructure investment in Pennsylvania, where the company has formed a joint venture with PPL to construct natural gas power plants. This initiative positions Blackstone as a key player in the U.S. energy transition, attracting both institutional and retail investors. Additionally, the anticipated 401(k) executive order by former President Trump, which aims to expand private equity access to retirement accounts, has further fueled investor optimism. Barclays has raised its price target for Blackstone to $168, and insider buying, such as Ruth Porat's $32,000 purchase, has also validated the positive outlook. The stock's 23% gain for the quarter reflects a strategic shift towards high-growth infrastructure and energy assets.

Blackstone's aggressive infrastructure bets and regulatory tailwinds have positioned it as a leader in the asset management sector. The company's unique catalysts, including the Pennsylvania project and the 401(k) narrative, have set it apart from peers like BlackRock, which has also seen gains but to a lesser extent. The market's bullish sentiment is further supported by technical indicators, with the stock trading at a 4.3% premium to its 200-day moving average and options volatility surging. This suggests a sustained breakout and potential for further gains.