WSJ Your Money Briefing
What's News in Earnings: Why Some Money Managers Are Trailing the Market
11 Aug 2025
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. Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
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