Blackstone Group (NYSE:BX) reported quarterly earnings of $1.07 per share which beat the analyst consensus estimate of $0.95 by 12.63 percent. This is a 37.43 percent decrease over earnings of $1.71 per share from the same period last year. The company reported quarterly sales of $2.34 billion which missed the analyst consensus estimate of $2.74 billion by 14.60 percent. This is a 47.50 percent decrease over sales of $4.46 billion the same period last year.
Why Bitcoin-Related Stock Hut 8 Mining Is Rising
Hut 8 Mining Corp (NASDAQ: HUT) shares are trading higher following mention of the stock on CNBC's Unusual Options Activity. The stock gained yesterday after the company provided a production update for August 2021:
