Blackstone Beats Earnings, Misses Profit. Stock Sinks

Group 1 - Blackstone (BX) reported third quarter earnings of $1.52 per share, exceeding analyst expectations of $1.23, marking a 29 cent increase [1] - The company's quarterly revenue reached $3.3 billion, indicating strong performance [1] - Despite beating earnings and revenue expectations, Blackstone's stock dropped nearly 3% at market open [1] Group 2 - The stock market is currently anticipating a rate cut from the Federal Reserve, with Fed chief Powell's comments being closely watched [2] - Nvidia's stock fell due to reports of a ban in China, impacting market sentiment [2] - The Dow Jones Index has rallied above 46,000, with Blackstone and Tesla hitting new buy points [4]