Tidal ETF - SoFi Gig Economy ETF (GIGE) gains 2.15% for October 13

Equities Staff  |

Tidal ETF Trust - SoFi Gig Economy ETF (NASDAQ: GIGE) gained to close at $36.11 Wednesday after gaining $0.76 (2.15%) on volume of 3,585 shares. The stock ranged from a high of $36.13 to a low of $35.97 while Tidal ETF - SoFi Gig Economy ETF’s market cap now stands at $30,693,500.

Visit Tidal ETF Trust - SoFi Gig Economy ETF’s profile for more information.

The Daily Fix

Emerson Electric To Merge Industrial Software Businesses With Aspen Technology

Industrial software maker Emerson Electric Co (NYSE: EMR) will merge two of its businesses with smaller rival, Aspen Technology Inc (Nasdaq:AZPN), in a deal worth $11 billion. 

The cash-and-stock transaction announced Monday values AspenTech at about $160 per share, a 27% premium to its Oct. 6 close, before Bloomberg News first reported on talks between the two companies. 

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JPMorgan Misses on Third Quarter Revenue, Beats Earnings Estimates With One-Time Items
 

JPMorgan Chase posted a 24% jump in third-quarter profits on Wednesday, largely driven by one-time items that boosted its results, as the bank struggled to grow revenues with interest rates at near-zero levels.

The nation’s largest bank by assets said it earned a profit of $11.69 billion, or $3.74 per share, compared with a profit of $9.44 billion, or $2.92 per share, in the same period a year earlier. The bank had two one-time items that helped boost its profits this quarter: a $566 million income tax benefit and the release of $2.1 billion from its troubled loans books, something the JPMorgan has been doing every three months since the U.S. economy started recovering from the pandemic.

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To get more information on Tidal ETF Trust - SoFi Gig Economy ETF and to follow the company’s latest updates, you can visit the company’s profile page here: Tidal ETF Trust - SoFi Gig Economy ETF’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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