Exchange Traded Concepts – Bitwise Crypto Industry Innovators (BITQ) ETF Gains 4.24% to Close at $ 25.10 on October 15

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Today, the share of Exchange Traded Concepts Trust – Bitwise Crypto Industry Innovators ETF Inc (NYSE: BITQ) gained $ 1.02, an increase of 4.24%. Exchange Traded Concepts – The Bitwise Crypto Industry Innovators ETF opened at $ 24.59 before trading between $ 25.25 and $ 24.59 throughout Friday’s session. The activity saw the market cap of Exchange Traded Concepts – Bitwise Crypto Industry Innovators ETF rise to $ 82,830,000 on 114,729 stocks – above their 30-day average of 83,121.

Visit the Exchange Traded Concepts Trust – Bitwise Crypto Industry Innovators ETF Profile for more information.

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JPMorgan misses third quarter revenue, beats profit estimates with one-off items

JPMorgan Chase posted a 24% rise in third-quarter profits on Wednesday, largely thanks to one-off items that boosted results as the bank struggled to increase revenue with interest rates close zero.

The country’s largest bank by assets said it made a profit of $ 11.69 billion, or $ 3.74 per share, compared to profit of $ 9.44 billion, or $ 2.92 per share. share, during the same period a year earlier. The bank had two one-time items that helped boost profits this quarter: a $ 566 million tax break and the release of $ 2.1 billion from its troubled loan books, which JPMorgan does every three months. since the US economy began to recover from the pandemic.

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Emerson Electric to Merge Industrial Software Companies 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 an $ 11 billion deal.

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

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BlackRock beats third quarter earnings estimates, but asset growth flattens

BlackRock Inc topped third quarter earnings estimates, helped by high performance fees and strong demand for its actively managed and sustainable funds, even as market volatility kept the world’s largest fund manager from increase its assets under management.

Asset managers have benefited from the surge in global financial markets in recent quarters as investors put money to work, making the most of the post-pandemic economic reopening, driven by advances in vaccinations and a strong fiscal and monetary assistance.

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About the New York Stock Exchange

The New York Stock Exchange is the world’s largest stock exchange in terms of market value with more than $ 26 trillion. It is also the leader in initial public offerings, with $ 82 billion raised in 2020, including six of the seven largest tech deals. 63% of PSPC proceeds in 2020 were raised on the NYSE, including the six biggest deals.

To get more information about Exchange Traded Concepts Trust – Bitwise Crypto Industry Innovators ETF and to keep up with the latest company updates, you can visit the company profile page here: Exchange Traded Concepts Trust – Bitwise Crypto Industry Innovators ETF’s Profile. For more information on the financial markets, be sure to visit Equities News. Also, don’t forget to sign up for the Daily Fix to get the best stories delivered to your inbox 5 days a week.

Sources: The chart is provided by TradingView on the basis of prices delayed by 15 minutes. All other data is provided by IEX Cloud as of 8:05 p.m. ET on the day of publication.

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