Welcome to our dedicated page for Nasdaq news (Ticker: NDAQ), a resource for investors and traders seeking the latest updates and insights on Nasdaq stock.
Nasdaq, Inc. (symbol: NDAQ) is a global technology company and a leading provider of capital market services, established in 1971. Initially known for its equity exchange, Nasdaq has evolved into a diversified technology provider that delivers solutions across multiple segments, including market services, information services, and corporate services.
Market Services: This segment represents approximately 35% of Nasdaq's revenue and includes trading, clearing, and market technology services. Nasdaq operates one of the world's largest electronic stock exchanges, facilitating efficient and reliable trading.
Information Services: Contributing about 30% of the company's sales, this segment offers market data, analytics, and Nasdaq-branded indexes to asset managers and investors, providing essential tools for informed decision-making.
Corporate Services: Accounting for 20% of revenue, Nasdaq's corporate services include listing services and investor relations products that support publicly traded companies in meeting their regulatory requirements and enhancing investor engagement.
Market Technology: Representing 15% of the firm's revenue, this segment delivers technology solutions that enable the operation of other exchanges around the world, as well as financial compliance services.
Recent Achievements: Nasdaq continues to be at the forefront of technological advancements, incorporating AI capabilities to support capital markets, thereby enhancing liquidity, transparency, and integrity in the financial ecosystem. The company is also involved in strategic partnerships, such as its recent collaboration with FIA Tech to improve data sharing and reduce systemic inefficiency in the global post-trade network.
With a strong commitment to innovation, Nasdaq has successfully transitioned from a U.S.-based equities exchange to a global leader in technology and information services. The company's diverse product offerings and client-centric approach enable businesses to optimize their operations and achieve their business goals with confidence.
Financial Overview: Nasdaq's financial performance has been robust, with consistent revenue growth driven by its diversified business model. The company's strategic investments and focus on scalability and efficiency have positioned it well for sustained growth and profitability.
For the latest updates, financial results, and developments, visit the Nasdaq Investor Relations website at http://ir.nasdaq.com.
Nasdaq reported short interest positions for the settlement date of October 15, 2024. In Nasdaq Global Market securities, short interest totaled 12,303,886,017 shares across 3,089 securities, up from 12,246,444,747 shares in the previous period. The mid-October short interest represents 3.26 days average daily volume.
For the Nasdaq Capital Market, short interest was 2,127,809,664 shares across 1,659 securities, down from 2,136,615,501 shares previously. Overall, total short interest across all 4,748 Nasdaq securities reached 14,431,695,681 shares, with an average daily volume of 2.58 days, compared to 2.49 days in the prior period.
Nasdaq (NDAQ) has announced its Board of Directors has declared a regular quarterly dividend of $0.24 per share on the company's outstanding common stock. The dividend will be paid on December 20, 2024, to shareholders of record as of December 6, 2024. Future dividend declarations and related dates remain subject to Board approval.
Nasdaq (NDAQ) reported strong Q3 2024 results with net revenue of $1.1 billion, up 22% year-over-year. Solutions revenue increased 26% to $872 million, while Market Services revenue grew 13% to $266 million. The company achieved Annualized Recurring Revenue (ARR) of $2.7 billion, up 31% YoY. Financial Technology revenue rose 56% to $371 million, and Index revenue increased 26% with $62 billion in net inflows over trailing twelve months. GAAP diluted EPS decreased 11%, while non-GAAP diluted EPS increased 5%. The company returned $226 million to shareholders through dividends and stock repurchases.
The Nasdaq Stock Market has announced the delisting of Minim, Inc.'s common stock. The company's securities have been suspended since July 24, 2024, with no trading activity on Nasdaq since then. The delisting process will be completed through a Form 25 filing with the SEC, becoming effective ten days after filing. The securities may continue trading on other venues, subject to the company's public filings and direct communications.
Nasdaq (NDAQ) has announced the resumption of trading for Nebius Group N.V. (NBIS) on October 21, 2024, at 9:00 a.m. Eastern Time. This follows a trading halt that began on February 28, 2022, at 6:38 a.m. Eastern Time, when the company was known as Yandex N.V. (YNDX).
The announcement highlights the transition of the company from its former identity to Nebius Group N.V., along with a change in its stock symbol from YNDX to NBIS. Nasdaq encourages interested parties to contact the company directly or use InfoQuotesSM on the Nasdaq website for additional information about Nebius Group N.V.
Nasdaq (NDAQ) has developed an innovative methodology for investment portfolio risk calculations and predictive analytics using advanced machine learning. This new functionality will be integrated into Nasdaq's Calypso platform, used by financial institutions globally for capital markets access, treasury workflows, risk management, and regulatory reporting.
The technology, called XVA Accelerator, uses Chebyshev Tensors and a patented technique from MoCaX Intelligence to process complex risk calculations up to 100 times faster than traditional methods. It can significantly reduce the physical infrastructure required for these calculations, addressing the industry's need for more efficient and cost-effective risk analytics.
This innovation comes as financial institutions face increasingly complex regulatory requirements and the need for more sophisticated risk modeling. The XVA Accelerator can handle up to 1 trillion calculations per day for a typical portfolio, adapting to changing market conditions and providing more timely risk analytics during periods of heightened volatility.
The Nasdaq Stock Market (NDAQ) has announced the delisting of securities from 16 companies, including Gamer Pakistan, Biotricity, Zalatoris II Acquisition, Warrantee, Spectaire Holdings, Centogene, DZS, Corner Growth Acquisition Corp. 2, Collective Audience, Grom Social Enterprises, Fintech Ecosystem Development, Edgio, Kineta, BurgerFi International, A SPAC II Acquisition, and African Agriculture Holdings. The delistings affect various types of securities such as common stocks, warrants, units, and American Depositary Shares.
All affected securities were suspended from trading on Nasdaq between August 5 and September 26, 2024, and have not traded since their respective suspension dates. For more information, Nasdaq directs interested parties to their website and the Nasdaq Rule 5800 Series governing the delisting of securities.
Nasdaq (NDAQ) has risen to 5th place in Chartis' annual RiskTech100® global ranking, up from 18th place in 2023. This significant jump comes less than a year after Nasdaq's acquisition of Adenza and the establishment of its Financial Technology division. The company also won two awards for its financial crime management and regulatory reporting technology.
Nasdaq's Capital Markets Technology serves as a backbone for over 130 financial market operators globally, including more than half of the world's largest exchanges. The company's Regulatory Technology solutions, including AxiomSL and Verafin, help clients comply with regulatory requirements across 55 countries and 110 regulators.
Nasdaq's technology is used by 97% of global systematically important banks, half of the world's top 25 stock exchanges, and 35 central banks and regulatory authorities. The company's ranking also considered its board management software, sustainability reporting platform, and ESG AI Research and Benchmarking solution.
Nasdaq has released its end-of-month open short interest positions for Nasdaq stocks as of the settlement date September 30, 2024. Key points include:
- Short interest in 3,067 Nasdaq Global Market securities totaled 12,246,444,747 shares, up from 12,241,625,467 shares in 3,057 issues on September 13, 2024.
- This represents 2.94 days of average daily volume, down from 3.06 days in the previous period.
- For 1,663 Nasdaq Capital Market securities, short interest totaled 2,136,615,501 shares, up from 2,107,947,669 shares in 1,670 securities previously.
- Overall, short interest in all 4,730 Nasdaq securities totaled 14,383,060,248 shares, representing 2.49 days of average daily volume.
The report provides insights into short selling activity across Nasdaq-listed securities, which can be an indicator of market sentiment and potential price movements.
Nasdaq (NDAQ) has announced that trading in BAIYU Holdings, Inc. (BYU) will resume on October 9, 2024, at 9:00 a.m. Eastern Time. The company's stock trading was halted on September 5, 2024, at 7:50 p.m. Eastern Time. Nasdaq advises interested parties to contact the company directly or use InfoQuotes℠ on the Nasdaq website for additional information about BAIYU Holdings.
For more details about The Nasdaq Stock Market, individuals can visit the official Nasdaq website at http://www.nasdaq.com. Media inquiries can be directed to Sophia Weiss at Sophia.Weiss@nasdaq.com.