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 announced mid-month open short interest positions for Nasdaq stocks as of May 15, 2024. Short interest in 3,063 Nasdaq Global Market securities totaled 11.65 billion shares, a slight decrease from the previous period's 11.68 billion shares in 3,072 issues. This represents an average of 3.15 days to cover, down from 3.29 days. For the Nasdaq Capital Market, short interest in 1,719 securities totaled 1.97 billion shares, nearly unchanged from 1.97 billion shares in 1,721 securities previously. The average daily volume increased to 1.61 days from 1.37 days. Overall, short interest in all 4,782 Nasdaq securities amounted to 13.62 billion shares, slightly down from 13.66 billion shares in 4,793 issues, representing an average of 2.77 days to cover, up from 2.73 days. Short sales involve the sale of securities not owned by the seller and are typically completed by borrowing the securities.
The Nasdaq Stock Market announced the delisting of several companies: Better Therapeutics, Tritium DCFC, Arcimoto, Next.e.GO, Acutus Medical, and NeuBase Therapeutics.
These companies had their securities suspended on various dates between March 18, 2024, and May 13, 2024, and have not traded since their respective suspension dates. This action underscores the importance of adhering to Nasdaq's listing requirements.
For more detailed information, Nasdaq’s rules on delisting can be accessed on their official website.
On May 15, 2024, Nasdaq (NDAQ) announced a new AI-powered feature for its Market Surveillance technology, aimed at enhancing market abuse investigations. This generative AI feature, developed using Amazon Bedrock, will improve the quality, speed, and efficiency of these investigations, reducing investigation time by 33%. The technology consolidates and analyzes data, aiding analysts in detecting and assessing suspicious activities more effectively. This enhancement is part of Nasdaq's broader AI strategy, which spans multiple business units, including North American Markets Services and Financial Crime Management Technology. The initiative underscores Nasdaq's commitment to maintaining market integrity and leveraging advanced technologies to support global financial systems.
Nasdaq (NDAQ) announced its 2024 Annual Meeting of Shareholders is scheduled for June 11, 2024, at 8:00 AM ET. The virtual meeting can be accessed 15 minutes before the start via www.virtualshareholdermeeting.com/NDAQ2024. Shareholders on record as of April 15, 2024, are eligible to vote and participate. Relevant documents, including the 2024 Proxy Statement and 2023 Annual Report on Form 10-K, are available at www.nasdaq.com/annual-meeting. The Proxy Statement provides details on voting and virtual attendance procedures.
Nasdaq reported short interest data for the month ending April 30, 2024, showing an increase in short interest in Nasdaq Global Market and Nasdaq Capital Market securities compared to the previous reporting period. The total short interest in all Nasdaq securities saw a slight increase, reflecting 2.73 days average daily volume for the reporting period.
Nasdaq (NDAQ) reported monthly volumes for April 2024 on its investor relations website. The data can be found at the provided link.
The Southern California NIRI chapters and Nasdaq are hosting the 2nd Annual NIRI SoCal Conference on May 16th, 2024, in Irvine, CA. The event will focus on key issues in investor relations, finance, and corporate communications, featuring panel discussions with industry experts and opportunities for networking and learning.
The 2nd Annual NIRI SoCal Conference hosted by Southern California NIRI Chapters and Nasdaq will take place on May 16th, 2024, in Irvine, CA. The event will focus on issues relevant to public companies in investor relations, finance, and communications. The conference will feature panel discussions, networking opportunities, and insights from industry experts.