Why Nasdaq Stock Surged Today
Nasdaq's ongoing transformation seems to be paying immediate dividends.
| Ticker |
NDAQ
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| CIK | 0001120193 |
| SIC | 6200 |
| Sector | Finance, Insurance, And Real Estate |
| Industry Category | Trading |
| Industry Group | Security And Commodity Brokers, Dealers, Exchanges & Services |
| Address | 151 W. 42ND STREET, NEW YORK, NY, 10036 |
| Website | nasdaq.com |
| Phone | 1 212 401 8700 |
| CEO | Adena T. Friedman |
| Employees | 6,380 |
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Standardized FinancialsdocsIntrinio provides professional-grade historical financial data. This data is standardized, cleansed and verified to ensure the highest quality data sourced directly from the XBRL financial statements. The primary purpose of standardized financials are to facilitate comparability across a single company’s fundamentals and across all companies fundamentals. For example, it is possible to compare total revenues between two companies as of a certain point in time, or within a single company across multiple time periods. This is not possible using the as reported financial statements because of the inherent complexity of reporting standards. Below is a preview of several data points from each financial statement, as well as a sample of our many calculated metrics: |
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Latest NewsdocsIntrinio provides up-to-date news articles on every US company from various sources. Here are several examples: |
Why Nasdaq Stock Surged TodayNasdaq's ongoing transformation seems to be paying immediate dividends. Nasdaq Stock Jumps on Strong Financial-Technology EarningsShares of Nasdaq climbed 5.5%, putting them on track for their highest close since December 2022, after the exchange operator reported better-than expected quarterly earnings and growing sales in its financial-technology business. Nasdaq Chief Executive Adena Friedman has sought to reduce the company’s reliance on its traditional core business of running markets, transforming it into more of a tech provider serving banks and other financial firms. Thursday’s earnings suggested that Friedman’s strategy was working: + Nasdaq reported net revenues of $1.16 billion for the quarter, beating analysts’ forecast of $1.13 billion, with the outperformance largely thanks to sales of financial technology. Nasdaq CEO Adena Friedman Sees IPO Momentum Picking Up In 2025(Bloomberg) -- The market for initial public offerings is slowly coming back and expected to gain traction next year, according to Nasdaq Inc. Chief Executive Officer Adena Friedman. Most Read from BloombergTrump Risks Losing Voters He Needs With Loaded Attacks on HarrisHarris Just Showed Why Trump Is So Afraid of HerStocks Caught in Tug of War Between Tech and Rest: Markets WrapMarkets Tear Up Popular Trades That Reached ‘Stupid Levels’I Changed My Mind. The Fed Needs to Cut Rates Now.“We’re se Nasdaq Q2 Earnings: Revenue Surge, Financial Tech and Index Segments Show Strong GrowthNasdaq, Inc. (NASDAQ:NDAQ) reported second-quarter revenue growth of 25% year-on-year to $1.16 billion, beating the analyst consensus estimate of $1.13 billion. The financial services company reported an adjusted EPS of $0.69, which beat the analyst consensus estimate of $0.64. Nasdaq’s Annualized Recurring Revenue (ARR) increased 29% Y/Y to $2.7 billion. Also Read: Nasdaq Intensifies Scrutiny On Small Chinese And Hong Kong IPOs Following 2022’s Extreme Volatility: Report Solutions revenues were Nasdaq: Q2 Earnings SnapshotThe New York-based company said it had profit of 38 cents per share. Earnings, adjusted for one-time gains and costs, came to 69 cents per share. The results topped Wall Street expectations. |