Core Insights - Nasdaq has appointed Brandis DeSimone as Senior Vice President, Head of East Coast Listings, reinforcing its commitment to support companies throughout their corporate lifecycle [1][3] - In 2024, Nasdaq raised $22.97 billion in IPO proceeds across 180 listings, and has celebrated over 500 transfers to its exchange since 2005 [1][4] Company Overview - Nasdaq is recognized as the leading U.S. exchange, providing a comprehensive suite of solutions for investor relations, governance, index inclusion, and visibility offerings [4] - The company aims to enhance its role as a strategic partner to corporate clients by leveraging DeSimone's extensive experience and understanding of market trends and investor needs [2][4] Leadership and Strategy - Brandis DeSimone brings nearly two decades of experience in financial services, with over 13 years at Nasdaq, where she has held multiple senior positions focused on business development and client success [2][3] - The newly established regional operational structure is designed to drive greater connectivity with clients and accelerate growth, aligning with Nasdaq's evolution centered around client needs [4]

The appointment strengthens Nasdaq’s commitment to supporting companies throughout their corporate lifecycle Nasdaq is the exchange of choice for new listings and exchange transfers in the US, raising $22.97 Billion in IPO proceeds across 180 listings in 2024 and celebrating over 500 transfers to Nasdaq since 2005 NEW YORK, March 03, 2025 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced the appointment of Brandis DeSimone as Senior Vice President, Head of East Coast Listings. Under the recently e ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Market Sentiment - The CNN Money Fear and Greed index showed improvement in overall market sentiment but remained in the "Extreme Fear" zone with a reading of 19.7, up from 18.7 [1][4] - U.S. stocks experienced a positive session, with the Dow Jones index increasing by approximately 601 points to close at 43,840.91 [3] Sector Performance - The tech sector rebounded from previous losses, with Nvidia Corp. (NVDA) rising by 4% and Tesla Inc. (TSLA) increasing by 3.9% [1] - All sectors on the S&P 500 closed positively, with information technology, financial, and consumer discretionary stocks showing the largest gains [2] Economic Indicators - The PCE data indicated the first decline in the price index in four months, which provided relief to investors and supported expectations for potential Fed rate cuts in 2025 [2] - The S&P 500 rose by 1.59% to 5,954.50, while the Nasdaq Composite gained 1.63% to 18,847.28 during the same session [3] Upcoming Earnings - Investors are anticipating earnings results from California Resources Corp. (CRC), Nomad Foods Ltd. (NOMD), and Okta Inc. (OKTA) [3]

Core Viewpoint - The technology sector is experiencing significant volatility, with Nvidia's earnings not alleviating broader concerns about a slowdown in the AI sector and weakening consumer demand, leading to a notable decline in tech stocks [1][2]. Group 1: Market Overview - The Nasdaq Composite index closed at 18,544.42, down 2.8% on February 27, marking its lowest point since the day before the election nearly four months ago [1]. - The Nasdaq is down more than 8% from its peak closing value of 20,173.89 on December 16, indicating it is nearing a correction, typically defined as a drop of 10% or more from a recent peak [2]. Group 2: Investment Opportunities - **MercadoLibre**: - The company reported a 37% increase in revenue to $6.1 billion in the fourth quarter, with a 13.5% operating margin [4]. - MercadoLibre continues to thrive in the e-commerce and fintech sectors in Latin America, benefiting from underpenetrated markets and a diverse business model [5][6]. - **Axon Enterprise**: - Axon reported a 33% revenue increase and is less affected by economic cycles due to its focus on law enforcement technology [7][9]. - The company is innovating with new technologies like drones and generative AI, expanding its customer base beyond law enforcement [8][9]. - **Upstart**: - Upstart's revenue grew by 56% to $219 million in the fourth quarter, with an improved loan conversion rate from 11.6% to 19.3% [12][13]. - The company has introduced a new AI-based model that enhances its loan screening process, positioning it for growth despite challenging interest rate environments [12][13].

Group 1 - Nasdaq has updated the timing for its presentation at the Morgan Stanley Technology, Media & Telecom Conference, which will now take place on March 3, 2025, at 4:05 PM PT (7:05 PM ET) [1] - Sarah Youngwood, the CFO of Nasdaq, will be the presenter at the conference [1] - A webcast of the presentation will be available on Nasdaq's Investor Relations website [1] Group 2 - Nasdaq is a global technology company that serves various clients including corporate clients, investment managers, banks, brokers, and exchange operators [2] - The company aims to enhance liquidity, transparency, and integrity in the global economy through its diverse offerings of data, analytics, software, and exchange capabilities [2] - Nasdaq provides client-centric services that enable clients to execute their business vision with confidence [2]

Core Viewpoint - Nasdaq's Q4 2024 earnings report showed adjusted earnings per share of 76 cents, surpassing estimates and reflecting a 5% year-over-year improvement driven by higher revenues and reduced expenses [2][3]. Financial Performance - Nasdaq's net revenues reached $1.2 billion, a 10% increase year-over-year, although it slightly missed the Zacks Consensus Estimate by 0.1% [3]. - Annualized Recurring Revenue (ARR) grew by 7% year-over-year, while Annualized SaaS revenues increased by 14%, accounting for 37% of ARR [3]. - Market Services net revenues were $268 million, up 8%, primarily due to increases in U.S. equity derivatives and cash equities [4]. - Solutions business revenues rose 10% year-over-year to $949 million, driven by strong growth in Index and Financial Technology [4]. Expense Management - Adjusted operating expenses were $710 million, down 7% from the previous year, attributed to lower merger costs and administrative expenses, despite some increases due to the acquisition of Adenza [5]. - The operating margin remained flat at 55% year-over-year [6]. Annual Highlights - For the full year 2024, adjusted earnings per share were $2.82, unchanged from the previous year, but slightly above estimates [7]. - Total net revenues for 2024 were $4.6 billion, a 19% increase year-over-year, with Solutions revenues up 25% [8]. - Market Services net revenues totaled $1 billion, reflecting a 3% increase [8]. Cash Flow and Capital Deployment - As of December 31, 2024, Nasdaq had cash and cash equivalents of $592 million, a 30.6% increase from the end of 2023, while long-term debt decreased by 10.6% to $9.1 billion [10]. - The company returned $138 million to shareholders through dividends in Q4 2024 and repurchased $181 million of senior unsecured notes [11]. Future Guidance - Nasdaq anticipates 2025 non-GAAP operating expenses to be between $2,245 million and $2,325 million, with a non-GAAP tax rate forecasted between 22.5% and 24.5% [12]. Market Sentiment - Estimates for Nasdaq have been trending upward, indicating a positive outlook, with a Zacks Rank of 2 (Buy) suggesting an expectation of above-average returns in the coming months [15].

The CNN Money Fear and Greed index showed further decline in the overall market sentiment, while the index remained in the “Extreme Fear” zone on Thursday.U.S. stocks settled lower on Thursday, with the Nasdaq Composite dipping more than 500 points during the session.Nvidia Corp. NVDA shares plunged more than 8% on Thursday after the company released fourth-quarter results.On the economic data front, the second estimate released Thursday by the U.S. Bureau of Economic Analysis revised fourth quarter 2024 re ...

RONKONKOMA, N.Y., Feb. 27, 2025 (GLOBE NEWSWIRE) -- SUNation Energy, Inc. (Nasdaq: SUNE), a leading provider of sustainable solar energy and backup power solutions for households, businesses, and municipalities, today announced that it has entered into a securities purchase agreement with certain institutional investors for the purchase and sale of 17,391,306 shares of the Company’s common stock (or common stock equivalents in lieu thereof) Series A warrants to purchase up to an aggregate 17,391,306 shares ...

分组1 - Nvidia reported a 78% revenue surge to $39 billion for its fourth-quarter earnings, driven by strong demand for its new Blackwell AI chips, which generated $11 billion in sales [5] - The company forecasts $42 billion in revenue for the next quarter, indicating continued growth momentum [5] - Despite the revenue increase, there are concerns about rising production costs for the Blackwell chips, which may pressure profit margins and long-term profitability [6] 分组2 - Market reaction to Nvidia's earnings has been relatively muted, with a pre-market gain of 2.5% being half the average move seen in the stock after earnings reports over the past two years [6] - Nvidia's stock is down 3% year-to-date, suggesting potential issues affecting its performance compared to previous trends [7] - The shift of investment from Western to Eastern markets, particularly in tech, is impacting US stocks and may limit Nvidia's stock price upside despite strong earnings [8]