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Why Is Nasdaq (NDAQ) Down 1.8% Since Last Earnings Report?
ZACKS· 2025-02-28 17:35
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].
Nasdaq Tumbles Over 500 Points As Nvidia Plunges Post Q4 Results: Investor Sentiment Declines Further, Greed Index Remains In 'Extreme Fear' Zone
Benzinga· 2025-02-28 05:10
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 ...
SUNation Energy Announces $20 Million Registered Direct Offering Priced at the Market Under Nasdaq Rules
GlobeNewswire News Room· 2025-02-27 13:45
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 ...
Nasdaq set to climb as investors mull Nvidia earnings and Trump's tariffs confirmation
Proactiveinvestors NA· 2025-02-27 13:06
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]
Gorilla Technology Featured in Nasdaq Amplify Issuer Spotlight: Showcasing Global Expansion and AI-Driven Innovation
Newsfile· 2025-02-27 13:00
Core Insights - Gorilla Technology Group Inc. is focused on building smart cities and enhancing security through AI-powered solutions, emphasizing a consultative approach to meet customer needs [2][3]. Company Overview - Gorilla Technology Group Inc. is headquartered in London, UK, and operates as a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology [5]. - The company offers a range of solutions across various sectors, including Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare, and Education, utilizing AI and Deep Learning Technologies [5]. Technology and Solutions - The company specializes in urban operations, security enhancement, and resilience through AI-driven technologies such as intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics, and advanced cybersecurity [6]. - By integrating these technologies, Gorilla aims to empower Smart Cities, improving efficiency, safety, and overall quality of life for residents [6].
Austria's Regulatory Reporting Infrastructure to Move to the Cloud with Nasdaq AxiomSL
Newsfilter· 2025-02-27 08:00
Core Viewpoint - Nasdaq has entered into a technology partnership with Austrian Reporting Services (AuRep) to enhance regulatory reporting for the Austrian financial services industry, focusing on compliance with the EU's Integrated Reporting Framework (IReF) [1][2][3] Group 1: Partnership Details - The agreement will facilitate approximately 90% of Austrian credit institutions transitioning their regulatory reporting infrastructure to the cloud, moving from legacy on-premises solutions to Nasdaq AxiomSL [2][3] - AuRep is a collaborative initiative among major banks and financial service providers in Austria, aimed at consolidating regulatory reporting onto a shared platform [1][4] Group 2: Technology and Compliance - Nasdaq AxiomSL will enable AuRep to quickly implement regulatory updates and scale operations to meet the needs of the Austrian banking community, ensuring compliance with future regulations like IReF [3][4] - The IReF aims to standardize statistical reporting across euro area banks, increasing the volume and frequency of data submissions, necessitating modernization of data architecture for compliance [3][4] Group 3: Platform Capabilities - Nasdaq AxiomSL is designed to simplify regulatory reporting processes, allowing clients to centralize and scale their reporting from a single cloud-enabled platform, supporting compliance with 110 regulators across 55 jurisdictions [5][6] - Nasdaq's technology is utilized by 97% of global systematically important banks and over 3,500 clients in the financial services sector, showcasing its extensive reach and expertise [6]
Austria's Regulatory Reporting Infrastructure to Move to the Cloud with Nasdaq AxiomSL
GlobeNewswire News Room· 2025-02-27 08:00
Core Insights - Nasdaq has entered a technology partnership with Austrian Reporting Services (AuRep) to enhance regulatory reporting for the Austrian financial services industry [1][2] - The collaboration aims to transition approximately 90% of Austrian credit institutions to a cloud-based regulatory reporting infrastructure using Nasdaq AxiomSL [2][3] - The partnership is designed to address increasing regulatory complexities and demands for compliance in the European banking sector [3][4] Company Overview - AuRep is a collaborative initiative among major banks and financial service providers in Austria, established to streamline regulatory reporting onto a unified platform [1][4] - Nasdaq AxiomSL is a comprehensive data management and regulatory reporting platform that supports compliance with 110 regulators across 55 jurisdictions [5][6] - Nasdaq's technology is utilized by 97% of globally significant banks and over 3,500 clients in the financial services industry [6] Regulatory Context - The partnership will facilitate compliance with the EU's Integrated Reporting Framework (IReF), which aims to standardize statistical reporting across euro area banks [3][4] - IReF is expected to increase the volume, granularity, and frequency of data submissions, necessitating modernization of data architecture for compliance [3][4] - The transition to Nasdaq AxiomSL will enable rapid deployment of regulatory updates and scalability for the Austrian banking community [3][4]
Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date February 14, 2025
Globenewswire· 2025-02-26 21:05
NEW YORK, Feb. 26, 2025 (GLOBE NEWSWIRE) -- At the end of the settlement date of February 14, 2025, short interest in 3,121 Nasdaq Global MarketSM securities totaled 12,649,030,702 shares compared with 12,170,722,591 shares in 3,109 Global Market issues reported for the prior settlement date of January 31, 2025. The mid-February short interest represents 2.64 days compared with 2.69 days for the prior reporting period. Short interest in 1,629 securities on The Nasdaq Capital MarketSM totaled 2,531,037,044 s ...
Nasdaq Surges 150 Points; Lowe's Posts Upbeat Earnings
Benzinga· 2025-02-26 18:05
Market Overview - U.S. stocks showed mixed performance with the Nasdaq Composite gaining approximately 150 points, while the Dow decreased by 0.06% to 43,594.06 and the S&P 500 rose by 0.46% to 5,983.30 [1] - Information technology shares increased by 1.4%, while consumer staples shares fell by 1.6% [1] Company Earnings - Lowe's Companies, Inc. reported fourth-quarter adjusted earnings per share of $1.93, exceeding the expected $1.84, with quarterly sales of $18.553 billion, a slight decline of 0.3% year-over-year but above the analyst consensus of $18.292 billion [2] - For 2025, Lowe's projects EPS between $12.15 and $12.40, which is below the consensus estimate of $12.51, and total sales are expected to be between $83.5 billion and $84.5 billion, compared to the consensus of $84.56 billion [3] Stock Movements - Enveric Biosciences, Inc. saw its shares surge by 108% to $2.4540 following positive news regarding its non-hallucinogenic psychedelic compounds [8] - Mullen Automotive, Inc. shares increased by 72% to $4.0685 after its vehicles were added to a government purchasing contract [8] - Porch Group, Inc. shares rose by 65% to $6.25 after reporting fourth-quarter financial results [8] - Flywire Corporation's shares dropped by 41% to $10.48 due to worse-than-expected fourth-quarter results [8] - Venus Concept Inc. shares fell by 34% to $0.3540 following several senior management changes [8] - Geron Corporation's shares decreased by 31% to $1.64 after posting quarterly results [8]
Nasdaq 100: Chip Stocks Rally as Nvidia Earnings Loom—Can AI Drive Market Gains?
FX Empire· 2025-02-26 16:00
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