Exhibit 99.1 Nasdaq Reports First Quarter 2025 Results; Diversified Business Model Driving Broad-Based Revenue Growth NEW YORK, April 24, 2025—Nasdaq, Inc. (Nasdaq: NDAQ) today reported financial results for the first quarter of 2025. First Quarter 2025 Highlights | (US$ millions, except per share) | 1Q25 | YoY change % | Adjusted YoY change % | Organic6 YoY change % | | --- | --- | --- | --- | --- | | Solutions revenue | $ 947 | 9% | 11% | 9% | | Market Services net revenue | $ 281 | 19% | 19% | 19% | | Ne ...

智通财经4月24日电，纳斯达克公司第一季度净营收为12.4亿美元，同比增长11%；第一季度调整后每 股收益为79美分，预期为77美分。 ...

Core Points - Nasdaq, Inc. has declared a quarterly dividend of $0.27 per share, representing a 13% increase from the previous quarter [1] - The dividend is scheduled to be paid on June 27, 2025, to shareholders of record as of June 13, 2025 [1] - Future dividend declarations and payment dates are subject to the approval of the Board of Directors [1] Company Overview - Nasdaq is a leading global technology company that serves 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, including data, analytics, software, and exchange capabilities [2] - Nasdaq provides client-centric services that enable clients to optimize and execute their business vision with confidence [2]

Core Insights - Nasdaq, Inc. reported strong financial results for Q1 2025, highlighting resilience and growth across all divisions despite a rapidly changing environment [2][3][5] Financial Performance - Net revenue for Q1 2025 was $1,237 million, an increase of 11% year-over-year, with adjusted net revenue growth of 12.5% [5][6] - Solutions revenue reached $947 million, up 9% year-over-year, and 11% on an adjusted basis, driven by strong growth in Index and Financial Technology [5][6] - Market Services net revenue was $281 million, reflecting a 19% increase compared to the previous year [10] - Non-GAAP operating income was $682 million, a 15% increase year-over-year, with a non-GAAP operating margin of 55% [40] - GAAP diluted earnings per share (EPS) grew 69% to $0.68, while non-GAAP diluted EPS increased 24% to $0.79 [5][29] Annualized Recurring Revenue (ARR) - ARR for Q1 2025 was $2,831 million, an 8% increase year-over-year, with organic growth of 9% [5][6] - Financial Technology ARR grew 12% on an organic basis, indicating strong client engagement and product adoption [11] Strategic Initiatives - Nasdaq is focused on capital allocation strategies, including investing in organic growth, reducing debt, and share repurchases, returning $138 million to shareholders through dividends and $115 million through stock repurchases in Q1 2025 [3][10] - The company aims to enhance its market access with plans for 24/5 trading by 2026, pending regulatory approval [14] - Nasdaq's partnership with Amazon Web Services aims to provide new cloud-based solutions, enhancing its Financial Technology and Market Services divisions [14] Market Position and Client Engagement - Nasdaq maintained its leadership in listings, welcoming 45 operating company listings that raised nearly $5 billion in proceeds during the quarter [14] - The company achieved record cash equities and derivatives volumes in the U.S., with significant market share growth [14] - Nasdaq Verafin's Co-Pilot tool usage grew by 20% sequentially, demonstrating the value of its innovative solutions [14]

Core Insights - Nasdaq and AWS have announced a modernization blueprint aimed at enhancing local market infrastructures through cloud technology while ensuring data sovereignty and resilience [1][3] - The new suite of solutions, Nasdaq Eqlipse, is designed to provide cloud-ready capabilities and data intelligence throughout the entire trade lifecycle [1][11] - The initial adoption of this blueprint will occur in Nasdaq's Nordic markets, with partnerships expanding to the Johannesburg Stock Exchange and Mexico's Grupo BMV [1][8] Market Challenges and Solutions - Market operators face complexities such as technological acceleration, competitive pressures, regulatory standards, and evolving client needs, necessitating advanced technological capabilities for modernization [2] - Nasdaq and AWS are providing infrastructure, software, and data management services to help market operators modernize cost-effectively while maintaining resilience and control [2] Blueprint Components and Benefits - The blueprint includes three key components focused on optimizing resource investments, operational excellence, and regulatory compliance [5] - It aims to enhance liquidity and capital flows by positioning AWS services and trading systems in close proximity, thus addressing latency and security demands [5][6] - The blueprint promotes seamless, high-speed connections for global market participants, fostering interconnected markets based on a common data architecture [7] Partnerships and Market Modernization - Nasdaq has expanded its modernization partnerships with the Johannesburg Stock Exchange and Grupo BMV, with both exchanges looking to leverage the blueprint for technological advancements [8][10] - The Johannesburg Stock Exchange aims to modernize its technology infrastructure, enhancing global market interconnectivity and liquidity [9][10] - Grupo BMV is evaluating its technology partnership with Nasdaq to improve its post-trade infrastructure and explore cloud capabilities [12][13] Nasdaq Eqlipse Platform - Nasdaq Eqlipse integrates client feedback and development investments, featuring cloud-ready applications and standardized APIs for the entire trade lifecycle [11] - The platform includes Nasdaq Eqlipse Intelligence, which focuses on data management and analytics tailored to market operators' workflows, facilitating AI deployment [11] Future Growth and Economic Impact - The modernization blueprint is expected to create a virtuous cycle of value creation, driving economic growth and wealth generation by connecting local markets to global investment opportunities [3][4] - Nasdaq's Nordic markets will incorporate a managed infrastructure model to enhance service offerings and scalability, powered by AWS [13][14]

CoreWeave's (NASDAQ: CRWV ) recent IPO stumble out of the Nasdaq rodeo chute for bucking bulls, combined with current market volatility, may have created an opportunity for long-term investors. The company intended to price its CoreWeave benefits from the catalyst of the AI bull market.NVIDIA is a powerful partner for CoreWeave.RPO revenue model strategy is excellent. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any ...

Core Insights - The article emphasizes the importance of conducting thorough due diligence before making any financial decisions, particularly in the context of investments and trading activities [1] Group 1 - The content includes general news and personal analysis intended for educational and research purposes [1] - It highlights that the information provided does not constitute any recommendation or advice for investment actions [1] - The article warns that the information may not be accurate or provided in real-time, and prices may be sourced from market makers rather than exchanges [1] Group 2 - The website discusses complex financial instruments such as cryptocurrencies and contracts for difference (CFDs), which carry a high risk of losing money [1] - It encourages users to perform their own research and understand the risks involved before investing in any financial instruments [1] - The article states that FX Empire does not endorse any third-party services and is not liable for any losses incurred from using the information provided [1]

Core Viewpoint - The Nasdaq-100 index is experiencing a bear market, down 23% from its all-time high, primarily due to global trade tensions and tariffs imposed by the U.S. government, leading investors to seek safer assets [1] Company Performance - Netflix operates in over 190 countries, providing a diversified revenue base that insulates it from trade war impacts, and it maintained its full-year forecast despite macroeconomic uncertainties [3] - As of the latest report, Netflix stock is down only 8.6% from its all-time high, outperforming the broader market [4] Subscriber and Revenue Growth - Netflix had 301.6 million paying subscribers at the end of 2024, remaining the largest streaming service, with Amazon Prime and Disney+ trailing at 200 million and 124.6 million subscribers, respectively [6] - The company generated a record $10.5 billion in revenue in Q1 2025, a 12.5% increase year-over-year, exceeding management's growth forecast of 11% [7] Advertising Strategy - Netflix introduced an ad-supported subscription tier in late 2022, priced at $7.99 per month, which could become more valuable as businesses increase marketing spending on the platform [8] - Advertising revenue doubled in 2024, with expectations for similar growth in 2025, supported by the launch of Netflix Ads Suite for targeted advertising [9] Engagement and Live Programming - Live programming, such as NFL games, is expected to enhance user engagement, with Netflix airing two NFL games on Christmas Day 2024, attracting about 30 million viewers each [11] - The company also successfully aired a boxing match that became the most-watched women's sporting event in U.S. history, indicating strong potential for live sports to drive engagement [12] Content Investment - Netflix plans to spend a record $18 billion on content production and licensing in 2025, maintaining its position as the only profitable pure-play streaming platform [13] Valuation and Growth Potential - Netflix reported earnings per share (EPS) of $6.61 in Q1 2025, a 25% increase year-over-year, with a trailing P/E ratio of 49.1, compared to the Nasdaq-100's P/E of 27.2 [14][15] - The company estimates its addressable market at $650 billion, having captured only 6% of it by the end of 2024, indicating significant long-term growth potential [17]

Market Overview - The CNN Money Fear and Greed index showed a slight easing in overall fear levels, currently at 21.6, but remains in the "Extreme Fear" zone compared to a previous reading of 19.5 [4] - U.S. stocks closed lower, with the Dow Jones index dropping approximately 972 points to 38,170.41, the S&P 500 declining 2.36% to 5,158.20, and the Nasdaq Composite falling 2.55% to 15,870.90 [3] Company Performance - Tesla Inc. shares fell around 5.8%, while Nvidia Corp. lost about 4.5%, and Amazon.com Inc. dipped around 5% during the session [2] - Comerica Inc. reported better-than-expected earnings for its first quarter, while Netflix Inc. also reported stronger-than-expected first-quarter financial results after the market closed on Thursday [2] Sector Performance - All sectors on the S&P 500 closed negatively, with energy, consumer discretionary, and information technology stocks experiencing the largest losses [3] Investor Sentiment - Investors are awaiting earnings results from Verizon Communications Inc., 3M Company, and Tesla Inc. [3]

Core Viewpoint - The Nasdaq-100 index, which includes the largest non-financial companies on the Nasdaq, has seen significant long-term growth but is currently facing challenges, particularly in the tech sector, with a notable decline in 2025 [1][2]. Group 1: Nasdaq-100 Performance - Over the last five years, the Nasdaq-100 has increased by 154%, but it has declined by approximately 8.4% in 2025 [2]. - The index's struggles are attributed to investor concerns regarding the economy, high valuations, and political factors, leading to sell-offs in AI and tech stocks [2]. Group 2: The Trade Desk (TTD) - The Trade Desk has experienced a nearly 53% decline in 2025, marking the worst performance in the Nasdaq-100 [2]. - The company's fourth-quarter revenue fell short of analyst estimates for the first time in over eight years, primarily due to slower adoption of its AI platform, Kokai [3]. - The Trade Desk controls $12 billion of ad spend in a $1 trillion advertising market and is undergoing a reorganization to enhance growth [3]. Group 3: Marvell Technology (MRVL) - Marvell Technology's stock is down nearly 44% in 2025, despite reporting adjusted earnings of $0.60 on revenue of $1.82 billion, which beat analyst estimates [5][6]. - The company's disappointing guidance for the first fiscal quarter of 2026 led to a significant drop in stock price, as investors expected more upside [6]. - Marvell's valuation has decreased from a peak of 80 times forward earnings to 24 times, making it more attractive, but it is likely to be influenced by the broader AI sector [7][8]. Group 4: Tesla (TSLA) - Tesla's stock is down nearly 35% in 2025, amidst concerns over CEO Elon Musk's political involvement and its impact on customer perception [9][10]. - The company faces challenges with declining deliveries in Europe and China, with analysts predicting the lowest delivery numbers in three years [10]. - Despite the struggles, there are expectations for potential growth from new revenue streams, including self-driving technology and robotics [11].