New York-based Nasdaq, Inc. (NDAQ) operates as a technology company that serves capital markets and other industries worldwide. Valued at $55.2 billion by market cap, the company provides trading, clearing, exchange technology, regulatory, securities listing, analysis, investing tools and guides, financial, and information services. The leading global technology company is expected to announce its fiscal fourth-quarter earnings for 2025 before the market opens on Thursday, Jan. 29. Ahead of the event, an ...

Core Insights - Stifel Financial Corp. reported record highs in total client assets and fee-based client assets for November 2025, with increases of 8% and 14% year-over-year respectively, attributed to strong recruiting and market gains [2] Selected Operating Data - Total client assets reached $553.606 billion, up from $513.931 billion a year ago, reflecting an 8% increase and a 1% increase from the previous month [2] - Fee-based client assets amounted to $224.662 billion, a 14% increase from $197.333 billion year-over-year and a 1% increase from the previous month [2] - Private Client Group fee-based client assets were $196.548 billion, also showing a 14% year-over-year increase from $172.527 billion and a 1% increase from the previous month [2] - Net bank loans, including loans held for sale, totaled $21.963 billion, marking a 6% increase from $20.727 billion year-over-year and a 1% increase from the previous month [2] - Client money market and insured product balances decreased by 10% year-over-year to $25.738 billion, but increased by 1% from the previous month [2] - Treasury deposits surged to $8.734 billion, a 96% increase from $4.451 billion a year ago and a 9% increase from the previous month [2]

Group 1 - Cboe Global Markets, Inc. will announce its financial results for Q4 2025 on February 6, 2026, before market opens [1] - A conference call with senior management will take place at 7:30 a.m. CT (8:30 a.m. ET) [1] - The conference call will be accessible via a live audio webcast on Cboe's Investor Relations website, with a replay available two hours after the call [2] Group 2 - Cboe Global Markets is recognized as the world's leading derivatives and securities exchange network [3] - The company offers advanced trading, clearing, and investment solutions across multiple asset classes, including equities, derivatives, and FX in North America, Europe, and Asia Pacific [3] - Cboe is dedicated to creating a trusted and inclusive global marketplace for sustainable financial futures [3]

Program Overview - LBank Lead Trader Program aims to help traders turn skills into consistent income [1] - The program provides an opportunity to build influence and showcase expertise [1] Benefits - Participants gain platform-wide exposure [1] - Dedicated account support is offered [1] - Official campaign resources and incentives are provided [1] - Up to 20% daily revenue share is available [1] Target Audience - The program targets crypto traders [1] - It is related to copy trading [1]

Core Insights - Global dealmaking activity is increasing, benefiting major investment banks like Goldman Sachs (GS) and Morgan Stanley (MS), raising the question of which stock has more upside potential [1] Strategic Shifts - Goldman Sachs is focusing on its core strengths in investment banking and trading while reducing its consumer banking presence, including divesting its Polish asset management firm and selling various consumer finance units [2][3] - Morgan Stanley is decreasing its reliance on capital markets for income by expanding its wealth and asset management operations through strategic acquisitions, which has diversified its revenue streams [4] Financial Performance - Both firms faced challenges in 2022 and 2023 due to a slowdown in deal activity, but 2024 showed a recovery with increased investment banking revenues [5] - Goldman Sachs reported investment banking fees of $6.8 billion, a 19% year-over-year increase in the first nine months of 2025, while Morgan Stanley's investment banking fees grew 14% in the same period [6][7] Capital Return Strategies - Both banks passed the Federal Reserve's 2025 stress test, allowing them to return excess capital to shareholders through dividends and share repurchases [10] - Morgan Stanley raised its quarterly dividend by 8% to $1.00 per share, while Goldman increased its dividend by 33% to $4 per share, with respective annualized growth rates of 20.35% and 21.85% [11] Stock Performance and Valuation - Over the past three months, Goldman shares increased by 7.6%, while Morgan Stanley shares rose by 11.4%, outperforming the Zacks Investment Bank industry, which was up 3% [14] - Goldman has a trailing 12-month price-to-earnings (P/E) ratio of 14.78X, compared to Morgan Stanley's 16.11X, indicating a valuation advantage for Goldman [15] Earnings Estimates - The Zacks Consensus Estimate for Goldman's 2025 and 2026 earnings suggests year-over-year increases of 20.6% and 12.2%, respectively, while Morgan Stanley's estimates imply increases of 22.7% and 5.8% [15][21] Final Analysis - Morgan Stanley is positioned for more attractive upside due to its strategic focus, earnings growth trajectory, and shareholder-friendly practices, while Goldman Sachs is more sensitive to capital market cycles [22][23]

Core Viewpoint - A class action lawsuit has been filed against Marex Group plc due to allegations of financial improprieties, including a multi-year accounting scheme that concealed losses and inflated profits [1][3][4]. Group 1: Lawsuit Details - The lawsuit is on behalf of investors who purchased Marex shares from May 16, 2024, to August 5, 2025 [1][2]. - Investors have until December 8, 2025, to seek appointment as lead plaintiff [2]. Group 2: Allegations Against Marex - NINGI Research reported that Marex engaged in a multi-year accounting scheme involving off-balance-sheet entities and fictitious transactions [3]. - The report highlighted discrepancies in intercompany receivables and loans across over 56 entities, amounting to multi-million-dollar differences [3]. - Marex allegedly concealed nearly $1 billion in off-balance-sheet derivatives, inflating operating cash flow by misclassifying structured note issuance as income [4]. Group 3: Market Reaction - Following the release of the report, Marex's stock price fell by $2.33, or 6.2%, closing at $35.31, resulting in significant investor losses [4].

Core Points - A class action lawsuit has been filed against Marex Group plc on behalf of investors who purchased shares between May 16, 2024, and August 5, 2025 [1][2] - The lawsuit alleges that Marex concealed losses and inflated profits through off-balance-sheet entities and fictitious transactions, leading to a significant drop in stock price [3] Company Overview - Marex Group plc is a London-based global financial services company specializing in trading, clearing, and risk management [2] Legal Context - Investors have until December 8, 2025, to seek appointment as lead plaintiff in the class action [2] - The lawsuit was triggered by a report from NINGI Research published on August 5, 2025, which accused Marex of financial misconduct [3]

Core Insights - The article compares two growth stocks in Singapore: iFAST Corporation, a fintech platform, and Singapore Exchange (SGX), a blue-chip exchange operator, highlighting their growth potential and market positions as interest rates are expected to fall by 2026 [1][8]. iFAST Corporation - iFAST has transitioned from a fund distribution platform to a digital wealth infrastructure player, achieving a net revenue growth of 39.9% year-on-year to S$89.53 million and a net profit increase of 54.7% year-on-year to S$26 million for 3Q 2025 [2]. - The company's assets under administration (AUA) reached an all-time high of S$30.62 billion, growing 29.6% year-on-year [2]. - iFAST's profit before tax margin improved to 34.5% for 9M 2025, up from 22.6% in 2023 and 33.5% in 2024, indicating a new phase of profitability [3]. - Recent initiatives include the introduction of payment services and the approval to operate as an Electronic Money Issuer in Malaysia, which could enhance profitability [4]. Singapore Exchange (SGX) - SGX serves as the backbone of Singapore's capital markets, with a revenue breakdown showing that the Equities-Cash segment contributed 30.3% and the Equities-Derivatives segment contributed 26.6% to total net revenue for FY25 [5]. - SGX's net profit attributable to equity holders grew from S$445 million in FY2021 to S$648 million in FY2025, with dividends increasing from S$0.32 to S$0.375 during the same period [6]. - Recent partnerships, such as with Climate Impact X, and expansion in Foreign Exchange derivatives are expected to drive growth [7]. Comparative Analysis - iFAST offers higher growth potential with a revenue growth rate of 29.5% CAGR over three years, while SGX has a more stable growth rate of 7.6% [9]. - iFAST has a profit margin of 18.5% compared to SGX's 47.3%, and a lower dividend yield of 0.7% versus SGX's 2.2% [9]. - The choice between iFAST and SGX depends on investor preferences for growth acceleration versus stable compounding [10]. Key Catalysts and Risks - For iFAST, successful digital platform rollouts and margin expansion are potential growth drivers, while delays or contract risks could negatively impact valuation [11]. - SGX's growth will depend on market turnover and derivatives volume recovery, with lower volatility potentially limiting momentum [11]. - Both companies could benefit from macro trends such as rate cuts and improved investor sentiment [12]. Investor Considerations - Investors should monitor earnings growth and dividend policies for both companies through 2025, as well as valuation movements post-rate cuts [13][14]. - A diversified investment approach could involve holding both stocks to balance growth and stability [15].

Trading Promotion - MEXC offers zero-fee trading for Kaspa ($KAS) [1] - The promotion emphasizes "full speed" trading [1] Cryptocurrency Focus - The announcement specifically highlights Kaspa (@kaspaunchained) [1]

Trading Platform Features - MEXC offers zero-fee trading for BNB and other popular trading pairs [1] - The platform emphasizes that every percentage saved translates directly into profit [1] Call to Action - MEXC encourages users to begin their zero-fee trading experience immediately [1]