Nasdaq Inc Stock Price, News & Analysis

Nasdaq has released its end-of-month open short interest positions for Nasdaq stocks as of the settlement date August 30, 2024. Key points include:

1. Nasdaq Global Market securities: 12,296,040,928 shares across 3,037 issues, representing 3.38 days of average daily volume.

2. Nasdaq Capital Market securities: 2,103,446,709 shares across 1,668 issues, representing 1.27 days of average daily volume.

3. Total short interest for all 4,705 Nasdaq securities: 14,399,487,637 shares, representing 2.72 days of average daily volume.

This report provides insights into market sentiment and trading activity for Nasdaq-listed securities, which is valuable for investors and analysts tracking market trends.

Nasdaq (NDAQ) has halted trading for BAIYU Holdings, Inc. (BYU) on September 5, 2024, at 19:50:00 Eastern Time. The halt occurred at a last sale price of $1.02 and will continue until BYU fully satisfies Nasdaq's request for additional information. Additionally, the Securities and Exchange Commission has imposed a trading suspension on BYU from September 6, 2024, at 09:30:00 until September 19, 2024, at 23:59:00. Investors can find more details about the SEC's order on their website. For further information about BYU, interested parties are advised to contact the company directly or use InfoQuotes on Nasdaq's website.

Nasdaq (NDAQ) has implemented a change in accounting treatment for AxiomSL on-premises subscription revenues, now recognizing 100% ratably over the contract term instead of 50% upfront. This change results in a one-time, non-cash GAAP revenue reduction of $32 million for Q3 2024, covering November 2023 to June 2024. The adjustment aligns AxiomSL's revenues more closely with its annualized recurring revenue (ARR) and cash economics.

Despite this accounting change, Nasdaq reaffirms its medium-term growth outlook for all divisions and sub-divisions, including AxiomSL and Calypso combined. The company expects the Regulatory Technology sub-division to grow within its medium-term revenue growth outlook range for full-year 2024. This change does not impact AxiomSL's historical ARR, cash flows, or cloud-delivered license revenues.

Nasdaq (NDAQ) has announced a new leadership structure for its Financial Crime Management Technology business. Stephanie Champion, a 13-year Nasdaq Verafin veteran, has been appointed as the new EVP and Head of Nasdaq Verafin. Jeremy Skule, Nasdaq's Chief Strategy Officer, will take on an expanded role as Executive Chair of the Financial Crime Management Technology business.

Champion brings extensive expertise in the anti-financial crime industry and a strong track record of growth. She has been instrumental in driving Nasdaq Verafin's revenue growth and attracting major bank clients. Skule will support the development of Nasdaq Verafin's strategic roadmap, including global expansion and integration objectives.

Nasdaq Verafin is the global leader in financial crime management technology, serving over 2,500 banks with combined assets exceeding $9 trillion. The new leadership structure aims to support the business' strong momentum and continue its growth trajectory in addressing the $3 trillion financial crime challenge.

Nasdaq (NDAQ) has scheduled a teach-in on September 6, 2024, at 8:00 AM Eastern to discuss a change in the accounting treatment of revenues associated with AxiomSL on-premises subscription contracts. This change was previously mentioned during Nasdaq's Q2 earnings announcement, and the financial impacts remain consistent with earlier communications. CFO Sarah Youngwood and IRO Ato Garrett will lead the session, which will include prepared remarks followed by a Q&A with the investment community. The event will be accessible via webcast, with related materials available on Nasdaq's Investor Relations website. Additional materials will be posted on the IR website at approximately 7:00 AM Eastern on the day of the event.

Nasdaq (NDAQ) has announced that its executives will be presenting at two major investor conferences in September 2024. Sarah Youngwood, Executive Vice President & CFO, will speak at the Goldman Sachs Communacopia + Technology Conference on Monday, September 9, at 2:30 PM ET. Adena Friedman, Chair and CEO, will present at the Barclays Global Financial Services Conference on Tuesday, September 10, at 8:15 AM ET.

These presentations offer investors and analysts an opportunity to gain insights into Nasdaq's strategies and performance directly from top executives. Webcasts of both events will be available on Nasdaq's Investor Relations website, providing access to a wider audience beyond conference attendees.

Nasdaq (NDAQ) has released its monthly trading volumes for August 2024. The report, which provides important insights into the exchange's performance, is now available on Nasdaq's Investor Relations website. Investors and analysts can access a detailed data sheet containing this information at the provided URL: http://ir.nasdaq.com/financials/volume-statistics.

This regular reporting of monthly volumes is an essential practice for Nasdaq, offering transparency and allowing stakeholders to track the exchange's trading activity. The data can be used to gauge market trends, liquidity, and overall performance of Nasdaq's various trading platforms and services.

The Nasdaq Stock Market (NDAQ) has announced the delisting of securities from 22 companies, including common stocks, units, warrants, and other financial instruments. This decision affects a diverse range of firms such as Liberty Resources Acquisition Corp., PetVivo Holdings, Galera Therapeutics, AERWINS Technologies, Chicken Soup for the Soul Entertainment, and VBI Vaccines. The delisting process began with suspensions of trading for these securities between March 27 and August 8, 2024, and none have traded on Nasdaq since their respective suspension dates. This action is part of Nasdaq's regulatory function to maintain market integrity and protect investors.

Nasdaq (NDAQ) has announced its filing with the SEC to list and trade Nasdaq Bitcoin Index Options (XBTX), in partnership with CF Benchmarks. Upon regulatory approval, these options will track the CME CF Bitcoin Real-Time Index (BRTI), providing investors with a tool to manage positions and hedge investments in cryptocurrency.

Key features of XBTX include:

• European-style exercise and cash settlement
• Final settlement value based on the CME CF Bitcoin Reference Rate - New York Variant (BRRNY)
• Calculations executed every second, aggregating Bitcoin-USD order data from leading crypto exchanges

This initiative aims to combine the innovative crypto landscape with the reliability of traditional securities markets, marking a significant step in the maturation of the digital assets market.