Microsoft shares jump after fourth-quarter earnings beat on AI-fueled cloud growth
Nasdaq Inc’s stock reached an all-time high of 89.71 USD, marking a significant milestone for the company. With a market capitalization of $51.4 billion, InvestingPro data shows the stock trading near its 52-week high of $89.64, suggesting strong momentum. This new peak reflects a robust 49.17% increase over the past year, underscoring a period of strong performance and investor confidence. The company has maintained dividend payments for 14 consecutive years, with a current yield of 1.21%. The stock’s ascent to this unprecedented level highlights the company’s resilience and growth in the current market landscape. As Nasdaq Inc continues to innovate and expand its offerings, investors are taking note, driving the stock to new heights. For deeper insights, check out the comprehensive research report available on InvestingPro, which includes 12 additional ProTips and detailed valuation metrics.
In other recent news, Nasdaq, Inc. announced the election of all nominated directors to the boards of the six U.S. exchanges it operates, including The Nasdaq Stock Market LLC and Nasdaq PHLX LLC. This development follows the company’s Annual Meeting of Shareholders, where all 12 nominated directors were elected, including executives from prominent organizations such as AT&T and General Electric (NYSE:GE). Additionally, Goldman Sachs has reiterated its Buy rating on Nasdaq, citing confidence in the company’s growth outlook, particularly in its Financial Technology and Index operations. Goldman Sachs highlighted Nasdaq’s expansion efforts through AxiomSL, Verafin, and Index, with expectations of accelerating revenue growth by 2025. In another development, Nasdaq has partnered with Nasdaq Private Market to launch Tape D, a real-time private company dataset aimed at enhancing transparency for private, pre-IPO companies. This initiative is expected to benefit various stakeholders, including investors and banks, by providing comprehensive private market pricing data. Furthermore, Nasdaq announced the resumption of trading for Damon Inc. after a suspension due to undisclosed reasons, ensuring that investors have equitable access to information.
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