The CNN Money Fear and Greed index showed a decline in the overall market sentiment, with the index moving to the “Fear” zone on Tuesday.
Wall Street is likely to tenaciously hold onto the slender optimism ahead of a slew of earnings from notable companies and the Federal Reserve's two-day rate-setting meeting that gets underway on Tuesday. Traders appear to be overlooking some negative tech earnings released late Monday as they factor in better performances by their mega-cap counterparts.
Nasdaq (NDAQ) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Nasdaq's recent acquisition of Adenza has given the company a whole new look. Despite still integrating this acquisition, the early results appear to be promising.
Nasdaq's (NDAQ) second-quarter results reflect broad-based growth across three divisions and another quarter of double-digit Solutions growth.
Although the revenue and EPS for Nasdaq (NDAQ) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Nasdaq (NDAQ) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.71 per share a year ago.
Year to date, the Nasdaq's gain has shrunk to 16.3%.
U.S. stocks traded lower this morning, with the Dow Jones dipping around 400 points on Wednesday.
Nasdaq's (NDAQ) second-quarter performance is likely to have been driven by organic revenue growth and strong Market Platforms businesses, data and listing service revenues, and Adenza contributions.
Nasdaq (NDAQ) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Tech stocks have surged immensely in the past year. However, with "Trump Trade" starting and the Biden administration considering stricter measures on companies supplying advanced chip technology to China, tech ETFs may suffer.