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Vancouver, British Columbia--(Newsfile Corp. - September 8, 2026) - Gold X2 Mining Inc. (NYSE American: AUXX) (TSXV: AUXX) (FSE: DF80) ("Gold X2" or the "Company") is pleased to announce that its common shares (the "Common Shares") have commenced trading today on the NYSE American LLC (the "NYSE American") under the symbol "AUXX". The Common Shares will continue trading on the TSX Venture Exchange ("TSXV") under ticker symbol "AUXX".

Michael Henrichsen, CEO and Director, commented: "Following last week's approval to list, we are excited to announce that Gold X2 has commenced trading on the NYSE American today. This represents an important milestone as we broaden our investor base and increase our visibility within the U.S. capital markets."

About Gold X2 Mining

Gold X2 is a growth-oriented gold company focused on delivering long-term shareholder and stakeholder value through the acquisition and advancement of primary gold assets in tier-one jurisdictions. The Company's current focus is the advanced stage 100% owned Moss Gold Project which is positioned in Ontario, Canada, with direct access from the Trans-Canada Highway, hydroelectric power near site, supportive local communities and skilled workforce. The 2026 updated National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101") mineral resource estimate ("MRE") for the Moss and East Coldstream Deposits has expanded to 2.458 million ounces of Indicated gold resources at 1.04 g/t Au, contained within 73.8 million tonnes and 4.209 million ounces of Inferred gold resources at 0.97 g/t Au contained within 134.7 million tonnes. The Moss Deposit also has a silver MRE of 3.160 million ounces of indicated silver resources at 1.53 g/t Ag contained within 64.3 Mt and 6.273 million ounces of inferred silver resources at 1.55 g/t Ag contained within 125.9 Mt. Results of a preliminary economic assessment ("PEA") of the Moss Gold Project suggest the potential for the deposit to support a long-life mining operation with a strong production profile and low production costs. The MRE and PEA are supported by a NI 43-101 technical report for the Moss Gold Project available on the Company's website and under the Company's issuer profile on SEDAR+. For more information, please visit SEDAR+ (www.sedarplus.ca) and the Company's website (www.goldx2.com).

Peter Flindell, PGeo, MAusIMM, MAIG, Chief Operating Officer, of the Company, and a qualified person under NI 43-101, has approved the scientific and technical information contained in this news release.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements regarding Forward-Looking Information

This news release contains "forward-looking information" and "forward-looking statements" (together, "forward-looking statements") within the meaning of applicable securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.

In this news release, forward-looking statements relate to, among other things, statements regarding the Company's broadening its investor base and increasing its visibility within the U.S. capital markets, Gold X2 being a growth-oriented gold company focused on delivering long-term shareholder and stakeholder value through the acquisition and advancement of primary gold assets in tier-one jurisdictions, the Company's current focus being the advanced stage 100% owned Moss Gold Project and the results, interpretations and conclusions of the PEA, including that the PEA suggests the potential for the Moss Deposit to support a long-life mining operation with a strong production profile and low production costs. These forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements. Forward-looking statements regarding production targets, economic results and mine life are derived from and subject to the assumptions and limitations of the PEA and are inherently uncertain.

Forward-looking statements are based on a number of assumptions that, while considered reasonable by the Company as of the date hereof, are inherently subject to significant business, economic, technical and competitive uncertainties and contingencies. Such assumptions include, without limitation: assumptions underlying the PEA mine plan and schedule, pit slope angles and geotechnical parameters; accuracy of mineral resource estimates (including grade, tonnage and geometry) and metallurgical recovery estimates from available testwork; the availability of contractors, equipment, materials and skilled labor when required and at estimated costs; cost inflation trends and the accuracy of capital and operating cost estimates; continued access to necessary infrastructure, power and water at estimated costs and timelines; assumptions regarding commodity prices (including gold and silver), foreign exchange rates and discount rates; the interpretation of drilling, sampling, metallurgical and other technical data; the timing of, and ability to obtain and maintain, required permits, licenses and approvals; successful completion of environmental and regulatory processes; constructive engagement and outcomes with Indigenous Peoples and other rights-holders and stakeholders; stable and supportive regulatory frameworks; availability of financing on acceptable terms; and the absence of material adverse changes in general economic, market or political conditions and in applicable law, including tax and royalty regimes.

Risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements include, without limitation: uncertainties inherent in preliminary economic assessments and in the estimation of mineral resources (including the inclusion of inferred mineral resources), metallurgical recoveries and geotechnical parameters; changes in mine plans, schedules and cost estimates; commodity price and foreign exchange volatility; inflationary pressures and supply chain disruptions; risks related to permitting, environmental assessment and other regulatory approvals and conditions; the outcome of engagement with Indigenous Peoples and other rights-holders and stakeholders and the potential for delays or conditions arising therefrom; availability and cost of power, water, infrastructure, equipment, materials and skilled labor; financing risks and access to capital on acceptable terms; climate, weather and other operating risks typical of mining projects; title, surface rights and access risks; environmental, health and safety risks; changes in laws, regulations, policies and enforcement (including taxes and royalties); potential litigation; and other risks set out in the Company's continuous disclosure filings available under the Company's profile on SEDAR+ in Canada. Readers are cautioned that the foregoing list of assumptions, risks and uncertainties is not exhaustive.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements. Forward-looking statements contained in this news release are made as of the date hereof. Gold X2 expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313280

Source: Gold X2 Mining Inc.

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LONDON--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced record open interest (OI) across its interest rate futures markets, driven by record OI in Euribor and €STR futures. On September 2, 2026, ICE's interest rate futures markets hit record OI of 14.5 million contracts, up 25% year-over-year (y/y), including ICE Euribor futures record OI of 5.8 million con.

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today reported August 2026 trading volume and related revenue statistics, which can be viewed on the company's investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet. August highlights include: Total average daily volume (ADV).

Martha A. Tirinnanzi, Director of Intercontinental Exchange, Inc. (ICE -1.51%), sold 1,340 shares of common stock on Aug. 26, 2026, according to a recent SEC Form 4 filing.

Transaction summaryMetricValueShares sold (direct)1,340Transaction value~$215,954Post-transaction shares (directly held)3,747Post-transaction value$606,714.24Transaction value based on SEC Form 4 weighted average sale price ($161.16); post-transaction value based on Aug. 26, 2026 market close ($161.92).

Key questionsHow does the Rule 10b5-1 plan impact the interpretation of this transaction?
Because the sale was executed under a Rule 10b5-1 trading plan adopted on May 11, 2026, it represents a scheduled disposition intended to satisfy diversification or liquidity needs without regard to material non-public information.What is the composition of the director's remaining equity position?
Following the sale, Martha A. Tirinnanzi maintains direct ownership of 3,747 shares, which includes 1,698 restricted stock units scheduled to vest on May 18, 2027.What is the insider's total ownership interest in the company?
The director's post-transaction holdings represent a 0.0007% ownership interest in the firm, which manages a global network of regulated exchanges and clearing houses.How has the stock performed leading up to this filing?
Intercontinental Exchange shares generated a total return of -7% for the one year ending Aug. 26, 2026, the date the transaction was executed.Company OverviewMetricValueShare Price (as of market close 2026-08-27)$161.24Market Capitalization$91.0 billionRevenue (TTM)$13.1 billionNet Income (TTM)$4.1 billionCompany SnapshotIntercontinental Exchange operates a diversified portfolio of regulated financial venues, including exchanges, clearing houses, and listing platforms that generate revenue through transaction fees, market data licensing, connectivity services, and listing fees across commodities, equities, fixed income, and derivatives markets.The company operates a mission-critical infrastructure business model that derives recurring revenue from transaction volumes, subscription-based data services, and clearing operations, while maintaining high barriers to entry through regulatory licensing and established relationships with market participants.ICE serves institutional investors, asset managers, corporations, financial intermediaries, and market participants globally, with particular strength in North American and European markets, leveraging its comprehensive ecosystem of trading, clearing, and data solutions.

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Intercontinental Exchange is a leading global operator of financial infrastructure with significant scale, operating one of the world's largest networks of regulated exchanges and clearing houses serving multiple asset classes.

The company's diversified revenue streams from trading, clearing, and data services provide resilience and recurring income characteristics typical of essential market infrastructure.

ICE maintains competitive advantages through its extensive regulatory licenses, established network effects, and integrated technology platform that connects thousands of market participants across geographies.

What this transaction means for investorsThis sale represented a fairly large, although minor portion of the director's holdings in the company's stock. It was also completed under a pre-adopted plan, which shouldn't concern investors, as the Rule 10b5-1 plan is commonly used to allow insiders to execute sales for personal reasons, avoiding the appearance of acting on any view about the company's performance or valuation.

Importantly, the company continues to expand. TTM revenue grew nearly 11% year over year -- in line with its growth trajectory in recent years. Management raised its full-year guidance for fixed income and data services (FIDS) recurring revenue growth to 7%-8%.

The stock trades at a reasonable forward price-to-earnings multiple of 20, which seems supported by the consensus analyst estimate of ~12% long-term annualized earnings growth.

John Ballard has no position in any of the stocks mentioned. The Motley Fool recommends Intercontinental Exchange. The Motley Fool has a disclosure policy.

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today released the July 2026 ICE First Look at mortgage delinquency, foreclosure and prepayment trends. "July's data provided another indication that mortgage performance may be finding firmer footing beneath the surface," said Andy Walden, Head of Mortgage and Housing Market Research for ICE. "While the n.

NYSE issues a pre-market daily advisory direct from the trading floor. NEW YORK, Aug. 27, 2026 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor.

ToplineBitcoin led a rally in major cryptocurrencies and inched back above $71,000 late on Wednesday after President Donald Trump hosted top crypto industry executives and called on Congress to pass the stalled cryptocurrency legislation known as the “CLARITY Act.”

President Donald Trump was joined by crypto industry leaders and executives for a White House event.

Getty Images

Key FactsThe price of bitcoin, the most valuable cryptocurrency, rose to $71,834, up more than 11.5% from Tuesday’s price.

This is the first time bitcoin has breached $70,000 since early June.

The price of ether, the second most valuable token, rose to $2,261.26—up more than 18.3% compared to Tuesday.

Other major cryptocurrencies also saw a bump, with Solana’s SOL, Binance’s BNB, XRP and the memecoin DOGE rising 11.5%, 4.3%, 10.6% and 7.3%, respectively.

What Do We Know About Trump’s White House Crypto Event?Several crypto executives gathered at the White House on Wednesday for an event a day before the Commodity Futures Trading Commission is set to hold its first meeting of its Innovation Advisory Committee. At the event, Trump urged Congress to pass the long-stalled CLARITY Act, a piece of legislation backed by the industry. The president said: “We need Congress to take the next step by passing the CLARITY Act, a fair version of the CLARITY Act…It’s a very, very powerful structured legislation which will keep us ahead of China, keep us ahead of everyone else.” The president described crypto as a “financial technology that has the potential to create more jobs, opportunity, and wealth for all Americans.”

Who Were The Guests In Attendance At The White House Event?The guest list for Wednesday’s event featured top industry executives, including Coinbase CEO Brian Armstrong, who has an estimated net worth of $7.8 billion and is ranked 499 on Forbes’ Real Time Billionaires list. Another billionaire in attendance was Robinhood CEO Vlad Tenev, whose net worth, according to Forbes’ estimates, is $5.7 billion. Other guests included Tyler and Cameron Winklevoss, the founders of the Gemini crypto exchange and key Trump donors, Kraken co-CEO Arjun Sethi and ⁠Intercontinental Exchange CEO Jeffrey Sprecher.

key backgroundA version of the CLARITY Act was passed by the House in July last year, but the legislation remains stalled in the Senate. Supported by the industry, it would allow a majority of crypto tokens to be classified as "digital commodities" and be regulated by the CFTC. Some tokens, however, would be classified as securities, keeping them within the ambit of the Securities and Exchange Commission. Last month, multiple outlets reported on a new draft of legislation that would ban public officials, their spouses, and employees from issuing or sponsoring any “digital asset” while they are still in office. The draft also seeks to ban companies from listing digital assets issued or sponsored by public officials and to require politicians to place their prior crypto assets in a blind trust or divest them during their term in office.

further readingCrypto Stocks Surge As Senate Committee Advances Long-Stalled CLARITY Act (Forbes)

Could New Crypto Legislation Threaten Trump’s Profits? Probably Not, Democrats Say (Forbes)

On August 18, 2026, we delve into the DCF analysis for Intercontinental Exchange Inc (ICE), a company currently trading at $154.31. The stock has seen a mixed p

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today released its August 2026 Mortgage Monitor Report, which found that mortgage holder equity reached $18 trillion for the first time on record while annual home price growth reached a 14-month high in July. "Mortgage holder equity hitting $18 trillion is a remarkable milestone — one that reflects just h.

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ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), one of the world’s leading providers of financial market technology and data powering global capital markets, today reported July 2026 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.

July highlights include:

Total average daily volume (ADV) up 25% y/y; open interest (OI) up 18% y/y Total Energy ADV up 13% y/y; OI up 6% y/y Total Oil ADV up 16% y/y Brent ADV up 40% y/y Gasoil ADV up 10% y/y Other Crude & Refined products ADV up 10% y/y Total Natural Gas ADV up 9% y/y; OI up 9% y/y North American Gas OI up 8% y/y TTF gas ADV up 36% y/y; OI up 16% y/y Asia gas ADV up 73% y/y; OI up 40% y/y, including record OI of 272k lots on July 14 Total Environmentals ADV up 18% y/y Total Agriculture & Metals ADV up 38% y/y; OI up 42% y/y Sugar ADV up 11% y/y; OI up 27% y/y Cocoa ADV up 65% y/y; OI up 71% y/y Coffee ADV up 58% y/y; OI up 18% y/y Cotton ADV up 71% y/y; OI up 88% y/y Total Financials ADV up 39% y/y; OI up 38% y/y Total Interest Rates ADV up 40% y/y; OI up 43% y/y Euribor ADV up 25% y/y; OI up 26% y/y SONIA ADV up 66% y/y; OI up 66% y/y Gilts ADV up 7% y/y; OI up 18% y/y Total Equity Indices ADV up 30% MSCI ADV up 45% y/y NYSE Equity Options ADV up 26% y/y About Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 5, 2026.

Category: Corporate

SOURCE: Intercontinental Exchange

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ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange (NYSE: ICE): 2Q26 net revenues of $2.7 billion, +5% y/y   2Q26 GAAP diluted earnings per share (EPS) of $1.69, +14% y/y   2Q26 adj. diluted EPS of $1.90, +5% y/y   2Q26 operating income of $1.4 billion, +7% y/y; adj. operating income of $1.6 billion, +4% y/y   2Q26 operating margin of 52%; adj. operating margin of 61%   Through June 30, 2026, returned $1.8 billion to stockholders, including $1.2 billion in share repurchases   Board.

Intercontinental Exchange, Inc. (ICE) Q2 2026 Earnings Call Transcript

For the quarter ended June 2026, IntercontinentalExchange (ICE - Free Report) reported revenue of $2.67 billion, up 4.8% over the same period last year. EPS came in at $1.90, compared to $1.81 in the year-ago quarter.

The reported revenue represents a surprise of +1.51% over the Zacks Consensus Estimate of $2.63 billion. With the consensus EPS estimate being $1.84, the EPS surprise was +3.26%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how ICE performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

Revenues- Exchanges Segment (less transaction-based): $1.46 billion versus the four-analyst average estimate of $1.45 billion. The reported number represents a year-over-year change of +33.5%.Revenues- Fixed Income and Data Services Segment: $645 million versus $850.12 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +8% change.Transaction revenues, net- Exchange: $1.05 billion compared to the $1.04 billion average estimate based on four analysts.Recurring revenues- Exchange: $416 million compared to the $404.53 million average estimate based on four analysts.Revenues- Mortgage Technology Segment- Servicing software: $226 million versus $220.39 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +2.7% change.Revenues- Mortgage Technology Segment- Data and analytics: $69 million versus the four-analyst average estimate of $73.43 million. The reported number represents a year-over-year change of +4.6%.Revenues- Mortgage Technology Segment- Closing solutions: $65 million compared to the $58.48 million average estimate based on four analysts. The reported number represents a change of +12.1% year over year.Revenues- Mortgage Technology Segment: $557 million versus the four-analyst average estimate of $545.6 million. The reported number represents a year-over-year change of +4.9%.Revenues- Exchanges Segment- Energy futures and options: $518 million versus the four-analyst average estimate of $532.93 million. The reported number represents a year-over-year change of -12.9%.Revenues- Exchanges Segment- Ags and Metals: $87 million compared to the $86.39 million average estimate based on four analysts. The reported number represents a change of +33.9% year over year.Revenues- Exchanges Segment- Financials: $192 million versus $193.37 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +21.5% change.Revenues- Exchanges Segment- Cash equities and equity options: $140 million versus the four-analyst average estimate of $128.6 million. The reported number represents a year-over-year change of +13.8%.View all Key Company Metrics for ICE here>>>

Shares of ICE have returned +21.7% over the past month versus the Zacks S&P 500 composite's -1.5% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced its fixed income data and methodologies are now available to be used on leading AI platforms by licensed users, using the Model Context Protocol (MCP). This provides an AI-powered knowledge layer where customers can interact with their preferred AI platform and seamlessly receive responses.

Key Takeaways ICE is expected to post higher Q2 revenue and earnings, driven by growth across key businesses. Data services, exchange trading and mortgage technology are likely to support revenue growth.Higher technology, compensation and AI-related investments may increase operating expenses. Intercontinental Exchange Inc. (ICE - Free Report) is expected to register an improvement in both top and bottom lines when it reports second-quarter 2026 results on July 30, before the market opens.

The Zacks Consensus Estimate for ICE’s second-quarter revenues is pegged at $2.63 billion, indicating 3.3% growth from the year-ago reported figure.

The consensus estimate for earnings is pegged at $1.84 per share. The Zacks Consensus Estimate for ICE’s second-quarter earnings has moved down 7.1% over the past 30 days. The estimate suggests a year-over-year increase of 1.7%.

What the Zacks Model Unveils for ICEOur proven model does not predict an earnings beat for Intercontinental Exchange this time around. This is because the stock does not have the right combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold), which increases the chances of an earnings beat.

Earnings ESP: Intercontinental Exchange has an Earnings ESP of 0.00%. This is because the Most Accurate Estimate of $1.84 per share is pegged the same as the Zacks Consensus Estimate. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Zacks Rank: ICE has a Zacks Rank #4 (Sell) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

Factors Likely to Shape Q2 Results of ICEICE’s second-quarter results are likely to benefit from continued strong trends across fixed-income data and analytics and accelerating growth in other data and network services businesses. Continued demand for high-value proprietary data offerings is likely to have added to the upside.

Fixed Income and Data Services revenues are likely to have gained from continued momentum in fixed income data and analytics products, pricing and reference data, index offerings and data network services. Strong demand for proprietary data solutions, expanding index assets under management (AUM) and growth in ICE Global Network and desktop analytics are expected to have supported the segment's performance. The Zacks Consensus Estimate for Fixed Income and Data Services revenues is pegged at $850 million.

Higher trading volumes in interest rate, energy and commodity futures and options markets, along with solid cash equities activity, listing revenues and continued growth in market data and connectivity services, are expected to drive the Exchange segment. The Zacks Consensus Estimate for the Exchange segment revenues is pinned at $1.4 billion.

The Mortgage Technology segment is expected to benefit from higher digital mortgage adoption, improving origination volumes, contractual price increases, new client implementations, increased Encompass loan volumes, growth in Closing Solutions and continued strength in eNote registrations. Management's comments regarding an improved sales pipeline and operational efficiencies are also expected to support results. The Zacks Consensus Estimate for the segment’s revenues is pegged at $545.6 million. 

Expenses are likely to have increased owing to higher compensation and benefits, professional expenses, acquisition-related transaction costs, and technology and communication costs. Continued investments in AI capabilities, technology infrastructure and innovation initiatives are also expected to have elevated operating costs during the to-be-reported quarter.

For the second quarter of 2026, GAAP operating expenses are expected to be in the range of $1.28-$1.29 billion. Non-operating expense is anticipated to be between $160 million and $165 million.

ICE reported a 0.5% decrease in second-quarter average daily volume (ADV). Total Agriculture & Metals ADV improved 36% year over year, while total Financials ADV increased 22% in the second quarter. Total Equity Indices ADV increased 8% year over year.

Stocks to ConsiderHere are some finance stocks you may want to consider, as our model shows that these, too, have the right combination of elements to post an earnings beat.

Cboe Global Markets, Inc. (CBOE - Free Report) has an Earnings ESP of +0.77% and a Zacks Rank of 2 at present. The Zacks Consensus Estimate for second-quarter 2026 earnings is pegged at $3.45 per share, implying an increase of 40.2% from the year-ago reported figure.

CBOE’s earnings beat estimates in each of the last four reported quarters.

Prudential Financial Inc. (PRU - Free Report) has an Earnings ESP of +0.45% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for second-quarter 2026 earnings is pegged at $3.39, indicating a 5.3% year-over-year decrease.

PRU’s earnings beat estimates in three of the last four reported quarters.

Skyward Specialty Insurance Group, Inc.  (SKWD - Free Report) has an Earnings ESP of +1.39% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for second-quarter 2026 earnings is pegged at $1.15, indicating a year-over-year increase of 29.2%.

SKWD’s earnings beat estimates in each of the last four reported quarters

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New Strong Buy Stocks for July 27th This online learning platform has seen the Zacks Consensus Estimate for its current year earnings increase 46.3% over the last 60 days.

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The market reaction to Alphabet's Q2 results has significantly raised the bar for its Magnificent Seven peers that are on deck to report results this week, namely Microsoft and Meta Platforms on Wednesday, July 29th, and Apple and Amazon on Thursday, July 30th.

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Forget AI Chips and Mag 7: Buy AI Infrastructure Stocks Now Investors aiming to buy into the artificial intelligence boom driving the economy and Wall Street for the foreseeable future might want to consider best-in-class, AI-boosted infrastructure stocks.

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Top Research Reports for Intel, Dell & Progressive Intel's AI infrastructure push, Dell's AI server boom and Progressive's premium growth highlight the latest top research reports and key opportunities.

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Zacks #1 Rank Top Movers for Jul 27, 2026 Zacks #1 Rank Top Movers Zacks #1 Rank Top Movers for 07/27/26 Value Growth Momentum VGM Income Company Symbol Price %Chg Ono Pharmac... OPHLF 14.61 +9.19% Signet Jewe... SIG 96.68 +5.90% American Pu... APEI 49.76 +4.30% Yamaha Moto... YMHAY 16.09 +3.61% Trupanion TRUP 24.85 +3.59% Zacks #1 Rank Top Movers7/16 The Zacks #1 Rank List is the best place to start your stock search each morning. It's made up of the top 5% of stocks with the most potential. Each weekday, you can quickly see the Zacks #1 Rank Top Movers from Value to Growth, Momentum and Income, even VGM Score.

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Symbol Time Expected Reported %Surprise CZWI 08:31 0.41 0.11 -73.17 PERF 06:30 0.02 0.01 -50.00 BSRR 08:02 0.89 0.77 -13.48 PDLB 07:29 0.37 0.35 -5.41 EPS Negative Surprises for Jul 27, 2026

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NEW YORK--(BUSINESS WIRE)--NYSE today reported short interest as of the close of business on the settlement date of July 15, 2026.

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced that MultiLynq LLC, a financial technology solutions supplier for electronic fixed income trading, has become the first provider to offer connectivity to their customers to the ICE Bonds Risk Matching Auction (RMA) protocol. The RMA protocol, which is part of the ICE Bonds' suite of trading.

Hundreds of people have taken part in a protest in Maine over the killing of a Colombian man by a US Immigration and Customs Enforcement (ICE) agent.

The officer, who was "fearing for public safety", opened fire when the driver tried to flee agents attempting to pull him over, according to the Department of Homeland Security (DHS).

DHS said in a post on X that the incident in Biddeford around 7am local time (12pm UK time) on Monday happened as ICE officers were watching the home of someone they thought was in the US illegally and had a final order of removal from the country.

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The shooting has sparked outrage in Biddeford and the wider area. On Monday night, the spokesperson for a Maine senator said the driver who was shot dead was the wrong target.

On Tuesday, demonstrators gathered outside an ICE detention centre in Scarborough, which is between Biddeford and Portland.

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It comes as ICE has told officers to suspend most vehicle stops around the country, two sources told Reuters, after the fatal shooting and another one six days earlier in Texas.

The Colombian embassy said the driver in Maine was 26-year-old Colombian national Johan Sebastian Duran Guerrero, the Associated Press reported.

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Immigration campaigners have said he was authorised to work in the US, and outgoing Colombian President Gustavo Petro called the shooting a targeted killing "at the hands of the US government".

Image: A makeshift memorial after the shooting in Biddeford, Maine. Pic: Reuters

Image: Pic: Reuters Angus King, an independent senator from Maine, has said the agents involved were not wearing body cameras.

And homeland security secretary Markwayne Mullin told Mr King that ⁠the man killed was not the target of the operation, according to a spokesperson for the ⁠senator.

The shooting came six days after an ICE agent in Houston, Texas, fatally shot a 52-year-old man, Lorenzo Salgado Araujo, following a traffic stop during an immigration enforcement operation.

Image: Lorenzo Salgado Araujo. Pic: LULAC Institute via GoFundMe He was not the target of the operation, a DHS official has said.

ICE said the Mexican national, who had lived in the US illegally for over three decades, rammed a law enforcement vehicle with his van and attempted to run down an officer who fired in self-defence.

The latest killings mean at least seven people have been shot dead during immigration enforcement operations since January 2025, when President Donald Trump began a campaign of mass deportations.

Read more:
What is ICE and what powers do its agents have?

Meanwhile, ICE has told officers to suspend most vehicle stops around the country, two sources told Reuters.

How Trump reinvented ICE | Sky News Explains

Asked about the suspension of traffic stops, an ICE spokesperson said: "We are ‌always evaluating our procedures to keep our officers safe and criminals off our streets. We will not disclose or discuss law enforcement tactics."

A witness to the Biddeford incident, 71-year-old Daniel Boucher, said he was on the second floor of his apartment when he heard what sounded like firecrackers.

He said he went to the window and saw a white SUV ram a smaller white car.

After running down to street level, and from 20ft (6m) away, Mr Boucher said he saw an ICE officer emerge from the SUV, open the ⁠car's door and pull out the driver, who had blood on his face and head.

"I remember hearing the victim say, 'But I tried to ​stop'," Mr Boucher said, before the man appeared to stop breathing.

The Maine attorney general's office said it is working with federal agencies to investigate the incident.

It said that initial statements suggest the driver was trying to flee in the direction of the officer, whose name has not been released and who was placed on leave.

In January this year, 37-year-old US citizen Renee Good was shot dead in her car by ICE agents in Minneapolis, sparking demonstrations across the country.

Alex Pretti, a 37-year-old ICU nurse, was fatally shot by Border Patrol agents two weeks later.

A person was reportedly killed in the US state of Maine during an encounter with Immigration and Customs Enforcement (ICE).

A man has died after being shot by an Immigration and Customs Enforcement (ICE) officer in Houston, Texas.

ATLANTA & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE: ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today released its July 2026 ICE Mortgage Monitor report. The analysis found that Gen Z accounted for 1 in 5 purchase rate locks in Q2 2026 — the largest share on record. Meanwhile, buyers across all generations are tapping non-traditional down payment sources to bridge affordability gaps as home price appr.

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New contracts span global monetary policy decisions and U.S. natural gas storage reports

LONDON & NEW YORK--(BUSINESS WIRE)--Intercontinental Exchange, Inc. (NYSE:ICE), one of the world's leading providers of financial market technology and data powering global capital markets, today announced the planned launch of its first economic indicator futures contracts tied to global monetary policy decisions and US natural gas storage reports.

The cash-settled futures contracts are designed to give market participants exchange-traded and centrally-cleared instruments to express views on specific economic events and decisions.

“ICE’s expansion into economic indicator contracts reflects demand for regulated onshore products that allow customers to take positions on economically relevant risks that shape markets,” said Trabue Bland, Senior Vice President of Futures Markets at ICE. “These innovative new products leverage the global trading and clearing platform that we have built at ICE, offering a new approach to hedging significant moments impacting global markets.”

ICE's new futures will be based on central bank rate decisions from the U.S. Federal Reserve System, European Central Bank and Bank of England, providing exposure to scheduled policy meetings across the three most systemically important central banks in the world, as well as on U.S. natural gas storage inventory levels, which are published weekly by the U.S. Energy Information Administration.

The new contracts are scheduled to launch on August 10, 2026, subject to completion of relevant regulatory processes. The product codes will be: OID; OIS; OIR; EUD; EUS; EUR; MPL; MPS; MPR; EWP.

The new contracts follow the recent launch of ICE’s Polymarket Signals and Sentiment service, an exclusive prediction data and analytics offering from ICE. This service offers normalized data feeds representing Polymarket’s prediction markets, enabling professional and institutional traders to consume crowd-sourced probability assessments as market signals. These signals indicate implied probabilities on real-world outcomes and are designed to complement traditional market, pricing, and sentiment inputs within institutional workflows.

About Intercontinental Exchange

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity.

Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange. Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located here. Key Information Documents for certain products covered by the EU Packaged Retail and Insurance-based Investment Products Regulation can be accessed on the relevant exchange website under the heading “Key Information Documents (KIDS).”

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 -- Statements in this press release regarding ICE's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see ICE's Securities and Exchange Commission (SEC) filings, including, but not limited to, the risk factors in ICE's Annual Report on Form 10-K for the year ended December 31, 2025, as filed with the SEC on February 5, 2026.

Category: Exchanges

SOURCE: Intercontinental Exchange

More News From Intercontinental Exchange

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Key Takeaways ICE generated record Fixed Income and Data Services revenue of $322M, up 7% year over year.Intercontinental Exchange is investing in private credit, digital assets and tokenized securities initiatives.ICE is embedding AI across mortgage and data platforms while managing higher operating expenses. Shares of Intercontinental Exchange Inc. (ICE - Free Report) have lost 31.1% over the past year compared with the industry’s decline of 20.3%. ???The company’s share price closed at $124.49 on Thursday and reached a 52-week low of $124.33.

ICE shares have declined from their August 2025 peak due to valuation compression, slower growth from the Black Knight acquisition, and elevated debt. Sentiment was further pressured by competitive threats following the approval of perpetual futures products on platforms like Kalshi.

Shares of some of its peers, like CBOE Global Markets, Inc. (CBOE - Free Report) , have increased 8.4%, whereas CME Group Inc. (CME - Free Report) and Nasdaq, Inc. (NDAQ - Free Report) have declined 17.5% and 12.1%, respectively, in the past year. The S&P 500 Index has gained 23.3% during this time.

1-Year Price Performance: ICE, CME, CBOE, NDAQ, Industry & S&P 500
Image Source: Zacks Investment Research

ICE’s Average Target Price Suggests UpsideBased on short-term price targets offered by 16 analysts, the Zacks average price target is $195.13 per share. The average suggests a potential 56.7% upside from the last closing price.

 

Image Source: Zacks Investment Research

ICE’s ValuationIntercontinental Exchange’s shares are trading at a discount compared with the industry. ICE’s shares are trading at a forward price-to-earnings of 14.6X, lower than the industry average of 17.5X. Meanwhile, CME, Cboe Global and Nasdaq are trading at 17.95X, 17.88X and 18.39X, respectively.

Image Source: Zacks Investment Research

ICE’s Growth Projection EncouragesThe Zacks Consensus Estimate for Intercontinental Exchange’s 2026 earnings per share (EPS) indicates a year-over-year increase of 20.4%. The estimate for 2026 revenues is pegged at $10.99 billion, implying a year-over-year improvement of 10.6%.

The consensus estimates for 2027 EPS and revenues indicate an increase of 5.5% and 4.2%, respectively, from the corresponding 2026 estimates.

The expected five-year earnings growth is pegged at 12.8%, better than the industry average of 12.2%.

Optimistic Analyst Sentiment on ICESix of the seven analysts have raised the estimates for 2026, whereas five of the eight analysts have increased estimates for 2027 over the past 60 days. The Zacks Consensus Estimate for 2026 and 2027 has moved 3.8% and 1% north, respectively, over the same period.

Factors Favoring ICE StockICE’s top line is poised to improve, driven by global data services and index business, the ICE Global Network offering, as well as solid desktop, feeds, and derivatives analytics. The company has been achieving expense synergies from strategic acquisitions, which have strengthened its portfolio and expanded its presence. As the operator of the largest mortgage network in the United States, ICE remains well-positioned to capitalize on the ongoing digitization of the residential mortgage industry.  The company is also benefiting from strength in its Exchange business, driven by elevated market volatility, robust risk-management demand and growing market participation.

ICE's Fixed Income and Data Services business remains a key growth driver. In the first quarter of 2026, revenues reached a record $322 million, up 7% year over year, fueled by strong net new business trends in its pricing and reference data offerings. Growing demand for proprietary data, analytics, pricing and index products continues to support recurring revenues and earnings stability. For 2026, management anticipates recurring revenue growth in the mid single-digit range, with results expected to trend toward the higher end.

ICE is investing in several emerging growth areas that could support long-term expansion. The launch of ICE Private Credit Intelligence, development of a tokenized securities platform at the NYSE and partnerships with Polymarket and OKX are expected to strengthen its position in private credit, digital assets and next-generation market infrastructure. These initiatives expand the company's addressable market and provide additional long-term growth avenues.

ICE is increasingly embedding artificial intelligence across its mortgage, data, pricing, and workflow automation platforms. Management believes AI-driven capabilities will increase platform adoption, strengthen customer relationships and create incremental monetization opportunities over time.

Risks for ICETotal operating expenses have increased over the last several years, reflecting higher compensation and benefits, technology and communication costs, and acquisition-related integration activity. ICE guided for the second quarter of 2026, adjusted operating expenses in the range of of $1.030 billion to $1.040 billion.

ICE faces competitive and regulatory challenges that could pressure pricing, increase compliance costs, and shift trading volumes, making future growth and profitability more unpredictable.

ConclusionICE is poised for growth, banking on the strength of its compelling portfolio and expansive risk-management services, which ensure revenue flow, as well as strategic buyouts, a solid balance sheet, and effective capital deployment. However, rising operating expenses and volatile industry trends raise concerns.

Nevertheless, favorable growth estimates, optimistic analyst sentiment, and cheaper valuations are noteworthy. It is, therefore, wise to retain this Zacks Rank #3 (Hold) stock at present. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

On June 24, 2026, we delve into the DCF analysis for Intercontinental Exchange Inc ICE , a company that has experienced notable price performance fluctuations recently. The stock has seen a decline of 5.9% over the past week, 12.7% over the past month, 17.3% year-to-date, and a significant 25.1% over the past year.

DCF Earnings-based intrinsic value of $128.85 vs current price of $133.00 (margin of safety: -3.2%) DCF FCF-based intrinsic value of $134.64 vs current price (second opinion: fair valued with 1.2% margin of safety) GF Score™ of 86/100, indicating a high reliability of the DCF inputs What Is ICE Worth? DCF Earnings-Based Model The DCF earnings-based model for ICE utilizes a two-stage approach to estimate the intrinsic value of the stock. In the first stage, we project earnings growth over the next ten years, followed by a terminal growth phase. The assumptions used in this model are outlined in the table below:

Parameter Value Current EPS (TTM, excl. non-recurring) $7.58 10-Year Growth Rate 10.9% 10-Year Treasury Rate 4.49% Discount Rate (ceil(Treasury) + 6%) 11% Terminal Growth Rate 4% In the first stage, we expect EPS to grow at a rate of 10.9% annually for the next ten years, which is then discounted at a rate of 11%. The value derived from this growth stage is $75.43 per share. Following this growth phase, we transition into the terminal stage where growth slows to a 4% rate for the subsequent ten years, also discounted at 11%. The terminal stage value is calculated at $53.42 per share. The summary of the calculation is as follows:

Stage Description Value Growth Stage (Years 1-10) EPS growing at 10.9%, discounted at 11% $75.43 Terminal Stage (Years 11-20) 4% terminal growth, discounted at 11% $53.42 Intrinsic Value Growth + Terminal $128.85 Comparing the current price of $133.00 to the intrinsic value of $128.85 indicates that ICE is fairly valued, with a margin of safety of -3.2%. It is important to note that GuruFocus uses EPS excluding non-recurring items, as research shows that stock prices tend to correlate more closely with earnings than with free cash flow. For a detailed breakdown, visit the ICE DCF Calculator.

What Does the Free Cash Flow DCF Say? The free cash flow (FCF)-based intrinsic value for ICE is calculated at $134.64. This value provides a second opinion on the valuation of the stock. When compared to the earnings-based intrinsic value of $128.85, both models suggest that ICE is fairly valued, with the FCF model indicating a 1.2% margin of safety.

How Does GF Value™ Compare to the DCF Models? The GF Value™ for ICE stands at $165.59, offering a third perspective on the valuation of the stock. GF Value™ is GuruFocus' proprietary measure, calculated based on historical trading multiples, past business growth, and future performance estimates. While the DCF models indicate that ICE is fairly valued, the GF Value™ suggests that the stock may be undervalued, creating a divergence in valuation perspectives. For further insights, visit the GF Value™ page.

What Does ICE's GF Score™ Tell Us? The GF Score™ ranks stocks from 0 to 100 based on five key aspects: Financial Strength, Profitability, Growth, Valuation, and Momentum. Stocks with higher GF Score™ values have been found to generate higher long-term returns based on backtested data from 2006 to 2021. The current GF Score™ for ICE is 86/100, indicating strong fundamentals. The table below summarizes the key metrics:

Metric Rating GF Score™ 86/100 Financial Strength 4/10 Profitability 8/10 Growth 10/10 Valuation 8/10 Momentum 4/10 With a predictability rank of 2/5 stars, it is important to note that higher predictability ratings generally lead to more reliable DCF estimates. For more details, visit the ICE stock page.

Key Assumptions and Limitations It is crucial to recognize that DCF models are highly sensitive to the assumptions made regarding growth rates and discount rates. Stocks with low predictability ratings, such as ICE's 2/5 stars, may produce less reliable DCF estimates. Additionally, the terminal growth rate of 4% is a simplifying assumption that may not reflect future economic conditions accurately.

What This Means for Investors In synthesizing the three valuation models—DCF earnings, DCF FCF, and GF Value™—we find that ICE is fairly valued based on the DCF models, while the GF Value™ suggests a potential undervaluation. This divergence indicates that investors should consider multiple perspectives before making decisions. For the full DCF analysis, visit the ICE DCF Calculator. You can also explore the GF Value™ page, or use the GuruFocus Stock Screener to find undervalued predictable companies.

Frequently Asked Questions What is ICE's intrinsic value based on DCF?

Answer: earnings-based $128.85, FCF-based $134.64

Is ICE overvalued or undervalued?

Answer: Based on DCF models, ICE is fairly valued; however, GF Value™ suggests it may be undervalued.

How reliable is the DCF model for ICE?

Answer: The DCF model's reliability is moderate, indicated by a predictability rank of 2/5.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].