Defensive Rotation Is Losing Support For much of the past two weeks, traders had been moving out of data-center and technology stocks and into defensive sectors. That may have been the right move as investors worried about the amount of debt and capital spending tied to the AI build-out.
Friday’s price action, however, suggests the defensive stock rotation may be losing support. Defensive sectors are lower, with the Dow taking the largest loss among the major indexes. What this does not mean is that investors have once again turned bullish on technology. What it likely means is that investors are becoming less willing to hold the groups that were supposed to cushion a technology selloff.
The S&P 500 is holding closer to unchanged because the broad market still has enough buyers to offset some of the Dow weakness. However, the pressure in defensive sectors is a warning that the selling could spread if the technology bid fails to hold.
Technology Buyers Are Being Selective The strength in selected chip stocks is helping the Nasdaq. However, it is not making the financing issue that hurt the group on Thursday go away. Traders remain concerned about the amount of money needed to build data centers. Furthermore, there are worries over whether companies can keep funding those projects without increasing pressure on the credit markets.
Dow Jones Price Forecast
Every new Dow Jones analysis as it publishes, today's technical signal and key levels, live price — on one page.
See all Dow Jones forecasts The current buying is concentrated in companies traders believe have visible demand. That is different from broad buying across the technology sector. Investors are being selective. They are separating the companies showing revenue opportunities from the companies carrying the largest financing questions.
Daily S&P 500 Index (SPX) Technical Analysis Daily Nasdaq Composite Index (IXIC) The Nasdaq Composite is lower late in the session on Friday. The main trend is down according to the daily swing chart and the index opened the session on the weak side of the 50-day moving average at 26599.51.
The downtrend resumed on Friday when sellers took out yesterday’s low at 25918.09. It will be reaffirmed on a trade through the September 16 main bottom at 25802.96. The main trend will change back to up if buyers can take out 27722.75.
The minor trend is also down. A trade through 26778.90 will change the minor trend to up and shift momentum to the upside.
Retracement zone resistance is 26536.32 to 26762.86. Inside this zone is the 50-day moving average at 26599.51. This is solidifying its importance as a key resistance area.
Retracement zone support at 26074.05 to 25684.95 is currently being tested. Inside this zone is the main swing bottom at 25802.96. Traders should watch this area for a technical bounce and the possible start of a counter-trend rally.
What to Watch For the S&P 500 Index, I have a bias to the downside because the main trend is down on the swing chart. It’s also being supported by the trade on the bearish side of the 50-day moving average. Conditions could change after a successful test of 7,579.22 to 7,516.61 that could alter my outlook. Furthermore, my outlook will weaken if the 50-day moving average is recaptured.
My bias for the Nasdaq Composite is also to the downside. Not only is the swing chart trending lower, but the index is also trading on the weak side of the 50-day moving average. The index is currently testing a critical retracement area that is likely to determine the near-term direction of the market.
A move over the 50% area at 26074.05 and we could see a counter-trend rally back to the 50-day moving average at 26599.51. Break sharply through the 61.8% retracement level at 25684.95 and the index could collapse into the 200-day moving average at 24992.15.
Parabolic runs in some AI stocks, paired with mounting geopolitical uncertainty, leads Tim Bohen (@Stockstotrade) to urge investor caution and "dial things back" until volatility cools. He turns to three stocks he sees weathering the sharp market moves.
Voluntary Delisting of Ordinary Shares from Trading on the Tel Aviv Stock Exchange to Promote U.S.-Based Trading, Reduce Administrative Costs of Dual Listing
TEL AVIV, Israel, Oct. 23, 2026 (GLOBE NEWSWIRE) -- Gix Internet Ltd. (Nasdaq: GIXI; TASE: GIX) (“Gix” or the “Company”), a dual-listed technology company, today announced that it has initiated a process to voluntarily delist its ordinary shares, no par value per share, from the Tel Aviv Stock Exchange Ltd. (the “TASE”).
In accordance with applicable Israeli law and the rules of the TASE, the last day the ordinary shares will trade on the TASE is expected to be January 25, 2027, and the ordinary shares are expected to be delisted from the TASE on or about January 27, 2027. Shareholders will be able to continue to buy and sell ordinary shares on the TASE in the same manner as has been the case to date until market close on the final day of trading.
The Company’s ordinary shares will continue to trade on the Nasdaq Capital Market (“Nasdaq”) under the symbol “GIXI,” and the Company will also continue to file public reports and disclosures in accordance with the rules and regulations promulgated by the U.S. Securities and Exchange Commission (“SEC”) and Nasdaq. The delisting from the TASE will not affect Gix’s continued listing on Nasdaq in the United States, and all ordinary shares currently traded on the TASE may be transferred to Nasdaq.
The Company’s Board of Directors approved the delisting of the ordinary shares from the TASE and a transition to exclusive trading on Nasdaq with the objective of potentially enhancing liquidity on Nasdaq, and allowing the Company to focus its investor and public relations efforts on the U.S. capital markets.
About Gix Internet Ltd.
Gix Internet Ltd. is a technology company that is listed on the Nasdaq Capital Market under the symbol GIXI and on the Tel Aviv Stock Exchange under the symbol GIX. Its operating focus is Deliverz.ai, a wholly-owned company that develops an AI-powered management and orchestration layer for robots, people and autonomous systems, commercially proven today in hospital logistics. The platform combines management software with autonomous mobile robots and human couriers to schedule and assign internal deliveries in real time - by location, priority and availability - from a central operations system. It is built for last-mile movement inside complex, high-traffic facilities such as hospitals, is in commercial use at Sheba Medical Center, and is being introduced to U.S. healthcare organizations. Gix’s broader strategy is to extend the same management architecture to additional autonomous systems and complex physical operating environments. Gix also holds a strategic minority stake in Quantum X Labs Inc., a separately listed company. For more information, visit https://www.gix-internet.com/.
About deliverz.ai
deliverz.ai is defining the future of healthcare logistics automation with an end-to-end, AI-powered orchestration platform that unifies autonomous robots, human transport teams, and hospital workflows into a single intelligent system. Robot-agnostic and built to scale, deliverz.ai automates and optimizes logistics across any workflow and within any environment, increasing throughput, reducing costs, and improving both patient and staff experience. Delivered through a flexible Software as a Service (SaaS) and Robotics as a Service (RaaS) model, deliverz.ai provides the intelligent logistics backbone for hospitals, making operations smarter, faster, and patient-centered. For more information, visit https://www.deliverz.ai
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act and other securities laws. Forward-looking statements contained in this press release include, but are not limited to, statements regarding Gix’s strategic and business plans, technology, relationships, objectives and expectations for its business, growth, the impact of trends on and interest in its business, intellectual property, products and its future results, operations and financial performance and condition and may be identified by the use of words such as “may,” “seek,” “will,” “consider,” “likely,” “assume,” “estimate,” “expect,” “anticipate,” “intend,” “believe,” “do not believe,” “aim,” “predict,” “plan,” “project,” “continue,” “potential,” “guidance,” “objective,” “outlook,” “trends,” “future,” “could,” “would,” “should,” “target,” “on track” or their negatives or variations, and similar terminology and words of similar import, generally involve future or forward-looking statements. For example, the Company is using forward-looking statements when it discusses the voluntary delisting of its ordinary shares from the TASE, including the expected timing of the last trading day and of the delisting; the continued trading of its ordinary shares on Nasdaq; and the expected benefits of the delisting and of exclusive trading on Nasdaq, including potentially enhancing liquidity on Nasdaq and focusing its investor and public relations efforts on the U.S. capital markets. Forward-looking statements are not historical facts, and are based upon management’s current expectations, beliefs and projections, many of which, by their nature, are inherently uncertain. Such expectations, beliefs and projections are expressed in good faith. However, there can be no assurance that management’s expectations, beliefs and projections will be achieved, and actual results may differ materially from what is expressed in or indicated by the forward-looking statements. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the forward-looking statements. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the SEC, including, but not limited to, the risks detailed in the Company’s registration statement on Form 20-F (File No. 001-43362), as amended, as filed with the SEC on June 18, 2026, and in subsequent filings with the SEC. Forward-looking statements speak only as of the date the statements are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events or circumstances, changes in assumptions or changes in other factors affecting forward-looking information except to the extent required by applicable securities laws. If the Company does update one or more forward-looking statements, no inference should be drawn that the Company will make additional updates with respect thereto or with respect to other forward-looking statements. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. Gix is not responsible for the content of third-party websites.
For the quarter ended September 2026, Nasdaq (NDAQ - Free Report) reported revenue of $1.48 billion, up 12.6% over the same period last year. EPS came in at $1.04, compared to $0.88 in the year-ago quarter.
The reported revenue represents a surprise of +1% over the Zacks Consensus Estimate of $1.47 billion. With the consensus EPS estimate being $1.02, the EPS surprise was +1.96%.
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 Nasdaq performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Cash Equity Trading - Total matched market share executed on Nasdaq?s exchanges: 14.5% versus 14.5% estimated by five analysts on average.Equity Derivative Trading and Clearing - Total matched market share executed on Nasdaq?s exchanges: 28.1% versus 27.9% estimated by five analysts on average.Equity Derivative Trading and Clearing - Total industry average daily volume: 63.8 million versus the three-analyst average estimate of 63.83 million.Cash Equity Trading - Total industry average daily share volume: 16.9 billion compared to the 16.92 billion average estimate based on three analysts.Net Revenues- Financial Technology: $529 million versus the five-analyst average estimate of $524.26 million. The reported number represents a year-over-year change of +15.8%.Net Revenues- Total Market Services, net: $309 million versus the five-analyst average estimate of $302.13 million. The reported number represents a year-over-year change of +2%.Net Revenues- Capital Access Platforms: $641 million versus the five-analyst average estimate of $633.95 million. The reported number represents a year-over-year change of +17.4%.Net Revenues- Financial Technology- Financial Crime Management Technology: $103 million compared to the $103.28 million average estimate based on four analysts. The reported number represents a change of +22.6% year over year.Net Revenues- Financial Technology- Regulatory Technology: $123 million versus the four-analyst average estimate of $122.17 million. The reported number represents a year-over-year change of +12.8%.Net Revenues- Total Market Services, net- U.S. Equity Derivatives Trading: $110 million compared to the $104.69 million average estimate based on four analysts. The reported number represents a change of -11.3% year over year.Net Revenues- Total Market Services, net- Cash Equity Trading (U.S. & European): $144 million versus $141.55 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +13% change.Net Revenues- Total Market Services, net- U.S. Tape Plans: $33 million compared to the $33.01 million average estimate based on four analysts. The reported number represents a change of 0% year over year.View all Key Company Metrics for Nasdaq here>>>
Shares of Nasdaq have returned +0.7% over the past month versus the Zacks S&P 500 composite's no change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
(We are reissuing this article to correct a mistake. The original article, issued on October 22, 2026, should no longer be relied upon.)
The tech sell-off deepens, with Meta's 7 percent slide fueling fresh fears over spending, and sending the Nasdaq for its worst day since June. That's led to a major flight to safety, as investors pour back into bonds.
NEW YORK, Oct. 22, 2026 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) today reported financial results for the third quarter of 2026. Third quarter 2026 net revenue1 was $1.5 billion, an increase of 13% over the third quarter of 2025, or 14% on an organic2 basis.
NEW YORK, Oct. 22, 2026 (GLOBE NEWSWIRE) -- The Board of Directors of Nasdaq, Inc. (Nasdaq: NDAQ) has declared a regular quarterly dividend of $0.31 per share on the company's outstanding common stock. The dividend is payable on December 18, 2026 to shareholders of record at the close of business on December 4, 2026. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading technology platform that powers the world’s economies. We architect the infrastructure of the world’s most modern markets, power the innovation economy, and build trust in the financial system. We empower economic opportunity by designing and deploying advanced technology, data, and intelligence solutions that enable our clients to capture opportunities, navigate risk, and strengthen resilience. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.
Cautionary Note Regarding Forward-Looking Statements
Information set forth in this communication contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance, and that actual results could differ materially from those contained in the forward-looking information. Such forward-looking statements include, but are not limited to, information regarding our dividend program and future payment obligations. Forward-looking statements involve a number of risks, uncertainties, or other factors beyond Nasdaq’s control. These factors include, but are not limited to, Nasdaq’s ability to implement its strategic initiatives, economic, political and market conditions and fluctuations, government and industry regulation, interest rate risk, U.S. and global competition, and other factors detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on Nasdaq’s investor relations website at http://ir.nasdaq.com and the SEC’s website at www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
Media Relations Contact:
David Lurie
+1.914.538.0533 [email protected]
Investor Relations Contact:
Ato Garrett
+1.212.401.8737 [email protected]
Colgate-Palmolive Company remains a long-term portfolio anchor. CL is fundamentally back at volume growth, has a record-high 61.5% gross margins, and benefits from emerging markets. CL stock excels as a volatility hedge amid market turbulence, serving a portfolio tactical function. Valuation is elevated: adjusted P/E at 26x versus the 10-year average of 24x, and dividend yield below long-term norms, reducing margin of safety.
Americké akciové indexy v závěru čtvrteční seance doznaly pouze kosmetických pohybů. Tradiční index Dow Jones nakonec dokázal uhájit symbolický zisk 0,02 %. Širší index S&P500 uzavřel slabší o 1,21 %. Nejvýraznější ztráty zaznamenal technologický Nasdaq, který oslabil o 2,6 % v důsledku rozsáhlého výprodeje akcií společností navázaných na ekosystém umělé inteligence.
Dařilo se naopak defenzivním, resp. dividendovým sektorům. Stejně tak se bezpečným přístavem staly dluhopisy, které výrazně zpevnily napříč splatnostmi. Výnos 10letého vládního bondu se posunul na 4,96 % ze včerejších 5,15 %. Drahé kovy se naopak ocitly pod tlakem. Zlato odepsalo 2,8 % se závěrem na 4024 USD/oz, stříbro oslabilo dokonce o 6 % na 54,5 USD/oz. V energetickém sektoru se dařilo ropě. WTI končila silnější o 1,9 % na 99 USD/barel, Brent pak o 3,6 % na 112,7 USD/barel. Zemní plyn uzavřel o 0,3 % níž na 2,78 USD/mmbtu.
Závěrečné hodnoty:
Index S&P 500 -1,21 % na 7663,43 b.
Index Dow Jones 0,02 % na 52867,98 b.
Index Nasdaq Composite -2,6 % na 26008,859 b.
Nejsilnější sektory S&P
Změna
Nejslabší sektory S&P
Změna
Zbytná spotřeba
+3,1 %
Sektor komunikací
-3 %
Utility
+2 %
Informační technologie
-3 %
Zdravotní péče
+1,3 %
Nezbytná spotřeba
-1,7 %
Nejsilnější akcie S&P
Změna
Nejslabší akcie S&P
Změna
Key Takeaways Nasdaq's Q3 revenues rose 13% to $1.48 billion, while non-GAAP EPS increased 18% to $1.04.
Solutions revenues grew 17% to $1.17B, with annualized recurring revenues climbing 12% to $3.37B.
Operating margins expanded to 57%, as Nasdaq returned $496B through dividends and share repurchases.
Nasdaq, Inc. (NDAQ - Free Report) reported third-quarter 2026 non-GAAP earnings of $1.04 per share, which increased 18% year over year. The figure beat the Zacks Consensus Estimate of $1.02 by 1.96%.
Net revenues increased 13% to $1.48 billion and topped the consensus estimate of $1.46 billion by 1.4%. Growth was driven by strong Index and Financial Technology performance. Annualized recurring revenues rose 12% to $3.37 billion, with organic growth reaching 14%.
NDAQ Solutions Revenues Maintain Strong MomentumSolutions revenues advanced 17% year over year to $1.17 billion, representing 79% of net revenues, up from 76% in the prior-year quarter. Organic growth reached 18%, marking the sixth consecutive quarter of double-digit organic growth.
Annualized SaaS revenues increased 12% to $1.27 billion, with organic growth of 16%. SaaS accounted for 38% of ARR, reflecting Nasdaq's expanding subscription-based business and recurring revenue contribution.
Nasdaq Capital Access Benefits From Index StrengthCapital Access Platforms revenues climbed 20% to $641 million. Index revenues surged 39% to $286 million, supported by higher exchange-traded product assets under management and record derivatives volumes. Data and Listing Services revenues rose 10% to $224 million, while Workflow and Insights revenues increased 6% to $131 million.
Average Index ETP assets under management reached a record $1.11 trillion, up $331 billion year over year. Net inflows totaled $49 billion during the quarter and a record $141 billion over the trailing 12 months. Nasdaq launched 32 new Index products and welcomed eight of the 10 largest operating-company IPOs during the quarter.
NDAQ Financial Technology Delivers Broad-Based GrowthFinancial Technology revenues increased 16% to $529 million, with organic growth matching the reported rate. Financial Crime Management Technology revenues rose 23% to $103 million, Regulatory Technology revenues advanced 13% to $123 million, and Capital Markets Technology revenues increased 15% to $303 million on a reported basis.
Financial Technology ARR increased 18% to $1.95 billion. The division signed 54 new clients, five cross-sells and 135 upsells, while cloud-based solutions represented 85% of annual contract value bookings.
Nasdaq Verafin signed 45 small- and medium-sized bank clients and three enterprise deals. Its Agentic AI Workforce expanded to more than 850 clients. Regulatory Technology added 10 new clients and 86 upsells, reflecting demand for cloud infrastructure, AI and regulatory solutions.
Nasdaq Market Services Sets Q3 Revenue RecordMarket Services net revenues increased 2% to a third-quarter record of $309 million. U.S. cash equities revenues advanced 15% to $114 million, supported by higher market share and a near-record capture rate. European cash equities revenues rose to $30 million, while U.S. tape plan revenues totaled $33 million.
U.S. equity derivatives revenues declined 12% to $110 million due to lower capture rates and market share, partially offset by higher industry volumes. Nasdaq held a 28.1% matched market share in U.S. multi-listed options and a 14.5% share in U.S.-listed cash equities. Its European cash equities market share reached 75%.
NDAQ Margins Expand as Cash Flow Supports ReturnsNon-GAAP operating income increased 15% to $843 million. The non-GAAP operating margin expanded 100 basis points to 57%, as revenue growth outpaced the 9% increase in non-GAAP operating expenses to $638 million. Higher compensation costs and technology investments contributed to the expense increase.
Cash flow from operations totaled $521 million, while free cash flow reached $616 million. Nasdaq returned $173 million through dividends and $323 million through share repurchases. Cash and cash equivalents stood at $365 million at quarter-end, while long-term debt totaled $8.47 billion.
The company's gross leverage ratio improved to 2.5 times from 2.6 times in the preceding quarter, reflecting continued deleveraging.
Nasdaq Raises Expense Outlook for 2026Nasdaq updated its 2026 non-GAAP operating expense guidance to $2.550-$2.580 billion from the previous range of $2.530-$2.570 billion. The revision follows increased compensation costs tied to revenue execution and continued investments in technology.
NDAQ maintained its non-GAAP tax rate guidance at 22.5-24.5%.
Strategically, Nasdaq established Digital Liquidity Networks to advance digital assets and market modernization. It also completed the acquisition of LeveL Markets early in the fourth quarter and remains on track to introduce 23/5 trading on Dec. 6, 2026, expanding access to U.S.-listed equities.
Zacks RankNDAQ currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Performance of an Industry PlayerCME Group Inc. (CME - Free Report) reported third-quarter 2026 adjusted earnings per share of $3.02, which beat the Zacks Consensus Estimate by 1.3%. The bottom line increased 12.7% year over year. CME Group’s revenues of $1.73 billion increased 13% year over year. The year-over-year increase was primarily due to higher clearing and transaction fees, market data and information services, and other factors. The top line beat the Zacks Consensus Estimate by 1.2%.
Total expenses rose 5.5% year over year to $595.9 million, attributable to higher technology, depreciation and amortization, licensing and other fee agreements, and other expenses. Operating income increased 17.3% from the prior-year quarter to $1.14 billion.
Upcoming ReleasesIntercontinental Exchange Inc. (ICE - Free Report) is set to report third-quarter 2026 results on Oct. 29, before market open. The Zacks Consensus Estimate for third-quarter earnings per share is pegged at $1.97, suggesting an increase of 15.2% from the year-ago quarter’s reported figure.
ICE’s earnings beat estimates in each of the last four quarters.
Cboe Global Markets, Inc. (CBOE - Free Report) is set to report third-quarter 2026 results on Oct. 30, before market open. The Zacks Consensus Estimate for third-quarter earnings per share is pegged at $3.40, suggesting an increase of 27.3% from the year-ago quarter’s reported figure.
CBOE’s earnings beat estimates in each of the last four quarters.
Nasdaq, Inc. (NDAQ) Q3 2026 Earnings Call October 22, 2026 8:00 AM EDT
Company Participants
Ato Garrett - Senior VP & Investor Relations Officer
Adena Friedman - CEO & Chairman
Sarah Youngwood - Executive VP & CFO
Conference Call Participants
Ashish Sabadra - RBC Capital Markets, Research Division
Y. Cho - JPMorgan Chase & Co, Research Division
Patrick Moley - Piper Sandler & Co., Research Division
Owen Lau - Clear Street LLC
Alexander Blostein - Goldman Sachs Group, Inc., Research Division
Alex Kramm - UBS Investment Bank, Research Division
Brian Bedell - Deutsche Bank AG, Research Division
Benjamin Budish - Barclays Bank PLC, Research Division
Michael Cyprys - Morgan Stanley, Research Division
Daniel Fannon - Jefferies LLC, Research Division
Jeffrey Schmitt - William Blair & Company L.L.C., Research Division
Simon Alistair Clinch - Rothschild & Co Redburn, Research Division
Presentation
Operator
Good day, and thank you for standing by. Welcome to Nasdaq Third Quarter 2026 Results Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded.
I would now like to hand the conference over to your first speaker, Ato Garrett, Senior Vice President and Investor Relations Officer. Please go ahead.
Ato Garrett
Senior VP & Investor Relations Officer
Good morning, everyone, and thank you for joining us today to discuss Nasdaq's third quarter 2026 financial results. On the line are Adena Friedman, our Chair and Chief Executive Officer; Sarah Youngwood, our Chief Financial Officer; and other members of the management team. After our prepared remarks, we will open the line for Q&A. The press release and earnings presentation accompanying this call can be found on the Investor Relations website.
I would like to remind you that certain statements we make on this call, including statements about our outlook, expectations, plans and strategies are forward-looking statements. These statements involve risks and uncertainties, and our actual results could differ materially from those expressed or
Nasdaq (NDAQ - Free Report) came out with quarterly earnings of $1.04 per share, beating the Zacks Consensus Estimate of $1.02 per share. This compares to earnings of $0.88 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +1.96%. A quarter ago, it was expected that this exchange operator would post earnings of $0.98 per share when it actually produced earnings of $1.07, delivering a surprise of +9.18%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
Nasdaq, which belongs to the Zacks Securities and Exchanges industry, posted revenues of $1.48 billion for the quarter ended September 2026, surpassing the Zacks Consensus Estimate by 1.00%. This compares to year-ago revenues of $1.32 billion. The company has topped consensus revenue estimates four times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Nasdaq shares have lost about 1% since the beginning of the year versus the S&P 500's gain of 13.3%.
What's Next for Nasdaq?While Nasdaq has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Nasdaq was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.07 on $1.53 billion in revenues for the coming quarter and $4.13 on $5.9 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Securities and Exchanges is currently in the bottom 23% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
CBOE Global (CBOE - Free Report) , another stock in the same industry, has yet to report results for the quarter ended September 2026. The results are expected to be released on October 30.
This holding company for the Chicago Board Options Exchange is expected to post quarterly earnings of $3.40 per share in its upcoming report, which represents a year-over-year change of +27.3%. The consensus EPS estimate for the quarter has been revised 0.2% higher over the last 30 days to the current level.
CBOE Global's revenues are expected to be $701.96 million, up 15.9% from the year-ago quarter.
For the quarter ended September 2026, Nasdaq (NDAQ - Free Report) reported revenue of $1.48 billion, up 12.6% over the same period last year. EPS came in at $1.04, compared to $0.88 in the year-ago quarter.
The reported revenue represents a surprise of +1% over the Zacks Consensus Estimate of $1.47 billion. With the consensus EPS estimate being $1.02, the EPS surprise was +1.96%.
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 Nasdaq performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Cash Equity Trading - Total matched market share executed on Nasdaq?s exchanges: 14.5% versus 14.5% estimated by five analysts on average.Equity Derivative Trading and Clearing - Total matched market share executed on Nasdaq?s exchanges: 28.1% versus 27.9% estimated by five analysts on average.Equity Derivative Trading and Clearing - Total industry average daily volume: 63.8 million versus the three-analyst average estimate of 63.83 million.Cash Equity Trading - Total industry average daily share volume: 16.9 billion compared to the 16.92 billion average estimate based on three analysts.Net Revenues- Financial Technology: $529 million versus the five-analyst average estimate of $524.26 million. The reported number represents a year-over-year change of +15.8%.Net Revenues- Total Market Services, net: $309 million versus the five-analyst average estimate of $302.13 million. The reported number represents a year-over-year change of +2%.Net Revenues- Capital Access Platforms: $641 million versus the five-analyst average estimate of $633.95 million. The reported number represents a year-over-year change of +17.4%.Net Revenues- Financial Technology- Financial Crime Management Technology: $103 million compared to the $103.28 million average estimate based on four analysts. The reported number represents a change of +22.6% year over year.Net Revenues- Financial Technology- Regulatory Technology: $123 million versus the four-analyst average estimate of $122.17 million. The reported number represents a year-over-year change of +12.8%.Net Revenues- Total Market Services, net- U.S. Equity Derivatives Trading: $110 million compared to the $104.69 million average estimate based on four analysts. The reported number represents a change of -11.3% year over year.Net Revenues- Total Market Services, net- Cash Equity Trading (U.S. & European): $146 million versus $141.55 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +15% change.Net Revenues- Total Market Services, net- U.S. Tape Plans: $33 million compared to the $33.01 million average estimate based on four analysts. The reported number represents a change of 0% year over year.View all Key Company Metrics for Nasdaq here>>>
Shares of Nasdaq have returned +0.7% over the past month versus the Zacks S&P 500 composite's no change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
NEW YORK, Oct. 21, 2026 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market (Nasdaq: NDAQ) announced today that it has notified Robot Consulting Co., Ltd. (Nasdaq: LAWR) that its securities will be delisted from the Nasdaq Stock Market LLC on October 30, 2026, unless the company appeals to a Listing Qualifications Hearings Panel. The securities will remain halted, and unavailable to trade, until any appeal is resolved. Following removal from Nasdaq the securities may be eligible for trading in the over-the-counter market.
Following a temporary trading suspension in the Company’s securities by the U.S. Securities and Exchange Commission (https://www.sec.gov/files/litigation/suspensions/2025/34-104169.pdf) Nasdaq halted trading in the Company’s ordinary shares on November 6, 2025. Nasdaq has now determined that it is appropriate to use its authority under IM-5101-4 to delist the Company’s securities from Nasdaq.
For news and additional information about the company, please review the companies’ public filings or contact the company directly.
For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com. Nasdaq’s rules governing the delisting of securities can be found in the Nasdaq Rule 5800 Series, available on the Nasdaq Web site: https://listingcenter.nasdaq.com/rulebook/nasdaq/rules/nasdaq-5800-series.
(Kitco NewsWire) - Spot gold prices were higher in late U.S. trading Wednesday, while spot silver recovered from earlier losses, as a softer U.S. dollar and easing crude oil prices provided some support for precious metals despite persistent inflation concerns and expectations for additional Federal Reserve tightening. Strong corporate earnings lifted major U.S. stock indexes, while unresolved tensions involving Iran and the Strait of Hormuz continued to complicate the outlook for energy prices and monetary policy. Gold was trading near $4,141.01 an ounce, up 0.66%, while silver was near $57.976, up 0.34%, in the latest available late-session market readings.
The latest U.S. economic reports continue to point to weakness in interest rate-sensitive sectors of the economy. September housing starts declined 5.2% to a seasonally adjusted annual rate of 1.221 million units, below expectations of approximately 1.305 million and down from an upwardly revised 1.288 million in August. Building permits slipped 0.2% to 1.400 million units, while single-family starts declined 4.6% to 859,000 units. Pending home sales fell 7.3% in September and 11.3% from a year earlier, reinforcing concerns that high mortgage rates and weakening household confidence are restraining residential investment. Wednesday's weekly U.S. petroleum inventory report also highlighted the continuing tightness in energy markets, with commercial crude oil stocks declining 3.1 million barrels to 412.5 million barrels, compared with expectations for a draw of approximately 300,000 barrels. Gasoline inventories fell 3.0 million barrels, while distillate stocks increased 1.7 million barrels.
The Federal Reserve remains in its premeeting communications blackout, leaving incoming economic releases as the principal influence on near-term interest rate expectations. Thursday brings weekly initial jobless claims at 8:30 a.m. EDT, followed Friday by preliminary October manufacturing and services purchasing managers' indexes at 9:45 a.m. EDT and the final University of Michigan consumer sentiment survey at 10 a.m. EDT. Traders will be particularly sensitive to signs of weakening labor-market conditions and changes in consumer inflation expectations ahead of next week's Fed decision. Softer employment and business activity data could reduce December tightening expectations and support gold through lower Treasury yields and a weaker dollar, while stronger readings or renewed inflation pressure would reinforce the argument for maintaining restrictive monetary policy.
The Strait of Hormuz and U.S.-Iran situation remained a significant source of uncertainty Wednesday, although crude oil prices eased as traders balanced continued military and shipping risks against signs of a recovery in regional petroleum exports. Attacks on vessels in the Persian Gulf and threats against Saudi Arabian infrastructure have maintained concerns about the reliability of energy shipments, while diplomatic contacts involving Washington and Tehran have yet to produce a confirmed agreement. Total crude exports from the Persian Gulf and alternative shipping routes have recovered to approximately 24 million barrels per day, exceeding prewar volumes, although roughly 40% of regional shipments now bypass the Strait of Hormuz, compared with 17% before the conflict. Direct traffic through the waterway remains disrupted, and continuing security threats, higher shipping costs and uncertainty about U.S.-Iran negotiations have prevented crude prices from returning to pre-conflict levels. December WTI futures settled at $97.15 a barrel, down 0.7%, while Brent crude finished near $108.82.
For gold, the decline in crude oil prices has eased some immediate inflation and interest rate pressure, while continuing uncertainty about Gulf security provides an underlying source of defensive demand. However, the recovery in broader equity markets and expectations for additional Fed tightening have limited the metal's safe-haven appeal. Silver has remained more sensitive to concerns about industrial demand and the direction of real interest rates, with recent price action reflecting profit-taking after Tuesday's advance. The contrasting pressures of geopolitical risk, weaker economic activity and still-elevated inflation expectations continue to complicate the outlook for both precious metals.
North American equity markets finished higher Wednesday, supported by strong corporate earnings and renewed buying interest in technology and artificial intelligence-related shares. The Dow Jones Industrial Average gained 360.21 points, or 0.69%, to close at 52,856.09, while the S&P 500 advanced 44.60 points, or 0.58%, to 7,757.17. The Nasdaq Composite climbed 278.04 points, or 1.05%, to 26,702.86, leading the major benchmarks higher as technology stocks recovered from last week's selling pressure. The Russell 2000 advanced 7.60 points, or 0.27%, to 2,781.02. Canada's S&P/TSX Composite Index also strengthened, rising 0.76% to close at 36,382.77, with broader equity sentiment benefiting from the recovery in U.S. shares. Better-than-expected corporate results helped offset concerns about elevated financing costs, artificial intelligence investment valuations and persistent geopolitical uncertainty.
European equity markets were mixed Wednesday as investors assessed corporate earnings, elevated energy prices and mounting fiscal concerns in France. The pan-European Stoxx 600 traded near unchanged during the session, while Germany's DAX slipped approximately 0.1% and France's CAC 40 gained around 0.1% in the latest independently confirmed market readings. The U.K.'s FTSE 100 declined approximately 0.2%, pressured by weaker mining shares. Corporate results produced sharp individual stock movements, with strong earnings supporting European technology and consumer companies while disappointing guidance weighed on retailers. The selloff in French government bonds remained another source of concern, with the country's benchmark 10-year yield rising above 5.0% for the first time since 2002. The spread over equivalent German government debt widened to approximately 157 basis points, reflecting growing investor unease about France's fiscal position and political instability.
The key outside markets see Nymex December WTI crude oil futures lower and settling at $97.15 a barrel, while Brent crude finished near $108.82. The yield on the benchmark 10-year U.S. Treasury note remained near the 5.1% area. The U.S. dollar index was softer, providing some support for gold even as expectations for additional Federal Reserve tightening remained elevated. (Kitco Global Index shows how much of today's gold move is the dollar versus the gold market itself.)
Technically, spot gold bulls' next upside price objective is to push prices back above the $4,142.52 to $4,162.00 resistance zone, with a sustained move targeting $4,180.00 and then $4,217.00. Bears' next near-term downside price objective is a break below $4,098.63, with deeper downside targets at $4,066.00 and then $3,942.00. First resistance is seen at $4,142.52 and then at $4,162.00. First support is seen at $4,127.10 and then at $4,098.63.
Spot silver bulls' next upside price objective is to drive prices back above the $57.860 to $58.799 resistance zone, with a sustained move targeting $60.000 and then $61.000. The next downside price objective for the bears is a break below $56.920, with deeper downside targets at $56.340 and then $56.000. First resistance is seen at $57.860 and then at $58.799. Next support is seen at $57.591 and then at $56.920.
See live precious metals prices for gold, silver, platinum and palladium — in USD, CAD and 12 more currencies.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
Delisting of Class A Common Stock Expected to Become Effective November 12, 2026
, /PRNewswire/ -- Direct Digital Holdings, Inc. (OTC: DRCT) ("Direct Digital Holdings," "DDH," or the "Company"), a leading advertising and marketing technology platform operating through its companies Colossus Media, LLC ("Colossus SSP") and Orange 142, LLC ("Orange 142"), today announced its intention to voluntarily delist its Class A common stock from The Nasdaq Stock Market LLC ("Nasdaq") and to deregister its Class A common stock under Section 12(b) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). The Company has provided written notice of its intention to Nasdaq and intends to file a Form 25 with the U.S. Securities and Exchange Commission (the "SEC") on or about November 2, 2026.
The Company expects that the delisting of its Class A common stock will become effective ten days after the filing of the Form 25, on or about November 12, 2026, and that the registration of its Class A common stock under Section 12(b) of the Exchange Act will terminate 90 days after the filing of the Form 25, on or about January 31, 2027. Following the effectiveness of the Form 25, the Company intends to file a Form 15 with the SEC to deregister the Company's securities under Section 12(g) of the Exchange Act and suspend its reporting obligations under Section 15(d) of the Exchange Act.
As a result of the filing of the Form 15, Direct Digital Holdings' obligation to file certain Exchange Act reports and forms with the SEC, including certain Forms 10-K, 10-Q and 8-K, will cease. The Company will generally be relieved of all reporting obligations under the Exchange Act upon the effectiveness of the Form 15. The Company expects that the deregistration of its Class A common stock will become effective 90 days after the filing of the Form 15 with the SEC.
As previously disclosed, on October 1, 2026, the Company received a notice (the "Delist Determination") from Nasdaq indicating that based on the Company's failure to comply with Nasdaq Listing Rule 5550(b)(1), Nasdaq had determined to delist the Class A Common Stock and trading of the Class A Common Stock on Nasdaq has been suspended since October 5, 2026.
The Class A Common Stock is currently quoted on the OTC Markets' OTC Pink "Limited Information" tier under its current symbol "DRCT" and is expected to continue to be quoted following the delisting and deregistration. The Company may discuss with broker-dealers the possibility of having its Class A common stock quoted on a higher information tier of the OTC Markets, but no decision or arrangements have yet been made in that regard. There can be no assurance that a market for the Class A Common Stock will be maintained on the OTC Markets system, and the Company's stockholders may find it more difficult to buy or sell their shares.
The determination to withdraw the Class A Common Stock from listing and registration was authorized by the Company's board of directors (the "Board") on October 20, 2026. In reaching its determination, the Board considered a number of factors, including: that trading in the Class A Common Stock on Nasdaq has been suspended since October 5, 2026; that the Class A Common Stock is currently quoted on the OTC Markets, as well as its trading volume and price on the OTC Markets; that the Company did not have sufficient grounds on which to appeal the Delist Determination; the likelihood that the Company would be able to meet the listing requirements of Nasdaq or another national securities exchange at this time; that Nasdaq has not yet filed a Form 25 to complete the removal of the Class A Common Stock from listing and registration, and that a voluntary filing by the Company would provide certainty as to the timing of the delisting and deregistration process; the substantial direct and indirect costs of maintaining the registration of the Class A Common Stock and complying with the reporting and related requirements of the Exchange Act; the limited benefits to the Company and its stockholders of continued listing and registration in light of the trading suspension; and the demands that continued compliance places on management's time and the Company's resources.
About Direct Digital Holdings
Direct Digital Holdings (Nasdaq: DRCT) is an end-to-end, AI-powered advertising technology and media solutions provider. The Company combines advanced technology with award-winning media and marketing expertise to enhance reach and drive performance for brands, agencies, and publishers of all sizes. Through Orange 142, a leading digital marketing and advertising agency, the Company delivers customized, audience-focused campaigns that enable mid-market and enterprise companies to achieve measurable results across programmatic, search, social, CTV, influencer marketing, and more. The Company also provides curated access to premium digital media inventory through its proprietary media-buying platform. With expertise across high-growth sectors—including Energy, Higher Education, Travel & Tourism, and Financial Services—Direct Digital Holdings helps brands reach and engage audiences more effectively across the evolving digital media ecosystem.
This press release contains forward-looking statements within the meaning of federal securities laws that are subject to certain risks, trends and uncertainties. We use words such as "could," "would," "may," "might," "will," "expect," "likely," "believe," "continue," "anticipate," "estimate," "intend," "plan," "project" and other similar expressions to identify forward-looking statements, but not all forward-looking statements include these words, including statements regarding the anticipated timing and effects of the Form 25 and Form 15 filings, the delisting and deregistration of the Company's Class A common stock, the suspension of the Company's reporting obligations, and the continued quotation of the Company's Class A common stock on the OTC market. All of our forward-looking statements involve estimates and uncertainties that could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. Accordingly, any such statements are qualified in their entirety by reference to the information described under the caption "Risk Factors" and elsewhere in our most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the "Form 10-K") and subsequent periodic and/or current reports filed with the Securities and Exchange Commission (the "SEC").
The forward-looking statements contained in this press release are based on assumptions that we have made in light of our industry experience and our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances. As you read and consider this press release, you should understand that these statements are not guarantees of performance or results. They involve risks, uncertainties (many of which are beyond our control) and assumptions.
Although we believe that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect our actual operating and financial performance and cause our performance to differ materially from the performance expressed in or implied by the forward-looking statements. We believe these factors include, but are not limited to, the following: the ability to realize the benefit of our strategic shift to focusing on driving digital marketing spend among historical buyers of managed advertising campaigns and new enterprise customers; the restrictions and covenants imposed upon us by our credit facilities; the substantial doubt about our ability to continue as a going concern, which may hinder our ability to obtain future financing; our ability to secure additional financing to meet our capital needs; our ability to regain and maintain compliance with the listing standards of the Nasdaq Capital Market; any significant fluctuations caused by our high customer concentration; risks related to non-payment by our clients; reputational and other harms caused by our failure to detect advertising fraud; operational and performance issues with our platform, whether real or perceived, including a failure to respond to technological changes or to upgrade our technology systems; restrictions on the use of third-party "cookies," mobile device IDs or other tracking technologies, which could diminish our platform's effectiveness; unfavorable publicity and negative public perception about our industry, particularly concerns regarding data privacy and security relating to our industry's technology and practices, and any perceived failure to comply with laws and industry self-regulation; our failure to manage our growth effectively; the difficulty in identifying and integrating any future acquisitions or strategic investments; any changes or developments in legislative, judicial, regulatory or cultural environments related to information collection, use and processing; challenges related to our clients that are destination marketing organizations and that operate as public/private partnerships; any strain on our resources or diversion of our management's attention as a result of being a public company; the intense competition of the digital advertising industry and our ability to effectively compete against current and future competitors; any significant inadvertent disclosure or breach of confidential and/or personal information we hold, or of the security of our or our customers', suppliers' or other partners' computer systems; as a holding company, we depend on distributions from Direct Digital Holdings, LLC ("DDH LLC") to pay our taxes, expenses (including payments under the Tax Receivable Agreement) and any amount of any dividends we may pay to the holders of our common stock; any failure by us to maintain or implement effective internal controls or to detect fraud; and other factors and assumptions discussed in our Form 10-K and subsequent periodic and current reports we may file with the SEC.
Should one or more of these risks or uncertainties materialize or should any of these assumptions prove to be incorrect, our actual operating and financial performance may vary in material respects from the performance projected in these forward-looking statements. Further, any forward-looking statement speaks only as of the date on which it is made, and except as required by law, we undertake no obligation to update any forward-looking statement contained in this press release to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances, and we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. New factors that could cause our business not to develop as we expect emerge from time to time, and it is not possible for us to predict all of them. Further, we cannot assess the impact of each currently known or new factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.
For more information, visit: https://directdigitalholdings.com.
BALA CYNWYD, Pa., Oct. 21, 2026 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no cost or financial obligation to you.
NEW YORK, Oct. 20, 2026 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that the trading halt in CN Healthy Food Tech Group Corp. (Nasdaq: UCFI and UCFIW) will continue. Nasdaq has requested additional information from the company, and trading will remain halted until the company has satisfied Nasdaq’s request for information. Trading in the company’s common stock and warrants was halted on October 1, 2025 at 11:28:10 Eastern Time.
For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotesSM on the Nasdaq® Web site.
For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com.
Company Remains Listed on The Nasdaq Capital Market Under Symbol SHFS | Source: Safe Harbor Financial Services, Inc.
DENVER, Oct. 20, 2026 (GLOBE NEWSWIRE) -- SHF Holdings, Inc., d/b/a Safe Harbor Financial (the “Company” or “Safe Harbor”) (NASDAQ: SHFS), a fintech platform serving the banking, lending and financial services needs of the regulated cannabis and hemp industries, today announced that it received written notice from The Nasdaq Stock Market LLC (“Nasdaq”) that the Company is eligible for an additional 180-calendar-day period, or until April 19, 2027, to regain compliance with Nasdaq’s minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).
The Company was previously notified on April 22, 2026 that it no longer satisfied the minimum $1.00 bid price per share requirement and was provided an initial 180-day compliance period through October 19, 2026 to regain compliance. Nasdaq granted the additional compliance period based on the Company meeting the continued listing requirements for market value of publicly held shares and all other applicable requirements for initial listing on The Nasdaq Capital Market, with the exception of the minimum bid price requirement. The Company also provided written notice to Nasdaq of its intention to cure the deficiency during the second compliance period by effecting a reverse stock split, if necessary.
This notification has no immediate effect on the listing or trading of the Company’s common stock, which will continue to trade on The Nasdaq Capital Market under the symbol “SHFS.” If the closing bid price of the Company’s shares is at least $1.00 per share for a minimum of 10 consecutive business days at any point during the second compliance period, Nasdaq will provide written confirmation that the Company has regained compliance and the matter will be closed.
The Company will continue to monitor the closing bid price of its common stock and intends to evaluate all available options to regain compliance before the April 19, 2027 deadline.
“We are committed to meeting Nasdaq’s listing requirements and are exploring multiple strategies to regain compliance,” said Terrance Mendez, Chief Executive Officer and Chief Financial Officer of Safe Harbor. “At the same time, the operational and financial progress we have made over the past year is real. Our deposit base has grown to levels not seen since April 2024, as measured by the trailing 14-day average balance, our lending business is growing, our platform is broader and the regulatory backdrop for cannabis banking is the most favorable it has ever been.”
For more information on the Company’s Nasdaq notification, please refer to the Company’s filings with the U.S. Securities and Exchange Commission, accessible at www.sec.gov.
About Safe Harbor:
Safe Harbor is a cannabis-exclusive financial platform delivering smarter banking, lending, payments and business services tailored to how the cannabis industry actually operates. As one of the original pioneers of compliant financial operations support and cannabis banking consulting in the U.S., Safe Harbor has assisted in the processing of more than $36 billion in cannabis-related depository funds across 41 states and territories. Through its proprietary Cannabis Banking Solutions™ Platform and network of regulated financial institution partners, Safe Harbor empowers cannabis operators to gain clarity, control and confidence in their financial operations. From daily banking to long-term growth, Safe Harbor provides real solutions and personal support, built exclusively for cannabis. Safe Harbor is a financial technology company, not a bank. Banking services are provided by our partner financial institutions. For more information, visit shfinancial.org.
Cautionary Statement Regarding Forward-Looking Statements:
Certain information contained in this press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included herein may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Forward-looking statements may include, but are not limited to, statements with respect to trends in the cannabis industry, including proposed changes in U.S. and state laws, rules, regulations and guidance relating to Safe Harbor’s services; Safe Harbor’s growth prospects and Safe Harbor’s market size; Safe Harbor’s projected financial and operational performance, including relative to its competitors and historical performance; success or viability of new product and service offerings Safe Harbor may introduce in the future; the impact of volatility in the capital markets, which may adversely affect the price of Safe Harbor’s securities; the outcome of any legal proceedings that have been or may be brought by or against Safe Harbor; the Company’s intention to cure the bid price deficiency, including by effecting a reverse stock split if necessary; and other statements regarding Safe Harbor’s expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “outlook,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would,” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in Safe Harbor’s filings with the U.S. Securities and Exchange Commission, including the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 and its Quarterly Report on Form 10-Q for the quarter ended June 30, 2026. Safe Harbor undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
Key Takeaways Nasdaq's organic growth and Financial Crime Management Technology revenues are expected to boost Q3 results.
Capital Markets Technology and Capital Access Platforms gain from higher subscriptions and new listings.
Rising expenses may pressure profitability, but share buybacks are likely to boost earnings.
Nasdaq, Inc. (NDAQ - Free Report) is expected to register an improvement in both top and bottom lines when it reports third-quarter 2026 results on Oct. 22, before the opening bell.
The Zacks Consensus Estimate for NDAQ’s third-quarter revenues is pegged at $1.47 billion, indicating 11.7% growth from the year-ago reported figure.
The consensus estimate for earnings is pegged at $1.02 per share. The estimate suggests a year-over-year increase of 15.9%.
What Our Quantitative Model StatesOur proven model predicts an earnings beat for Nasdaq this time around. This is because the stock has the right combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold).
Earnings ESP: Nasdaq has an Earnings ESP of +0.98% at present. This is because the Most Accurate Estimate of $1.03 is pegged higher than the Zacks Consensus Estimate of $1.02. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Zacks Rank: Nasdaq currently carries a Zacks Rank #3.
Factors to ConsiderContinued organic revenue growth, new sales and an increase in Financial Crime Management Technology revenues are likely to have aided Nasdaq’s third-quarter performance.
Non-trading revenues are likely to have benefited from improved results in Capital Access Platforms, Financial Technology and Market Services businesses. Higher subscription revenues from new and existing clients and professional services fees are expected to have aided the Financial Crime Management Technology business.
Higher revenues from data center expansion, including a change in pricing structure, Calypso upfront license revenues and increased subscription revenues across all businesses are likely to have benefited the Capital Markets Technology business.
New listings, an increase in data net sales and usage and pricing, higher average AUM in exchange-traded products linked to Nasdaq indices, eVestment and Nasdaq Alternative Data sales growth are expected to have aided performance at the Capital Access Platforms division.
A rise in professional & contract services expenses, as well as technology and communication infrastructure, marketing and advertising, depreciation and amortization and regulatory, merger and strategic initiatives is expected to have increased total expenses for the to-be-reported quarter. Nevertheless, share buybacks in the to-be-reported quarter are anticipated to have boosted the bottom line.
Q3 VolumesNasdaq reported impressive volumes for the third quarter of 2026. The U.S. equity options volume increased 12.9% year over year to 1.1 billion contracts. European options and futures volume decreased 15.8% year over year to 12.8 million contracts.
Revenues per contract for the U.S. equity options decreased 25% year over year to 9 cents, while the same for European options and futures increased 20.4% to 65 cents.
Under its cash equities, Nasdaq’s U.S. matched equity volume in the third quarter, which grossed 157.5 billion shares, down 0.6% from the prior-year quarter’s level. European equity volume increased 21% year over year to $260 billion.
In the third quarter, there were 4,537 listed companies on the Nasdaq compared with 4,492 in the year-ago period. Total listings increased 6.1% year over year to 5,829.
Other Stocks to ConsiderHere are three other finance stocks you may want to consider, as our model shows that these also have the right combination of elements to post an earnings beat.
Cincinnati Financial Corporation (CINF - Free Report) has an Earnings ESP of +13.87% and a Zacks Rank #2 at present. The Zacks Consensus Estimate for third-quarter 2026 earnings is pegged at $2.01, indicating a year-over-year decrease of 29.5%. You can see the complete list of today’s Zacks #1 Rank stocks here.
CINF’s earnings beat estimates in three of the last four reported quarters and missed in one.
Cboe Global Markets, Inc. (CBOE - Free Report) has an Earnings ESP of +0.94% and carries a Zacks Rank #3 at present. The Zacks Consensus Estimate for third-quarter 2026 earnings is pegged at $3.41, indicating a year-over-year increase of 27.72%.
CBOE’s earnings beat estimates in each of the last four reported quarters.
Arch Capital Group Ltd. (ACGL - Free Report) has an Earnings ESP of +11.70% and a Zacks Rank #3 at present. The Zacks Consensus Estimate for third-quarter 2026 earnings is pegged at $2.05, indicating a year-over-year decrease of 25.9%.
ACGL’s earnings beat estimates in each of the last four reported quarters.
Crypto traders have been buying and selling on Sunday mornings for more than a decade. Wall Street still keeps banker's hours, with the main trading session ending at 4 p.m. and weekends off.
Nasdaq (NDAQ +1.54%) CEO Adena Friedman wants to change that. Speaking at the TOKEN2049 conference in Singapore this month, she was refreshingly candid about who got there first.
"The retail ecosystem, as we know, has been kind of 10 years ahead," she told CNBC's Joanna Ossinger.
Ten years is a long head start. Nasdaq's catch-up plan begins on Dec. 6, when it starts trading U.S. stocks 23 hours a day, five days a week. The full 24/7 version is a much bigger project, and Friedman made it clear that the exchange itself is the easy part. The hard part is everything that comes after it.
NDAQ Nasdaq$94.64+$1.44 (+1.54%)
NASDAQ · As of 10:58 AM ET 10/20/26
A harbor that never closes Picture a busy harbor that has always shut down overnight. The crews go home, the cranes get serviced, and the paperwork catches up before sunrise. Now imagine ships arriving around the clock. Every crane, tugboat, and customs desk suddenly needs a night shift.
That's roughly what Friedman described. Banks and brokers have relied on closed hours to patch systems, run batch processing, and tidy up risk calculations. In an always-on market, that downtime disappears.
"Everything has to be real-time, all the time," she said, nearly quoting a couple of A24 movie titles.
That includes money. If a trade happens in the middle of Saturday night, the cash has to move at that point, too. Traditional bank wires don't keep those always-on hours.
Image source: Getty Images.
Meet the most boring hero in crypto Tokenization turns real-world assets, from dollars to Treasury bonds, into digital tokens on a blockchain ledger. Those tokens can change hands in seconds, at any hour. Friedman sees a two-step path to making this work at scale: tokenize the money first, then everything else.
In practice, tokenized money means stablecoins. A dollar stablecoin is about as thrilling as a feather pillow. It's supposed to be worth a dollar today, tomorrow, and at 3 a.m. on Saturday. That dullness is the whole job description.
Friedman put it more elegantly: "If we can tokenize money, then we can tokenize the flow of capital."
Step two is tokenizing the collateral banks pledge to back their trades. With stablecoins on one side and tokenized assets on the other, that collateral can move as fast as the trades themselves. Beyond basic cash, think Treasuries, stocks, and money market funds. Friedman said that could free up "tens and tens of billions of dollars of capital" now stuck in collateral pools. That's bank capital getting a second job rather than a crypto windfall, but it's still a lot of money.
She also gave credit to the GENIUS Act for getting the ball rolling. The 2025 stablecoin law set the "rules of the road," as she put it, and big institutions started paying attention.
The law isn't fully in force yet. It takes effect on Jan. 18, 2027, or 120 days after final rules are issued, whichever comes first, and no final rule arrived early enough to beat the January date.
CRCL Circle Internet Group$86.31+$4.94 (+6.07%)
NYSE · As of 10:58 AM ET 10/20/26
Wall Street is trying on crypto's glove Here's the part crypto investors might find less exciting. Friedman doesn't expect traditional finance to adopt the entire crypto playbook. Mainstream markets already have tools like margin and net settlement. Therefore, tokenization "might look a little different than how the crypto ecosystem works today," Friedman said.
In other words, Wall Street is shopping crypto's store for accessories, not a new outfit. Stablecoin settlement and round-the-clock trading might be the glove that fits; the rest can stay on the rack for now.
The legislative side tells a similar story. Friedman mentioned what might happen "if the Clarity Act ever gets approved." That word "ever" is doing some heavy lifting. The broader crypto market-structure bill failed a Senate procedural vote in September amid fights over ethics rules and over whether stablecoin holders should earn interest-like rewards. The GENIUS Act is the law of the land and is in the process of implementation; the Clarity Act is still more of a wish list.
So who wins? Stablecoins won't make anyone rich directly. Popular stablecoin USDC (USDC -0.01%) is worth a dollar today, and if all goes well, it'll be worth a dollar next year, too.
The more interesting question is who owns the pipes. Circle Internet Group (CRCL +6.07%) collects interest on the reserves behind USDC, so more circulation means more income. Visa (V +1.28%) already settles some card payments in stablecoins. And Friedman's Nasdaq does double duty, operating its own markets and licensing its trade infrastructure technology to 135 other market operators and regulators, plus hundreds of brokers and banks.
Meanwhile, I wouldn't count on Wall Street's tokenization push to boost crypto across the board. If Friedman is right, banks will adopt stablecoins and tokenized collateral on their own terms, and the companies running those pipes will collect the fees.
New collaboration will bring Capitalization Table data to FactSet Workstation, strengthening and expanding its private markets offering for investment professionals
NORWALK, Conn., Oct. 20, 2026 (GLOBE NEWSWIRE) -- FactSet, a leading global intelligence and AI solutions provider to the financial markets, has entered into a partnership with Nasdaq Private Market (NPM), a leading provider of liquidity, capital and investment solutions for private companies and investors, to integrate Capitalization (Cap) Table data into its platform. The intelligence sourced from NPM is expected to support more informed due diligence, valuation analysis, and deal sourcing - areas where reliable, structured data has historically been difficult to obtain.
The partnership comes at a particularly relevant moment. While private markets have grown significantly over the past decade, transparency, reporting standards, and data-sharing practices have struggled to keep pace. As investment professionals across all firm types are allocating more capital to private assets, the need for accurate, structured private markets data has grown sharply.
FactSet's collaboration with NPM directly addresses this need. The integrated solution will give investment professionals a deeper insight into private company ownership structures and how financing transactions, such as new funding rounds, secondary sales, and dilutive events, affect ownership stakes and capital structure over time.
Critically, the Cap Table data sourced through NPM is supported by verifiable, auditable documentation and filings, rather than relying solely on modelled ownership estimates. This will provide financial and advisory firms with a higher degree of confidence in the data underpinning their investment and dealmaking workflows.
The NPM data also complements the private-company, funding, deal, and M&A data FactSet already provides. This enables clients to develop a more complete and connected view of private-market activity, spanning a company's early funding history through to its current ownership and capital structure.
"Private markets have grown significantly, but the underlying ownership data hasn't kept pace. As a result, firms have largely relied on modelled estimates rather than source documents. As an active secondary trading venue and private company share settlement engine, Nasdaq Private Market operates differently, working directly with the legal documentation that underpins private company ownership. The unique access to high-quality source data forms the basis of our partnership. The agreement also reflects FactSet’s ongoing commitment to expanding our private markets capabilities and ensuring clients have access to comprehensive, high-quality data across both public and private markets, all within a single platform." - said Eric Weitzman, Senior Vice President, Senior Director of Data Partnerships at FactSet.
"Cap table data and in particular, share-class level information, is fundamental to how investment professionals evaluate private company investment opportunities and potential outcomes, and we are pleased to be working with FactSet to make this data more accessible to the market," - said James Brooks, Chief Strategy Officer at Nasdaq Private Market.
The partnership reflects FactSet’s continued investment in private markets data capabilities and commitment to provide a top-grade trusted financial intelligence for all firm types across public and private markets within a unified ecosystem.
About FactSet
FactSet (NYSE:FDS | NASDAQ:FDS) supercharges financial intelligence, offering enterprise data and information solutions that help our clients maximize their potential. Our cutting-edge digital platform seamlessly integrates proprietary financial data, client datasets, third-party sources, and flexible technology to deliver tailored solutions across the buyside, sell side, wealth management, private equity, and corporate sectors. With over 48 years of expertise, a presence in 20 countries, and extensive multi-asset class coverage, we leverage advanced data connectivity alongside AI and next-generation tools to streamline workflows, drive productivity, and enable smarter, faster decision-making. Serving more than 9,200 global clients and over 260,000 individual users, FactSet is a member of the S&P 500 dedicated to innovation and long-term client success.
Learn more at www.factset.com and follow us on X and LinkedIn.
About Nasdaq Private Market
Nasdaq Private Market is a leading provider of liquidity, capital, and investment solutions for private companies, employees, and investors. The company is focused on building modern infrastructure for the private market ecosystem, including technology for company-sponsored liquidity events, a settlement engine for private shares, a marketplace for buying and selling private company stock and funds, and data and intelligence on the private market. Nasdaq Private Market also helps connect private companies to capital through primary fundraising and capital introduction. For more information, visit nasdaqprivatemarket.com.
FactSet Investor Relations:
Kevin Toomey
+1.212.209.5259 [email protected]
Wall Street analysts forecast that Nasdaq (NDAQ - Free Report) will report quarterly earnings of $1.02 per share in its upcoming release, pointing to a year-over-year increase of 15.9%. It is anticipated that revenues will amount to $1.47 billion, exhibiting an increase of 11.7% compared to the year-ago quarter.
The consensus EPS estimate for the quarter has undergone a downward revision of 0.6% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.
Prior to a company's earnings release, it is of utmost importance to factor in any revisions made to the earnings projections. These revisions serve as a critical gauge for predicting potential investor behaviors with respect to the stock. Empirical studies consistently reveal a strong link between trends in earnings estimate revisions and the short-term price performance of a stock.
While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Nasdaq metrics that are routinely monitored and predicted by Wall Street analysts.
The average prediction of analysts places 'Net Revenues- Financial Technology' at $524.26 million. The estimate points to a change of +14.7% from the year-ago quarter.
Analysts forecast 'Net Revenues- Total Market Services, net' to reach $306.57 million. The estimate indicates a change of +1.2% from the prior-year quarter.
According to the collective judgment of analysts, 'Net Revenues- Capital Access Platforms' should come in at $633.22 million. The estimate indicates a change of +16% from the prior-year quarter.
The collective assessment of analysts points to an estimated 'Net Revenues- Financial Technology- Financial Crime Management Technology' of $103.28 million. The estimate points to a change of +23% from the year-ago quarter.
It is projected by analysts that the 'Net Revenues- Financial Technology- Regulatory Technology' will reach $122.17 million. The estimate indicates a year-over-year change of +12.1%.
Analysts' assessment points toward 'Net Revenues- Total Market Services, net- U.S. Equity Derivatives Trading' reaching $106.73 million. The estimate indicates a change of -13.9% from the prior-year quarter.
The consensus estimate for 'Net Revenues- Total Market Services, net- Cash Equity Trading (U.S. & European)' stands at $144.99 million. The estimate indicates a year-over-year change of +14.2%.
Analysts predict that the 'Cash Equity Trading - Total matched market share executed on Nasdaq?s exchanges' will reach 14.6%. Compared to the current estimate, the company reported 14.1% in the same quarter of the previous year.
Based on the collective assessment of analysts, 'Equity Derivative Trading and Clearing - Total matched market share executed on Nasdaq?s exchanges' should arrive at 28.1%. The estimate compares to the year-ago value of 28.5%.
The combined assessment of analysts suggests that 'Equity Derivative Trading and Clearing - Total industry average daily volume' will likely reach 62.52 million. The estimate is in contrast to the year-ago figure of 55.80 million.
The consensus among analysts is that 'Cash Equity Trading - Total industry average daily share volume' will reach 17.49 billion. Compared to the current estimate, the company reported 17.60 billion in the same quarter of the previous year.
Analysts expect 'Cash Equity Trading - Matched share volume' to come in at 163.43 billion. Compared to the current estimate, the company reported 158.60 billion in the same quarter of the previous year.
View all Key Company Metrics for Nasdaq here>>>
Shares of Nasdaq have experienced a change of +0.5% in the past month compared to the +1.5% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), NDAQ is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
NEW YORK, Oct. 16, 2026 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market® (Nasdaq: NDAQ) announced that trading will resume in CN Healthy Food Tech Group Corp. (Nasdaq: UCFI and UCFIW) at 9:00 a.m. Eastern Time on October 19, 2026. Trading in the company’s common stock and warrants was halted on October 1, 2025 at 11:28:10 Eastern Time.
For news and additional information about the company, please contact the company directly or check under the company’s symbol using InfoQuotesSM on the Nasdaq® Web site.
For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com.
NEW YORK, NY, Oct. 16, 2026 (GLOBE NEWSWIRE) -- Fabric.AI (Nasdaq: FABC) (“Fabric.AI” or the “Company”), an AI infrastructure company developing a suite of fabless semiconductor technologies for next-generation AI factories, today announced that James Altucher, Fabric.AI’s Senior Strategic Advisor, will join Michael Murray, Chief Executive Officer, President and Chairperson of its development partner Kopin Corporation (Nasdaq: KOPN), and AI expert Cortney Harding for a live YouTube “Ask Me Anything” panel. Hosted by Kopin and titled “The Trillion Dollar AI Bottleneck,” the event will stream live from Nasdaq MarketSite in New York City on October 20, 2026, at 11:00 a.m. EDT.
The event will explore the infrastructure challenges accompanying AI’s rapid expansion, including data center capacity, energy demands, data movement and networking constraints. Panelists will discuss optical interconnect technologies and other innovations that could help improve the efficiency and scalability of future AI systems. Investors, technology professionals and other interested viewers are invited to join the livestream and submit questions in real time.
The panel will feature:
James Altucher, Senior Strategic Advisor, Fabric.AICortney Harding, AI and Emerging Technology Expert and Founder, Friends with HologramsMichael Murray, Chief Executive Officer, President and Chairperson, Kopin Corporation “As AI systems grow, moving data efficiently between processors is becoming increasingly important to the performance and economics of the entire data center,” said James Altucher, Fabric.AI Senior Strategic Advisor. “This discussion will examine the infrastructure bottlenecks facing the industry and the technologies that could help address them. We look forward to answering questions and discussing what it will take to support the next phase of AI growth.”
Fabric.AI is jointly developing Neural I/o™ with Kopin Corporation (Nasdaq: KOPN). The MicroLED-based optical interconnect technology is designed to address data-movement bottlenecks in AI infrastructure through massively parallel optical channels.
Event Details
Event: The Trillion Dollar AI Bottleneck
Format: Live YouTube Ask Me Anything (AMA)
Date: October 20, 2026
Time: 11:00 a.m. EDT
Broadcast Location: Nasdaq MarketSite, Times Square, New York City
Livestream: Live From NYC: The Trillion Dollar AI Bottleneck
Viewers can access the event through the link above and submit questions during the live discussion.
About Fabric.AI
Fabric.AI (Nasdaq: FABC) is an AI infrastructure company developing a suite of fabless semiconductor technologies for next-generation AI factories, including its Neural I/o™ MicroLED-based optical interconnect platform.
About Kopin Corporation
Kopin Corporation (Nasdaq: KOPN) is a leading developer and provider of innovative display and application-specific optical solutions for defense, AI infrastructure, enterprise, professional and consumer products. Kopin’s portfolio includes microdisplays, display modules, eyepieces and projection assemblies, and vehicle- and head-mounted display systems built on Kopin’s liquid crystal, MicroLED and OLED display technologies, along with a range of optics and low-power custom silicon. Building on its patented bi-directional NeuralDisplay™ architecture, Kopin is also developing Neural I/o optical interconnects that use programmable MicroLED pixels as ultra-high-speed, low-power optical transceivers for AI data centers. For more information, please visit Kopin’s website at www.kopin.com.
Follow Kopin on LinkedIn, X and Facebook.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the federal securities laws, including statements regarding the expected timing, demonstration and capabilities of the Neural I/o™ platform. These statements are based on current expectations and are subject to risks and uncertainties — including development, integration and manufacturing risks — that could cause actual results to differ materially. A discussion of these and other factors with respect to the Company is set forth in the Company’s most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q and Current Reports on Form 8-K filed with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made, and the Company disclaims any intention or obligation to revise any forward-looking statements, whether as a result of new information, future events or otherwise.
The market expects Nasdaq (NDAQ - Free Report) to deliver a year-over-year increase in earnings on higher revenues when it reports results for the quarter ended September 2026. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.
The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released on October 22. On the other hand, if they miss, the stock may move lower.
While management's discussion of business conditions on the earnings call will mostly determine the sustainability of the immediate price change and future earnings expectations, it's worth having a handicapping insight into the odds of a positive EPS surprise.
Zacks Consensus EstimateThis exchange operator is expected to post quarterly earnings of $1.02 per share in its upcoming report, which represents a year-over-year change of +15.9%.
Revenues are expected to be $1.47 billion, up 11.7% from the year-ago quarter.
Estimate Revisions TrendThe consensus EPS estimate for the quarter has been revised 0.6% lower over the last 30 days to the current level. This is essentially a reflection of how the covering analysts have collectively reassessed their initial estimates over this period.
Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change.
Price, Consensus and EPS Surprise
Earnings WhisperEstimate revisions ahead of a company's earnings release offer clues to the business conditions for the period whose results are coming out. Our proprietary surprise prediction model -- the Zacks Earnings ESP (Expected Surprise Prediction) -- has this insight at its core.
The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a more recent version of the Zacks Consensus EPS estimate. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.
Thus, a positive or negative Earnings ESP reading theoretically indicates the likely deviation of the actual earnings from the consensus estimate. However, the model's predictive power is significant for positive ESP readings only.
A positive Earnings ESP is a strong predictor of an earnings beat, particularly when combined with a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold). Our research shows that stocks with this combination produce a positive surprise nearly 70% of the time, and a solid Zacks Rank actually increases the predictive power of Earnings ESP.
Please note that a negative Earnings ESP reading is not indicative of an earnings miss. Our research shows that it is difficult to predict an earnings beat with any degree of confidence for stocks with negative Earnings ESP readings and/or Zacks Rank of 4 (Sell) or 5 (Strong Sell).
How Have the Numbers Shaped Up for Nasdaq?For Nasdaq, the Most Accurate Estimate is higher than the Zacks Consensus Estimate, suggesting that analysts have recently become bullish on the company's earnings prospects. This has resulted in an Earnings ESP of +0.98%.
On the other hand, the stock currently carries a Zacks Rank of #3.
So, this combination indicates that Nasdaq will most likely beat the consensus EPS estimate.
Does Earnings Surprise History Hold Any Clue?Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number.
For the last reported quarter, it was expected that Nasdaq would post earnings of $0.98 per share when it actually produced earnings of $1.07, delivering a surprise of +9.18%.
Over the last four quarters, the company has beaten consensus EPS estimates four times.
Bottom LineAn earnings beat or miss may not be the sole basis for a stock moving higher or lower. Many stocks end up losing ground despite an earnings beat due to other factors that disappoint investors. Similarly, unforeseen catalysts help a number of stocks gain despite an earnings miss.
That said, betting on stocks that are expected to beat earnings expectations does increase the odds of success. This is why it's worth checking a company's Earnings ESP and Zacks Rank ahead of its quarterly release. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.
Nasdaq appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release.
Expected Results of an Industry PlayerAnother stock from the Zacks Securities and Exchanges industry, CME Group (CME - Free Report) , is soon expected to post earnings of $2.98 per share for the quarter ended September 2026. This estimate indicates a year-over-year change of +11.2%. Revenues for the quarter are expected to be $1.71 billion, up 11.4% from the year-ago quarter.
Over the last 30 days, the consensus EPS estimate for CME has been revised 0.5% up to the current level. Nevertheless, the company now has an Earnings ESP of +0.68%, reflecting a higher Most Accurate Estimate.
When combined with a Zacks Rank of #3 (Hold), this Earnings ESP indicates that CME will most likely beat the consensus EPS estimate. Over the last four quarters, the company surpassed consensus EPS estimates three times.
Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.
Transaction adds one of the largest U.S. Alternative Trading Systems to Nasdaq's marketplace, enhancing the company’s ability to connect investors to liquidity across an increasingly continuous and global trading environment | Source: Nasdaq, Inc.
NEW YORK, Oct. 15, 2026 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced the completion of its acquisition of LeveL Markets, LLC, a leading off-exchange equity execution venue and operator of one of the largest Alternative Trading Systems (ATSs) in the United States. This acquisition marks a key milestone in Nasdaq's strategy to advance always-on markets infrastructure, as investors increasingly expect seamless access to market services across venues and asset classes.
LeveL Markets provides institutional investors with a scaled, deeply connected execution platform that processes hundreds of millions of shares each day across more than 7,000 symbols. The venue reaches more than 2,500 clients through more than 15 order and execution management system integrations, and its average daily volume grew 56 percent year-over-year in 2025 — making it the third-largest ATS in the United States by trading volume.
"We are pleased to welcome LeveL Markets' clients to Nasdaq and look forward to supporting a seamless transition," said Roland Chai, Head of Nasdaq's Digital Liquidity Networks. "LeveL Markets advances our vision for more connected, always-on markets by adding a scaled off-exchange liquidity platform and execution expertise to Nasdaq’s technology, market capabilities, and client relationships. We will continue to develop LeveL Markets’ strong platform and client communities to drive long-term growth and innovation.”
LeveL Markets will continue to operate as a registered ATS subject to FINRA oversight, with its own dedicated management team under Nasdaq’s Digital Liquidity Networks organization. Nasdaq intends to operate LeveL Markets with the strong execution quality clients expect, while investing in LeveL Markets' technology and capabilities to accelerate long-term growth.
Nasdaq first acquired a minority stake in LeveL Markets in August 2021, as part of a broader always-on strategy, to establish a presence in off-exchange equities and to build an overall capability in alternative market structures.
Cautionary Note Regarding Forward-Looking Statements
This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 relating to Nasdaq’s plans, objectives, expectations, and intentions following its completed acquisition of LeveL Markets, including statements concerning integration, client service, technology investment, business opportunities, market development, and potential future products or services. Words such as “will,” “may,” “could,” “expects,” “intends,” “plans,” “believes,” “seeks,” and similar expressions may identify forward-looking statements. These statements are based on management’s current expectations and assumptions and are not guarantees of future performance, and involve risks, uncertainties, and assumptions that could cause actual results to differ materially, including the ability to integrate the businesses and realize anticipated benefits; maintain client, employee, and other business relationships; manage technology, cybersecurity, data-protection, system-resiliency, and operational risks; comply with applicable laws and regulations, including SEC and FINRA requirements; obtain any approvals required for future initiatives; and respond to market, competitive, economic, and regulatory developments. Forward-looking statements speak only as of the date of this communication, and undue reliance should not be placed on them. Nasdaq undertakes no obligation to update them except as required by law. References to potential products, services, markets, or capabilities do not indicate current availability or regulatory approval, and no assurance can be given that any such initiative will be developed or launched.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading technology platform that powers the world’s economies. We architect the infrastructure of the world’s most modern markets, power the innovation economy, and build trust in the financial system. We empower economic opportunity by designing and deploying advanced technology, data, and intelligence solutions that enable our clients to capture opportunities, navigate risk, and strengthen resilience. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.
Patria Podcasts · NASDAQ může spadnout až k 29 tisícům bodů. Kam se schovat?" target="_blank" style="color: #cccccc; text-decoration: none;">Traders Talk: NASDAQ může spadnout až k 29 tisícům bodů. Kam se schovat?
Obsah:
00:23 Dopad vyšší inflace na trhy
01:44 Propad CoreWeave
03:14 Technická analýza na Nasdaq
05:41 Začátek výsledkové sezóny
06:50 Jaké akcie sledovat
08:07 Přehřátý Nasdaq
Americké technologické akcie se dostaly pod tlak a podle Matěje Vlčka nemusí být současný pokles u konce. Jedním z hlavních impulzů byla inflační data, která investory zklamala a změnila očekávání ohledně dalšího vývoje úrokových sazeb. Trh, který se předtím pohyboval poblíž historických maxim po několika letech růstu, je podle makléře na podobná překvapení obzvlášť citlivý.
Trh podle něj začal počítat s jedním zvýšením sazeb o 25 bazických bodů ještě letos a s dalším zvýšením v březnu 2027. To představuje nepříjemnou změnu zejména pro společnosti, jejichž ocenění stojí na očekávání budoucího růstu a které potřebují velké množství kapitálu. Zvlášť zranitelné jsou tedy podniky, které rychle rozšiřují infrastrukturu a financují své investice dluhem. Příkladem je společnost CoreWeave, jejíž akcie podle rozhovoru prudce oslabily poté, co firma začala usilovat o investiční rating, který by jí umožnil širší přístup k financování.
Podle Vlčka se tento tlak netýká pouze CoreWeave, ale také dalších titulů spojených s umělou inteligencí, například Micronu, SanDisku nebo Nebiusu. Jejich podnikání vyžaduje kapitál a dražší financování může zhoršovat očekávání investorů i jejich ochotu platit za budoucí růst vysoké násobky.
NASDAQ podle Vlčka ještě nenašel dno
Technický obrázek amerického technologického indexu se podle Vlčka zhoršil poté, co NASDAQ vystoupal na nová maxima a následně se otočil směrem dolů. Makléř tento pohyb popisuje jako falešný průraz. Za důležitou nejbližší úroveň považuje oblast, kde se v posledním obchodním rozpětí zobchodoval největší objem akcií. Tato úroveň může fungovat jako první podpora, její význam ale bude záviset na reakci trhu.
Pokud se index na první podpoře výrazněji neodrazí, může podle něj pokračovat níže. Pro NASDAQ proto očekává možnost další korekce v rozsahu tří až pěti procent. Jako další sledovanou úroveň uvádí přibližně 29 tisíc bodů.
To však automaticky neznamená, že by se dlouhodobý růstový trend musel definitivně obrátit. Vlček připomíná, že i po několikatýdenním poklesu může být trh na konci roku výše. Krátkodobý výhled je ale podle něj nyní méně příznivý a návrat na nová maxima v nejbližších týdnech nepovažuje za hlavní scénář.
Hotovost jako příprava na levnější nákupy
Vlček v poslední době navyšoval hotovostní pozici, aby měl prostředky k dispozici ve chvíli, kdy se na trhu objeví atraktivnější ceny. Nejde podle něj o přesvědčení, že dlouhodobý růst akcií skončil, ale o snahu reagovat na krátkodobě zhoršenou situaci.
Makléř zároveň upozorňuje, že jeho aktivní přístup nemusí být vhodný pro každého investora. Sám trh obchoduje výrazně aktivně a jeho vyšší hotovostní pozice proto nemusí být vzorem pro ty, kteří investují dlouhodobě a chtějí své akcie držet bez ohledu na krátkodobé výkyvy.
Google, Broadcom a spekulativní SoFi
Mezi tituly, které chce Vlček po uklidnění situace sledovat, patří především Google. Podle něj se na společnost v poslední době částečně zapomnělo, protože její akcie delší dobu obchodovaly spíše do strany. Druhým sledovaným titulem je Broadcom, ale u něj očekává, že jeho akcie mohou ještě zamířit níže. Třetí společností je fintechová SoFi. Zde už však makléř výslovně upozorňuje na spekulativnější charakter investice.
Výsledková sezóna zatím důvěru nevrací
Dalším faktorem, který může ovlivnit sentiment na trhu, je výsledková sezóna. První reakce na výsledky bank byly podle Vlčka smíšené a slabší, než očekával. V kombinaci s nepříznivými inflačními daty mu zatím neposkytují důvod k přesvědčení, že korekce skončila.
Pro další vývoj NASDAQu tak podle Vlčka nebude rozhodující pouze to, kam index klesne, ale především to, jak se na jednotlivých cenových úrovních zachová. Pokud první podpora selže bez výraznější reakce kupujících, může se pokles prodloužit. Pokud se naopak objeví dostatečná poptávka, může se trh stabilizovat dříve, než dosáhne další sledované úrovně. Nejdříve chce vidět, že se index začne chovat příznivě, a teprve potom vybírat jednotlivé akcie.
As a result of the appeal, there is no immediate impact on the listing of RedCloud ordinary shares, which continue to trade in the normal manner on the Nasdaq Capital Market under the symbol “RCT” | Source: RedCloud Holdings plc
LONDON, Oct. 14, 2026 (GLOBE NEWSWIRE) -- RedCloud Holdings plc (Nasdaq: RCT) (“RedCloud” or the “Company”), which is building the AI prediction infrastructure for global FMCG trade, today announced that on October 13, 2026, it received a Staff Delisting Determination (the “Staff Determination”) from the Listing Qualifications Department of The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that Nasdaq has initiated the process of delisting the Company’s ordinary shares from the Nasdaq Capital Market as a result of the Company’s non-compliance with Nasdaq Listing Rule 5550(a)(2) (the “Minimum Bid Price Rule”), which requires primary securities listed on the Nasdaq Capital Market to maintain a minimum bid price of at least $1.00 per share. Nasdaq Listing Rule 5810(c)(3)(A) provides that a failure to meet the minimum bid price requirement exists if a deficiency under the Minimum Bid Price Rule continues for a period of consecutive 30 business days. The Company is not eligible for a second 180-day compliance period because it lacks the stockholders’ equity required to meet the initial listing standards.
The Company has appealed the Staff Determination by filing a request for an oral hearing before the Nasdaq Hearings Panel (the “Hearings Panel”). This request has stayed the suspension of trading or delisting of the Company’s securities pending the hearing and the Hearing Panel’s decision. In the meantime, the Company’s securities will continue to trade in the normal manner on the Nasdaq Capital Market under the symbol “RCT”.
The Company will submit to the Hearings Panel a written plan of compliance, including a commitment to effect a reverse stock split. As previously announced on October 6, 2026, the Company’s Board of Directors has convened a General Meeting scheduled for October 30, 2026 (the “General Meeting”). At the General Meeting, the Company will seek shareholder approval to effect a share consolidation. If approved by shareholders, the share consolidation is expected to be effective on or about November 13, 2026. Depending on the timing of the hearing before the Hearings Panel, the share consolidation may already be effective.
About RedCloud
RedCloud Holdings plc (Nasdaq: RCT) builds AI infrastructure for the prediction of FMCG trade. More than $8.4 billion of FMCG transactions have passed through its infrastructure between early 2023 and June 2026, across more than 100,000 customers and 6,700 brands. RedCloud uses this proprietary transaction data to develop RAID (Real-time AI for Distribution), its prediction model for distribution, and deploys its infrastructure and associated products (“RedAI”) either directly or through joint ventures with partners who fund and operate local markets.
RedCloud is a British company registered in London. Justin Floyd is its Founder and Chief Executive Officer. For more information, please visit www.redcloudtechnology.com and connect on LinkedIn.
Forward-Looking Statements
The information in this press release may include forward-looking statements within the meaning of the federal securities laws. These statements include, without limitation, statements regarding the expected general meeting of shareholders. Words such as “expect,” “project,” “estimate,” “believe,” “anticipate,” “intend,” “plan,” “seek,” “forecast,” “target,” “predict,” “may,” “should,” “would,” “could,” and “will,” the negative of these terms and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on management’s current expectations and assumptions, and are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict, including, but not limited to, the granting of the Company’s request a hearing before the Hearings Panel and, the outcome of the General Meeting. As a result, actual results could differ materially from those indicated in these forward-looking statements. When considering these forward-looking statements, you should keep in mind the risk factors and other cautionary statements described in “Cautionary Note Regarding Forward-Looking Statements,” “Item 3. Key Information – D. Risk Factors” and “Item 5. Operating and Financial Review and Prospects” in RedCloud’s most recent Annual Report on Form 20-F filed with the Securities and Exchange Commission, as well as the Company’s periodic reports and other filings with the Securities and Exchange Commission. RedCloud undertakes no obligation to update or revise these forward-looking statements except as required by law.
Tokenization could free up tens of billions of dollars in capital tied up in assets used as collateral across the global financial system, Nasdaq CEO Adena Friedman said.
Tokenizing assets such as Treasurys, equities and money market funds, along with the flow of money, could make collateral more liquid, Friedman told CNBC's Joanna Ossinger, managing editor and head of APAC Digital News, at the TOKEN2049 conference in Singapore.
"If you tokenize all those instruments along with the flow of money, then the collateral becomes very fluid," Friedman said.
Tokenization involves representing financial assets, such as stocks and bonds, as digital tokens that can be transferred using blockchain technology.
Friedman said institutional interest in tokenization has grown over the past year, pointing in part to the passage of the Genius Act in the U.S., which established a regulatory framework for stablecoins.
"If we can tokenize money, then we can tokenize the flow of capital," she said.
That growing institutional interest is converging with demand from retail investors, who have long sought the ability to trade around the clock, according to Friedman. The retail ecosystem "has been about 10 years ahead," she said.
The push toward 24/7 tradingMoving to a fully 24/7 market would be a major undertaking for the financial industry, Friedman said.
"The easiest part is the exchange infrastructure," she said.
Friedman said that financial institutions have traditionally had periods when markets are closed to update systems and manage risk. But operating around the clock would require those processes, including risk and collateral management, to take place continuously.
"Everything has to be real time all the time," she said.
Artificial intelligence could help financial institutions manage that transition. Nasdaq has launched a series of digital agents within its risk management platform that initially provide recommendations, Friedman said.
Over time, banks could use those agents to take more direct action, she added.
"AI is critical for 24/7," Friedman said.
Bridging crypto and traditional financeCompanies outside the U.S. are showing interest in tokenization and access to American capital markets, Arjun Sethi, co-CEO of cryptocurrency exchange Kraken, told CNBC.
Sethi pointed to a company generating roughly $25 million in revenue that was exploring ways to access capital markets, as well as larger international companies interested in tokenization and U.S. public listings.
He said tokenization could help expand access to capital markets for companies around the world.
However, round-the-clock trading may not be suitable for everything, according to Friedman.
"Not every asset is liquid enough to support a 24/7 environment," she said.
Still, greater connectivity across the global financial system could also open up access to asset classes that were previously out of reach for some investors, Friedman said.
Key Takeaways Nasdaq hits a record as AI stocks rally despite elevated Treasury yields.Strong AI demand lifts mega-cap tech and semiconductor stocks.QQQ, QQQM, SMH and SOXX could benefit from continued AI momentum. The Nasdaq Composite extended its record-setting run as investors continued to favor technology and artificial intelligence (AI) stocks despite elevated U.S. Treasury yields and lingering inflation concerns.
The index rose 1.05% on Oct. 5 and grew further on Oct. 6, when the Nasdaq Composite inched up another 0.45% to close at a record of 27,599.79.
The index has risen 18.5% year to date, highlighting the continued strength of the growth and technology stocks. The latest gains have been particularly notable because they came against a backdrop of elevated Treasury yields, with the 10-year Treasury yield at 5.34%.
AI Stocks Drive the Momentum The latest Nasdaq rally has been closely tied to the continued enthusiasm surrounding AI. Large technology companies with significant exposure to AI infrastructure, cloud computing and data centers have been the key contributors to the index's advance.
On Oct. 5, Tesla (TSLA - Free Report) climbed about 2% and SpaceX (SPCX - Free Report) gained roughly 7%, with Meta Platforms (META - Free Report) and Microsoft (MSFT - Free Report) showing progress as well.
Momentum in AI-related stocks continued on Oct. 6, with Marvell Technology (MRVL - Free Report) gaining 5.8%, Advanced Micro Devices (AMD - Free Report) advancing nearly 3% and Broadcom (AVGO - Free Report) rising 3.7%. Meanwhile, Nvidia's (NVDA - Free Report) market capitalization reached $6 trillion, underscoring the enormous investor interest in AI-focused companies.
This strength is important for technology-focused ETFs because many of these funds have substantial exposure to the same mega-cap technology and semiconductor companies driving the Nasdaq's gains.
Why Is Nasdaq Rising Despite High Treasury Yields?Usually, higher Treasury yields can pressure growth and technology stocks because the present value of their future earnings becomes less attractive as discount rates rise. Yet the current market has shown unusual resilience.
This is due to the strength of the massive AI rally. Investors appear willing to look beyond elevated borrowing costs because companies involved in AI infrastructure continue to benefit from strong demand for computing power, data centers, semiconductors and cloud services.
The latest market action, therefore, suggests that investors are placing greater emphasis on earnings growth and AI-related capital spending than on the negative valuation impacts of higher interest rates.
Oil Prices Ease Pressure on StocksOil prices have provided some additional relief to equity investors. Brent crude settled at $100.32 a barrel on Oct. 5, whereas West Texas Intermediate was at $89.43.
Lower crude prices can help ease concerns about another inflationary shock, particularly as investors remain focused on the impacts of Middle East tensions on energy supplies.
Though prices have risen again recently, their continued volatility means another pullback would not be unusual. Such a move could provide further support to the technology sector’s rally.
For technology stocks, any stabilization in energy prices could be particularly important because it may reduce pressure on inflation expectations and, in turn, on Treasury yields and Fed policy.
ETFs in FocusAlthough the Nasdaq pulled back yesterday, further strength in the index and technology stocks could make increasing exposure to the sector a worthwhile move.
Any further weakness could present an attractive entry point, as markets remain focused on the long-term growth potential of AI and the broader technology sector.
ETFs mentioned below could benefit if the AI-led rally regains momentum and broadens across technology and semiconductor stocks.
Invesco QQQ Trust Series I ETF (QQQ - Free Report) is designed to track the Nasdaq-100 Index. Its portfolio is heavily tilted toward technology and growth-oriented companies, making it particularly sensitive to trends in AI, semiconductors, cloud computing and digital services.
QQQ warrants close attention, given its significant exposure to key Nasdaq and AI-related stocks, including Nvidia (8.51%), Microsoft (5.80%), AMD (4.32%), Meta Platforms (3.24%), SpaceX (3%), Tesla (2.95%) and Broadcom (2.64%), making the ETF well-positioned to benefit from the Nasdaq’s ongoing rally.
QQQ has assets under management worth 506.1 billion and an expense ratio of 0.18%. The fund trades at a three-month average volume of 35.12 million shares. QQQ presently carries a Zacks ETF Rank #2 (Buy).
Invesco Nasdaq 100 ETF (QQQM - Free Report) tracks the Nasdaq-100 Index and, hence, is heavily exposed to the same large-cap technology and growth companies.
QQQ warrants close attention, given its significant exposure to key Nasdaq and AI-related stocks, including Nvidia (8.51%), Microsoft (5.80%), AMD (4.32%), Meta Platforms (3.24%), SpaceX (3.01%), Tesla (2.95%) and Broadcom (2.64%), making the ETF well-positioned to benefit from the Nasdaq’s ongoing rally.
QQQM has assets under management worth $112.88 billion and an expense ratio of 0.15%. The fund trades an average three-month volume of almost 3 million shares. QQQM presently sports a Zacks ETF Rank #1 (Strong Buy).
VanEck Semiconductor ETF (SMH - Free Report) is a U.S.-listed ETF that gives investors concentrated exposure to the semiconductor industry.
SMH warrants close attention, given its significant exposure to key Nasdaq and AI-related stocks, including Nvidia (19.52%), AMD (5.68%), Broadcom (5.35%) and MRVL (4.67%), making the ETF well-positioned to benefit from the tech stock surge.
SMH has assets under management worth $78.04 billion and an expense ratio of 0.35%. The fund trades at a three-month average volume of 8.55 million shares. SMH presently sports a Zacks ETF Rank #1.
iShares Semiconductor ETF (SOXX - Free Report) is a semiconductor-focused ETF that provides exposure to companies across the semiconductor value chain, including chipmakers and semiconductor-equipment manufacturers.
SOXX warrants close attention, given its significant exposure to key Nasdaq and AI-related stocks, including AMD (9.55%), Nvidia (7.48%), AVGO (7.07%) and MRVL (4.68%), making the ETF well-positioned to benefit from the tech stock surge.
SOXX has assets under management worth $48.60 billion and an expense ratio of 0.33%. The fund trades at a three-month average volume of 8.17 million shares. SOXX presently sports a Zacks ETF Rank #1.
Company remains focused on its transition toward commercial revenue generation and the advancement of its U.S. clinical programs | Source: Nexalin Technology, Inc.
HOUSTON, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Nexalin Technology, Inc. (Nasdaq: NXL) (the “Company” or “Nexalin”), the leader in non-invasive Deep Intracranial Frequency Stimulation (DIFS™) of the brain, today announced that it has received written confirmation from The Nasdaq Stock Market LLC (“Nasdaq”) that the Company has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2). Nasdaq confirmed that the closing bid price of the Company’s common stock was above the $1.00 per share minimum for 21 consecutive trading days, from August 31 through September 29, 2026, following the Company’s previously announced reverse stock split.
The confirmation, dated September 30, 2026, follows a decision by the Nasdaq Hearings Panel (the “Panel”), dated September 25, 2026, granting the Company’s request for continued listing on Nasdaq. Under the terms of the Panel’s decision, the Company was required to demonstrate compliance with the bid price requirement, which it has now satisfied, and must demonstrate compliance with the minimum $2.5 million stockholders’ equity requirement under Nasdaq Listing Rule 5550(b)(1) on or before January 4, 2027.
“We appreciate the Panel’s decision and are pleased to have satisfied the bid price requirement,” said Mark White, Chief Executive Officer of Nexalin. “Our primary focus remains on the growing momentum across our business. We recently announced a distribution agreement covering Brazil and six additional South American markets, an important step in our transition toward commercial revenue generation, and we continue to advance our U.S. clinical programs, including our pivotal HALO™ Clarity clinical trial in insomnia, as we pursue FDA marketing authorization of our DIFS™ technology in the United States.”
The Company’s continued listing on Nasdaq remains subject to the terms of the Panel’s decision, including the requirement to demonstrate compliance with the stockholders’ equity requirement on or before January 4, 2027 and to promptly notify the Panel of any significant events during the exception period that may affect the Company’s compliance with Nasdaq’s listing requirements. The Panel has reserved the right to reconsider the terms of the exception. There can be no assurance that the Company will be able to demonstrate compliance with the stockholders’ equity requirement within the required timeframe, or that it will be able to maintain compliance with Nasdaq’s other continued listing requirements.
About Nexalin Technology, Inc.
Nexalin designs and develops innovative neurostimulation products to uniquely help combat the ongoing global mental health epidemic. Nexalin’s medical devices are non-invasive and undetectable to the human body. Nexalin products are developed to provide relief to those afflicted with mental health issues using frequency based bioelectronic medical technology. Nexalin believes its neurostimulation medical devices can penetrate structures deep in the mid-brain that are associated with mental health disorders. Nexalin believes the deeper-penetrating waveform in its next-generation devices will generate enhanced patient response without any adverse side effects. The Nexalin Gen-2 15 milliamp neurostimulation device has been approved in China, Brazil, Oman and Israel. Additional information about the Company is available at: https://nexalin.com/.
FORWARD-LOOKING STATEMENTS
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 (the “PSLRA”). These forward-looking statements relate to future events, future performance, or management’s current expectations, beliefs, assumptions, plans, estimates, intentions, or projections relating to the future, and are not guarantees of future performance. Any statements that are not statements of historical fact, or that refer to expectations, projections, or other characterizations of future events or circumstances (including, without limitation, statements containing the words “believes,” “expects,” “anticipates,” “plans,” “intends,” “will,” “may,” “could,” “should,” “would,” “designed to,” “positioned to,” “potential,” “targeted,” “seeking,” “continues,” “strategy,” “opportunity,” “estimates,” “projects,” “forecasts,” “predicts,” “outlook,” “guidance,” or similar expressions, or the negative of such terms), are forward-looking statements.
Forward-looking statements in this press release include, but are not limited to, statements regarding: the Company’s ability to demonstrate compliance with the minimum stockholders’ equity requirement on or before January 4, 2027; the Company’s ability to maintain compliance with the minimum bid price requirement and Nasdaq’s other continued listing requirements; the Company’s ability to maintain the listing of its common stock on Nasdaq; the Company’s planned initiatives to strengthen its balance sheet; the Company’s transition toward commercial revenue generation; the execution and anticipated benefits of its South American distribution agreement; the advancement of its U.S. clinical programs, including its pivotal HALO™ Clarity clinical trial in insomnia; the Company’s pursuit of FDA marketing authorization; and the Company’s beliefs regarding the ability of its devices to penetrate deep brain structures and the anticipated patient response and safety profile of its next-generation devices. These statements are based on Nexalin’s current expectations and assumptions as of the date hereof and are subject to significant risks, uncertainties, and other factors, many of which are beyond the Company’s control, that could cause actual results to differ materially from those expressed or implied.
Such risks include, but are not limited to: the Company’s ability to complete the financing or other transactions necessary to satisfy the minimum stockholders’ equity requirement, on acceptable terms or at all; the discretion of the Panel to reconsider, modify, or terminate the terms of the exception; the trading price of the Company’s common stock and general market conditions; the ability of the distributor under the Company’s South American distribution agreement (the “Distributor”) to meet its purchase, payment, and other contractual obligations; the Company’s or the Distributor’s ability to obtain and maintain regulatory approvals required to market the Company’s products in South American markets other than Brazil; market acceptance of the Company’s products and the timing and realization of commercial revenue; delays in clinical trial enrollment or completion, unfavorable clinical results, and the Company’s ability to obtain necessary regulatory approvals, including FDA marketing authorization; the risk that the Company’s devices, including its next-generation devices, may not demonstrate the anticipated efficacy or may be associated with adverse events; the Company’s ability to secure adequate funding on acceptable terms; and the risk that the Company’s common stock could be delisted from Nasdaq if the Company fails to satisfy the terms of the Panel’s decision. Additional risks and uncertainties are described under the heading “Risk Factors” in the Company’s most recent Annual Report on Form 10-K for the year ended December 31, 2025, and in the Company’s subsequent Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings the Company makes from time to time with the U.S. Securities and Exchange Commission (the “SEC”), available free of charge at www.sec.gov. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to update any forward-looking statement, except as required by law.
NEW YORK, Oct. 07, 2026 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today reported monthly volumes for September 2026, as well as quarterly volumes, estimated revenue capture, number of listings, and index statistics for the quarter ended September 30, 2026, on its Investor Relations website.
A data sheet showing this information can be found at: http://ir.nasdaq.com/financials/volume-statistics.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading technology platform that powers the world’s economies. We architect the infrastructure of the world’s most modern markets, power the innovation economy, and build trust in the financial system. We empower economic opportunity by designing and deploying advanced technology, data, and intelligence solutions that enable our clients to capture opportunities, navigate risk, and strengthen resilience. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.
Media Relations Contact:
David Lurie
+1.914.538.0533 [email protected]
Investor Relations Contact:
Ato Garrett
+1.212.401.8737 [email protected]
Amendment removes holder's optional redemption right on Series C Preferred Stock and supports the Company's plan to regain compliance with Nasdaq's listing requirements | Source: NextNRG, Inc.
MIAMI, FL, Oct. 07, 2026 (GLOBE NEWSWIRE) -- NextNRG, Inc. (Nasdaq: NXXT) ("NextNRG" or the "Company"), a pioneer in AI-driven energy innovation transforming how energy is produced, managed, and delivered, today announced an amendment to its Series C Convertible Non-Voting Preferred Stock that removes the holder's optional redemption right. As a result, the Company expects to reclassify approximately $9.0 million of Series C Preferred Stock issued at the initial closing to stockholders' equity, which the Company believes will support its plan to regain compliance with Nasdaq's listing requirements.
Series C Amendment and Expected Equity Reclassification
On September 30, 2026, the Company and the institutional investor in its Series C Preferred Stock financing amended the Securities Purchase Agreement originally entered into on August 13, 2026, and agreed to amend the terms of the Series C Preferred Stock as set forth in an amended Certificate of Designation. Under the original agreement, the Company agreed to issue and sell up to 3,000,000 shares of Series C Preferred Stock for an aggregate purchase price of $27.2 million. At the initial closing on August 13, 2026, the Company issued and sold 1,000,000 shares, with an aggregate stated value of $10.0 million, for $9.2 million.
Upon the effectiveness of the amended Certificate of Designation, the holder's right to require the Company to redeem the Series C Preferred Stock beginning on the second anniversary of issuance will be removed; the Series C Preferred Stock will remain subject to redemption upon certain specified events. As a result, the Company expects to reclassify approximately $9.0 million, representing the carrying value of the Series C Preferred Stock issued at the initial closing to stockholders' equity, which the Company expects would increase stockholders’ equity by approximately the same amount. The final amount and accounting treatment remain subject to the completion of the Company's accounting analysis and review by its independent registered public accounting firm.
The amendment also revises certain other terms of the Series C Preferred Stock and the related financing, including the conditions for additional closings, requires the Company to obtain updated stockholder approval for the transaction, as amended, and conforms the terms to the Company's anticipated redomestication to Nevada and its recent 1-for-10 reverse stock split.
Nasdaq Compliance Plan
As previously disclosed, on September 18, 2026, the Company received a determination letter from the Listing Qualifications Staff of Nasdaq. The Company timely requested a hearing before the Nasdaq Hearings Panel, which stayed any further delisting action pending the conclusion of the hearing process. The Company intends to present its plan to regain compliance, including the expected reclassification described above, to the Panel. NextNRG's common stock continues to trade on the Nasdaq Capital Market under the symbol "NXXT."
"We expect this amendment to strengthen our equity position as we present our compliance plan to the Nasdaq Hearings Panel," said Michael D. Farkas, Founder and Chief Executive Officer of NextNRG. "It also allows us to stay focused on what drives long-term value for our stockholders: deploying our AI-driven Smart Controller across microgrids and growing our energy services business."
A complete description of the amendment, including the amended Certificate of Designation, is included in the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on October 6, 2026, available at www.sec.gov and investors.nextnrg.com.
About NextNRG, Inc.
NextNRG, Inc. (NextNRG) is Powering What’s Next by deploying its AI-driven Smart Controller, a proprietary AI technology that continuously optimizes how energy is generated, stored, and consumed. The Company deploys the controller within microgrids at commercial, healthcare, municipal, industrial and federal sites, and at a utility scale through the Next Utility Operating System®.
NextNRG also sells EV chargers, is advancing wireless in-motion charging, and operates one of the nation’s largest on-demand mobile fueling fleets through EzFill.
To learn more, visit www.nextnrg.com.
Forward-Looking Statements
This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG’s goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as “expect,” “intends,” “will,” and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, the outcome of the Nasdaq hearing and the Company’s ability to regain and maintain compliance with Nasdaq’s continued listing requirements; the effectiveness of the amended Certificate of Designation and the Company’s redomestication to Nevada; the final accounting treatment of the Series C Preferred Stock, including the completion of the Company’s accounting analysis and review by the Company’s independent registered public accounting firm; and risks related to NextNRG’s business and macroeconomic and geopolitical events. These and other risks are described in NextNRG’s filings with the Securities and Exchange Commission from time to time.
NextNRG’s forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by NextNRG. Although NextNRG’s forward-looking statements reflect the good faith judgment of NextNRG, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update these forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements.
Investor Relations Contact
NextNRG, Inc.
Sharon Cohen [email protected]
SALT LAKE CITY, Oct. 07, 2026 (GLOBE NEWSWIRE) -- FireFly Robotics, Inc. ("FireFly Robotics" or the "Company") today announced it has publicly filed a registration statement on Form S-1 (the "Registration Statement") with the U.S. Securities and Exchange Commission (the "SEC") relating to a proposed public direct listing of its common stock. FireFly Robotics has applied to list its common stock on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “FFLY”.
The proposed direct listing is expected to occur after the SEC completes its review of the Registration Statement and the Registration Statement is declared effective and Nasdaq approves the listing, subject to market and other conditions. The Registration Statement may be accessed through the SEC's website at www.sec.gov. The Company is not selling any shares and will not receive any proceeds in the direct listing.
Chardan is serving as financial advisor to the Company in connection with the proposed direct listing.
A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This announcement does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About FireFly Robotics
FireFly Robotics, Inc. designs and manufactures autonomous, all-electric robotic systems for the world's most demanding turf and grounds environments. Founded in 2010 and headquartered in Salt Lake City, Utah, the Company has spent more than 15 years advancing from operator-assisted electric harvesting equipment to a portfolio of machines capable of perceiving, deciding and acting with minimal human oversight. Its Autonomous Mowing Platform (AMP) leverages artificial intelligence (AI) and machine learning (ML) to enable golf courses, sports fields, municipalities, and premium turf growers to raise quality outcomes while addressing persistent labor constraints. The Company changed its name from FireFly Automatix, Inc. to FireFly Robotics, Inc. in June 2026.
To learn more, visit https://fireflyautomatix.com/ and follow the Company on LinkedIn.
Rezolve Ai presents its strategy, growth drivers and full agentic commerce stack to investors today at Nasdaq MarketSite, with live product demonstrations; investors can register here to join online.Rezolve Ai's US AI Visibility Study 2026 finds that 97 of America’s 100 largest retailers publish no way for an AI agent to check out.Management will outline Rezolve Ai’s commercial progress, operating priorities and growth strategy as the Company demonstrates its full platform for the agentic commerce economy.
NEW YORK, Oct. 06, 2026 (GLOBE NEWSWIRE) -- Rezolve Ai (NASDAQ: RZLV), a global leader in agentic commerce and AI-powered customer engagement, today hosts its Investor Day at Nasdaq MarketSite in New York City. Management will give investors and analysts the first comprehensive presentation of how Rezolve Ai's commerce, data and payments capabilities combine into a single platform for the agentic economy. The event is open to in-person and online attendees, who can register here.
To mark the event, Rezolve Ai today publishes the US AI Visibility Study 2026, which examines how the leading AI assistants present 2,047 US companies to consumers. The companies span every member of the S&P 500, all of the NRF Top 100 retailers, 60 large private companies, 362 consumer brands and more than 1,000 other US retailers and listed companies.
The study finds that one in four of these companies is never named by OpenAI, Claude, Perplexity or Gemini, including nearly one in five members of the S&P 500. AI assistants name companies most often while consumers browse, yet 97 of America’s 100 largest retailers publish no way for an AI agent to check out, including 13 that turned automated visitors away. Additionally, most LLMs build their answers almost entirely from third parties, with a company's own website accounting for just 1.5% of the sources AI cites, and visibility differs from one assistant to the next.
“Every era of commerce has had a gatekeeper. For twenty years it was the search engine. Today it is the AI agent, and it is deciding which brands a customer hears about before they ever reach a store,” said Daniel M. Wagner, Founder, Chairman and CEO of Rezolve Ai. “This research should be a wake-up call to every boardroom in America. The companies that win the next decade of commerce will be the ones that give AI something it can trust and transact with, and that is precisely what Rezolve Ai was built to provide.”
Rezolve Ai’s platform is designed to enable merchants to supply AI assistants with trusted answers drawn from their own catalog, live pricing and availability. Its agent-ready APIs are designed to help those assistants find products and complete purchases directly. Its commerce-trained brainpowa models interpret shopper intent, while Rezolve Commerce and agentic checkout convert that intent into a sale. Rezolve Pay supports payment optimization, and Rezolve Reward helps drive customer engagement and repeat purchasing.
Rezolve Ai takes the platform to market through three growth engines that reinforce one another: an expanding product suite, distribution through Microsoft, Google, TCS and Tech Mahindra, and the licensing of the data, intelligence and payment rails beneath it to platforms, banks and payment networks.
Investor Day Focus
At Investor Day, management will present Rezolve Ai’s strategy, market opportunity, commercial model and growth drivers. The presentation will focus on the Company’s platform, strategic partnerships, product roadmap, customer adoption, operating discipline and path toward long-term profitable growth. Live demonstrations will show how trusted data infrastructure, proprietary commerce intelligence, auditable agent workflows, customer engagement, transactions and payments connect across the platform.
“I founded Rezolve Ai to give digital commerce what the best stores have always had: an assistant who understands the customer and closes the sale,” said Wagner. “A decade later, AI agents are becoming the largest sales force commerce has ever known, and Rezolve Ai is the infrastructure backbone they run on. Today investors will see a business that has proven it can scale and is now turning that scale into profitability.”
Event details
Date: Tuesday, October 6, 2026
Location: Nasdaq MarketSite, New York City
Schedule: Networking breakfast from 9:00 a.m. EDT; opening remarks and live webcast from 9:45 a.m. EDT, concluding at approximately 1:00 p.m. EDT
Registration: Investors and analysts can attend in person or online and should pre-register at edge.media-server.com/mmc/p/hz8x6poa
Materials: The live webcast, replay and presentation materials will be available on Rezolve Ai's investor relations website at investor.rezolve.com
About the US AI Visibility Study 2026
The study analyzed how OpenAI, Claude, Perplexity and Gemini, each with web search enabled, respond to unbranded consumer questions about the markets of 2,047 US companies drawn from six public lists, including the S&P 500 and the NRF Top 100. Fieldwork took place between September 23 and October 5, 2026. Full results and methodology are available at aeo-audit.rezolve.com/us.
About Rezolve Ai
Rezolve Ai is the infrastructure backbone powering AI-driven commerce for merchants, financial institutions, hyperscalers and technology companies. Its Brain Suite platform helps retailers, brands and financial institutions transform how consumers search, engage and transact across digital channels.
Rezolve Ai's proprietary brainpowa™ models are purpose-built for commerce, while TraceWare™ is designed to provide transparency and accountability across agentic AI workflows. Together, Rezolve Ai's technology enables enterprises to deploy AI that can engage customers, understand intent, support transactions and operate safely at scale.
Headquartered in London with operations across North America, Europe and Asia, Rezolve Ai partners with leading global enterprises to power the future of commerce through AI that sells. Learn more at rezolve.com.
Media contact
Urmee Khan, Group Director of Communications & Corporate Affairs, Rezolve Ai: [email protected]
+44 7576 094 040
Forward-looking statements
This press release contains forward-looking statements within the meaning of the federal securities laws, including statements about Rezolve Ai’s product plans, platform capabilities, strategic partnerships, market opportunity, growth strategy, profitability, Investor Day presentations and matters described in the U.S. AI Visibility Study 2026. These statements reflect management’s current expectations and are subject to risks and uncertainties that could cause actual results to differ materially, including those described in Rezolve Ai’s filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date of this release, and Rezolve Ai undertakes no obligation to update them except as required by law.
Anderson steps into the role from inside the company, having chaired ONAR’s Audit Committee since August 2025; director Howard D. Palefsky assumes the Audit Committee chair; appointment follows the completion days earlier of the largest acquisition in Company history and its up to $15 million financing | Source: ONAR Holding Corporation
Miami, FL, Oct. 06, 2026 (GLOBE NEWSWIRE) -- ONAR Holding Corporation (OTCID: ONAR) (“ONAR” or the “Company”), an AI-powered marketing platform, today announced the appointment of Kelly Anderson as Interim Chief Financial Officer, effective October 1, 2026. The appointment comes days after the Company completed its acquisition of Advertise Purple, the largest acquisition in its history, and completed the initial closing of its up to $15 million financing, and it addresses the fourth and final priority the Company set out in its July letter to stockholders: the pursuit of a Nasdaq listing. Anderson’s mandate is the finance side of that pursuit, including uplist readiness, public-company reporting at the combined company’s new scale, and the financial integration of Advertise Purple. The interim designation reflects the assignment rather than any uncertainty: Anderson’s focus is carrying the Company through the listing process and the build-out of an exchange-grade finance organization.
Anderson is not arriving cold. She has served on ONAR’s Board of Directors as Audit Committee Chair since August 2025, through every filing, every acquisition, and every financing of the past year. The Company announced in its Annual Report that it was recruiting a Chief Financial Officer; the Board concluded that the strongest candidate was already at the table, with the advantage that she starts with a working knowledge of the Company’s numbers that no outside hire could match.
Anderson brings more than 25 years of senior finance leadership, including prior service as Chief Financial Officer of publicly traded T3 Motion and of Mavenlink, and Chief Accounting Officer at Fisker Automotive and has overseen more than 400 acquisitions across her career. She is a Certified Public Accountant and the founder of CXO Executive Solutions, an executive services firm specializing in placing senior finance leadership into companies at inflection points.
In connection with the appointment, Anderson stepped down from the Board of Directors and as Audit Committee Chair, and the Board has appointed Howard D. Palefsky as Audit Committee Chair. Palefsky, has served as a director since June 2025 and as Chair of the Company’s Governance and Nominating Committee, he also served as Chairman, President and Chief Executive Officer of Collagen Corporation for nearly two decades and has served on the boards of more than 30 organizations. The transition keeps the Audit Committee chaired by an independent director without interruption.
Anderson will work alongside James Keck, the Company’s Vice President of Finance, who continues to lead day-to-day financial operations, financial planning, and acquisition finance, the function he has built and run through the Company’s last four acquisitions.
“Getting to an exchange is mostly a finance project, and we are now staffing it like one,” said Claude Zdanow, Chief Executive Officer of ONAR. “We said we would recruit a CFO, and we ran a real search. The conclusion we kept reaching is that the person best qualified to carry our numbers to Nasdaq has been chairing our Audit Committee for the past year. Kelly has watched every filing we have made from the oversight side. Now she moves to the execution side, and James and his team get a partner who has done this climb before, more than once.”
“I have had a year inside ONAR’s numbers, and that is exactly why I said yes,” said Kelly Anderson. “This company just completed its largest acquisition, funded it, and moved its oldest debt into alignment with stockholders, all in the same week. What it needs now is the discipline of exchange-grade reporting, and that is work I have done my whole career. I know where we are strong, I know what we have to build, and I know the team I am building it with.”
“Kelly’s deep expertise and seasoned judgment add depth to our financial leadership at a pivotal stage in ONAR’s rapid growth,” said James Keck, Vice President of Finance. “I couldn’t be more excited to work alongside her as we pursue our ambitious plans. I’m proud of the foundation our team has built and energized by the vision we’re building toward together.”
Additional information regarding the appointment, including compensation arrangements, is set forth in the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on October 6, 2026.
About ONAR Holding Corporation
ONAR (OTCID: ONAR), pronounced “honor,” is an AI-powered marketing platform. ONAR acquires specialist marketing agencies serving middle-market and growth-stage brands across performance marketing, creative, and commerce, and operates them as one company on shared proprietary technology designed to automate up to 70% of manual agency work. Its technology division, ONAR Labs, develops and houses the Company’s proprietary technology, including ONAR AI, a marketing intelligence platform deployed across the Company’s agencies to improve productivity; Retina AI, a predictive customer intelligence platform; and Cortex, an offline and online sales attribution platform. ONAR continues to expand the platform through disciplined acquisitions, including JUICE, Scale Partner, and Advertise Purple. Learn more at www.onar.com.
Forward-Looking Statements
This press release contains statements that the Company believes to be “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including statements regarding the Company’s future financial condition, results of operations, business operations and business prospects, the integration of Advertise Purple, any potential uplisting, and any other potential acquisitions, financings, and debt restructurings, are forward-looking statements. Words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “predict,” “believe,” and similar words and expressions are intended to identify forward-looking statements. These statements reflect the Company’s current expectations, are not guarantees of future performance, and involve known and unknown risks and uncertainties, including the substantial doubt about the Company’s ability to continue as a going concern described in its SEC filings, the Company’s working capital deficit and indebtedness, integration risks, the need for additional financing, market conditions, competition, retention of key personnel, and regulatory changes, any of which could cause actual results to differ materially. Detailed risk factors are included in the Company’s filings with the SEC, including its Annual Report on Form 10-K and its Quarterly Report on Form 10-Q. These forward-looking statements speak only as of the date hereof. The Company assumes no obligation to update these statements except as required by law.
MCLEAN, Va., Oct. 02, 2026 (GLOBE NEWSWIRE) -- Cycurion, Inc. (NASDAQ: CYCU) (“Cycurion” or the “Company”), a leading AI-driven, tech-enabled cybersecurity solutions provider, today announced that it has received a letter, dated October 1, 2026, from the Hearings Office of The Nasdaq Stock Market LLC confirming that the Company has regained compliance with Nasdaq Listing Rule 5550(a)(1), the minimum bid price requirement of $1.00 per share, as required by the Nasdaq Hearings Panel’s decision letter dated September 9, 2026.
The October 1 letter confirms that the Company has regained compliance with Listing Rule 5550(a)(1). Nasdaq staff’s compliance worksheet, referenced in the letter, states that on August 28, 2026 the Company effected a 1-for-8 reverse stock split and that, since then, the Company’s bid price has closed above $1.00 for 10 consecutive trading days. The Company’s common stock continues to trade on the Nasdaq Capital Market under the symbol CYCU.
The September 9, 2026 Panel decision granted the Company’s request for continued listing subject to demonstrating bid-price compliance on or before September 11, 2026. The October 1 letter confirms that condition has been met.
In application of Listing Rule 5815(d)(4)(A), the Company will be subject to a Discretionary Panel Monitor for one year from October 1, 2026, through October 1, 2027. If the Company fails to maintain compliance with any continued listing requirement during that period, Nasdaq staff will issue a delist determination letter, and the Company will not be permitted to submit a plan of compliance or receive additional time from staff to regain compliance. The Company may request a hearing, which the Nasdaq Hearings Department would promptly schedule. The Hearings Panel will consider the Company’s compliance history in any such decision.
“Nasdaq’s letter confirms that we met the bid-price condition in the Panel’s decision,” said Kevin Kelly, Chairman and Chief Executive Officer of Cycurion. “The common stock continues to trade on Nasdaq. We understand the monitor, and meeting Nasdaq’s listing standards has been, and remains, a priority for the Company.”
About Cycurion, Inc.
Based in McLean, Virginia, Cycurion (NASDAQ: CYCU) is a forward-thinking provider of IT cybersecurity and AI solutions, committed to delivering secure, reliable, and innovative services to clients worldwide. Specializing in cybersecurity, program management, and business continuity, Cycurion harnesses its AI-enhanced ARx platform and expert team to empower clients and safeguard their operations. Along with its subsidiaries, Axxum Technologies LLC, Cloudburst Security LLC, and Cycurion Innovation, Inc., Cycurion serves government, healthcare, and corporate clients committed to securing the digital future. More info: www.cycurion.com.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
Any statements contained in this press release that are not statements of historical fact may be deemed forward-looking statements. Such statements include, but are not limited to, the Company’s ability to maintain compliance with Nasdaq’s continued listing requirements, including during the Discretionary Panel Monitor period through October 1, 2027; the continued listing and trading of the Company’s common stock on the Nasdaq Capital Market; the operations and prospective growth of the Company’s business; and other statements that are not historical facts, including statements which may be accompanied by words such as “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” and similar expressions intended to identify such forward-looking statements. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Cycurion and are difficult to predict. Examples of such risks and uncertainties include, but are not limited to, the Company’s ability to maintain a closing bid price of at least $1.00 per share and to satisfy Nasdaq’s other continued listing requirements; the fact that, during the Discretionary Panel Monitor period, any failure to maintain compliance will result in a delist determination without the opportunity to submit a plan of compliance or obtain additional time from Nasdaq staff; the outcome of any hearing that may follow such a determination; the effect of the reverse stock split on the market price, trading volume, and liquidity of the Company’s common stock; volatility in the Company’s stock price; any potential legal proceedings; and the future performance of the Company’s stock. Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K filed by Cycurion with the U.S. Securities and Exchange Commission. Cycurion anticipates that subsequent events and developments may cause its plans, intentions, and expectations to change. Cycurion assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Cycurion’s plans and expectations as of any subsequent date.
Mutual subscribers can analyze the Nasdaq eVestment-sourced manager products available under their Nasdaq eVestment subscription using Aapryl's skill attribution, factor, and scoring analytics.
, /PRNewswire/ -- Aapryl, an institutional analytics platform for investment manager evaluation, today announced a data relationship with NasdaqeVestment. Mutual subscribers can now view the NasdaqeVestment-sourced manager products covered by their subscription within Aapryl and analyze them using Aapryl's skill attribution, factor, and scoring analytics.
As institutional investors increasingly seek access to more manager data, the challenge is not simply obtaining information but determining what it says about a manager's ability to deliver repeatable results. The new relationship between Aapryl and NasdaqeVestment brings together the institutional manager data investors already rely on with Aapryl's proprietary analytics, helping investors assess whether performance reflects repeatable manager skill rather than market or style exposure.
Within the Aapryl platform, NasdaqeVestment-sourced funds are evaluated through the same methodology Aapryl applies to its existing manager universe. This includes style-adjusted benchmarks designed to capture persistent style effects, skill attribution that separates security selection from tactical timing, the Aapryl Score, and factor exposure analysis.
"Institutional investors have trusted NasdaqeVestment's data for years. By making that data available through Aapryl, mutual subscribers can move from performance reporting to skill reporting and see, clearly and quantifiably, what is driving manager performance," said David Andrade, General Manager, Aapryl. "As the volume of investment data continues to grow, the ability to translate that information into meaningful, forward-looking insights is becoming increasingly important."
"Institutional teams have more manager data than ever, and the harder question is what it tells them about how a manager is likely to perform going forward," said Daniel Brickhouse, VP, Head of NasdaqeVestment. "Making NasdaqeVestment data available within Aapryl gives mutual subscribers another way to interrogate that data, inside the research process they already run."
The capability is available now within the Aapryl platform to firms that subscribe to both Aapryl and NasdaqeVestment. Investment teams can apply Aapryl's consistent analytical framework to the managers they already track without disrupting their existing research process.
The announcement comes during Xponance's 30th anniversary year. Aapryl was first developed using the firm's own internal manager selection methodology, which has a 30+ year track record.
To learn more about Aapryl, visit: https://www.aapryl.com/
About Aapryl LLC
Aapryl, a subsidiary of Xponance Inc., is a leading fintech platform that empowers institutional investors with advanced analytics to evaluate asset manager skill and improve portfolio construction outcomes. Aapryl has a Manager Diagnostic analytical tool for investment managers that isolates the impact of a manager's active decisions to provide insight into how they might perform going forward — distinguishing true skill from market-driven performance. Aapryl was first developed using parent company Xponance's own internal manager selection methodology, which has a 30+ year track record of success. For more information on Aapryl, please visit us at www.aapryl.com, or for more information on Xponance please visit us at www.xponance.com.
About Nasdaq eVestment™
NasdaqeVestment is a leading institutional intelligence and analytics platform that connects asset managers, asset owners, and investment consultants across public and private markets. As part of Nasdaq (Nasdaq: NDAQ), NasdaqeVestment empowers institutional investment teams to make smarter, faster, and more confident decisions by delivering trusted data, market insights, and purpose-built workflows across the investment lifecycle. With the industry's most comprehensive database of institutional strategies, investors, and professionals, NasdaqeVestment brings transparency and efficiency to manager research, due diligence, fundraising, and distribution. Our data, analytics, benchmarks, and engagement tools help clients uncover opportunities, evaluate performance, and strengthen relationships across the institutional investment community. To learn more about NasdaqeVestment, visit www.nasdaq.com/solutions/evestment.
NasdaqeVestment™ is a trademark of Nasdaq, Inc.. All rights reserved. Nasdaq makes no representation or warranty with respect to this communication or such content and expressly disclaims any implied warranty under law. At the time of publication, the information herein was believed to be accurate, however, such information is subject to change without notice. Nothing herein shall constitute a recommendation, solicitation, invitation, inducement, promotion, or offer for the purchase or sale of any investment product, nor shall this material be construed in any way as investment, legal, or tax advice, or as a recommendation, reference, or endorsement by Nasdaq.
Key Takeaways Nasdaq's FinTech revenues rose 16% to $539 million in the second quarter, with 15% organic growth. Nasdaq Verafin added 47 SMB clients and six enterprise deals, while AI expands fraud and AML capabilities. Nasdaq added 58 FinTech clients, seven cross-sells and 107 upsells, strengthening recurring revenue growth. Nasdaq, Inc.’s (NDAQ - Free Report) Financial Technology business is emerging as an increasingly important growth engine as financial institutions accelerate investments in cloud-based capital-markets infrastructure, regulatory technology and financial-crime solutions. The business offers an attractive mix of recurring and subscription-based revenues, potentially providing Nasdaq with greater revenue visibility while reducing reliance on transaction-sensitive businesses.
In the second quarter of 2026, FinTech revenues increased 16% year over year to $539 million, including 15% organic growth, while FinTech annualized recurring revenue grew 16% organically. Growth was broad-based, with all three FinTech subdivisions delivering double-digit growth for the second consecutive quarter. Financial Crime Management Technology remains an important opportunity, with Nasdaq Verafin adding 47 new SMB clients and six enterprise deals during the quarter. Nasdaq is also integrating AI into fraud and anti-money-laundering workflows, including through its agentic AI workforce, which could enhance the efficiency and value of its solutions for financial institutions.
Regulatory Technology provides another structural growth avenue as financial institutions contend with increasingly complex compliance, surveillance and risk-management requirements. Meanwhile, Capital Markets Technology remains the largest FinTech subdivision, generating $321 million in second-quarter revenues, up 15% year over year, driven by subscription growth, data-center expansion and continued demand for its technology solutions.
Nasdaq’s One Nasdaq strategy could further strengthen FinTech growth by enabling the company to cross-sell technology, data, index and market-infrastructure solutions across its client base. In the second quarter, NDAQ added 58 new FinTech clients, seven cross-sells and 107 upsells, while cross-sells represented more than 15% of the sales pipeline. Continued cloud and SaaS adoption, AI integration and cross-selling could therefore help FinTech become a larger contributor to Nasdaq’s recurring revenue base and long-term growth.
What About Other Players? Intercontinental Exchange Inc. (ICE - Free Report) has built a diversified financial infrastructure platform that extends well beyond its traditional exchange operations into financial technology, data and workflow solutions. Its Fixed Income & Data Services business provides fixed-income data and analytics, indices, execution, clearing, and data and network technology, while its Mortgage Technology business offers technology across mortgage origination, closing, servicing, data and analytics. In the second quarter of 2026, overall recurring revenue grew 8% to $1.35 billion, highlighting the increasing contribution of technology- and subscription-oriented businesses to ICE's diversified growth model.
CME Group Inc. (CME - Free Report) operates a broad financial-market infrastructure platform spanning exchange trading, clearing, market data and technology-enabled trading services. Its CME Globex platform provides electronic access to futures and options, while CME Clearing serves as the central counterparty for futures, options and OTC transactions. The company also generates growing revenues from market data, analytics, connectivity, co-location and other technology services that support clients throughout the trading lifecycle. CME is also migrating listed derivatives on Globex to Google's ultra-low-latency cloud infrastructure, which could further expand its technology and connectivity capabilities.
NDAQ’s Price PerformanceShares of NDAQ have gained 5.6% in the past year, outperforming the industry.
Image Source: Zacks Investment Research
NDAQ’s OvervaluationThe stock is overvalued compared with its industry. It is currently trading at a price-to-earnings multiple of 20.16, higher than the industry average of 19.74.
Image Source: Zacks Investment Research
Estimate Movement for NDAQThe Zacks Consensus Estimate for NDAQ’s fourth-quarter 2026 earnings per share (EPS) has moved up 0.9% in the past 60 days. The same for full-year 2026 and 2027 EPS has moved up 0.5% and 0.6%, respectively, in the past 60 days.
Key Takeaways NDAQ launched an agentic AI environment in Calypso to automate trading, risk and collateral workflows.NDAQ's Financial Technology revenues rose 16% to $539 million in Q2 2026, supporting its growth outlook.Nearly half of surveyed firms cited manual intervention in post-trade operations as a key challenge. Nasdaq, Inc. (NDAQ - Free Report) is expanding its financial technology capabilities by launching an agentic AI environment within its Nasdaq Calypso platform to help financial institutions automate capital markets and treasury workflows.
The new environment allows clients to connect AI agents to trading, risk management, and collateral workflows while maintaining control of their data. Its first capability is a natural-language assistant that enables users to query platform data, documentation and other information, potentially reducing manual work and improving productivity.
The launch addresses a growing need for automation across financial markets. Nasdaq and Acuiti found that nearly half of respondents cited manual intervention as a challenge in post-trade operations, while 56% said that failing to adopt AI or machine learning in clearing could leave them behind competitors.
Broader adoption of AI-enabled Calypso capabilities could increase the value of Nasdaq's Financial Technology offerings, support client retention and create additional technology revenue opportunities. Nasdaq's Financial Technology business generated $539 million of revenue in the second quarter of 2026, up 16% year over year, while the company expects medium-term Financial Technology revenue growth of 10-14%.
Nasdaq's AI expansion could become another potential growth driver for its Financial Technology business. While the launch strengthens Calypso's capabilities, its financial benefits will depend on adoption and monetization. Investors should track client uptake and any impact on Financial Technology revenue growth.
What About Its Peers?Nasdaq's peers, like Intercontinental Exchange Inc. (ICE - Free Report) and London Stock Exchange Group plc (LSEGY - Free Report) , are also expanding AI capabilities across financial-market technology.
ICE launched its AI-powered ICE Compass platform in June 2026, expanding its AI capabilities and providing fixed-income traders with AI-powered pre-trade analytics and pricing insights. This strengthens ICE's technology offering across institutional trading workflows.
LSEG is also expanding its AI strategy through AI-enabled Workspace tools and an MCP server that allows customers to connect AI assistants and agents with London Stock Exchange's data. More than 150 customers had connected or were onboarding to its MCP server as of April 2026. This supports greater automation across financial-market operations.
NDAQ’s Price PerformanceShares of NDAQ have gained 5.6% in the past year, outperforming the industry.
Image Source: Zacks Investment Research
NDAQ’s OvervaluationThe stock is overvalued compared with its industry. It is currently trading at a price-to-earnings multiple of 20.16X, higher than the industry average of 19.36X.
Image Source: Zacks Investment Research
Estimate Movement for NDAQThe Zacks Consensus Estimate for Nasdaq’s 2026 and 2027 earnings per share (EPS) indicates a year-over-year increase of 19.3% and 13.2%, respectively.
The consensus estimate for 2026 and 2027 earnings has remained unchanged over the past 30 days.
Image Source: Zacks Investment Research
The consensus estimate for NDAQ’s 2026 and 2027 revenues indicates a year-over-year increase of 12.6% and 7.9%, respectively.
NDAQ stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
On September 30, 2026, we conducted a DCF analysis for Nasdaq Inc NDAQ amid a backdrop of fluctuating price performance. Over the past year, the stock has shown a modest increase of 4.9%, but year-to-date, it has declined by 4.5%. This analysis reveals a consensus across multiple valuation models indicating that the stock is significantly overvalued.
DCF Earnings-based intrinsic value of $55.89 vs current price of $91.85 (margin of safety: -64.3%) DCF FCF-based intrinsic value of $57.30 vs current price (second opinion confirms overvaluation) GF Score™ of 90/100 suggests high quality, but with a low predictability rank of 1/5 stars, indicating less reliability in the DCF inputs What Is NDAQ Worth? DCF Earnings-Based Model The DCF earnings-based model utilizes a two-stage approach to estimate the intrinsic value of Nasdaq Inc. The first stage accounts for a growth phase lasting ten years, during which earnings per share (EPS) is projected to grow at an annual rate of 11.1%. The second stage reflects a terminal growth phase where growth slows to 4% for an additional ten years. The discount rate applied throughout both stages is 12%.
Parameter Value Current EPS (TTM, excl. non-recurring) $3.53 10-Year Growth Rate 11.1% 10-Year Treasury Rate 5.22% Discount Rate (ceil(Treasury) + 6%) 12% Terminal Growth Rate 4% The calculation summary for the two-stage model is as follows:
Stage Description Value Growth Stage (Years 1-10) EPS growing at 11.1%, discounted at 12% $33.75 Terminal Stage (Years 11-20) 4% terminal growth, discounted at 12% $22.14 Intrinsic Value Growth + Terminal $55.89 With the current price at $91.85, the intrinsic value of $55.89 indicates that the stock is significantly overvalued, resulting in a margin of safety of -64.3%. It is important to note that GuruFocus employs EPS figures excluding non-recurring items, as research indicates a stronger correlation between stock prices and earnings than with free cash flow. For further calculations, visit the NDAQ DCF Calculator.
What Does the Free Cash Flow DCF Say? The free cash flow (FCF) based intrinsic value for Nasdaq Inc is calculated at $57.30. This figure aligns with the earnings-based DCF model, reinforcing the conclusion that the stock is significantly overvalued, with a margin of safety of -60.3%.
How Does GF Value™ Compare to the DCF Models? Additionally, the GF Value™ for Nasdaq Inc stands at $77.69, providing a third perspective on the valuation. GF Value™ is a proprietary measure from GuruFocus that combines historical trading multiples, past business growth, and future performance estimates. All three models—DCF earnings, DCF FCF, and GF Value™—concur that the stock is overvalued. For more details, visit the GF Value™ page.
What Does NDAQ's GF Score™ Tell Us? The GF Score™ evaluates various aspects of a company's performance and quality. Nasdaq Inc has a GF Score™ of 90/100, indicating strong fundamentals. However, the predictability rank is low at 1/5 stars, suggesting that the DCF model may be less reliable for this stock.
Metric Rating GF Score™ 90/100 Financial Strength 5/10 Profitability 8/10 Growth 9/10 Valuation 6/10 Momentum 10/10 For more insights, visit the NDAQ stock page.
Key Assumptions and Limitations It is crucial to recognize that DCF models are highly sensitive to the assumptions regarding growth rates and discount rates. Stocks with low predictability ratings, such as Nasdaq Inc, yield less reliable DCF estimates. The terminal growth rate of 4% is a simplifying assumption that may not fully capture future market dynamics.
What This Means for Investors In summary, all three valuation models—DCF earnings, DCF FCF, and GF Value™—indicate that Nasdaq Inc is significantly overvalued. The consensus is reinforced by the guru ownership signal, with 9 gurus currently holding the stock, 4 of whom are adding to their positions while 5 are trimming. Additionally, insider activity shows net selling over the past 12 months, which could signal caution. Investors should consider these insights when evaluating Nasdaq Inc's stock. For a detailed analysis, check out the NDAQ DCF Calculator.
Frequently Asked Questions What is NDAQ's intrinsic value based on DCF?
According to the analysis, the earnings-based intrinsic value is $55.89, while the FCF-based intrinsic value is $57.30.
Is NDAQ overvalued or undervalued?
Both the DCF and GF Value™ models indicate that NDAQ is overvalued.
How reliable is the DCF model for NDAQ?
The DCF model's reliability is diminished by a low predictability rank of 1 out of 5 stars.
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].
Disclosures I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.
BALA CYNWYD, Pa., Sept. 29, 2026 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no cost or financial obligation to you.
Marks a major milestone in Nasdaq Calypso’s strategy to serve as the trusted orchestration layer connecting agents across capital market and treasury workflows
Introduces agentic capabilities, including a natural language assistant to automate analysis of the platform’s system-of-record data
NEW YORK, Sept. 29, 2026 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today launched a framework for integrating AI capabilities within capital market and treasury operations, addressing some of the bottlenecks that are preventing scaled institutional adoption. At its core, Nasdaq has established an agentic AI operating environment within its Nasdaq Calypso platform, providing financial institutions with a contained, governed space to run, connect, and scale AI agents across the trade lifecycle.
"For institutions to adopt AI agents at scale, they need a trusted, governed infrastructure inside the capital market platforms they already run, a place to connect agents from many different sources to real workflows, data, and controls," said Magnus Haglind, Head of Capital Markets Technology at Nasdaq. "By integrating agentic capabilities and serving as the orchestration layer, we are evolving Nasdaq Calypso from a system of record into an intelligent platform that automates activity at every stage of the trade lifecycle."
AI has enormous potential across capital market workflows to enhance risk controls, reduce settlement failures, and transform operational data into automated actions. According to a recent Nasdaq and Acuiti survey, almost half of respondents highlighted challenges relating to manual intervention within their post-trade operations, while 56% said they risk losing ground to competitors if they do not integrate AI or machine learning into their clearing operations.
How the Nasdaq Calypso Agentic AI Environment Will Work
Nasdaq Calypso is an advanced capital markets and treasury platform used by banks, brokers, asset managers, central banks, and other financial institutions to process front-to-back office trading, risk management, and collateral workflows. The operating environment will allow clients to access Nasdaq Calypso’s agents and connect their own proprietary AI infrastructure through an integrated layer built on the Model Context Protocol (MCP). MCP is an emerging industry standard for linking AI agents to software.
The environment applies robust operational boundaries, live oversight, and strict sandboxing with no external data retention, designed to keep AI agents operating solely within an institution's perimeter and policies. It will enable agents to operate on core Nasdaq Calypso data, drawing on the platform's system-of-record trading, risk, and collateral records, and can be extended with additional enterprise, market, and reference data sources.
Today’s launch also aligns with the first agentic capabilities available in the environment: a natural language assistant that lets users query the platform’s data, documentation, and other information. The functionality seeks to deepen how teams can use the platform, enhance productivity around data analysis and document review, and accelerate decision-making.
Nasdaq plans to roll out a suite of governed agentic workers designed to address operational friction caused by manual processes that persist across capital market workflows.
Clients retain full control of their data. The agents will be hosted by Nasdaq and delivered through Nasdaq Calypso's cloud environment, which is built on Amazon Bedrock to provide the scalable services and governance controls required to run agentic AI in regulated environments. On-premises clients will also be able to connect to those same agents.
Nasdaq will partner with individual clients as they work through internal AI governance and control requirements to bring these capabilities online. The launch builds on Nasdaq's extensive AI capabilities within its suite of Financial Technology platforms, including Nasdaq Verafin's Agentic AI workforce leveraged by 800+ clients, and AI-powered regulatory reporting in Nasdaq AxiomSL. As institutions increasingly adopt these technology platforms, the patterns learned are expected to help deliver even greater levels of performance and client outcomes.
Nasdaq (Nasdaq: NDAQ) is a leading technology platform that powers the world’s economies. We architect the world’s most modern markets, power the innovation economy, and build trust in the financial system. We empower economic opportunity by designing and deploying the technology, data, and advanced analytics that enable our clients to capture opportunities, navigate risk, and strengthen resilience. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.
Information set forth in this press release contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements can be identified by words such as “will,” “can,” “enable,” “plans ” “seeks,” “designed to” and other words and terms of similar meaning. Such forward-looking statements include, but are not limited to, statements related to the performance and benefits of Nasdaq Calypso and its AI capabilities, including agentic functionality. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These risks and uncertainties are detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on Nasdaq’s investor relations website at http://ir.nasdaq.com and the SEC’s website at www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
Common stock commenced trading on OTCID under FLZH; OTCQB application pending; Nasdaq continued listing hearing scheduled for October 6, 2026 New York, New York--(Newsfile Corp. - September 28, 2026) - Flash Sports & Media Holdings, Inc. (OTC: FLZH) (the "Company") today provided an update regarding the trading of its common stock, its application to the OTCQB market, its upcoming Nasdaq continued listing hearing, and the status of its 2026 annual meeting of stockholders. OTC Trading and OTCQB Application On Friday, September 25, 2026, the Company's common stock commenced trading on the OTCID market under the symbol "FLZH.
LONDON and NEW YORK, Sept. 28, 2026 (GLOBE NEWSWIRE) -- Partnering with Nasdaq, HSBC has adopted Nasdaq Calypso for the bank’s exchange-traded derivatives (ETD) clearing platform, providing HSBC with a fully integrated set of clearing capabilities.
HSBC’s Derivatives Clearing Services already execute ETD transactions for institutional clients across 40 global futures exchanges, and clear ETDs and over-the-counter (OTC) derivatives through the world’s largest central counterparties (CCPs).
Since 2011, HSBC has used Nasdaq Calypso to clear clients’ OTC derivatives, including interest rate, inflation and credit default swaps. HSBC also uses Nasdaq Calypso for repo clearing and, by year-end, will extend its use to US Treasury cash transactions in preparation for mandatory clearing.
Najib Lamhaouar, Global Head of OTC Clearing and ETDs, HSBC, says: “Using Nasdaq Calypso on a multi-product basis is an enabler for cross-margining that enhances our clients’ ability to manage their collateral and market risk within the HSBC Real Clear product suite.* With real-time visibility of clearing activity, margin, collateral and risk exposure, HSBC Real Clear helps clients make more informed funding and risk decisions to operate more efficiently. Our partnership with Nasdaq positions us well for changes in the clearing space, including the move to always-on markets and the increasing demand we are seeing from market participants for tokenised assets and collateral.”
Magnus Haglind, Head of Capital Markets Technology, Nasdaq, says: “The pace of market evolution and technology innovation is placing new demands on clearing infrastructure. As markets move toward an always-on model, firms are seeking modern, streamlined systems that can support always-on risk management, AI adoption and ever greater ecosystem connectivity. With that foundation in place, Nasdaq Calypso offers the flexibility to adapt to new asset classes, markets and client requirements, without adding operational complexity.”
Nasdaq Calypso is an advanced capital markets and treasury platform used by banks, brokers, asset managers, central banks, and other financial institutions to support capital markets and treasury workflows. This expansion of the platform’s ETD clearing capabilities reflects a strategic decision by Nasdaq to reinforce Nasdaq Calypso’s position as a modular and scalable solution, designed to help clients navigate an increasingly complex and rapidly evolving clearing landscape.
* HSBC Real Clear gives clients real-time visibility of clearing activity, margin, collateral and risk, helping them stay closer to their positions throughout the day. It offers tools to improve funding, risk and operational decision-making, including margin forecasting, intraday monitoring and scenario analysis. For more information on HSBC Real Clear, please click here.
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About HSBC
HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 56 countries and territories. With assets of US$3,438bn at 30 June 2026, HSBC is one of the world’s largest banking and financial services organisations.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading technology platform that powers the world’s economies. We architect the world’s most modern markets, power the innovation economy, and build trust in the financial system. We empower economic opportunity by designing and deploying the technology, data, and advanced analytics that enable our clients to capture opportunities, navigate risk, and strengthen resilience. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.
Information set forth in this press release contains forward-looking statements that involve a number of risks and uncertainties. Nasdaq cautions readers that any forward-looking information is not a guarantee of future performance and that actual results could differ materially from those contained in the forward-looking information. Forward-looking statements can be identified by words such as “will”, “can” and other words and terms of similar meaning. Such forward-looking statements include, but are not limited to, statements related to the benefits of Nasdaq Calypso and its expanded capabilities for the exchange-traded derivatives clearing platform. Forward-looking statements involve a number of risks, uncertainties or other factors beyond Nasdaq’s control. These risks and uncertainties are detailed in Nasdaq’s filings with the U.S. Securities and Exchange Commission, including its annual reports on Form 10-K and quarterly reports on Form 10-Q which are available on Nasdaq’s investor relations website at http://ir.nasdaq.com and the SEC’s website at www.sec.gov. Nasdaq undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
A covered call ETF paying a 17% annual distribution should be quietly destroying its own NAV, yet this Nasdaq-focused fund keeps defying that logic in a way that forces a closer look at how it actually works.
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There’s nothing inherently wrong with a high distribution, but an ETF can’t manufacture economic returns simply by paying shareholders more. On the ex-distribution date, its NAV falls by the amount distributed, all else being equal. If the strategy can’t earn enough through stock appreciation, dividends and option premiums to replenish those payouts, the share price can gradually erode.
That’s especially important with covered call ETFs. Selling calls against a fast-moving growth index such as the Nasdaq-100 can generate substantial premiums, but it can also be particularly expensive in terms of forgone upside. The very technology stocks generating all that volatility are also capable of rallying rapidly through the calls’ strike prices.
That’s why the TappAlpha Innovation 100 Growth & Daily Income ETF (TDAQ) caught my attention. Its current distribution rate is 17.58%, yet over its short history, the fund hasn’t merely maintained its NAV while making those payouts. It has actually produced a slightly higher total return than a long-only Nasdaq-100 ETF.
How TDAQ Generates a 17% Yield TDAQ starts with familiar exposure. It obtains its Nasdaq-100 allocation through the Invesco NASDAQ 100 ETF (QQQM), giving shareholders exposure to many of the largest nonfinancial companies listed on the Nasdaq. The income overlay is where things become more unusual.
TDAQ generally sells Nasdaq index call options with zero days to expiration (0DTE) options. These contracts expire on the same trading day they’re written. Rather than, say systematically overwriting 100% of its portfolio with one-month ATM calls (like QYLD does) and potentially watching the Nasdaq rally through its strike for weeks, TDAQ repeatedly resets its option exposure. Each new trading session gives the strategy another opportunity to select a strike based on current market conditions and collect additional premium.
Once each day’s call expires, TDAQ retains its underlying Nasdaq-100 exposure overnight without the previous day’s option continuing to cap its gains. That’s potentially important because a meaningful portion of equity-market returns can occur outside regular trading hours. The strategy still sacrifices upside when the Nasdaq rallies sufficiently during the trading day. There is no way around that fundamental covered call trade-off. But the daily reset means the upside cap isn’t continuously hanging over the portfolio for weeks at a time.
TDAQ Has Somehow Stayed Ahead Despite those higher costs and the upside surrendered through its 0DTE calls, TDAQ has managed to remain slightly ahead so far. TDAQ currently has a 17.58% distribution rate. That income comes at a price, though. Its 0.83% expense ratio consists of a 0.68% management fee plus 0.15% in acquired fund fees and expenses.
According to Testfolio, over the 1.05-year period ending Sept. 21, 2026, TDAQ produced a 30.57% cumulative total return with distributions reinvested. The Invesco QQQ ETF (QQQ) returned 29.65%. The margin isn’t enormous. Still, it’s an interesting result given the structural hurdles. TDAQ had to overcome its 0.83% expense ratio and the opportunity cost of repeatedly selling calls, while simultaneously funding a 17.55% distribution rate. Risk-adjusted results were similarly close. TDAQ posted a Sharpe ratio of 1.24 versus 1.19 for QQQM over the period.
There’s also an interesting potential tax angle. TDAQ’s latest Section 19(a)-1 notice estimated that 100% of its distribution consisted of return of capital (ROC). ROC is generally not immediately taxable. Instead, it reduces the shareholder’s adjusted cost basis, potentially deferring taxes until the position is eventually sold. Once basis reaches zero, subsequent ROC distributions generally become taxable capital gains. That characterization is only an estimate. Section 19(a)-1 notices are preliminary, and investors need to rely on Form 1099-DIV for the final tax treatment.
I still wouldn’t choose TDAQ over QQQ solely because it happened to outperform over one year. For someone accumulating wealth and reinvesting every distribution, the cheaper long-only ETF has a major structural advantage and preserves all of the Nasdaq-100’s upside. But TDAQ has so far managed to distribute roughly 17% annually without the NAV decay I would normally expect from such an aggressive payout. Whether its 0DTE strategy can keep doing that through a full market cycle is what I’d watch next.
Contact [email protected] for any questions or corrections.
, /PRNewswire/ -- Warner Bros. Discovery, Inc. (NASDAQ: WBD) ("WBD" or "Warner Bros. Discovery") today announced that, in connection with the pending acquisition of WBD (the "Acquisition") by Paramount Skydance Corporation ("PSKY"), which is subject to the satisfaction of customary closing conditions, WBD intends to voluntarily delist from The Nasdaq Global Market ("Nasdaq Global") the 4.302% Senior Notes due 2030 issued by Discovery Global Holdings, Inc., a wholly owned subsidiary of WBD ("DGH"), and fully and unconditionally guaranteed by WBD and certain of its subsidiaries and the 4.693% Senior Notes due 2033 issued by DGH and fully and unconditionally guaranteed by WBD and certain of its subsidiaries (together, the "Euro Notes"), and to deregister the Euro Notes under the Securities Exchange Act of 1934, as amended (the "Exchange Act").
WBD has decided to take this voluntary action to delist and deregister the Euro Notes because of the pending Acquisition. The voluntary delisting and deregistration of the Euro Notes, if completed, will not affect the terms of the Euro Notes.
To delist the Euro Notes, WBD expects to file a Notification of Removal From Listing on Form 25 with the U.S. Securities and Exchange Commission (the "SEC") on or around October 6, 2026. WBD reserves the right to delay the filing of the Form 25 for any reason. The delisting will be effective on the 10th day following filing of the Form 25, and the Euro Notes will no longer trade on Nasdaq Global effective on such date.
Upon effectiveness of the Form 25, WBD expects to file a Certification and Notice of Termination on Form 15 with the SEC with respect to the Euro Notes, requesting that the Euro Notes be deregistered under the Exchange Act, and that the reporting obligations of WBD with respect to the Euro Notes under Sections 13 and 15(d) of the Exchange Act be suspended. Neither WBD nor PSKY have made arrangements for the listing and/or registration of the Euro Notes on another national securities exchange or for quotation on another medium.
About Warner Bros. Discovery
Warner Bros. Discovery is a leading global media and entertainment company that creates and distributes the world's most differentiated and complete portfolio of branded content across television, film, streaming and gaming. Warner Bros. Discovery inspires, informs and entertains audiences worldwide through its iconic brands and products including: Discovery Channel, HBO Max, discovery+, CNN, DC, TNT Sports, Eurosport, HBO, HGTV, Food Network, OWN, Investigation Discovery, TLC, Magnolia Network, TNT, TBS, truTV, Travel Channel, Animal Planet, Science Channel, Warner Bros. Motion Picture Group, Warner Bros. Television Group, Warner Bros. Pictures Animation, Warner Bros. Games, New Line Cinema, Cartoon Network, Adult Swim, Turner Classic Movies, Discovery en Español, Hogar de HGTV and others.
Information set forth in this communication constitute forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements regarding the Company's expectations, beliefs, intentions or strategies regarding the future, and can be identified by forward-looking words such as "anticipate," "believe," "could," "continue," "estimate," "expect," "intend," "may," "should," "will" and "would" or similar words. These forward-looking statements are based on current expectations, forecasts, and assumptions that involve risks and uncertainties and on information available to Warner Bros. Discovery as of the date hereof.
Forward-looking statements include, without limitation, statements about the benefits of the Acquisition, future financial and operating results, the combined company's plans, objectives, expectations and intentions, and other statements that are not historical facts. Such statements are based upon the current beliefs and expectations of WBD's management and are subject to significant risks and uncertainties outside of our control. Among the risks and uncertainties that could cause actual results to differ from those described in the forward-looking statements are the following: (1) the completion of the Acquisition may not occur on the anticipated terms and timing or at all; (2) the occurrence of any event, change or other circumstances that could give rise to the termination of the Acquisition; (3) risks that any of the closing conditions to the Acquisition may not be satisfied in a timely manner; (4) risks related to litigation brought in connection with the Acquisition; (5) risks related to disruption of management time from ongoing business operations due to the Acquisition; (6) effects of the announcement, pendency or completion of the Acquisition on the ability of WBD to retain customers and retain and hire key personnel and maintain relationships with suppliers, distributors, advertisers, content providers, vendors and other business partners, and on its operating results and business generally; (7) negative effects of the announcement or the consummation of the Acquisition on the market price of WBD common stock; (8) risks related to the potential impact of general economic, political and market factors on the companies or the Acquisition; (9) inherent uncertainties involved in the estimates and assumptions used in the preparation of financial projections; (10) the ability to obtain or consummate financing or refinancing related to the Acquisition; and (11) the response of WBD or PSKY management to any of the aforementioned factors. WBD's actual results could differ materially from those stated or implied, due to risks and uncertainties associated with its business, which include the risks related to the Acquisition. Discussions of additional risks and uncertainties are contained in WBD's filings with the Securities and Exchange Commission, including but not limited to WBD's most recent Annual Report on Form 10-K, reports on Form 10-Q and Form 8-K and the definitive proxy statement filed by WBD in connection with the Acquisition. WBD is not under any obligation, and expressly disclaims any obligation, to update, alter, or otherwise revise any forward-looking statements, whether written or oral, that may be made from time to time, whether as a result of new information, future events, or otherwise, except to the extent required by applicable law. Persons reading this communication are cautioned not to place undue reliance on these forward-looking statements which speak only as of the date hereof.
NEW YORK, Sept. 24, 2026 (GLOBE NEWSWIRE) -- At the end of the settlement date of September 15, 2026, short interest in 3,862 Nasdaq Global MarketSM securities totaled 18,116,572,644 shares compared with 18,212,067,019 shares in 3,860 Global Market issues reported for the prior settlement date of August 31, 2026. The mid-September short interest represents 3.55 days compared with 3.52 days for the prior reporting period.
Short interest in 1,654 securities on The Nasdaq Capital MarketSM totaled 4,404,738,050 shares at the end of the settlement date of September 15, 2026, compared with 4,373,853,400 shares in 1,655 securities for the previous reporting period. This represents a 1.76 day average daily volume; the previous reporting period’s figure was 1.61.
In summary, short interest in all 5,516 Nasdaq® securities totaled 22,521,310,694 shares at the September 15, 2026 settlement date, compared with 5,515 issues and 22,585,920,419 shares at the end of the previous reporting period. This is 2.96 days average daily volume, compared with an average of 2.86 days for the prior reporting period.
The open short interest positions reported for each Nasdaq security reflect the total number of shares sold short by all broker/dealers regardless of their exchange affiliations. A short sale is generally understood to mean the sale of a security that the seller does not own or any sale that is consummated by the delivery of a security borrowed by or for the account of the seller.
For more information on Nasdaq Short interest positions, including publication dates, visit
https://www.nasdaq.com/market-activity/quotes/short-interest
or http://www.nasdaqtrader.com/asp/short_interest.asp.
About Nasdaq:
Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.