Nasdaq (NASDAQ:NDAQ) 주식

NASDAQ INC

Nasdaq

Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its trading business (about 22.5% of sales), the company sells market and financial data to investors, offers Nasdaq-branded indexes, and lists companies through its capital access segment (42.5%). Nasdaq's newest segment, financial technology, was primarily constructed through the acquisitions of Verafin and Adenza and has expanded the company into capital management, financial crime, and regulatory compliance software (35%) as the firm seeks to become a diversified technology company.

Nvidia,Chip,On,Illuminated,Circuit,Board,,Glowing,Green,Logo

News

Tech

CSCO

GOOG

GOOGL

MSFT

NDAQ

NVDA

엔비디아(NASDAQ:NVDA)는 수요일(23일) &#39;네모(NeMo) 마이크로서비스&#39;를 공식 발표했다. 이 서비스는 기업 IT가 데이터 플라이휠을 활용해 직원 생산성을 확장할 수 있는 AI 팀원을 신속하게 구축하는 데 지원을 제공한다.

엔비디아, 차세대 적응형 디지털 AI 에이전트 위한 &#39;네모 마이크로서비스&#39; 출시···시스코·나스닥·메타 등 지원

Government

Regulations

Media

HOOD

IBKR

금요일에 나스닥(NASDAQ:NDAQ)의 사장인 탈 코헨(Tal Cohen)이 링크드 게시물을 통해 자사의 주식 거래소에서 24시간 거래를 가능하게 할 계획을 공유했다. 미국 거래소 운영자는 2026년 하반기에 소매 투자자들의 미국 시장에 대한 관심이 시간대별로 증가함에 따라 규제 승인을 기다리면서 24시간 거래를 시작할 계획이다.

나스닥은 글로벌 투자자 수요를 충족하기 위해 24시간 거래를 계획 중

Jimmy Carter Photo by Nagel Photography on Shutterstock

Politics

Markets

주요 미국 주식 시장은 전 대통령인 지미 카터의 삶과 유산을 기리기 위해 1월 9일에 문을 닫을 예정이다. 카터는 일요일에 100세로 세상을 떠났다. 무슨 일이 있었나: 인터컨티넨탈 익스체인지(NYSE:ICE)가 소유한 뉴욕 증권 거래소는 조 바이든 대통령이 카터 추모의 날(National Day of Mourning)을 선포한 것에 따라 1월 9일에 시장을 폐쇄할 것이라고 월요일 확인했다.

미국 시장은 지미 카터 대통령의 국가 장례식을 위해 폐장 예정: 알아야 할 사항

Nasdaq Inc

Nasdaq Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) reported better-than-expected earnings for its <a href="https://www.benzinga.com/quote/NDAQ/earnings">first quarter on Thursday</a>.
The company posted quarterly revenue of $1.24 billion, versus estimates of $1.23 billion. The company's quarterly earnings came in at 79 cents per share, versus estimates of 77 cents per share.
Total revenue was up 11% year-over-year and annual recurring revenue climbed 8% year-over-year to $2.8 billion.
"Nasdaq's first quarter results underscore the resilience of our business model and our ability to deliver growth across our divisions in a rapidly shifting environment," said chair and CEO Adena Friedman.
Nasdaq declared a quarterly dividend of 27 cents per share, payable on June 27 to shareholders of record as of June 13.
In a separate press release, Nasdaq announced that the company and Amazon.com Inc's (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) Amazon Web Services (AWS) will introduce a new suite of solutions including infrastructure, software, data management and services that will enable market operators to overcome modernization barriers.
Nasdaq shares fell 0.1% to trade at $74.64 on Friday.
These analysts made changes to their price targets on Nasdaq following earnings announcement.
<ul>
<li>Barclays analyst Benjamin Budish maintained Nasdaq with an Overweight rating and lowered the price target from $86 to $84.</li>
<li>UBS analyst Alex Kramm maintained Nasdaq with a Neutral and raised the price target from $76 to $82.</li>
<li>Keefe, Bruyette &amp; Woods analyst Kyle Voigt maintained the stock with an Outperform rating and raised the price target from $87 to $88..</li>
</ul>
Considering buying NDAQ stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="583" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25115157/image-181-1024x583.png" alt="" class="wp-image-889203" style="width:590px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25115157/image-181-1024x583.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25115157/image-181-300x171.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25115157/image-181-768x437.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25115157/image-181.png 1121w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/trading-ideas/long-ideas/25/04/45006630/jim-cramer-onemain-is-too-risky-recommends-buying-reddit">Jim Cramer: OneMain Is &#8216;Too Risky,&#8217; Recommends Buying Reddit</a> </li>
</ul>
Photo via Shutterstock

Earnings

Price Target

Analyst Ratings

Trading Ideas

AMZN

These Analysts Revise Their Forecasts On Nasdaq After Better-Than-Expected Earnings

Keefe, Bruyette &amp; Woods analyst Kyle Voigt maintains Nasdaq (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) with a Outperform and raises the price target from $87 to $88.

Keefe, Bruyette & Woods Maintains Outperform on Nasdaq, Raises Price Target to $88

UBS analyst Alex Kramm maintains Nasdaq (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) with a Neutral and raises the price target from $76 to $82.

UBS Maintains Neutral on Nasdaq, Raises Price Target to $82

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>BMO Capital raised O&#8217;Reilly Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORLY#NASDAQ">ORLY</a>) price target from $1,450 to $1,500. BMO Capital analyst Tristan Thomas-Martin maintained an Outperform rating. O&#8217;Reilly Automotive shares closed at $1,352.17 on Thursday. See how other analysts <a href="https://www.benzinga.com/quote/ORLY/analyst-ratings">view this stock</a>.</li>
<li>Barclays cut the price target for Nasdaq, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) from $86 to $84. Barclays analyst Benjamin Budish maintained an Overweight rating. Nasdaq shares closed at $74.74 on Thursday. <a href="https://www.benzinga.com/quote/NDAQ/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Needham cut Plexus Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PLXS#NASDAQ">PLXS</a>) price target from $172 to $162. Needham analyst James Ricchiuti reiterated a Buy rating. Plexus shares closed at $125.35 on Thursday. See how other analysts <a href="https://www.benzinga.com/quote/PLXS/analyst-ratings">view this stock</a>.</li>
<li>Barclays increased the price target for AT&amp;T Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>) from $27 to $30. Barclays analyst Kannan Venkateshwar maintained an Overweight rating. AT&amp;T shares closed at $27.53 on Thursday. <a href="https://www.benzinga.com/quote/T/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Canaccord Genuity raised the price target for Rollins, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROL#NYSE">ROL</a>) from $49 to $50. Canaccord Genuity analyst Brian McNamara maintained a Hold rating. Rollins shares closed at $55.47 on Thursday. <a href="https://www.benzinga.com/quote/ROL/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Wells Fargo increased Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) price target from $167 to $175. Wells Fargo analyst Ken Gawrelski maintained an Equal-Weight rating. Alphabet shares settled at $159.28 on Thursday. <a href="https://www.benzinga.com/quote/GOOGL/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>UBS increased Philip Morris International Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PM#NYSE">PM</a>) price target from $130 to $170. UBS analyst Faham Baig upgraded Philip Morris from Sell to Neutral. Philip Morris shares closed at $170.07 on Thursday. <a href="https://www.benzinga.com/quote/PM/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Needham cut Euronet Worldwide, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EEFT#NASDAQ">EEFT</a>) price target from $130 to $120. Needham analyst Mayank Tandon maintained a Buy rating. Euronet Worldwide shares closed at $98.94 on Thursday.  <a href="https://www.benzinga.com/quote/EEFT/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>JP Morgan cut the price target for SS&amp;C Technologies Holdings, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SSNC#NASDAQ">SSNC</a>) from $90 to $86. JP Morgan analyst Alexei Gogolev downgraded the stock from Overweight to Neutral. SS&amp;C Technologies shares settled at $77.43 on Wednesday. <a href="https://www.benzinga.com/quote/SSNC/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Rosenblatt slashed Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>) price target from $18 to $14. Rosenblatt analyst Kevin Cassidy maintained a Sell rating. Intel shares closed at $21.49 on Thursday. <a href="https://www.benzinga.com/quote/INTC/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
Considering buying T stock? Here&#8217;s what analysts think: 
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="597" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25085047/image-177-1024x597.png" alt="" class="wp-image-888747" style="width:602px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25085047/image-177-1024x597.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25085047/image-177-300x175.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25085047/image-177-768x448.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/04/25085047/image-177.png 1093w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
Read This Next: 
<ul>
<li><a href="https://www.benzinga.com/25/04/45001899/alphabet-intel-and-3-stocks-to-watch-heading-into-friday">Alphabet, Intel And 3 Stocks To Watch Heading Into Friday</a> </li>
</ul>
Photo via Shutterstock

Pre-Market Outlook

EEFT

INTC

ORLY

PLXS

SSNC

AT&T To Rally Around 9%? Here Are 10 Top Analyst Forecasts For Friday

Barclays analyst Benjamin Budish maintains Nasdaq (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) with a Overweight and lowers the price target from $86 to $84.

Barclays Maintains Overweight on Nasdaq, Lowers Price Target to $84

Nvidia Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>)&nbsp;announced NeMo microservices&nbsp;Wednesday, which helped enterprise IT quickly build <a target="_blank" href="https://www.benzinga.com/topic/nvidia" rel="noreferrer noopener">AI teammates that</a> tap into&nbsp;data flywheels&nbsp;to scale employee productivity. The microservices provide an end-to-end developer platform for creating state-of-the-art&nbsp;agentic AI&nbsp;systems and continually optimizing them with data flywheels informed by inference, business data, <a target="_blank" href="https://blogs.nvidia.com/blog/nemo-enterprises-ai-teammates-employee-productivity/" rel="noreferrer noopener">and user preferences</a>.
With a data flywheel, enterprise IT can onboard AI agents as digital teammates.
Also Read: <a target="_blank" href="https://www.benzinga.com/analyst-ratings/price-target/25/04/44934100/analyst-sticks-with-nvidia-despite-fallout-from-china-curbs" rel="noreferrer noopener">Analyst Sticks With Nvidia Despite Fallout From China Curbs</a>
These agents can tap into user interactions and data generated during AI inference to continuously improve model performance, turning usage into insight and insight into action.
NeMo microservices clients included AT&amp;T Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/T#NYSE">T</a>), BlackRock Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>), Cisco Systems, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>), and Nasdaq, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>).
NeMo microservices support a wide range of popular open models, including Llama, the&nbsp;Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) Phi&nbsp;family of small language models,&nbsp;Alphabet Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOG#NASDAQ">GOOG</a>) (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>) Google Gemma, Mistral, and&nbsp;Llama Nemotron&nbsp;Ultra, currently&nbsp;the top open model&nbsp;on scientific reasoning, coding, and complex math benchmarks.
Meta Platforms Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) has tapped Nvidia NeMo microservices through new connectors for Meta&nbsp;Llamastack. Users can access the same capabilities, including Customizer, Evaluator, and Guardrails, via APIs, enabling them to run the full suite of agent-building workflows within their environment.
BofA Securities analyst Vivek Arya chose Nvidia as the top AI pick, citing <a target="_blank" href="https://www.benzinga.com/25/04/44963215/nvidia-and-broadcom-chosen-as-top-semiconductor-picks-for-ai-leadership-and-custom-silicon-dominance-analyst" rel="noreferrer noopener">healthy demand for AI</a> computing with the ongoing shift toward compute-hungry test-time computing and reasoning models as additional catalysts.
Price Actions: NVDA stock is up 3.35% at $106.16 at the last check on Thursday.&nbsp;
Read Next:
<ul>
<li><a href="https://www.benzinga.com/25/04/44990084/taiwan-semiconductor-to-begin-production-of-14-nm-chips-in-2028-enhancing-ai-and-smartphone-performance" target="_blank" rel="noreferrer noopener">Taiwan Semiconductor To Begin Production Of Advanced 1.4nm Chips In 2028</a></li>
</ul>
Photo by Hepha1st0s via Shutterstock

Nvidia Powers Next-Gen Adaptive Digital AI Agents For Cisco, Nasdaq, And Meta

<a href="https://www.bloomberg.com/news/articles/2025-04-24/nasdaq-partners-with-amazon-web-to-move-more-markets-to-cloud" title="https://www.bloomberg.com/news/articles/2025-04-24/nasdaq-partners-with-amazon-web-to-move-more-markets-to-cloud">https://www.bloomberg.com/news/articles/2025-04-24/nasdaq-partners-with-amazon-web-to-move-more-markets-to-cloud</a>

"Nasdaq Partners With Amazon Web To Move Markets To Cloud" -Bloomberg

U.S. equities are pushing higher for a third straight session, eyeing the longest winning streak since the Trump tariff announcement on April 2, as optimism over corporate earnings and easing trade <a href="https://www.benzinga.com/markets">tensions boosts risk sentiment.</a>
Positive quarterly results and robust guidance from U.S. firms is fueling hopes the economy can weather the ongoing tariff headwinds and avoid a recession.
Meanwhile, signs of a potential thaw in the U.S.-China trade conflict emerged, with the White House reportedly considering exceptions for certain Chinese auto parts.
At midday trading in New York, the Nasdaq 100 surged 2.2%, climbing above the 19,000 mark for the first time in two weeks. The S&amp;P 500 advanced 1.5%, while the Dow Jones Industrial Average underperformed, rising 0.9%.
Technology stocks broadly outperformed, with strength concentrated in the Magnificent Seven and the semiconductor space.
Among major movers, ServiceNow Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NOW#NASDAQ">NOW</a>) soared 15% after reporting results that beat Wall Street expectations and issuing bullish forward guidance. In contrast, shares of International Business Machines Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>) slumped 8% as the tech giant showed lower-than-expected non-GAAP earnings. 
In the consumer staples sector, Procter &amp; Gamble (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PG#NYSE">PG</a>) dropped more than 5% after missing revenue estimates.
Treasury yields continued to ease, with yields on the 10-year Treasury down 5 basis points to 4.33%. 
Gold rebounded modestly after suffering a 2.7% slide on Wednesday. Natural gas prices extended their losing streak, plunging 4.9% and heading for a tenth consecutive negative session. 
In the crypto market, Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) eased 0.5% to trade at $93,300. 
<h2 class="wp-block-heading">Thursday&#8217;s Performance In Major US Indices, ETFs</h2>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,095.73</td>
<td>2.2%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,456.36</td>
<td>1.5%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>1,943.95</td>
<td>1.3%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>39,944.47</td>
<td>0.9%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated by 12:15 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) rose 1.5% up to $543.71.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) rose 0.9% to $399.51.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>)&nbsp;rallied 2.1% to $464.72.</li>
<li>The&nbsp;iShares Russell 2000 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) rallied 1.5% to $193.08.</li>
<li>The&nbsp;Technology&nbsp;Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) outperformed, up 3%; the&nbsp;Consumer Staples&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>) lagged, down 0.8%.</li>
</ul>
<h2 class="wp-block-heading">Thursday&#8217;s Stock Movers</h2>
Stocks reacting to earnings included: 
<ul>
<li>Chipotle Mexican Grill, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMG#NYSE">CMG</a>): up 0.6%</li>
<li>O'Reilly Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORLY#NASDAQ">ORLY</a>): down 3.1%</li>
<li>Raymond James Financial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RJF#NYSE">RJF</a>): up 0.7%</li>
<li>Molina Healthcare, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MOH#NYSE">MOH</a>): down 6.4%</li>
<li>Texas Instruments Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TXN#NASDAQ">TXN</a>): up 6.0%</li>
<li>FirstEnergy Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FE#NYSE">FE</a>): up 0.4%</li>
<li>ServiceNow, Inc. up 14.9%</li>
<li>Lam Research Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LRCX#NASDAQ">LRCX</a>): up 5.5%</li>
<li>ResMed Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RMD#NYSE">RMD</a>): up 10.0%</li>
<li>Discover Financial Services (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DFS#NYSE">DFS</a>): up 3.6%</li>
<li>International Business Machines Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IBM#NYSE">IBM</a>): down 7.6%</li>
<li>Newmont Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NEM#NYSE">NEM</a>): up 3.6%</li>
<li>Rollins, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROL#NYSE">ROL</a>): up 1.2%</li>
<li>United Rentals, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>): up 8.9%</li>
<li>Tyler Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TYL#NYSE">TYL</a>): down 3.0%</li>
<li>Edwards Lifesciences Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EW#NYSE">EW</a>): up 7.1%</li>
<li>Las Vegas Sands Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LVS#NYSE">LVS</a>): up 5.2%</li>
<li>Alaska Air Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>): down 9.7%</li>
<li>American Airlines Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAL#NASDAQ">AAL</a>): up 2.3%</li>
<li>PepsiCo, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PEP#NASDAQ">PEP</a>): down 4.1%</li>
<li>CBRE Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CBRE#NYSE">CBRE</a>): up 2.5%</li>
<li>Entergy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ETR#NYSE">ETR</a>): up 0.4%</li>
<li>The Procter &amp; Gamble Company: down 5.3%</li>
<li>Bristol-Myers Squibb Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMY#NYSE">BMY</a>): down 0.2%</li>
<li>Southwest Airlines Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>): down 0.2%</li>
<li>Valero Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VLO#NYSE">VLO</a>): down 1.8%</li>
<li>Comcast Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CMCSA#NASDAQ">CMCSA</a>): down 5.3%</li>
<li>Dow Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOW#NYSE">DOW</a>): up 2.1%</li>
<li>Willis Towers Watson Public Limited Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WTW#NASDAQ">WTW</a>): down 5.2%</li>
<li>Tractor Supply Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSCO#NASDAQ">TSCO</a>): down 4.8%</li>
<li>Hasbro, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HAS#NASDAQ">HAS</a>): up 16.1%</li>
<li>CMS Energy Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CMS#NYSE">CMS</a>): up 2.3%</li>
<li>Xcel Energy Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XEL#NASDAQ">XEL</a>): down 1.8%</li>
<li>CenterPoint Energy, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CNP#NYSE">CNP</a>): up 1.8%</li>
<li>LKQ Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LKQ#NASDAQ">LKQ</a>): down 10.7%</li>
<li>PG&amp;E Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PCG#NYSE">PCG</a>): down 0.8%</li>
<li>Keurig Dr Pepper Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KDP#NASDAQ">KDP</a>): down 0.6%</li>
<li>Freeport-McMoRan Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FCX#NYSE">FCX</a>): up 5.5%</li>
<li>Merck &amp; Co., Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MRK#NYSE">MRK</a>): down 0.6%</li>
<li>Nasdaq, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>): down 0.4%</li>
<li>L3Harris Technologies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LHX#NYSE">LHX</a>): up 0.4%</li>
<li>Pool Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POOL#NASDAQ">POOL</a>): down 6.1%</li>
<li>Dover Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOV#NYSE">DOV</a>): up 1.8%</li>
<li>West Pharmaceutical Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WST#NYSE">WST</a>): down 2.2%</li>
<li>Ameriprise Financial, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMP#NYSE">AMP</a>): down 0.2%</li>
<li>Fiserv, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FI#NYSE">FI</a>): down 16.4%</li>
<li>The Interpublic Group of Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IPG#NYSE">IPG</a>): up 3.4%</li>
<li>Allegion plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALLE#NYSE">ALLE</a>): up 9.7%</li>
<li>Union Pacific Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNP#NYSE">UNP</a>): down 3.1%</li>
</ul>
Stocks slated to report earnings after the bell include T-Mobile US, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TMUS#NASDAQ">TMUS</a>), VeriSign, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRSN#NASDAQ">VRSN</a>), Eastman Chemical Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EMN#NYSE">EMN</a>), Principal Financial Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PFG#NASDAQ">PFG</a>), Physicians Realty Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DOC#NYSE">DOC</a>), The Hartford Financial Services Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HIG#NYSE">HIG</a>), Weyerhaeuser Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WY#NYSE">WY</a>), Republic Services, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSG#NYSE">RSG</a>), Digital Realty Trust, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DLR#NYSE">DLR</a>), Gilead Sciences, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GILD#NASDAQ">GILD</a>), Erie Indemnity Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ERIE#NASDAQ">ERIE</a>), Alphabet Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GOOGL#NASDAQ">GOOGL</a>), and Intel Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/INTC#NASDAQ">INTC</a>).
Read also: 
<ul>
<li><a href="https://www.benzinga.com/25/04/44985682/apples-ai-delays-rising-cost-pressures-trigger-price-target-cut-from-bank-of-america">Apple AI Delays, Rising Cost Pressures Trigger Price Target Cut From Bank Of America</a></li>
</ul>
Photo: Shutterstock

Analyst Color

Equities

Large Cap

$BTC

ALLE

CBRE

CMCSA

SPDR Dow Jones Industrial Average ETF Trust

ERIE

GILD

LRCX

POOL

TMUS

TSCO

VRSN

Select Sector SPDR-Consumer Discretionary

Wall Street Rally Extends Into Third Day: What's Driving Markets Thursday?

Nasdaq Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) reported first-quarter financial results before the market open on Thursday. Here&#8217;s a look at the key details <a href="https://www.benzinga.com/pressreleases/25/04/g44974936/nasdaq-reports-first-quarter-2025-results-diversified-business-model-driving-broad-based-revenue-g">from the quarter</a>.
<ul>
<li>Q1 Revenue: $1.24 billion, versus <a href="https://www.benzinga.com/calendars/earnings">estimates</a> of $1.23 billion</li>
</ul>
<ul>
<li>Q1 Adjusted EPS: 79 cents, versus estimates of 77 cents</li>
</ul>
Total revenue was up 11% year-over-year and annual recurring revenue climbed 8% year-over-year to $2.8 billion. Solutions revenue grew 9% year-over-year as financial technology revenue increased 10% and index revenue jumped 14%. Market services revenue was up 19% year-over-year to $281 million.
&#8220;Nasdaq&#8217;s&nbsp;first quarter&nbsp;results underscore the resilience of our business model and our ability to deliver growth across our divisions in a rapidly shifting environment,&#8221; said chair and CEO Adena Friedman.
&#8220;As a trusted partner and platform company, we are empowering our clients to address their most pressing risks and challenges and confidently navigate complex macroeconomic conditions. With our portfolio of complementary, mission-critical solutions, we are well-positioned to deliver sustainable growth through 2025 and the medium-term.&#8221;
Nasdaq declared a quarterly dividend of 27 cents per share, payable on June 27 to shareholders of record as of June 13. 
In a separate <a href="https://www.benzinga.com/pressreleases/25/04/g44975007/nasdaq-and-aws-unlock-new-era-of-growth-for-global-capital-markets-with-next-generation-infrastruc">press release</a>, Nasdaq announced that the company and Amazon.com Inc&#8217;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) Amazon Web Services (AWS) will introduce a new suite of solutions including infrastructure, software, data management and services that will enable market operators to overcome modernization barriers. 
&#8220;Building on our 15-year partnership, Nasdaq and AWS are furthering our shared vision to develop technology that simplifies and streamlines capital markets,&#8221; said Matt Garman, CEO at AWS.
NDAQ Price Action: <a href="http://benzinga.com/quote/ndaq">Nasdaq shares</a> were up 1.01% at $74.24 at the time of publication Thursday, according to <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Photo: <a href="https://www.shutterstock.com/g/JHVEPhoto">JHVEPhoto</a>/Shutterstock.

Movers

Nasdaq Q1 Earnings: Revenue Beat, EPS Beat, Expanded Partnership With AWS And More

Earnings Beats

Nasdaq Q1 Adj. EPS $0.79 Beats $0.77 Estimate, Sales $1.24B Beat $1.23B Estimate

The Board of Directors of Nasdaq, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) has declared a regular quarterly dividend of $0.27 per share on the company&#39;s outstanding common stock, a 13% increase from the previous quarter. The dividend is payable on June 27, 2025 to shareholders of record at the close of business on June 13, 2025. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors.

Dividends

Nasdaq Hikes Quarterly Dividend From $0.24 To $0.27 Per Share

ADXN

ALEX

AMAL

AMBP

APOG

APPF

BAFN

BCPC

BELFA

BELFB

BFST

BHLB

BWMX

CIVB

CNOB

COUR

CUBI

CURB

DAIO

DGICA

DGICB

FARO

FBIZ

FCFS

FCNCA

FFBC

FRME

GBCI

GLPI

GNFT

HELE

HFWA

IBCP

INDV

ITGR

KNSL

KRNY

LADR

LYTS

MBLY

MGRC

MMSI

MOFG

Earnings Scheduled For April 24, 2025

Nasdaq (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) is preparing to release its quarterly earnings on Thursday, 2025-04-24. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Nasdaq to report an earnings per share (EPS) of $0.76.
Investors in Nasdaq are eagerly awaiting the company's announcement, hoping for news of surpassing estimates and positive guidance for the next quarter.
It's worth noting for new investors that stock prices can be heavily influenced by future projections rather than just past performance.
<h3>Earnings Track Record</h3>
During the last quarter, the company reported an EPS beat by $0.01, leading to a 0.67% increase in the share price on the subsequent day.
Here's a look at Nasdaq's past performance and the resulting price change:

<table>
<thead>
<tr>
<th>Quarter</th>
<th>Q4 2024</th>
<th>Q3 2024</th>
<th>Q2 2024</th>
<th>Q1 2024</th>
</tr>
</thead>
<tbody>
<tr>
<td>EPS Estimate</td>
<td>0.75</td>
<td>0.69</td>
<td>0.64</td>
<td>0.65</td>
</tr>
<tr>
<td>EPS Actual</td>
<td>0.76</td>
<td>0.74</td>
<td>0.69</td>
<td>0.63</td>
</tr>
<tr>
<td>Price Change %</td>
<td>1.0%</td>
<td>-1.0%</td>
<td>-0.0%</td>
<td>-0.0%</td>
</tr>
</tbody>
</table>

<img src="https://www.benzinga.com/files/images/story/2025/1745431253_0.png" alt="eps graph" />
<h3>Tracking Nasdaq's Stock Performance</h3>
Shares of Nasdaq were trading at $72.69 as of April 22. Over the last 52-week period, shares are up 21.97%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release. 
<h3>Insights Shared by Analysts on Nasdaq</h3>
For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Nasdaq.
Nasdaq has received a total of 11 ratings from analysts, with the consensus rating as Outperform. With an average one-year price target of $90.0, the consensus suggests a potential 23.81% upside.
<h3>Analyzing Ratings Among Peers</h3>
The analysis below examines the analyst ratings and average 1-year price targets of Coinbase Global, Tradeweb Markets and FactSet Research Systems, three significant industry players, providing valuable insights into their relative performance expectations and market positioning.
<ul>
<li>Analysts currently favor an Buy trajectory for Coinbase Global, with an average 1-year price target of $309.28, suggesting a potential 325.48% upside.</li>
<li>Analysts currently favor an Buy trajectory for Tradeweb Markets, with an average 1-year price target of $165.17, suggesting a potential 127.23% upside.</li>
<li>Analysts currently favor an Neutral trajectory for FactSet Research Systems, with an average 1-year price target of $455.86, suggesting a potential 527.13% upside.</li>
</ul>
<h3>Summary of Peers Analysis</h3>
The peer analysis summary outlines pivotal metrics for Coinbase Global, Tradeweb Markets and FactSet Research Systems, demonstrating their respective standings within the industry and offering valuable insights into their market positions and comparative performance.

<table>
<thead>
<tr>
<th>Company</th>
<th>Consensus</th>
<th>Revenue Growth</th>
<th>Gross Profit</th>
<th>Return on Equity</th>
</tr>
</thead>
<tbody>
<tr>
<td>Nasdaq</td>
<td>Outperform</td>
<td>23.25%</td>
<td>$811M</td>
<td>3.19%</td>
</tr>
<tr>
<td>Coinbase Global</td>
<td>Buy</td>
<td>138.17%</td>
<td>$1.72B</td>
<td>13.57%</td>
</tr>
<tr>
<td>Tradeweb Markets</td>
<td>Buy</td>
<td>25.23%</td>
<td>$311.14M</td>
<td>2.47%</td>
</tr>
<tr>
<td>FactSet Research Systems</td>
<td>Neutral</td>
<td>4.53%</td>
<td>$301.06M</td>
<td>7.16%</td>
</tr>
</tbody>
</table>

Key Takeaway:
Nasdaq ranks highest in Revenue Growth among its peers. It has the lowest Gross Profit and Return on Equity compared to others.
<h3>Discovering Nasdaq: A Closer Look</h3>
Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its trading business (about 22.5% of sales), the company sells market and financial data to investors, offers Nasdaq-branded indexes, and lists companies through its capital access segment (42.5%). Nasdaq's newest segment, financial technology, was primarily constructed through the acquisitions of Verafin and Adenza and has expanded the company into capital management, financial crime, and regulatory compliance software (35%) as the firm seeks to become a diversified technology company.
<h3>Nasdaq's Economic Impact: An Analysis</h3>
Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.
Revenue Growth: Nasdaq displayed positive results in 3 months. As of 31 December, 2024, the company achieved a solid revenue growth rate of approximately 23.25%. This indicates a notable increase in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Nasdaq's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 17.49%, the company may face hurdles in effective cost management.
Return on Equity (ROE): Nasdaq's ROE stands out, surpassing industry averages. With an impressive ROE of 3.19%, the company demonstrates effective use of equity capital and strong financial performance.
Return on Assets (ROA): Nasdaq's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 1.16%, the company may face hurdles in achieving optimal financial returns.
Debt Management: With a below-average debt-to-equity ratio of 0.88, Nasdaq adopts a prudent financial strategy, indicating a balanced approach to debt management.
<a href="https://www.benzinga.com/quote/NDAQ/earnings">To track all earnings releases for Nasdaq visit their earnings calendar on our site.</a>
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Nasdaq's Earnings Outlook

Barclays analyst Benjamin Budish maintains Nasdaq (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) with a Overweight and lowers the price target from $87 to $86.

Barclays Maintains Overweight on Nasdaq, Lowers Price Target to $86

Nasdaq's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NYSE">NDAQ</a>) short percent of float has risen 9.27% since its last report. The company recently reported that it has 6.09 million shares sold short, which is 1.65% of all regular shares that are available for trading. Based on its trading volume, it would take traders 2.41 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">List of the most shorted stocks</a>
<h3>Nasdaq Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1744657222_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for Nasdaq has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing Nasdaq's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://www.benzinga.com/pro/">Benzinga Pro</a>, Nasdaq's peer group average for short interest as a percentage of float is 3.34%, which means the company has less short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze?adType=benzinga-insights&amp;ad=short-interest&amp;campaign=wallstreetadvantage">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

Short Sellers

Short Ideas

How Do Investors Really Feel About Nasdaq?

Oppenheimer analyst Owen Lau maintains Nasdaq (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) with a Outperform and lowers the price target from $89 to $85.

Oppenheimer Maintains Outperform on Nasdaq, Lowers Price Target to $85

WIIM

ALLY

ARCC

ARES

CADE

EWBC

FITB

HBAN

HOMB

HSBC

NTRS

RITM

SCHW

SOFI

SPGI

TROW

VOYA

ZION

Shares of banks and financial services companies are trading lower as stocks pull back after surging Wednesday following President Trump's tariff pause announcement.

RBC Capital analyst Ashish Sabadra reiterates Nasdaq (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) with a Outperform and maintains $95 price target.

Reiteration

RBC Capital Reiterates Outperform on Nasdaq, Maintains $95 Price Target

ACGL

BXSL

COLB

DBRG

FULT

FUTU

OBDC

UPST

Shares of banks and financial services companies are trading higher amid an overall market surge following President Trump's decision to implement a 90-day pause on reciprocal tariffs for all countries except China.

Dave Portnoy, the outspoken founder of Barstool Sports, <a href="https://x.com/stoolpresidente/status/1907812997105373364">posted</a> a simple question on X&nbsp; last week that hit a nerve in the crypto world: &#8220;If the point of Bitcoin is to be independent of the U.S. Dollar and nonregulated, why does it basically trade exactly like the U.S. stock market nowadays?&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">I have a dumb bitcoin/crypto question. If the point of Bitcoin is to be independent of the US Dollar and non regulated why does it basically trade exactly like the Us stock market nowadays? Market up bitcoin up. Market down bitcoin down.
&mdash; Dave Portnoy (@stoolpresidente) <a href="https://twitter.com/stoolpresidente/status/1907812997105373364?ref_src=twsrc%5Etfw">April 3, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Don't Miss:
<ul>
<li>Hasbro, MGM, and Skechers trust this AI marketing firm — <a href="https://www.benzinga.com/money/rad-intel">invest pre-IPO from $0.55 per share now</a>.</li>
<li><a href="https://www.benzinga.com/money/are-you-rich">Are you rich?</a> Here&#8217;s what Americans think you need to be considered wealthy.</li>
</ul>
That one line summed up what a lot of casual investors have been wondering, especially as Bitcoin and crypto stocks took a dive following President Donald Trump's new round of tariffs on Wednesday.
<h2 class="wp-block-heading">Bitcoin Drops After Tariff News</h2>
Bitcoin had been hovering near $88,000 before Trump&#8217;s announcement. Not long after the tariff policy was unveiled, it slipped below $83,000. It wasn&#8217;t alone. Stocks tanked in after-hours trading, with tech-heavy ETFs like Invesco QQQ (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) falling 4%.
Crypto-linked stocks also followed the same trend. MicroStrategy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSTR#NASDAQ">MSTR</a>) dropped 7%, Coinbase (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>) fell 6%, and Robinhood (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>) lost 9%.
So much for being &#8220;independent.&#8221;
Trending: Have $200K saved?<a href="https://www.benzinga.com/money/have-200k-saved-heres-how-to-turn-it-into-lasting-wealth"> Here's how to turn it into lasting wealth</a>
<h2 class="wp-block-heading">Why Does Bitcoin Move With Stocks?</h2>
Plenty of people chimed in to answer Portnoy's question. Some pointed to institutional involvement, others blamed emotions, and a few leaned on technical analysis.
&#8220;Bitcoin trades like a risk asset short term because it&#8217;s the most liquid, salable, 24/7 asset on Earth,&#8221; said MicroStrategy Executive Chairman Michael Saylor. &#8220;In times of panic, traders sell what they can, not what they want to.&#8221;
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Bitcoin trades like a risk asset short term because it&#39;s the most liquid, salable, 24/7 asset on Earth. In times of panic, traders sell what they can, not what they want to. Doesn't mean it's correlated long-term—just means it's always available.
&mdash; Michael Saylor (@saylor) <a href="https://twitter.com/saylor/status/1907973435478732990?ref_src=twsrc%5Etfw">April 4, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
And then there&#8217;s plain logic. &#8220;If you needed to pay rent what are you selling first? Apple stock or your crypto bags?&#8221; one user wrote.
Another replied, &#8220;Boom. When you realize big money has already hijacked bitcoin and it's no different than the stock market anymore.&#8221;
Others got sarcastic: &#8220;Day 1 of the bear market: Portnoy discovers what correlation means.&#8221; And: &#8220;It used to be a currency before it was hijacked and turned into a collectible.&#8221; Prominent analyst Benjamin Cowen also piled on, saying, &#8220;How can you be your age and write something like that?&#8221;
Some users defended Bitcoin&#8217;s original intent. &#8220;Traders are the froth. Hodlers are the floor,&#8221; one said. Another added, &#8220;Bitcoin is the best-performing asset over the last 15 years.&#8221;
See Also: If there was a new fund backed by Jeff Bezos offering a <a href="https://www.benzinga.com/money/arrived-private-credit-fund">7-9% target yield with monthly dividends would you invest in it</a>?
<h2 class="wp-block-heading">Tariffs, Inflation, and Market Fear</h2>
This latest Bitcoin drop didn&#8217;t come out of nowhere. Wall Street was already reeling from inflation data and weak consumer sentiment. On Friday, a few days before &#8220;Liberation Day,&#8221; The Dow Jones Industrial Average <a href="https://www.benzinga.com/personal-finance/25/04/44626208/crypto-market-update-as-wall-street-sells-off-is-bitcoin-showing-strength-for-the-weeks-ahead">fell over 700 points</a>, the S&amp;P 500 slid 2%, and the Nasdaq (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NDAQ#NASDAQ">NDAQ</a>) lost nearly 3%.
Then came Trump's tariff announcement, renewing trade war fears. The Atlanta Fed&#8217;s GDPNow <a href="https://www.atlantafed.org/cqer/research/gdpnow">forecast</a> now shows a 2.8% GDP decline for Q1, up from -3.7% on April 1.
While Bitcoin has shown some resilience compared to stocks, it's still moving in the same direction when fear hits.
<h2 class="wp-block-heading">Could Bitcoin Break Away?</h2>
Some still believe in one of Bitcoin's original promises: a <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44628685/bitcoin-is-a-realistic-global-reserve-asset-experts-say">decentralized hedge against economic chaos</a>. But for now, most agree that Bitcoin is still a risk-on asset, and it trades like one.&nbsp;
As Portnoy pointed out, it looks more and more like <a href="https://www.benzinga.com/markets/cryptocurrency/25/04/44631522/bitcoin-as-trump-tariff-safe-haven-not-yet-but-might-decouple-over-time-expert-says">just another part of the system</a> it was meant to replace—&#8221;Market up, bitcoin up. Market down, bitcoin down.&#8221; Or, as Ross Gerber, CEO of Gerber Kawasaki, <a href="https://x.com/GerberKawasaki/status/1907928295104196974">said</a>, &#8220;BTC price movements are related to sentiment. Risk on, up. Risk off, down.&#8221;
Read Next:
<ul>
<li>BlackRock is calling 2025 the year of alternative assets. <a href="https://www.benzinga.com/money/masterworks">One firm from NYC has quietly built a group of 60,000+ investors who have all joined in on an alt asset class previously exclusive to billionaires like Bezos and Gates.</a></li>
<li>Can you guess how many retire with a $5,000,000 nest egg? <a href="https://www.benzinga.com/money/5mil-nest-egg-adv">The percentage may shock you</a>.</li>
</ul>

COIN

MSTR

Dave Portnoy Says What Many Are Thinking, 'If Bitcoin's Supposed To Be Independent of Dollar, Why Does It Trade Just Like The Stock Market?'

Press Releases

Delisting of Securities of Patria Latin American Opportunity Acquisition Corp.; Trevena, Inc.; Seelos Therapeutics, Inc.; DP Cap Acquisition Corp I; Chain Bridge I; Qomolangma Acquisition Corp.; Gaucho Group Holdings, Inc.; Mountain Crest Acquisition Corp. V; and bleuacacia ltd from The Nasdaq Stock Market

General

Nasdaq Champions Smart Regulatory Reform to Strengthen the World's Leading Capital Markets and Drive American Economic Growth

Nasdaq Reports March 2025 Volumes and 1Q25 Statistics

Nasdaq Announces End-of-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date March 31, 2025

Nasdaq Reports First Quarter 2025 Results; Diversified Business Model Driving Broad-Based Revenue Growth

Nasdaq and AWS Unlock New Era of Growth for Global Capital Markets with Next Generation Infrastructure Solutions

Nasdaq Announces 13% Increase in Quarterly Dividend to $0.27 Per Share

Nasdaq Announces Mid-Month Open Short Interest Positions in Nasdaq Stocks as of Settlement Date April 15, 2025

Delisting of Securities of TLGY Acquisition Corporation; Target Global Acquisition I Corp.; Inception Growth Acquisition Limited; Healthcare AI Acquisition Corp.; Globalink Investment Inc.; BurTech Acquisition Corp; Mountain & Co. I Acquisition Corp.; Pearl Holdings Acquisition Corp; Alpha Star Acquisition Corporation; CF Acquisition Corp. VII; Kairous Acquisition Corp. Limited; Finnovate Acquisition Corp.; Exela Technologies, Inc.; Investcorp Europe Acquisition Corp I; Molecular Templates, Inc.

Comments

Nasdaq

뉴스

파트너 / 기고자

벤징가 글로벌