Nasdaq beats profit estimates on strong demand for investment products

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Index revenues at Nasdaq grew 15%, while revenue from its anti-financial-crime unit, which offers solutions for detecting financial fraud, jumped 21...

- Nasdaq on Wednesday reported third-quarter profit that beat Wall Street estimates, helped by stronger demand for its indexes and anti-financial-crime products.

That helped the company post an adjusted profit of 71 cents per share, while analysts on an average had expected 68 cents per share, according to LSEG IBES data. Softbank-backed Arm and grocery delivery app Instacart were among the big names that debuted on the Nasdaq during the quarter, aiming for rich valuations.

'That blew up in my face': This college student lives free in her uncle's investment property — but still collects rent from her friends and pockets the cash. Is she 'greedy' or resourceful?Telecom stocks such as BCE offer exposure to high dividend yields, stable and resilient results, and security. The post Telecom Titans: Canada’s High Dividend Yielding Communication Stocks appeared first on The Motley Fool Canada.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in US

United States United States Latest News, United States United States Headlines