{"filings":[{"id":1811876,"accession_number":"0001120193-26-000011","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2026-07-23T11:24:25+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"Nasdaq Q2 net revenue $1.5B (+15% YoY); non-GAAP EPS $1.07 (+25%); raises expense guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP diluted EPS $0.89 (+14% YoY); non-GAAP diluted EPS $1.07 (+25% YoY).","Solutions revenue $1.16B (+17% YoY); Index revenue $271M (+38% YoY); ARR $3.26B (+11% YoY).","Updated 2026 non-GAAP operating expense guidance to $2.53B-$2.57B; tax rate guidance unchanged 22.5%-24.5%.","Returned $174M in dividends and $356M in share repurchases in Q2; quarterly dividend declared at $0.31/share.","Listed SpaceX (largest IPO in exchange history); Index ETP AUM surpassed $1 trillion."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1389356,"accession_number":"0001193125-26-292723","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2026-07-01T20:47:02+00:00","items":["1.01","1.02","2.03","9.01"],"status":"ready","headline":"Nasdaq enters into $1.5B amended revolving credit facility maturing 2031","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New $1.5B senior unsecured five-year revolving credit facility, matures June 30, 2031.","Option to increase commitments by up to $1.0B, subject to customary conditions.","Leverage ratio covenant not greater than 3.75:1; can be increased to 4.50:1 for acquisitions.","No loans outstanding under the facility as of July 1, 2026.","Interest margins range from 87.5 to 150 bps for Benchmark loans based on debt ratings."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":1085116,"accession_number":"0001193125-26-272736","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2026-06-16T20:40:16+00:00","items":["5.07"],"status":"ready","headline":"Nasdaq shareholders elect all 12 directors, approve say-on-pay and auditor at 2026 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 12 director nominees elected; Charlene Begley received 30.3M against votes (8% of votes cast).","Advisory say-on-pay approved: 357.9M for, 13.5M against, 1.3M abstain.","Ernst & Young ratified as auditor for FY 2026: 376.6M for, 22.1M against, 167k abstain.","Vote totals exclude shares subject to 5% voting limitation per charter; broker non-votes ranged from 0 to 26.2M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":91395,"accession_number":"0001193125-26-171829","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2026-04-23T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"Nasdaq reports Q1 2026 net revenue up 14% to $1.4B and increases quarterly dividend to $0.31 per share","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 2026 net revenue of $1.4B, up 14% YoY, with 13% organic growth.","GAAP diluted EPS rose 33% to $0.91; non-GAAP diluted EPS rose 22% to $0.96.","Annualized Recurring Revenue (ARR) reached $3.2B, up 13% YoY (12% organic).","Board declared quarterly dividend of $0.31 per share, payable June 26, 2026, to holders of record June 12, 2026.","Returned $701M to shareholders in Q1: $153M in dividends and $548M in share repurchases."],"consensus_eps_estimate":null,"consensus_eps_actual":0.91,"consensus_revenue_estimate":null,"consensus_revenue_actual":2137000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":101449,"accession_number":"0001193125-26-028185","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2026-01-29T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"Nasdaq 2025 net revenue tops $5.2B (+13% YoY); Q4 GAAP EPS $0.90, non-GAAP $0.96; declares $0.27 dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full-year 2025 net revenue of $5.249B (+13% YoY); Solutions revenue $4.011B (+12%).","Q4 GAAP EPS $0.90 (+47% YoY); non-GAAP diluted EPS $0.96 (+27% YoY).","ARR $3.1B (+10% YoY); FinTech revenue $498M (+14%); Index revenue $232M (+23%) with $99B LTM net inflows.","2026 non-GAAP opex guidance $2.455B-$2.535B; tax rate 22.5%-24.5%.","Quarterly dividend of $0.27 per share declared, payable March 30, 2026 to holders of record March 16, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":3.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":8262000000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":101448,"accession_number":"0001193125-26-015293","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2026-01-16T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Nasdaq adopts charter amendment for officer exculpation and modernizes bylaws","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholder-approved charter amendment to limit officer liability (exculpation) filed with Delaware, effective Jan 14, 2026, after SEC approval.","Bylaws amended to modernize advance notice for stockholder nominations and business proposals, including universal proxy card provisions.","Bylaws updated for Delaware General Corporation Law changes, emergency provisions, and exclusive forum clause for certain claims.","Amendments provide operational flexibility and clarify administrative provisions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117819,"accession_number":"0001193125-25-319238","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2025-12-15T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Nasdaq increases 2028 and 2052 note tender caps to $100M total; early settlement Dec 17","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Increased 2028 notes cap to $83,011,000 and 2052 notes cap to $16,989,000; removed $95M maximum tender payment.","Total consideration set at $1,033.67 per $1,000 principal for 2028 notes and $777.38 for 2052 notes, including $30 early tender premium.","Acceptance prorated: 29% for 2028 notes ($287.7M tendered vs $83.0M cap), 19% for 2052 notes ($88.9M tendered vs $17.0M cap).","Early settlement date Dec 17; remaining tender offers expire Dec 30, but no further acceptances as caps exceeded.","Funding from available cash and other liquidity sources."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117818,"accession_number":"0001193125-25-303909","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2025-12-01T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Nasdaq launches $95M tender offer for 2028 and 2052 notes","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Up to $95M aggregate purchase price; $80M sub-cap for 5.350% 2028 notes, $10M sub-cap for 3.950% 2052 notes.","Early tender deadline Dec 12, 2025 at 5 PM ET; early tender premium $30 per $1,000 principal.","Company to fund with available cash on hand to reduce outstanding public debt.","Notes tendered after early date but before Dec 30, 2025 expiration receive Tender Offer Consideration (no premium)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":117817,"accession_number":"0001193125-25-244271","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2025-10-21T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"Nasdaq Q3 net revenue $1.3B (+15% YoY); ARR reaches $3B milestone","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenue $1.3B (+15% YoY); Solutions revenue surpassed $1B for first time; ARR $3.0B (+10%).","GAAP diluted EPS $0.73 (+38%); Non-GAAP diluted EPS $0.88 (+19%).","Financial Technology revenue $457M (+23%); Index revenue $206M (+13%, $91B net inflows TTM).","2025 non-GAAP op expense guidance raised to $2.305-2.335B; non-GAAP tax rate lowered to 22.5-23.5%.","Quarterly dividend $0.27/share declared, payable Dec 19 to holders of record Dec 5."],"consensus_eps_estimate":null,"consensus_eps_actual":2.19,"consensus_revenue_estimate":null,"consensus_revenue_actual":6138000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":134260,"accession_number":"0001193125-25-163817","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2025-07-24T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"Nasdaq Q2 net revenue $1.306B (+13% YoY), GAAP EPS $0.78 (+103%), non-GAAP EPS $0.85 (+24%)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenue $1.306B (+13% YoY); GAAP diluted EPS $0.78 (+103%), non-GAAP diluted EPS $0.85 (+24%).","ARR $2.931B (+10% YoY); Index revenue $196M (+17%) with $20B net inflows in Q2.","FinTech revenue $464M (+10%); 57 new clients, 130 upsells, record 7 cross-sells in Q2.","Market Services net revenue $306M (+22%) driven by record U.S. cash equities volumes; $400M debt repaid.","Quarterly dividend $0.27/share declared, payable Sept 26 to record Sept 12; $155M returned via dividends in Q2."],"consensus_eps_estimate":null,"consensus_eps_actual":1.46,"consensus_revenue_estimate":null,"consensus_revenue_actual":4180000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":151041,"accession_number":"0001193125-25-141406","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2025-06-16T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Nasdaq elects 12 directors, approves compensation, ratifies E&Y, passes officer exculpation amendment","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All 12 director nominees elected with >95% of votes cast; Holden Spaht received 390.8M for votes.","Executive compensation approved on advisory basis with 374.96M for (96% of votes cast).","Ernst & Young ratified as independent auditor for FY2025 with 393.77M for (95% approval).","Charter amendment to allow limited officer exculpation passed with 353.2M for (90% of votes cast).","Broker non-votes totaled ~24.97M shares on director elections, compensation, and charter amendment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":151040,"accession_number":"0001193125-25-092227","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2025-04-24T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"Nasdaq Q1 revenue $1.24B (+11% YoY), EPS $0.68 GAAP (+69%), div raised 13% to $0.27","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenue $1.237B (+11% YoY, +12.5% adjusted); GAAP diluted EPS $0.68 (+69%), non-GAAP $0.79 (+24%).","Solutions revenue $947M (+9% YoY, +11% adjusted); ARR $2.83B (+8%, +9% organic); FinTech $432M (+10%).","Market Services net revenue $281M (+19%); Index revenue $193M (+14%, +26% adjusted); $86B net inflows TTM.","Quarterly dividend raised 13% to $0.27 per share, payable June 27 to holders of record June 13, 2025.","Updated 2025 non-GAAP opex guidance to $2.265-$2.325B; maintained tax rate 22.5%-24.5%; Moody's upgraded debt to Baa1."],"consensus_eps_estimate":null,"consensus_eps_actual":0.68,"consensus_revenue_estimate":null,"consensus_revenue_actual":2090000000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169936,"accession_number":"0001193125-25-053028","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2025-03-12T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Nasdaq enters new employment agreements with CEO Friedman, President Cohen, and CIO Peterson","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CEO Adena Friedman's agreement runs through Jan 1, 2030; base salary $1.4M, target bonus 300%, 2025 equity award at least $15M.","President Tal Cohen's agreement runs through Jan 1, 2030; base $750k, target bonus 200%, plus one-time $7M equity grant.","CIO Bradley Peterson's agreement runs through Jan 1, 2028; base $650k, target bonus 175%, 2025 equity award $3.2M.","All agreements include enhanced severance for qualifying termination and change-in-control protection.","Executives may give 12-month retirement notice: Friedman after Dec 31, 2027; Cohen after Jan 1, 2027; Peterson after Dec 31, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169935,"accession_number":"0001193125-25-035244","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2025-02-25T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Nasdaq increases debt tender cap to $218M, accepts all tendered notes across three series","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Aggregate cap raised from $200M to $218,053,000; total purchase price ~$197M plus accrued interest.","Accepted $41.36M of 5.350% 2028 notes (12% proration), $57.58M of 5.550% 2034 notes (13%), $119.11M of 3.950% 2052 notes (49%).","Early tender premium of $30 per $1,000 included; Total Consideration per $1,000: 2028: $1,023.63, 2034: $1,035.58, 2052: $794.48.","Early settlement on Feb 27, 2025; funded with available cash; all accepted notes will be retired and canceled.","Oversubscribed on early date; no further notes will be accepted after Early Tender Date; withdrawal rights expired."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169934,"accession_number":"0001193125-25-023569","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2025-02-10T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Nasdaq launches tender offers for up to $200M of three note series; early tender deadline Feb 24","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Offers to purchase up to $200M aggregate principal: $40M of 5.35% notes due 2028, $50M of 5.55% notes due 2034, $110M of 3.95% notes due 2052.","Early tender premium of $30 per $1,000 principal for notes tendered by Feb 24, 2025 (5:00 PM NY time).","Total consideration includes fixed spread over referenced UST yields; settlement expected March 14, 2025 (early settlement possible Feb 27).","Funding from available cash and other liquidity; purpose is to reduce total outstanding public debt.","No minimum tender condition; J.P. Morgan Securities LLC serves as dealer manager."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":169933,"accession_number":"0001193125-25-014912","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2025-01-29T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"Nasdaq Q4 net revenue up 10%, non-GAAP EPS +5%; declares $0.24 dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["2024 non-GAAP net revenue $4.683B, up 9% adjusted; Q4 net revenue $1.227B, up 10%.","GAAP diluted EPS Q4 $0.61 (+72% YoY); full year $1.93 (-7%). Non-GAAP Q4 $0.76 (+5%), full year $2.82 (flat).","ARR $2.768B, +7% YoY; Financial Tech ARR up 12% organic; Index revenue $188M (+29%).","Quarterly dividend $0.24/share, payable March 28, 2025 to holders of record March 14, 2025.","2025 guidance: non-GAAP op. expense $2,245M-$2,325M; tax rate 22.5%-24.5%."],"consensus_eps_estimate":null,"consensus_eps_actual":1.93,"consensus_revenue_estimate":null,"consensus_revenue_actual":7400000000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":186988,"accession_number":"0001193125-24-242283","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2024-10-24T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"Nasdaq Q3 net revenue up 22% to $1.15B; non-GAAP EPS $0.74, up 5% YoY; declares $0.24 dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP diluted EPS $0.53 (down 11% YoY); non-GAAP diluted EPS $0.74 (up 5% YoY).","Non-GAAP net revenue $1.18B, up 26% YoY; Solutions revenue $906M up 31% (pro forma 10%).","ARR $2.736B, up 31% YoY; Financial Technology revenue $371M up 56% (pro forma 10%).","Quarterly dividend $0.24 per share, payable Dec 20, record Dec 6, 2024.","2024 non-GAAP OpEx guidance updated to $2.15-2.18B; tax rate 23.5-24.5%."],"consensus_eps_estimate":null,"consensus_eps_actual":1.32,"consensus_revenue_estimate":null,"consensus_revenue_actual":5370000000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":203521,"accession_number":"0001193125-24-215181","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2024-09-06T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Nasdaq names Stephanie Champion EVP & Head of Verafin; 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GAAP EPS $0.38 (-30%), non-GAAP $0.69 (-3%)","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenues $1.2B up 25% YoY (10% pro forma); Solutions revenues $901M up 34%.","GAAP diluted EPS $0.38 (-30%); non-GAAP diluted EPS $0.69 (-3%), but up 7% organically.","Annualized Recurring Revenue (ARR) $2.668B, up 29% YoY (7% pro forma).","Board declared quarterly dividend $0.24/share, payable Sep 27 to holders of record Sep 13.","2024 non-GAAP operating expense guidance updated to $2,145M-$2,185M; deleveraging target achieved."],"consensus_eps_estimate":null,"consensus_eps_actual":0.79,"consensus_revenue_estimate":null,"consensus_revenue_actual":3469000000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219974,"accession_number":"0001193125-24-161624","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2024-06-14T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Nasdaq shareholders elect all 12 director nominees, reject special-meeting proposal","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All 12 director nominees elected with over 96% FOR votes each (excluding broker non-votes).","Executive compensation approved on advisory basis: 333M FOR, 8.5M AGAINST.","Ernst & Young ratified as auditor for FY2024: 344.5M FOR, 21.7M AGAINST.","Shareholder proposal 'Special Shareholder Meeting Improvement' defeated with 256.6M against vs 85.3M for."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219973,"accession_number":"0001193125-24-130753","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2024-05-03T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Nasdaq registers 85.6M shares for resale by selling stockholder","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Filed prospectus supplement to register up to 85,608,414 shares of common stock for resale by an unnamed selling stockholder.","Shares represent roughly 15% of outstanding equity based on recent filings, creating potential overhang.","Registration does not involve new issuance; existing shareholder shares are being registered for secondary sale.","Legal opinion from Wachtell Lipton on share validity was filed as Exhibit 5.1 with the 8-K."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219972,"accession_number":"0001193125-24-125075","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2024-04-30T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Nasdaq files pro forma financials for Adenza acquisition; combined EPS $1.65 vs historical $2.08","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Adenza full-year 2023 revenue $583M, GAAP operating income $174M, non-GAAP operating income $331M.","Pro forma combined net income attributable to Nasdaq $839M, diluted EPS $1.65 for year ended Dec 31, 2023.","Pro forma adjustments include $153M incremental intangible amortization from acquisition.","Filing supports new Registration Statement on Form S-3; acquisition closed Nov 1, 2023.","Issued 85.6M Nasdaq shares at $48.71 as part of purchase consideration of $9.94B."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":219971,"accession_number":"0001193125-24-111540","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2024-04-25T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"Nasdaq Q1 net rev $1.12B (+22%), GAAP EPS $0.40 (-34%), raises dividend 9% to $0.24","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Solutions revenue $871M (+35% YoY, +11% organic); Index revenue $168M (+53%), ETP AUM >$500B.","Market Services net rev $237M (-9% YoY) on declines in U.S. equity derivatives, tape plan, cash equities.","Non-GAAP diluted EPS $0.63 (-9% reported, +6% organic); non-GAAP op expense guidance updated to $2,125-2,185M.","Quarterly dividend increased 9% to $0.24/share, payable June 28 to holders of record June 14.","Returned $127M via dividends; no share repurchases in Q1; repaid remaining $340M term loan balance."],"consensus_eps_estimate":null,"consensus_eps_actual":0.4,"consensus_revenue_estimate":null,"consensus_revenue_actual":1674000000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":239718,"accession_number":"0001193125-24-075204","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2024-03-22T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Borse Dubai completes secondary offering of 31M Nasdaq shares; 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non-GAAP diluted EPS $0.71 (+3%).","Solutions Businesses rev $674M (+6%, organic 6%); ARR $2,073M (+6%).","Anti-Financial Crime revenue +19%; Verafin signed 2 Tier-1 and 2 Tier-2 banks in Q2.","FY 2023 non-GAAP opex guidance updated to $1,785M-$1,815M; tax rate 24%-26%.","Quarterly dividend declared $0.22/share, payable Sept 29, record Sept 15."],"consensus_eps_estimate":null,"consensus_eps_actual":1.15,"consensus_revenue_estimate":null,"consensus_revenue_actual":2966000000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":291864,"accession_number":"0001193125-23-177619","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2023-06-28T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Nasdaq issues $4.5B in senior notes and secures $600M term loan to fund Adenza acquisition","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Issued $4.25B USD senior notes (5.650% 2025, 5.350% 2028, 5.550% 2034, 5.950% 2053, 6.100% 2063) and €750M 4.500% notes due 2032.","Entered $600M unsecured term loan credit agreement with Bank of America as administrative agent; funded on closing of Adenza acquisition.","Special mandatory redemption at 101% if Adenza acquisition not consummated by September 2024 or abandoned.","Terminated existing 364-day bridge loan facility in connection with the new financing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":291863,"accession_number":"0001193125-23-176140","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2023-06-27T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Nasdaq shareholders elect all 11 directors, approve say-on-pay, reject independent board chair proposal","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All 11 director nominees elected with majority support; Adena Friedman received ~276M votes.","Say-on-pay advisory approved: ~277.6M for, ~16.2M against.","Advisory vote on frequency: ~290.9M voted for every year; company will hold annual say-on-pay votes.","Ratification of Ernst & Young as auditor passed: ~303.1M for, ~14.0M against.","Shareholder proposal for independent board chairman rejected: ~82.5M for, ~211.4M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":291862,"accession_number":"0001193125-23-173987","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2023-06-23T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Nasdaq prices $4.25B USD and €750M senior notes offerings to fund Adenza acquisition","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Priced $4.25B in USD notes: $500M at 5.650% due 2025, $1B at 5.350% due 2028, $1.25B at 5.550% due 2034, $750M at 5.950% due 2053, $750M at 6.100% due 2063.","Priced €750M at 4.500% senior notes due 2032.","Net proceeds will fund cash consideration for the pending Adenza acquisition, repay Adenza debt, and for general corporate purposes.","Offerings expected to close June 28, 2023, subject to customary conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":291861,"accession_number":"0001193125-23-169697","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2023-06-20T23:59:59+00:00","items":["1.01","2.03","8.01","9.01"],"status":"ready","headline":"Nasdaq amends credit facility to raise leverage for Adenza deal; Adenza 2022 rev $514M, net loss $44M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Amendment No. 2 to credit agreement increases maximum leverage ratio upon consummation of Adenza acquisition, with step-downs.","Adenza FY2022 net sales $514M (up from $294M, includes Calypso acquisition); net loss $44.3M (vs $72.5M in 2021).","Goodwill $3.68B, intangible assets $1.94B as of Dec 31, 2022; total assets $6.17B.","Adenza ceased Russian operations in 2022, recording $6.4M revenue loss from contract terminations.","The acquisition has not yet been consummated; no assurance of closing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":291860,"accession_number":"0001193125-23-164839","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2023-06-12T23:59:59+00:00","items":["1.01","3.02","7.01","8.01","9.01"],"status":"ready","headline":"Nasdaq to acquire Adenza from Thoma Bravo for $10.5B in cash and stock","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Deal: $10.5B total – $5.75B cash plus 85.6M Nasdaq shares (~14.9% stake to Thoma Bravo).","Adenza: ~$590M 2023E revenue, 58% adj. EBITDA margin, 98% gross retention, 115% net retention.","Closing expected in 6-9 months; subject to regulatory approvals; bridge financing of $5.7B committed.","Net expense synergies: $80M run-rate by year 2; revenue synergies: $50M medium-term, $100M long-term.","Nasdaq's Solutions Businesses revenue share to rise to 77%; organic growth outlook increased to 8-11%."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":291859,"accession_number":"0001193125-23-109374","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2023-04-21T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Nasdaq appoints two Presidents; Friedman relinquishes title but stays CEO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Board appointed Tal Cohen and P.C. Nelson Griggs as Presidents, effective April 18, 2023.","Cohen continues as Division President, Market Platforms; Griggs as Division President, Capital Access Platforms and President of Nasdaq Stock Market.","Adena Friedman relinquished her President title but remains Chair and CEO of Nasdaq.","No new compensatory arrangements for Cohen or Griggs in connection with appointments.","No family relationships or reportable transactions between either appointee and Nasdaq."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":291858,"accession_number":"0001193125-23-105683","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2023-04-19T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"Nasdaq Q1 net revenues up 2% to $914M, non-GAAP EPS up 5%; raises dividend 10% to $0.22","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 GAAP diluted EPS $0.61 (up 7% YoY); non-GAAP diluted EPS $0.69 (up 5% YoY).","Net revenues $914M (+2% YoY); Solutions businesses rev $646M (+4%) with 5% organic growth.","Anti-Financial Crime revenue up 17% YoY; signed first global Tier 1 bank for fraud SaaS.","ARR $2,035M (+7%); annualized SaaS rev $729M (+11%), 36% of ARR.","Dividend raised 10% to $0.22/share (payable June 30, 2023); $159M share repurchases in Q1."],"consensus_eps_estimate":null,"consensus_eps_actual":0.61,"consensus_revenue_estimate":null,"consensus_revenue_actual":1533000000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":312625,"accession_number":"0001193125-23-014728","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2023-01-25T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"Nasdaq Q4 net revs up 2% to $906M; FY2022 net revs up 5% to $3.58B; non-GAAP EPS up 6%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["FY2022 net revenues $3,582M (+5% YoY); Solutions revs +9% (10% organic); Trading Services -2%.","GAAP diluted EPS $2.26 (-4% YoY); Non-GAAP diluted EPS $2.66 (+6% YoY).","ARR $2,007M (+8% YoY); Annualized SaaS revs $725M (+13% YoY), 36% of ARR.","Q4 net revenues $906M (+2% YoY); Trading Services net revs $253M (+1% YoY).","2023 non-GAAP opex guidance $1,770-1,850M; tax rate 24-26%; $650M buyback authorization remaining."],"consensus_eps_estimate":null,"consensus_eps_actual":2.26,"consensus_revenue_estimate":null,"consensus_revenue_actual":6226000000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":331140,"accession_number":"0001193125-22-308391","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2022-12-19T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Nasdaq CEO Adena Friedman named Board Chair; Splinter becomes Lead Independent Director","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Adena T. Friedman appointed Chair of the Board effective Jan 1, 2023, in addition to her CEO role.","Michael R. Splinter, current Chair, will remain on the Board as Lead Independent Director.","Friedman has served as President and CEO since January 2017.","Splinter will retain responsibilities including approving agendas and overseeing CEO and Board evaluations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":331139,"accession_number":"0001193125-22-307319","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2022-12-16T23:59:59+00:00","items":["1.01","1.02","2.03","9.01"],"status":"ready","headline":"Nasdaq enters into $1.25B amended revolving credit facility maturing 2027","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$1.25B unsecured 5-year revolving credit facility, matures December 16, 2027.","Interest rate margins of 77.5-125 bps on benchmark loans and facility fee of 10-25 bps, based on debt ratings.","Leverage ratio covenant: ≤4.00x through Mar 31, 2023, then ≤3.50x, with step-ups for material acquisitions.","Option to increase aggregate commitments by up to $750M, subject to conditions.","No loans outstanding at closing; proceeds for general corporate purposes including acquisitions and share repurchases."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":331138,"accession_number":"0001193125-22-307314","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2022-12-16T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Nasdaq amends Stockholders' Agreement with Investor AB, reinstates board nomination right and standstill","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Amendment dated Dec. 14, 2022 reinstates Investor AB's right to propose one board nominee, subject to Nominating & ESG Committee approval.","Johan Torgeby (President & CEO of SEB) is designated as Investor AB's board representative until Nasdaq's 2024 annual meeting.","Standstill restrictions are reinstated and will lapse when Investor AB owns <10% of Nasdaq common stock, upon a change of control, or other specified events.","Board representation right also terminates upon Investor AB's withdrawal or Nasdaq's decision not to support the designee."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":331137,"accession_number":"0001193125-22-301886","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2022-12-09T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Nasdaq director John David Rainey resigns effective Feb 28, 2023 for Walmart CFO role","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["John David Rainey notified Nasdaq of his resignation from the Board of Directors on December 6, 2022.","Resignation effective February 28, 2023, due to his new role as EVP and CFO of Walmart Inc.","Rainey's decision was not the result of any disagreement with the Company.","He will also vacate all board committees upon resignation."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":331136,"accession_number":"0001193125-22-279657","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2022-11-08T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Nasdaq reorganizes into three divisions; recasts historical financials for 2017-2022","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["New divisions: Market Platforms, Capital Access Platforms, and Anti-Financial Crime, effective Q4 2022.","Recast unaudited supplemental financial data for 2017-2019 furnished; 2020-2022 data previously provided.","Future quarterly and annual results will be reported under the new segment structure."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":331135,"accession_number":"0001193125-22-264886","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2022-10-19T23:59:59+00:00","items":["2.02","7.01","8.01","9.01"],"status":"ready","headline":"Nasdaq Q3 net revenues $890M (+6% YoY); non-GAAP EPS $0.68, up 15%; ARR $1.97B","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net revenues $890M, +6% YoY; Solutions segments revenues $584M (+8%) with 10% organic growth.","GAAP diluted EPS $0.59 (+5%); non-GAAP diluted EPS $0.68 (+15%). Non-GAAP operating expense guidance narrowed to $1,700-$1,720M.","Annualized Recurring Revenue (ARR) $1.97B (+8%); annualized SaaS revenues $699M (+13%), now 35% of ARR.","Repurchased $633M in shares during first nine months; $293M remaining under buyback authorization.","New corporate structure to three divisions (Market Platforms, Capital Access Platforms, Anti-Financial Crime) effective Q4 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":1.77,"consensus_revenue_estimate":null,"consensus_revenue_actual":4644000000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":348699,"accession_number":"0001193125-22-252646","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2022-09-28T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Nasdaq reorganizes into three divisions; 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board expands to 11.","Nasdaq received ~$5.6M from SEB in 2022 and paid ~$760,000 for services; SEB was underwriter for Nasdaq bond offerings.","No material arrangements or understandings led to Torgeby's selection."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":348697,"accession_number":"0001193125-22-197571","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2022-07-20T23:59:59+00:00","items":["2.02","5.03","7.01","8.01","9.01"],"status":"ready","headline":"Nasdaq Q2 net rev $893M (+6%); non-GAAP EPS $2.07 (+9%); announces 3-for-1 stock split","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 net revenues $893M, up 6% YoY; Solutions segments rev $582M (+10%) with 12% organic growth.","GAAP diluted EPS $1.85 (-10% YoY); non-GAAP diluted EPS $2.07 (+9% YoY).","ARR $1,965M (+9% YoY); annualized SaaS rev $679M (+12%), now 35% of ARR.","Board declares 3-for-1 stock split; record Aug 12, distribution Aug 26, split-adjusted trading Aug 29.","Regular quarterly dividend $0.20/shr (post-split), payable Sept 30 to holders of record Sept 16."],"consensus_eps_estimate":null,"consensus_eps_actual":3.55,"consensus_revenue_estimate":null,"consensus_revenue_actual":3087000000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":365453,"accession_number":"0001193125-22-186257","cik":1120193,"company_name":"NASDAQ, INC.","ticker":"NDAQ","form_type":"8-K","filed_at":"2022-06-30T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Nasdaq's NFX subsidiary receives CFTC Wells Notice over 2015-2018 futures exchange conduct","summary_kind":"llm","event_type":"regulatory","confidence":"high","bullets":["NFX, a non-operational Nasdaq unit, received a Wells Notice from CFTC staff.","Notice relates to alleged violations of the Commodity Exchange Act and CFTC rules from July 2015 through October 2018.","NFX sold its futures exchange business in Nov 2019 and ceased operations in 2020.","A Wells Notice is a preliminary staff recommendation, not a formal charge or final determination.","NFX plans to contest the staff's positions in its response."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":51198410020.60057,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2022-06-30T23:59:59+00:00|365453"}