— Nasdaq, Inc. (NASDAQ: NDAQ) reported adjusted earnings of $1.29 per share for the fourth quarter of 2019, compared to $1.24 per share last year, vs. $1.27 per share expected.
— Unadjusted net income was $202 million or $1.21 per share, compared to a loss of $44 million or $0.27 per share a year earlier
— Fourth-quarter revenues increased 2.2% annually to $646 million, vs. 640.83 million expected
— Revenues in the non-trading segments rose 9% annually, primarily driven by organic growth
— Market Services revenues decreased 10% compared to the fourth quarter of 2018
— In fiscal 2019, Nasdaq signed seven new market infrastructure operator and New Market clients for its core matching, surveillance and post-trade systems
— Introduced artificial intelligence capabilities to improve surveillance patterns on the U.S. stock market
The cloud computing market witnessed accelerated growth in the last couple of years, as enterprises across the world shifted their digital assets to cloud for ensuring safety and enhancing data
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The retail environment has witnessed many changes in customers’ shopping behavior lately, especially after the COVID outbreak. With inflation putting pressure on personal finances, there appears to be a new