NASDAQ's AI Push To Meet Evolving Data Demands From Retail Traders
Portfolio Pulse from Piero Cingari
Bill Dague, VP and head of data products at NASDAQ Inc. (NDAQ), discussed NASDAQ's data services transformation to meet the needs of retail investors in the AI era. NASDAQ responded to increased demand for macroeconomic data during the pandemic by acquiring Quandl in 2018, which enabled rapid productization. NASDAQ also launched a product to understand retail investor behavior and integrated Generative AI to enhance data analysis and mapping.
November 13, 2023 | 10:30 pm
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POSITIVE IMPACT
NASDAQ Inc. is focusing on AI and data services to cater to retail investors, having acquired Quandl and launched new products post-pandemic for better market insights.
The focus on AI and data services, along with strategic acquisitions like Quandl, positions NASDAQ to meet evolving market demands. This proactive approach and innovation in data services are likely to be viewed positively by investors, potentially leading to a short-term positive impact on NDAQ's stock price.
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