Nasdaq, Archer-Daniels-Midland And More On CNBC's 'Final Trades'
Portfolio Pulse from Avi Kapoor
Joshua Brown of Ritholtz Wealth Management named Nasdaq, Inc. (NDAQ) as his final trade on CNBC's 'Halftime Report Final Trades.' Nasdaq reported worse-than-expected Q1 EPS but increased its quarterly dividend by 9%. Stephen Weiss of Short Hills Capital Partners named Archer-Daniels-Midland Company (ADM) as his final trade. ADM posted better-than-expected Q1 EPS but missed revenue estimates. Liz Young of SoFi picked Global X Copper Miners ETF (COPX).
May 24, 2024 | 1:05 pm
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NEUTRAL IMPACT
Global X Copper Miners ETF was picked by Liz Young of SoFi. The ETF declined 1.1% during Thursday's session.
The ETF's decline and its selection by Liz Young may have a neutral short-term impact as it reflects broader market trends.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100
NEUTRAL IMPACT
Nasdaq, Inc. reported worse-than-expected Q1 adjusted EPS but increased its quarterly dividend by 9%.
The mixed results with an EPS miss but a dividend increase may balance out the short-term impact on Nasdaq's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Archer-Daniels-Midland posted better-than-expected Q1 EPS but missed revenue estimates. The company also expanded its global regenerative agriculture program.
The EPS beat and positive news on the agriculture program expansion are likely to have a positive short-term impact on ADM's stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100