**Nasdaq** (National Association of Securities Dealers Automated Quotations) is a premier American stock exchange, recognized as the second-largest globally by market capitalization and the first fully electronic stock market. Founded in 1971 and headquartered in New York City, Nasdaq revolutionized trading by introducing an automated, transparent, and efficient platform, setting a technological benchmark for global financial markets[1]. Nasdaq operates as both a stock exchange and a technology company through its parent, Nasdaq, Inc., which also owns multiple other U.S. and Nordic exchanges. It hosts over 4,000 listed companies, including prominent technology giants, foreign firms primarily from China and Israel, and a broad range of industries. Its indices, notably the Nasdaq Composite and Nasdaq-100, are key barometers of technology sector performance and innovation trends[1]. Historically, Nasdaq's achievements include pioneering electronic trading systems, leading market innovations such as the Advanced Computerized Execution System (ACES), and continuously enhancing market accessibility and liquidity. Its fully electronic model has driven high trading volumes, making it the most active U.S. stock market by volume. Nasdaq also plans to expand trading hours to 24 hours a day, five days a week, pending regulatory approval as of early 2025[1]. In recent years, Nasdaq has demonstrated robust financial growth; Q1 2025 earnings showed a 12.5% revenue increase year-over-year to $1.2 billion, with its solutions business growing 11%, reflecting strong demand for market technology and data services. The annual recurring revenue reached $2.8 billion, indicating solid future revenue visibility[2]. Nasdaq continues to benefit from megatrends such as artificial intelligence commercialization, semiconductor industry leadership, and cloud infrastructure expansion, which dominate the growth narrative on its platform[5]. Overall, Nasdaq remains a cutting-edge financial market hub that blends technology innovation with capital market leadership, serving as a vital engine for global busines