Cortland Associates Inc. has reduced its stake in Intercontinental Exchange Inc (NYSE:ICE), while
Arizona State Retirement System and
Roffman Miller Associates Inc. PA have increased theirs.
Intercontinental Exchange (ICE) recorded a 1.2 Billion Contracts Traded, its all-time high in H1. Its expansion plan includes launching a U.S. Tech Index and a wider range of NYSE-Listed Indices. Analysts have positive predictions about ICE stocks, Barclay and UBS Group have issued a positive forecast, with the share price target increased.
ICE's Q1 result was significantly boosted by robust trading in natural gas and oil markets which are at an all-time high; it has also seen a 7% increase in its quarterly dividend. The company has set its sights on new vistas and is collaborating with Reddit to create data products for capital markets and launching its first futures contracts based on battery materials.
ICE is also making waves in the AI field by taking AI from production to scale to boost efficiency. In the face of several prospective ventures,
ICE remains a popular stock choice for investment.
Intercontinental Exchange ICE News Analytics from Thu, 31 Oct 2024 07:00:00 GMT to Sat, 12 Jul 2025 13:31:49 GMT -
Rating 8
- Innovation 7
- Information 8
- Rumor -2
