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Intercontinental Exchange, Inc. (ICE) Reports Financial Results for Q3 2025

Intercontinental Exchange, Inc. (NYSE:ICE) is one of the Best Monopoly Stocks to Buy Now. On October 30, the company reported financial results for Q3 2025, with consolidated net income attributable to the company coming at $816 million. The company’s net revenues stood at $2.4 billion and were supported by 5% rise in recurring revenue.

A data scientist sitting in front of a monitor to review the performance of AI-driven digital business solutions.

This recurring revenue growth was helped by the 9% growth in exchange data as well as a 7% rise in fixed income and data services, both demonstrating sustained demand for its high-value proprietary data offerings.

As Intercontinental Exchange, Inc. (NYSE:ICE) continues to enhance its AI capabilities, it has been leveraging 3 core strengths. These include deep operational and complex workflow expertise, highly differentiated proprietary data, as well as the powerful network effects of its platform.

Intercontinental Exchange, Inc. (NYSE:ICE) decreased its debt outstanding by ~$175 million, which led to the reduction in gross leverage to just over 2.9x EBITDA. For Q4 2025, the company expects adjusted operating expenses of between $1.005 billion – $1.015 billion.

Macquarie Asset Management, an investment management company, released its investor letter for Q3 2025. Here is what the fund said:

“At the stock level, the largest relative detractors were not owning Tesla and the Fund’s positions in Intercontinental Exchange, Inc. (NYSE:ICE) and Intuit Inc. ICE, which operates wide moat commodity exchanges, mainly futures and options for energy, as well as a mortgage technology business, fell out of favor during the quarter. Trading volumes slowed in several areas, particularly energy, which offset strength in equities. However, we focus on the long-term structural aspects of the energy market that favor sustained commodity volatility, supporting long-term volume growth. We believe ICE maintains a defendable, industry-leading position across multiple business lines with the potential for favorable long-term trends.”

While we acknowledge the potential of ICE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than ICE and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 13 Cheap AI Stocks to Buy According to Analysts and 11 Unstoppable Growth Stocks to Invest in Now

Disclosure: None. This article is originally published at Insider Monkey.

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Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

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