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Nasdaq Private Market is set to be its own company

Nasdaq ( NDAQ -1.84% ) partners with several banks to spin off Nasdaq Private Market as a stand-alone company. Ally Financial ( ALLY 1.65% ) shares rise after strong second-quarter profits. In this episode of MarketFoolery, Motley Fool analyst Asit Sharma analyzes those stories and discusses the long-term investing ripple effects of Jeff Bezos’ trip to space.