Why the stock will be in your Nasdaq 100 fund but not your S&P 500 fund—and other quirks of the largest IPO ever.
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A number of stocks jumped in the afternoon session after the broader financial sector rallied sharply, lifting regional bank names alongside their larger peers.
A number of stocks jumped in the afternoon session after the broader financial sector rallied sharply, lifting regional bank names alongside their larger peers.
A number of stocks jumped in the afternoon session after the broader financial sector rallied sharply, lifting regional bank names alongside their larger peers.
A number of stocks jumped in the afternoon session after the broader financial sector rallied sharply, lifting regional bank names alongside their larger peers.
A number of stocks jumped in the afternoon session after the broader financial sector rallied sharply, lifting regional bank names alongside their larger peers.

<body><p>STORY: SpaceX will not be getting fast-track entry into the S&P 500 after all.</p><p>On Thursday, index operator S&P Global said it would not change the rules for inclusion.</p><p>The rocket firm is set for a record share listing next week.</p><p>That could see it raise $75 billion and secure a valuation of $1.75 trillion, immediately making it one of America’s top 10 most valuable listed firms.</p><p>But S&P says it won’t change the rules to allow rapid entry into its benchmark index.</p><p>Among other things, that requires a firm to be profitable in its most recent quarter, and in sum for its last four quarters.</p><p>That rules out SpaceX, which posted a loss of close to $5 billion in 2025.</p><p>One analyst praised S&P for standing firm, saying the rules shouldn’t be bent for unprofitable firms just because they are big.</p><p>The rival Nasdaq index has taken a different view, however.</p><p>It has already changed its rules to allow easier access for newly listed so-called “megacap” stocks.</p><p>That will force Nasdaq tracker funds to buy large sums of SpaceX shares.</p><p>The same could be true for OpenAI and Anthropic, if the chatbot makers proceed with hotly anticipated IPOs.</p><p>Separately Thursday, SpaceX began a roadshow for investors ahead of its listing.</p><p>Musk spoke to JPMorgan clients in a video interview with bank boss Jamie Dimon.</p><p>Other major lenders including Bank of America and Morgan Stanley are hosting events over the coming days.</p></body>
Tom Lee of Fundstrat has nailed many of his bullish calls over the past few years.
A number of stocks jumped in the afternoon session after the broader financial sector rallied sharply, lifting regional bank names alongside their larger peers.
A number of stocks jumped in the afternoon session after the broader financial sector rallied sharply, lifting regional bank names alongside their larger peers.
Teekay Tankers earns its profits by transporting oil around the world rather than selling it. While high tanker rates are boosting results right now, investors should focus on how Teekay manages its cash before the market slows down.
A number of stocks jumped in the afternoon session after the broader financial sector rallied sharply, lifting regional bank names alongside their larger peers.
ONE Gas, Inc. (NYSE:OGS) is included among the 10 Oversold Dividend Growth Stocks to Buy. On May 21, Morgan Stanley lowered its price recommendation on ONE Gas, Inc. (NYSE:OGS) to $82 from $86. It reiterated an Equal Weight rating on the shares. The adjustment came as part of the firm’s update to price targets for […]
American stock futures edged lower after a revenue miss and weaker-than-expected outlook from Broadcom sparked concerns about the semiconductor sector's ongoing rally.
S&P Dow Jones is considering altering its index admission policy to fast-track their entries.
From fast food to fine dining, restaurants play a vital societal role. But the side dish is that they’re quite difficult to operate because high inventory and labor costs generally lead to thin margins at the store level. This leaves little room for error if demand dries up, and it seems like the market has some reservations as the industry has tumbled by 5.6% over the past six months. This drop is a noticeable divergence from the S&P 500’s 11% return.
S&P Dow Jones Indices said Thursday it won't fast-track the inclusion of SpaceX and this year's other giant IPOs into the S&P 500. Rules governing the benchmark stock index require newly listed companies to trade on an exchange for at least a year and to show a track record of liquidity and profitability before they become eligible for inclusion. The committee that oversees the index had considered waiving those requirements to speed the inclusion of SpaceX, OpenAI and other so-called megacap companies that could go public as soon as this year.
The Dow jumped at the open and held its gains for the entire session, closing up 875 points, or 1.7%. Artificial intelligence continues to whipsaw tech stocks, with huge up days followed by significant declines. Tech stocks are so valuable that they move the broader indexes no matter what’s happening elsewhere.
It's testing a new, blockchain-based method of settling transactions.
By Pritam Biswas and Noel Randewich June 4 (Reuters) - S&P Global said on Thursday it was not changing the requirements for entry into its major indices, dealing a setback to Elon Musk's SpaceX by
LGI Homes has been treading water for the past six months, recording a small loss of 4.7% while holding steady at $48.22. The stock also fell short of the S&P 500’s 11% gain during that period.
Nvidia currently trades at $214.30 and has been a dream stock for shareholders. It’s returned 1,119% since June 2021, blowing past the S&P 500’s 79.7% gain. The company has also beaten the index over the past six months as its stock price is up 16.9% thanks to its solid quarterly results.
The S&P said Thursday that it's not changing its rules to fast-track mega-cap IPOs onto its marquee stock index, the S&P 500.Why it matters: S&P's decision doesn't mention SpaceX, but it means that Elon Musk's company — as well as Anthropic and OpenAI, if they go public as expected — won't be making it into the index for at least a year.And it's a surprise, coming after other major indexes drew fire for changing their rules to more quickly accommodate Elon Musk's company.The big picture: Million

US stock futures mostly fell in the wait for the release of the May jobs report.

US stock futures mostly fell in the wait for the release of the May jobs report.
Over the past six months, Manhattan Associates’s stock price fell to $150.36. Shareholders have lost 15.8% of their capital, which is disappointing considering the S&P 500 has climbed by 11%. This might have investors contemplating their next move.
S&P Dow Jones Indices rejected calls to fast track SpaceX and other upcoming megacap IPOs such as Anthropic and OpenAI into the S&P 500 index.
(Bloomberg) -- S&P Dow Jones Indices will keep its existing eligibility requirements for main benchmarks like the S&P 500 Index, rejecting proposals that would have made it faster for mega-cap companies such as Elon Musk’s SpaceX to gain rapid entry into the benchmark after going public.Most Read from BloombergGlazer Family Members Study Manchester United Stake SaleRepublican-Led House Votes to Stop Iran War, Rebuking TrumpDow Average Hits Peak as Old-School Stocks Beat AI: Markets WrapTrump Beg