The most consequential business decisions rarely announce themselves. They arrive as a convenience, a small upgrade, a screen you no longer have to look at. By the time you notice what changed, the change has already happened to you. For more than 15 years, the way most employees touched their ...
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The long-awaited SpaceX IPO next week positions the company at roughly $2 trillion in market value. On CNBC’s Morning Call Sheet on Friday, June 5, Adam Kobeissi, Editor in Chief of The Kobeissi Letter, strategist Matt Powers, and Senior Economist Jose Torres argued the deeper story is a rotation out of AI semiconductor leaders into ... SpaceX IPO Hype Is Hiding a Deeper Story. Investors Are Rotating Back Into Blue Chip Stocks.
The operator of the S&P 500 says it has decided not to change its guidelines for when very large “MegaCap” companies are eligible for inclusion into its bevy of stock indexes. In its announcement Thursday, S&P Dow Jones Indices said its index committee weighed responses received from a “wide range of market participants,” but ultimately decided not to make any changes to its criteria for determining when a company should be added to the S&P 500, S&P MidCap 400, or S&P SmallCap 600 indexes. The committee also decided against creating exceptions to its guidelines solely based on market capitalization, or how the stock market gauges a company’s value.
Investors sold off stocks, bonds, bitcoin and gold Friday after a strong jobs report boosted odds the Federal Reserve might raise interest rates later this year to combat inflation and Wall Street wrestled with weakness in AI stocks.
US equity indexes slumped amid a sell-off in mega-cap chip names and government bonds, as a strong j
Planet Labs just published a beat-and-raise quarter. So why is the stock getting crushed?
S&P Dow Jones Indices stated that it will not be changing its rules to fast-track SpaceX (SPAX.PVT) and other mega-IPOs into the S&P 500 index (^GSPC). Morning Brief Host Julie Hyman and Vanity Fair contributing editor Bethany McLean discuss SpaceX's valuation in the lead up to the space company's public launch a week from now. JPMorgan Chase (JPM) CEO Jamie Dimon hosted Elon Musk as part of SpaceX's (SPAX.PVT) pre-IPO roadshow, as the company sets its sights on an IPO price of $135 per share next Friday, June 12.
NEW YORK, June 5 (Reuters) - The U.S. economy posted another month of strong employment gains in May, confirming that the labor market was gaining traction after stumbling last year and sending short-
The May jobs report showed stronger-than-expected hiring as the unemployment rate held steady. The data strengthens the hand of Federal Reserve hawks, setting the stage for a shift to a tightening bias at the June 17 policy meeting, the first under new Chairman Kevin Warsh. S&P 500 futures slipped, putting the nine-week winning streak for the benchmark index in jeopardy.
By Medha Singh and Twesha Dikshit June 5 (Reuters) - S&P 500 and Nasdaq futures fell on Friday, as chipmakers lost steam following a strong rally and investors stayed cautious ahead of the May
Nvidia (NVDA) stock is up about 15.98% year to date, at the time of writing, Thursday afternoon, June 4. Meanwhile, the SPDR S&P 500 index (SPY) is up about 10.97% in the same period. While the stock has outpaced the S&P 500, its growth has lagged that of other computer-related ...
A potentially softer labor market report, renewed AI debate, and geopolitical uncertainty weighed on risk sentiment.
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.
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.
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.

US stock futures mostly fell in the wait for the release of the May jobs report.
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
Investors in Micron Technology (MU) stock have laughed all the way to the bank over the past year, especially those who bought into the AI memory story early. Putting the rally in context, Micron stock has gained almost 100% in the past month alone and over 350% over the past six months, ...
Wall Street rallied after falling oil prices and yields in the bond market eased the pressure on U.S. stocks. The Dow Jones Industrial Average soared 1.7% to a record, and the Nasdaq composite slipped 0.1%. The Nasdaq composite fell 23.02 points, or 0.1%, to 26,830.96.
Federal Reserve Vice Chair for Supervision Michelle Bowman said regulators have launched a new effort to better understand how bank lending flows into private credit funds and other nonbank financial firms.
💲 The S&P 500's financial sector is up 2.6% today, which would be its biggest one-day gain since April 2025. Here are some of the top performers in the sector: Blackstone (BX), up 8%. Robinhood (HOOD), up 6.
Enact Holdings trades at $40.58 per share and has stayed right on track with the overall market, gaining 7% over the last six months. At the same time, the S&P 500 has returned 11%.
Teledyne has had an impressive run over the past six months as its shares have beaten the S&P 500 by 8.4%. The stock now trades at $618.31, marking a 19.4% gain. This was partly thanks to its solid quarterly results, and the run-up might have investors contemplating their next move.
Ford has had an impressive run over the past six months as its shares have beaten the S&P 500 by 8.6%. The stock now trades at $15.72, marking a 19.6% gain. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.