Jae
3.7K posts



JUST IN: S&P DOW JONES INDICES IS PROPOSING METHODOLOGY CHANGES THAT WOULD MAKE IT EASIER FOR "MEGACAP" IPOS TO JOIN THE S&P 500 The proposed rule changes: - Cut the IPO seasoning period from 12 months to 6 months - Waive the minimum 0.10 Investable Weight Factor (IWF) requirement for MegaCap companies - Waive the financial viability (positive net income) requirement for MegaCap companies A "MegaCap" is defined as any company in the top 100 of the S&P Total Market Index (currently a $112 billion threshold). Why it matters for SpaceX: - SpaceX is reportedly targeting a $1.75 trillion IPO valuation in late June - The IPO filing showed Musk can only be removed from the board by a vote of the share class he controls, a structure that would ordinarily fail the 0.10 IWF rule - The waiver of the financial viability requirement removes another potential roadblock The proposed implementation date is June 8, 2026, almost exactly when SpaceX is reportedly targeting its IPO. S&P DJI is collecting market feedback through May 28, 2026.







Determine on your own whether you think it is justified, but excluding cash and cash equivalents, Microsoft is now trading at a P/E of 7




Asked Jazz coach Will Hardy how close he was to putting Lauri Markkanen or Jaren Jackson Jr. in the game in the fourth quarter. “I wasn’t.”



This is the 1st time i’ve watched Ja Morant play all year (and i’m only catching snippets) and I still feel comfortable saying this kid should be the top pick in the #NBA draft this summer.


Grizzlies entertaining Ja Morant trade offers, sources say - via @ESPN App espn.com/nba/story/_/id…




"Just giving Tiger a Pro V1 in 2000 with his 975D would have been worth roughly 17 extra yards - no swing changes required." golfdigest.com/story/tiger-wo…





