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by JumpCrisscross 21 days ago
> What's the rationale offered by NASDAQ for their new "15-days and you're in the index" rule for these massive IPOs?

This actually makes sense to me. The NASDAQ 100 is—brand wise—geared towards the largest technology companies. It isn’t trying to pick good investments. It’s trying to represent that market. All of these AI companies fit that bill.

I’m more sceptical about S&P suspending its float and profitability requirements. But despite financial influencers on YouTube banging this drum for views, S&P hasn’t actually decided that yet.