[ano-ther]

Also worth noting that other index providers are less principled.

> Nasdaq changed its rules recently so SpaceX can join the Nasdaq 100 Index, a cohort of the largest non-financial companies listed on its exchange, in just 15 trading days, down from a three-month minimum. FTSE Russell adopted a similar approach, shortening the waiting time to five trading days

[misiti3780]

if i had to short 1 of the 3, it would be OpenAI

[alfiedotwtf]

If I had to short 3 things, it would first be the NASDAQ 100, followed by anything Elon, then the greenback

[root-parent]

The company with the best model by far?

[ben_w]

Well, joint best.

At the target market caps people are talking about, I wouldn't blame anyone who shorts all three: even if you're optimistic about the value of the tech, monetising is hard, and competition reduces profits.

[misiti3780]

anthropic's products are much better, anthropic and google will win the AI race, we wont even be talking about OpenAI in a few years when they run out of $ or compute and get acquired. They will be remembered by their Wikipedia page(s).

[maplethorpe]

Have you tried Claude Opus 4.7

[infecto]

There are so many indexes these days and they all have different angles. I don’t see this as being less principled and more it’s the nasdaq 100.

[boringg]

More like its a competition to get the listing -- not dissimilar to Amazon shopping cities for its corporate base. Set up a competition and get the best deal would be my speculation on why it was done (as well as goose the demand).

[matthewdgreen]

Yes, it's the same principle that gets you financial advisors who push you into high-fee fund choices that earn them kickbacks. Completely understandable from the PoV of these parties' self-interest, yet entirely contrary to your own self-interest as a customer and investor.

[ProjectArcturis]

You seem to be confusing "listing" - the stock exchange where a company chooses its stock to trade (i.e. NYSE, AmEx, Nasdaq) with "indexes" - a list of stocks that is often the basis for index funds.

The Nasdaq 100 is not the same as Nasdaq. A company can be in many indexes but only one listing. There may have been competition for the listing but there is not competition between indexes for inclusion.

[TazeTSchnitzel]

The implication is that Nasdaq (company) changed the rules for the Nasdaq 100 (index) in order to get the listing on Nasdaq (stock exchange).

[johanvts]

Many companies are listed in multiple exchanges. Unilever, Shell, AstraZeneca, BP, and many more.

[hylaride]

There was never a competition. It was explicitly designed to get a better "deal" where they wanted to open it.