Jacob Oliver

Lots of lukewarm political takes and gay shit🤷‍♂️, UVA ‘19, BLM, #HarrisWalz2024, he/him

[sam🌪️ hit the wall @star1ightstan13]

genuine question, why does a train line or a new park have to go thru years of votes and environmental impact studies but something like this can just? happen?

[David Rattigan @davidmrattigan]

buying this and then dying immediately and forcing my descendants to finish building it over the next 100 years

[Sawyer Merritt @SawyerMerritt]

Wow, the S&P Dow Jones Indices has just officially announced that they will NOT be changing their inclusion rules to make it easier for “MegaCap” companies (such as @SpaceX) to be fast-tracked into the S&P 500.

Their reasoning:
"S&P DJI determined that exceptions to the financial viability, seasoning, and IWF requirements should not be granted solely based on market capitalization. The decision not to adopt the proposed exceptions preserves core index principles by maintaining consistent application of these key requirements. Although there may be trade-offs between strict adherence to these eligibility requirements and broad representativeness, the current methodology provides substantial market coverage and sector balance. As a result, the indices can continue to meet their stated objectives while preserving their role as representative and investable benchmarks for the U.S. equity market.

No changes will be made to the eligibility criteria including financial viability screens, seasoning period, or minimum IWF, for the S&P 500, S&P MidCap 400, or S&P SmallCap 600 as a result of the S&P Dow Jones Indices consultation on the treatment of MegaCap companies. Accordingly, there will be no changes to existing methodology for this index family."

This means that the earliest @SpaceX could be eligible to be added to the S&P 500 would now be June 2027.

The requirements that will now remain in place are:
• No changes to S&P 500 eligibility rules for mega-cap companies.
• Mega-cap companies will still need to wait 12 months after their IPO before being considered for S&P 500 inclusion.
• S&P will not waive profitability requirements for mega-cap companies. The company must have positive GAAP net income in the most recent quarter, and the sum of the most recent four consecutive quarters.
• S&P will not waive minimum public float requirements for mega-cap companies. At least 10% of a company's shares must be publicly tradable ("free float").

The S&P rejected proposals that would have:
• Reduced the IPO seasoning period from 12 months to 6 months
• Waived profitability requirements
• Waived minimum public float requirements

[Jacob Oliver @Oliver78Jacob]

I beg your finest fucking pardon

[Austin Statesman @statesman]

Austin-based podcaster Joe Rogan reportedly being considered for 60 Minutes role. https://t.co/Q3SOtB6qra

[Mark Warner @MarkWarner]

It seems there is an entirely different set of rules for Republicans and Democrats.

[Cxspxxr✘🧸 @_6signxxx]

Mamdani is the Democrats’ worst nightmare because he’s living proof that they’re simply not doing their jobs.

[oxyzen @oxyzen]

this is what happens when “everyone gets a puppy” finally beats “diarrhea forever”

[one dozen rats at a keyboard @PanasonicDX4500]

I know it’s become pretty cliche and cringey to talk about at this point but if you’re under like 25 I cannot stress enough how one time Obama wore a tan suit and people spent a week arguing over whether or not it was demeaning to the Oval Office and they were serious about it.

[steph @hxllanov]

happy pride month to this iconic scene

[giselle @lesbelivet]

she had the opportunity to do the funniest thing possible and SHE DID 😭 #AVORAHFOREVER

[Ian McMillan, CMT @the_chart_life]

Listen, I’m a big “the index is the index” guy, but they are openly looting the coffers.

This is 100% fraud.

[Jackie Singh @HackingButLegal]

Your 401(k) is about to become Elon Musk's exit liquidity

[Jacob Oliver @Oliver78Jacob]

@lawfuljeff

[Jacob Oliver @Oliver78Jacob]

I love always being the one who’s significantly more into the other guy…it’s a blast🙃

[ʇuᴉɐS📍 @saint_cloudy]

Last year, people on this app argued over whether kids should be fed in public schools if they can’t afford it.

[Asscela Express 🚅 @biz_socks]

Finished Hacks

[Jacob Oliver @Oliver78Jacob]

#Hacks

[kara @ohokaykara]

last hacks thursday ever

[AthletesInSpace @AthletesInSpace]

You simply can’t hate Boomer Republicans enough, it isn’t possible