“I’m Jake Tapper, tonight correspondent Laura Loomer dives into Hunter Biden’s deranged trolling, Kellyanne Conway reveals Joe Biden fell asleep watching TV again, and Ian Miles Cheong confirms Biden is the reason he’s never left Malaysia. Those stories and Catturd, tonight.”
Spencer Pratt telling his supporters not to vote by mail and then questioning why he's underperforming with mail-in ballots is a very Donald Trump/Kari Lake thing to do.🤡
Gotta love when a @Newsweek hack rushes to get a “Caitlin Clark trade to Sparks rumor” piece out for engagement farming, and forgets to delete their AI chat prompts from the piece.
#NowYouKnow@IndianaFever#WNBA
Things most Americans agree on:
Groceries cost too much.
Tariffs suck and make no sense.
Congress and Presidents shouldn’t trade stocks.
The debt is a mess.
The border should be secure, but legal immigration is good.
Endless wars are stupid, especially ones that nobody wants and have never been explained.
Americans are exhausted.
AI is like my new best friend that also might be trying to take my job, my ability to think for myself, and my humanity in the process. Yo like I love you, but WTF, but I still love you.
Diversity is actually awesome! The opposite is boring AF.
Canadians are super fucking cool.
Mexicans are chill.
Putin isn’t a good guy looking out for America’s best interest. Rocky IV and Miracle are great movies.
Good neighbors are a blessing.
Freedom of religion and coexistence without having to blow each other up is probably a good idea.
We all question, are we alone in the universe?
We all fuck up along the way.
Epstein didn’t hang himself.
The Trumps and Epstein were best friends for decades. It’s like Bert trying to tell us Ernie was just an acquaintance in the same social scene on Sesame Street back in the day.
The Cowboys suck. Go Birds!
Things we’re told to fight about:
Me.
Laptop.
Vaccines.
Transgenders in sports.
Pronouns.
That’s the joke.
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
@ClockworkAnge You know what wealth bracket you’re in if you have a billion dollars? The top 0.0004% of the US. And that 0.0004% is tearing the other 99.9996% of us apart for profit.