In this article SPGI .SPX .NDX Follow your favorite stocks CREATE FREE ACCOUNT SpaceX signage outside the Space Exploration Technologies Corp. facility in Hawthorne, California, on June 3, 2026. Michael Yanow | Nurphoto | Getty Images S&P Global said on Thursday it was not changing the requirements for entry into its major indices, dealing a setback to Elon Musk's SpaceX by effectively ruling out ...
In this article SPGI .SPX .NDX Follow your favorite stocks CREATE FREE ACCOUNT SpaceX signage outside the Space Exploration Technologies Corp. facility in Hawthorne, California, on June 3, 2026. Michael Yanow | Nurphoto | Getty Images S&P Global said on Thursday it was not changing the requirements for entry into its major indices, dealing a setback to Elon Musk's SpaceX by effectively ruling out a swift entry for the world's biggest-ever IPO into the benchmark S&P 500 index . Musk has rewritten the IPO playbook for SpaceX in many ways from planning to give retail investors a bigger role in allocations to pushing for early index inclusion, and structuring governance to preserve strong founder control. The company is raising $75 billion and targeting a $1.75 trillion valuation that would place it among the top 10 most valuable U.S.-listed firms, even as only a fraction of its shares are available for trading. But S&P said "exceptions to the financial viability, seasoning, and IWF (investable weight factor) requirements should not be granted solely based on market capitalization". To be included in the S&P 500, a company must be profitable under Generally Accepted Accounting Principles in its most recent quarter as well as for the sum of its most recent four quarters, according to one of the rules S&P left unchanged. SpaceX posted a net loss of $4.94 billion in 2025, even as revenue rose 33% to $18.67 billion. Investor consultations S&P had consulted with investors about shortening the time a megacap company must be publicly listed before joining its indexes, waiving minimum float requirements and removing its profitability requirement. The S&P 500 is Wall Street's most widely followed benchmark. Passive S&P 500 index funds with trillions of dollars in assets would have been forced to buy up SpaceX shares had rules been changed to admit it to the index. "It speaks highly of the credibility of S&P Dow Jones Indices to be rules-based and make sure there's profitability...
一家估值接近万亿美元、正冲刺IPO的AI公司，突然公开呼吁全球暂停AI开发。 6月4日，Anthropic在官方博客发布了一篇题为《当AI构建自身》（ When AI Builds Itself ）的长文。文章由公司联合创始人Jack Clark和内部研究机构负责人Marina Favaro联合署名，首次罕见对外披露了一批此前从未公开的内部运营数据。 这些数据显示，AI正在以惊人速度加速AI自身的...
Earnings Call Insights: Rubrik (RBRK) Q1 fiscal 2027 Management View "We are off to a strong start to fiscal 2027 with a record Q1... subscription ARR reached $1.57 billion, growing 32% year-over-year" and "we have raised our top line guidance for the rest of the year" as "Mythos is driving more customer conversations around cyber resilience and recovery" (Co-Founder, CEO & Chairman Bipul Sinha). ...
Earnings Call Insights: Rubrik (RBRK) Q1 fiscal 2027 Management View "We are off to a strong start to fiscal 2027 with a record Q1... subscription ARR reached $1.57 billion, growing 32% year-over-year" and "we have raised our top line guidance for the rest of the year" as "Mythos is driving more customer conversations around cyber resilience and recovery" (Co-Founder, CEO & Chairman Bipul Sinha). "Our identity solutions continue to gain momentum" and "our Identity business grew 38% in sequentially quarter-over-quarter to reach over 50 million in subscription ARR in Q1" (CEO Sinha). "In just one quarter of selling, we are already seeing early POCs convert to production deployments" for Rubrik Agent Cloud, and Rubrik "recently joined Anthropic's Project Glasswing and received early access to the Claude Mythos research preview" (CEO Sinha). "We had a strong Q1, exceeding all of our guided metrics... and are raising our outlook for the year" and "we ended the first quarter in a strong cash position with $1.7 billion... and $1.1 billion in convertible debt" (Chief Financial Officer Kiran Choudary). Outlook "For the full year fiscal 2027, we expect subscription ARR in the range of $1.854 billion to $1.862 billion" and "total revenue... $1.638 billion to $1.648 billion" (CFO Choudary). "We expect non-GAAP EPS of $0.25 to $0.35" and "free cash flow of $293 million to $303 million" for FY2027 (CFO Choudary). "In Q2, we expect revenue of $395 million to $397 million" and "non-GAAP EPS of $0.03 to $0.05" (CFO Choudary). The provided analysts estimates data was not used because the estimates JSON did not supply fiscal quarters in the required Q1/Q2/Q3/Q4 format. Financial Results "Subscription revenue was $374 million, up 41%. Total revenue was $387 million, up 39%" and "we added $103 million in net new subscription ARR, a record for Q1" (CFO Choudary). "Continued adoption of Rubrik Security Cloud resulted in $1.39 billion of cloud ARR up 43%... cloud ARR now representing 89% o...
Microsoft Corporation has unveiled a series of new AI models in a bid to compete with Anthropic. Mustafa Suleyman, Microsoft’s AI chief, told The Financial Times that the company’s superintelligence team is focusing more on enterprise use cases, developers, and...
Microsoft Corporation has unveiled a series of new AI models in a bid to compete with Anthropic. Mustafa Suleyman, Microsoft’s AI chief, told The Financial Times that the company’s superintelligence team is focusing more on enterprise use cases, developers, and...
(RTTNews) - The Taiwan stock market on Thursday ended the four-day winning streak in which it had surged more than 2,800 points or 6 percent to a fresh record closing high. The Taiwan Stock Exchange now sits just above the 45,675-point plateau although it's likely open in the gre
(RTTNews) - The Taiwan stock market on Thursday ended the four-day winning streak in which it had surged more than 2,800 points or 6 percent to a fresh record closing high. The Taiwan Stock Exchange now sits just above the 45,675-point plateau although it's likely open in the gre
On a recent stormy Sunday, domestic helpers on their weekly day off were seen hastily erecting tents and laying out plastic sheets under footbridges and inside transport hubs in Hong Kong’s Tsuen Wan district as they sought refuge from the downpour. Dozens of tents were pitched around the pillars of the footbridges, while other groups crowded onto narrow concrete platforms inside a bus terminus. M...
On a recent stormy Sunday, domestic helpers on their weekly day off were seen hastily erecting tents and laying out plastic sheets under footbridges and inside transport hubs in Hong Kong’s Tsuen Wan district as they sought refuge from the downpour. Dozens of tents were pitched around the pillars of the footbridges, while other groups crowded onto narrow concrete platforms inside a bus terminus. Many leaned against metal railings or sat on the ground, laying down blankets and carving out spaces...
Abu Hanifah/iStock via Getty Images By Padhraic Garvey, CFA , Regional Head of Research, Americas and Michiel Tukker , Senior UK & Eurozone Rates Strategist Payrolls incoming It's payrolls Friday. The report itself has lost some of its aura, partly due to question marks as to its accuracy (it is mostly just a survey after all). But also, the US economy has become a more complex beast to track. Eve...
Abu Hanifah/iStock via Getty Images By Padhraic Garvey, CFA , Regional Head of Research, Americas and Michiel Tukker , Senior UK & Eurozone Rates Strategist Payrolls incoming It's payrolls Friday. The report itself has lost some of its aura, partly due to question marks as to its accuracy (it is mostly just a survey after all). But also, the US economy has become a more complex beast to track. Even with very little expectation for employment growth, risk assets aren't perturbed at all. Bond markets typically would be on major alert into payrolls reports, but less so in recent months. That all being said, it remains an important barometer of the labour market, and absolutely sets the tone for the months ahead. The market expectation is for employment growth of around 85k. That's an outcome that can only be described as 'meh'. But it's actually okay in the current economy, one that has the promise of a productivity revolution premised on tech and AI underpinnings. It's here that we identify a link with real yields and a rationale for them to remain elevated. We'll monitor the rest of the report too, with the unemployment rate a particular focus. At 4.3%, it remains low, defying all the layoff talk. The low jobless claims run we've been on, and again reconfirmed on Thursday, points to the same. It does feel like we're overdue a lurch higher on these metrics at some point. And for Treasury bulls, that is the type of outcome that can shake off the risk that real yields remain sticky, with more upside than downside tendencies. Overall, the remarkable feature of the anticipated payrolls outcomes is that they would typically result in a bond buying spree. Traditionally, it was all about the employment growth number. But the current immigration policy of forcing marginal workers out of the country is a curb to this number. The unemployment rate was typically not the big one to watch. More recently, it's actually the unemployment rate that really counts. That's the one that s...