Saturday, June 27, 2026

SpaceX set to join Nasdaq 100, paving way for wave of passive buying

SpaceX is set to join the Nasdaq 100 index on July 7, a move expected to attract billions in passive investment. This inclusion follows Nasdaq's relaxed entry criteria, making it easier for companies like SpaceX, despite recent losses, to enter major indices. While some see it as a positive sign of demand, others, like Morningstar, express concerns about the stock's valuation. S&P 500, however, maintains stricter entry rules for SpaceX.

from Tech-Economic Times https://ift.tt/V8RqHld

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Five to eight more semiconductor plants to come up in eight years: PM Modi

Addressing the nation from the ramparts of the historic Red Fort on the 80th Independence Day, the prime minister said India's semicondu...