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laughing_man an hour ago

Those rule changes aren't happening.

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a2tech an hour ago | parent | next [-]

My understanding is that the s&p 500 were the only ones unwilling to change their rules.

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l23k4 an hour ago | parent [-]

Why "unwilling"? That's a weird wording. S&P Dow Jones Indices decided to not go through with their rule change after it became a political issue. Obviously they were willing, the proposed rule change originated from them!

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nullstyle 39 minutes ago | parent [-]

Please provide some support that the rule changes were proposed from within. Given the fact they tried pulling this nonsense on 3 indices, it seems very unlikely the rules changes originated from within.

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l23k4 29 minutes ago | parent [-]

It is what S&P Dow Jones Indices themselves say, so the burden of proof to prove otherwise must fall on you.

And anyway, the rule change is truly the only reasonable way they can react to the current situation.

It will absolutely be untenable to keep Anthropic , OpenAI and SpaceX off the S&P 500 with them also being the highest valued companies on the market.

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nullstyle 14 minutes ago | parent [-]

Quatsch. The indices will say whatever benefits their power the most, regardless of truth. The fact that they are bending now to pressure is proof enough for me.

We live in an age proving that valuation is just a manipulation.

This whole story is just like the BaM situation: the people with more money feel emboldened to pull every dastardly trick they can to tilt the table towards their pockets, away from the honest participants. SpaceX and the AI IPOs are just the latest and most grand scheme. I’m guessing you were surprised by the collapse of lehman brothers back in the day.

	▲	l23k4 9 minutes ago \| parent [-]
		So you don't actually have any evidence to support your claim? This just seems like a matter of faith at this point, that's fine.

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l23k4 an hour ago | parent | prev [-]

They became effective last month.