Fed rate-decision meeting minutes, SpaceX (SPCX) joins Nasdaq 100: Crypto Week Ahead
Markets await FOMC minutes and a wave of crypto events, including SpaceX joining the Nasdaq 100 and ABTC avoiding delisting.
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5 Articles
Elon Musk's space company SpaceX, founded in 2002 in California, United States, will enter the Nasdaq-100 on Tuesday, bringing investors' enthusiasm for the actions of the technology sector to the test.
SpaceX lives this Tuesday one of the most important days of its stock market history with its debut in the Nasdaq. The entry in the index could trigger up to 4.3 billion dollars in automatic purchases by indexed funds and ETF forced to replicate its composition, an impulse that has triggered the expectation in ... Continue reading "SpaceX conquers the Nasdaq: up to 4.3 billion dollars could boost the action from day one"
Nasdaq Rewrote Its Rules for SpaceX; Now $4.3B in Passive Buying Forces Index Funds' Hands
SpaceX Nasdaq-100 inclusion triggered $4.3 billion in forced buying from QQQ index funds as Nasdaq's new fast-entry rule added SPCX after just 15 trading days — millions of 401(k) and IRA holders are now automatic SpaceX shareholders, with the August 6 lockup expiry and first earnings report as the real near-term test.
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