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The Latest Breaking News from SP

SpaceX and other mega IPOs may wait years to join the S&P 500

SpaceX and other mega IPO candidates may have to wait years before joining the S&P 500 after S&P Dow Jones Indices retained its profitability requirement for index inclusion. Despite their massive valuations, companies such as SpaceX, OpenAI and Anthropic must demonstrate sustained profits before becoming eligible for the benchmark.

The Economic Times

Fadnavis backs election reforms amid horse-trading row in Maharashtra

Maharashtra Chief Minister Devendra Fadnavis has proposed election reforms. This comes after opposition candidates withdrew from legislative council polls, sparking accusations of horse trading. Fadnavis believes winning over people with affection, not money, is key. He also commented on potential BJP returns and upcoming Rajya Sabha decisions. Several opposition candidates…

The Economic Times

Stocks Settle Sharply Lower as Tech Companies Routed

The S&P 500 Index ($SPX ) (SPY ) on Friday closed down -2.64%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -4.77%. June E-mini S&P futures (ESM26 ) fell -2.97%, and June E-mini Nasdaq futures...

Barchart

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Operator of S&P 500 decides against fast-tracking 'MegaCap' IPOs into its stock indexes

S&P Dow Jones Indices has decided not to change its guidelines for including large "MegaCap" companies in its stock indexes

AAP

Stock Indexes Plunge as Tech Stocks Get Dumped

The S&P 500 Index ($SPX ) (SPY ) today is down -1.00%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.08%. June E-mini S&P futures (ESM26 ) are down -1.11%, and June E-mini Nasdaq futures...

Barchart

Stocks Tumble on Tech Weakness and Fed Rate Hike Speculation

The S&P 500 Index ($SPX ) (SPY ) today is down -0.90%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.32%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.85%. June E-mini S&P futures (ESM26 ) are down -1.07%, and June E-mini Nasdaq futures...

Barchart

Snap Stock Jumps on Credit Rating Upgrade. What to Know.

Snap shares rally as S&P upgrades its credit rating on the company to BB-. But does that warrant buying SNAP stock at current levels? Let’s find out.

Barchart

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2026 Epsom Derby betting offers and free bets from top UK bookmakers

We rank the top betting offers for Saturday’s Epsom Derby, including free bets, money back promos and extra places

The Independent UK

Nashik Kumbh Mela 2027: Maharashtra government approves Rs 2,267 crore to acquire 191.21 acres of land

The Maharashtra government has allocated Rs 2,267 crore toward acquiring land for the Sadhu Gram initiative. This area will be used for hosting the 2027 Nashik-Trimbakeshwar Kumbh Mela, covering 191.21 acres to accommodate spiritual leaders and various religious organisations. Any misuse of these funds will result in stringent repercussions. The…

The Economic Times

Maharashtra Legislative Council polls: BJP asks Shiv Sena (UBT) to back 'horse-trading' allegations with proof

Navnath Ban, Maharashtra Bharatiya Janata Party spokesperson, has challenged Sanjay Raut of Shiv Sena (UBT) to present proof of horse trading in the upcoming Maharashtra Legislative Council elections. Ban accused Raut of making baseless claims, calling him a "habitual liar" and questioned his party's decision not to field a candidate…

The Economic Times

S&P 500 setback for Elon Musk owned SpaceX as swift entry for world's biggest-ever IPO into US Stock Market benchmark index ruled out, claim reports

SpaceX posted a net loss of $4.94 billion in 2025, ⁠even as revenue ‌rose 33 per cent to $18.67 billion.

The Economic Times

Stocks Rebound on Strength in Banks and Managed Healthcare

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +0.41%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.73%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.53%. June E-mini S&P futures (ESM26 ) rose +0.36%, and June E-mini Nasdaq futures...

Barchart

NCP (SP) alleges Rs 24,300 crore loss in Maharashtra's Ladki Bahin scheme

The Sharad Pawar-led NCP (SP) has labeled the Mukhyamantri Majhi Ladki Bahin Yojana a major scandal. Over 80 lakh ineligible beneficiaries reportedly received aid, costing the state Rs 24,300 crore. The party questions the BJP-led government's transparency. This misuse of public funds is a significant concern for Maharashtra's taxpayers.

The Economic Times

CME Group Stock: Is CME Underperforming the Financial Sector?

CME Group has underperformed the Financial sector over the past year, but analysts are moderately optimistic about the stock’s prospects.

Barchart

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Stock Indexes Post New Record Highs Amid AI Enthusiasm

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +0.13%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.45%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.48%. June E-mini S&P futures (ESM26 ) rose +0.14%, and June E-mini Nasdaq futures...

Barchart

Stocks Pressured by Uncertainty of US-Iran Ceasefire Prospects

The S&P 500 Index ($SPX ) (SPY ) today is down -0.20%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.23%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.33%. June E-mini S&P futures (ESM26 ) are down -0.18%, and June E-mini Nasdaq futures...

The Economic Times

Opposition leaders demand Rs 3,000/quintal price for onions, demonstrate on highway in Maharashtra

Maharashtra Congress president Harshwardhan Sapkal stated the Maha Vikas Aghadi will continue its agitation. Farmers are demanding a guaranteed price of Rs 25-30 per kg for their onion produce. The MVA organized a road blockade on the Pune-Nashik highway. They seek compensation for farmers and procurement of onion stock. Opposition…

The Economic Times

Double, Trouble, Toil and the AI Bubble: Why the boom may not be what it seems

As India navigates its AI and innovation trajectory, skepticism looms large. While AI technologies have fueled market growth worldwide, the leadership landscape is evolving. At present, the semiconductor and hardware arenas are thriving, eagerly responding to the financial backing from AI mega-corporations.

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The Economic Times

Maharashtra's Ladki Bahin beneficiary count drops by 80 lakh after verification drive

Around 80 lakh women are now ineligible for the Mukhyamantri Majhi Ladki Bahin Yojana. The Opposition claims this is due to a financial crisis. Chief Minister Devendra Fadnavis states only ineligible beneficiaries were removed after verification. The government aims to ensure benefits reach deserving recipients. The scheme targets poorer women…

The Economic Times

80 lakh Maharashtra women ineligible for Ladki Bahin scheme; Oppn alleges financial crisis

Around 80 lakh women in Maharashtra are no longer eligible for the Mukhyamantri Majhi Ladki Bahin scheme. This follows an e-KYC deadline, with the government citing non-compliance with eligibility criteria. Opposition parties allege this reflects a severe financial crisis in the state. The government states the beneficiary count dropped from…

Fortune

Elon Musk wants to merge SpaceX and Tesla into a $3.4 trillion giant. The problem: it would lose money from day one

A SpaceX-Tesla union would mark by far the largest merger of all time.

International Business Times

S&P 500 Posts Record 9th Straight Weekly Win and Best May in Years — Three Themes Drove It All

The S&P 500 closed May at 7,580, up 5% for the month and notching its ninth straight weekly gain. Three forces drove the rally: Iran war peace hopes, a blowout Dell earnings beat that reset expectations for AI infrastructure spending, and relentless tech strength powered by Micron, Snowflake, and Qualcomm.

Barchart

Stocks Rally on Easing Geopolitical Tensions and AI Enthusiasm

The S&P 500 Index ($SPX ) (SPY ) on Friday closed up +0.22%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.72%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.36%. June E-mini S&P futures (ESM26 ) rose +0.19%, and June E-mini Nasdaq futures...

The Economic Times

US stocks today: US stocks hits new closing highs on tech strength, Middle East deal hopes

Wall Street ended at record highs on Friday, driven by strong tech earnings and optimism around AI-led growth. Dell’s upbeat forecast lifted chip and software stocks, while investors tracked developments on a potential US-Iran deal. Despite inflation concerns, major indexes posted weekly and monthly gains.

MarketBeat

Figure Technology Solutions Bets on Blockchain Rails to Reinvent Capital Markets

Figure Technology Solutions (NASDAQ:FIGR) Chief Executive Officer Michael Tannenbaum said the company’s core strategy has remained consistent since its founding in 2018: building capital markets marketplaces on blockchain rails while using automation to lower costs and improve liquidity. Speaking w

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