this post was submitted on 11 Oct 2024
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Ride-sharing giants Uber, Lyft jump after Tesla's 'toothless taxi' fails to excite investors (www.cnbc.com)
submitted 9 months ago by vegeta@lemmy.world to c/technology@lemmy.world
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[–] Knock_Knock_Lemmy_In@lemmy.world 3 points 9 months ago (1 children)
  • Minimum Market Capitalization of $8.2 billion
  • Structured as Corporation Based in the U.S. with Common Stock in Capitalization
  • Listed on an Eligible U.S. Exchange (e.g. NYSE, NASDAQ)
  • Positive Reported Earnings in the Most Recent Quarter and on a Trailing Twelve Months (TTM) basis – i.e. the Sum of the Most Recent Historical Four Quarters

This last one is interesting. Large companies with very risky cash flows are excluded from the S&P 500

[–] vxx@lemmy.world 3 points 9 months ago* (last edited 9 months ago)

These are the requirements you need to fulfill before a board of investors decide. I don't think they need to have anything else than "We don't like you anymore" to get rid off it.

But yeah, October the 23rd will be an exciting day.

On a different note, musk said it himself that only a fascist takeover of trump can spare him from jail, so even he knows he and his company is cooked, if laws finally catch up to him.