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Is Broadcom (AVGO) The Best AI Chip Stock in Billionaire Philippe Laffont’s Portfolio?
Insider Monkey108d agoneutral
Is Broadcom (AVGO) The Best AI Chip Stock in Billionaire Philippe Laffont’s Portfolio?

We just covered Here is How Billionaire Philippe Laffont’s Top 10 Picks Crushed The Market. Broadcom Inc. (NASDAQ:AVGO) ranks #8 (see the Here is How Billionaire Philippe Laffont’s Top 5 Picks Crushed The Market). YTD Stock Performance: +22% Philippe Laffont’s Stake: $1.90 Billion Broadcom Inc. (NASDAQ:AVGO) is up about 22% so far this year amid rising demand […]

S&P Is Thinking About Changing Its Rules for the S&P 500. What It Means for SpaceX, OpenAI.
Barrons.com108d agoneutral
S&P Is Thinking About Changing Its Rules for the S&P 500. What It Means for SpaceX, OpenAI.

SpaceX, Anthropic and OpenAI could all be fast-tracked into the S&P 500 after their potential IPOs under new rules proposed late Thursday. S&P Dow Jones Indices unveiled a number of potential changes to its eligibility criteria and rules for so-called Megacap companies, in a document published late Thursday. Megacap companies would also be exempt from financial viability criteria requiring them to be profitable before being included in S&P indexes.