KKR, CrowdStrike and GoDaddy to Join S&P 500 as Index Rebalances

Bloomberg06-10

KKR & Co. Inc., CrowdStrike Holdings, Inc. and GoDaddy Inc. will join the S&P 500 as part of its latest quarterly weighting change.The companies will replace Robert Half Inc., Comerica Inc., and ...

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setia100
·06-08
Good stuff 👍
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Redsuntan
·06-08
No Palantir?
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Inc., CrowdStrike Holdings, Inc. and GoDaddy Inc. will join the S&P 500 as part of its latest quarterly weighting change.The companies will replace Robert Half Inc., Comerica Inc., and ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-06-07/kkr-crowdstrike-and-godaddy-to-join-s-p-500-as-index-rebalances?srnd=markets-vp\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>KKR, CrowdStrike and GoDaddy to Join S&P 500 as Index Rebalances</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKKR, CrowdStrike and GoDaddy to Join S&P 500 as Index Rebalances\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-10 16:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-06-07/kkr-crowdstrike-and-godaddy-to-join-s-p-500-as-index-rebalances?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KKR & Co. Inc., CrowdStrike Holdings, Inc. and GoDaddy Inc. will join the S&P 500 as part of its latest quarterly weighting change.The companies will replace Robert Half Inc., Comerica Inc., and ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-06-07/kkr-crowdstrike-and-godaddy-to-join-s-p-500-as-index-rebalances?srnd=markets-vp\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CRWD","symbol_name":"CrowdStrike Holdings, Inc.","start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2024-06-07/kkr-crowdstrike-and-godaddy-to-join-s-p-500-as-index-rebalances?srnd=markets-vp","article_id":"1147740452","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1147740452","pubTimestamp":1718007889,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"KKR & Co. 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The changes are set to go into effect prior to the open of trading on Monday, June 24.New York-based KKR’s inclusion underscores the massive growth of the private investment business in recent years. KKR, founded in 1976 by Henry Kravis, Jerome Kohlberg and George Roberts, recently laid out a plan to reach at least $1 trillion of assets under management in five years, in part by courting retirees and individuals. Famous for its private equity moves, the firm has expanded across strategies from buyouts and credit to infrastructure, real estate and insurance.Shares of KKR rose 10% in premarket trading on Monday.Meantime, CrowdStrike and GoDaddy’s additions come as stock investors are flocking toward software companies in a bid to capture the growth of cloud computing and artificial intelligence.Shares of cybersecurity firm CrowdStrike rose 5% in premarket trading on Monday. 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Inc., CrowdStrike Holdings, Inc. and GoDaddy Inc. will join the S&P 500 as part of its latest quarterly weighting change.The companies will replace Robert Half Inc., Comerica Inc., and Illum","content":"<html><head></head><body><p>KKR &amp; Co. Inc., CrowdStrike Holdings, Inc. and GoDaddy Inc. will join the S&amp;P 500 as part of its latest quarterly weighting change.</p><p style=\"text-align: start;\">The companies will replace Robert Half Inc., Comerica Inc., and Illumina Inc, according to a press release from S&amp;P Dow Jones Indices Friday. The changes are set to go into effect prior to the open of trading on Monday, June 24.</p><p style=\"text-align: start;\">New York-based KKR’s inclusion underscores the massive growth of the private investment business in recent years. KKR, founded in 1976 by Henry Kravis, Jerome Kohlberg and George Roberts, recently laid out a plan to reach at least $1 trillion of assets under management in five years, in part by courting retirees and individuals. Famous for its private equity moves, the firm has expanded across strategies from buyouts and credit to infrastructure, real estate and insurance.</p><p style=\"text-align: start;\">Shares of KKR rose 10% in premarket trading on Monday.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e80a287256ece3cbdd76b876a23f5de1\" tg-width=\"453\" tg-height=\"383\"/></p><p>Meantime, CrowdStrike and GoDaddy’s additions come as stock investors are flocking toward software companies in a bid to capture the growth of cloud computing and artificial intelligence.</p><p style=\"text-align: start;\">Shares of cybersecurity firm CrowdStrike rose 5% in premarket trading on Monday. The stock has more than doubled over the past year to become the second-best performer in the tech-heavy Nasdaq 100 Index, surpassed only by Nvidia Corp.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/200b0d750bee3c5eb099eb553ca017d1\" tg-width=\"461\" tg-height=\"387\"/></p><p>On Tuesday, CrowdStrike delivered first-quarter earnings that beat Wall Street’s expectations, despite a pullback in spending that has challenged its cybersecurity rivals.</p><p style=\"text-align: start;\">Shares of web-platform company GoDaddy have gained roughly 30% through Friday’s close. Shares rose 3% in premarket trading on Monday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a89dd2e05280c4a560ac9648950132f7\" tg-width=\"454\" tg-height=\"384\"/></p><p style=\"text-align: start;\">To qualify for the S&amp;P 500, companies must be highly liquid US firms with a market capitalization of at least $18 billion and meet profitability, liquidity and share-float standards. As of May’s <u>methodology</u>, thresholds for the S&amp;P MidCap 400 Index and S&amp;P SmallCap 600 Index are $6.7 billion to $18.0 billion and $1.0 billion to $6.7 billion, respectively.</p><p style=\"text-align: start;\">Inclusion in the benchmark is becoming more important for companies in a world increasingly dominated by passive investment funds. Furthermore, a spot in the coveted S&amp;P 500 boosts a company’s investor profile and adds to trading liquidity — factors that can potentially propel its stock price higher.</p><p style=\"text-align: start;\">Expulsion from the benchmark can weigh on stock prices, as passive investors are forced to sell the shares and realign with the S&amp;P 500’s new composition.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>KKR, CrowdStrike and GoDaddy to Join S&P 500 as Index Rebalances</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKKR, CrowdStrike and GoDaddy to Join S&P 500 as Index Rebalances\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-10 16:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-06-07/kkr-crowdstrike-and-godaddy-to-join-s-p-500-as-index-rebalances?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KKR & Co. Inc., CrowdStrike Holdings, Inc. and GoDaddy Inc. will join the S&P 500 as part of its latest quarterly weighting change.The companies will replace Robert Half Inc., Comerica Inc., and ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-06-07/kkr-crowdstrike-and-godaddy-to-join-s-p-500-as-index-rebalances?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRWD":"CrowdStrike Holdings, Inc.",".SPX":"S&P 500 Index","KKR":"KKR & Co L.P.","GDDY":"Godaddy Inc."},"source_url":"https://www.bloomberg.com/news/articles/2024-06-07/kkr-crowdstrike-and-godaddy-to-join-s-p-500-as-index-rebalances?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147740452","content_text":"KKR & Co. Inc., CrowdStrike Holdings, Inc. and GoDaddy Inc. will join the S&P 500 as part of its latest quarterly weighting change.The companies will replace Robert Half Inc., Comerica Inc., and Illumina Inc, according to a press release from S&P Dow Jones Indices Friday. The changes are set to go into effect prior to the open of trading on Monday, June 24.New York-based KKR’s inclusion underscores the massive growth of the private investment business in recent years. KKR, founded in 1976 by Henry Kravis, Jerome Kohlberg and George Roberts, recently laid out a plan to reach at least $1 trillion of assets under management in five years, in part by courting retirees and individuals. Famous for its private equity moves, the firm has expanded across strategies from buyouts and credit to infrastructure, real estate and insurance.Shares of KKR rose 10% in premarket trading on Monday.Meantime, CrowdStrike and GoDaddy’s additions come as stock investors are flocking toward software companies in a bid to capture the growth of cloud computing and artificial intelligence.Shares of cybersecurity firm CrowdStrike rose 5% in premarket trading on Monday. The stock has more than doubled over the past year to become the second-best performer in the tech-heavy Nasdaq 100 Index, surpassed only by Nvidia Corp.On Tuesday, CrowdStrike delivered first-quarter earnings that beat Wall Street’s expectations, despite a pullback in spending that has challenged its cybersecurity rivals.Shares of web-platform company GoDaddy have gained roughly 30% through Friday’s close. Shares rose 3% in premarket trading on Monday.To qualify for the S&P 500, companies must be highly liquid US firms with a market capitalization of at least $18 billion and meet profitability, liquidity and share-float standards. As of May’s methodology, thresholds for the S&P MidCap 400 Index and S&P SmallCap 600 Index are $6.7 billion to $18.0 billion and $1.0 billion to $6.7 billion, respectively.Inclusion in the benchmark is becoming more important for companies in a world increasingly dominated by passive investment funds. Furthermore, a spot in the coveted S&P 500 boosts a company’s investor profile and adds to trading liquidity — factors that can potentially propel its stock price higher.Expulsion from the benchmark can weigh on stock prices, as passive investors are forced to sell the shares and realign with the S&P 500’s new composition.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":314463064752416,"gmtCreate":1717804547157,"gmtModify":1717804550993,"author":{"id":"4089280423525690","authorId":"4089280423525690","name":"Redsuntan","avatar":"https://static.tigerbbs.com/a00d76359545069ad7c5d484f0d39965","vip":1,"hat":"https://static.tigerbbs.com/306aa047bc14b6942cda1aed925cf8c3","crmLevel":2,"crmLevelSwitch":1,"idStr":"4089280423525690","authorIdStr":"4089280423525690"},"htmlText":"No Palantir?","listText":"No Palantir?","text":"No Palantir?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/314463064752416","repostId":1147740452,"repostType":4,"repost":{"id":"1147740452","pubTimestamp":1718007889,"share":"https://ttm.financial/m/news/1147740452?lang=&edition=fundamental","pubTime":"2024-06-10 16:24","market":"us","language":"en","title":"KKR, CrowdStrike and GoDaddy to Join S&P 500 as Index Rebalances","url":"https://stock-news.laohu8.com/highlight/detail?id=1147740452","media":"Bloomberg","summary":"KKR & Co. Inc., CrowdStrike Holdings, Inc. and GoDaddy Inc. will join the S&P 500 as part of its latest quarterly weighting change.The companies will replace Robert Half Inc., Comerica Inc., and Illum","content":"<html><head></head><body><p>KKR &amp; Co. Inc., CrowdStrike Holdings, Inc. and GoDaddy Inc. will join the S&amp;P 500 as part of its latest quarterly weighting change.</p><p style=\"text-align: start;\">The companies will replace Robert Half Inc., Comerica Inc., and Illumina Inc, according to a press release from S&amp;P Dow Jones Indices Friday. The changes are set to go into effect prior to the open of trading on Monday, June 24.</p><p style=\"text-align: start;\">New York-based KKR’s inclusion underscores the massive growth of the private investment business in recent years. KKR, founded in 1976 by Henry Kravis, Jerome Kohlberg and George Roberts, recently laid out a plan to reach at least $1 trillion of assets under management in five years, in part by courting retirees and individuals. Famous for its private equity moves, the firm has expanded across strategies from buyouts and credit to infrastructure, real estate and insurance.</p><p style=\"text-align: start;\">Shares of KKR rose 10% in premarket trading on Monday.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e80a287256ece3cbdd76b876a23f5de1\" tg-width=\"453\" tg-height=\"383\"/></p><p>Meantime, CrowdStrike and GoDaddy’s additions come as stock investors are flocking toward software companies in a bid to capture the growth of cloud computing and artificial intelligence.</p><p style=\"text-align: start;\">Shares of cybersecurity firm CrowdStrike rose 5% in premarket trading on Monday. The stock has more than doubled over the past year to become the second-best performer in the tech-heavy Nasdaq 100 Index, surpassed only by Nvidia Corp.</p><p></p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/200b0d750bee3c5eb099eb553ca017d1\" tg-width=\"461\" tg-height=\"387\"/></p><p>On Tuesday, CrowdStrike delivered first-quarter earnings that beat Wall Street’s expectations, despite a pullback in spending that has challenged its cybersecurity rivals.</p><p style=\"text-align: start;\">Shares of web-platform company GoDaddy have gained roughly 30% through Friday’s close. Shares rose 3% in premarket trading on Monday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a89dd2e05280c4a560ac9648950132f7\" tg-width=\"454\" tg-height=\"384\"/></p><p style=\"text-align: start;\">To qualify for the S&amp;P 500, companies must be highly liquid US firms with a market capitalization of at least $18 billion and meet profitability, liquidity and share-float standards. As of May’s <u>methodology</u>, thresholds for the S&amp;P MidCap 400 Index and S&amp;P SmallCap 600 Index are $6.7 billion to $18.0 billion and $1.0 billion to $6.7 billion, respectively.</p><p style=\"text-align: start;\">Inclusion in the benchmark is becoming more important for companies in a world increasingly dominated by passive investment funds. Furthermore, a spot in the coveted S&amp;P 500 boosts a company’s investor profile and adds to trading liquidity — factors that can potentially propel its stock price higher.</p><p style=\"text-align: start;\">Expulsion from the benchmark can weigh on stock prices, as passive investors are forced to sell the shares and realign with the S&amp;P 500’s new composition.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>KKR, CrowdStrike and GoDaddy to Join S&P 500 as Index Rebalances</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKKR, CrowdStrike and GoDaddy to Join S&P 500 as Index Rebalances\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-06-10 16:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-06-07/kkr-crowdstrike-and-godaddy-to-join-s-p-500-as-index-rebalances?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KKR & Co. Inc., CrowdStrike Holdings, Inc. and GoDaddy Inc. will join the S&P 500 as part of its latest quarterly weighting change.The companies will replace Robert Half Inc., Comerica Inc., and ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-06-07/kkr-crowdstrike-and-godaddy-to-join-s-p-500-as-index-rebalances?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRWD":"CrowdStrike Holdings, Inc.",".SPX":"S&P 500 Index","KKR":"KKR & Co L.P.","GDDY":"Godaddy Inc."},"source_url":"https://www.bloomberg.com/news/articles/2024-06-07/kkr-crowdstrike-and-godaddy-to-join-s-p-500-as-index-rebalances?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147740452","content_text":"KKR & Co. Inc., CrowdStrike Holdings, Inc. and GoDaddy Inc. will join the S&P 500 as part of its latest quarterly weighting change.The companies will replace Robert Half Inc., Comerica Inc., and Illumina Inc, according to a press release from S&P Dow Jones Indices Friday. The changes are set to go into effect prior to the open of trading on Monday, June 24.New York-based KKR’s inclusion underscores the massive growth of the private investment business in recent years. KKR, founded in 1976 by Henry Kravis, Jerome Kohlberg and George Roberts, recently laid out a plan to reach at least $1 trillion of assets under management in five years, in part by courting retirees and individuals. Famous for its private equity moves, the firm has expanded across strategies from buyouts and credit to infrastructure, real estate and insurance.Shares of KKR rose 10% in premarket trading on Monday.Meantime, CrowdStrike and GoDaddy’s additions come as stock investors are flocking toward software companies in a bid to capture the growth of cloud computing and artificial intelligence.Shares of cybersecurity firm CrowdStrike rose 5% in premarket trading on Monday. The stock has more than doubled over the past year to become the second-best performer in the tech-heavy Nasdaq 100 Index, surpassed only by Nvidia Corp.On Tuesday, CrowdStrike delivered first-quarter earnings that beat Wall Street’s expectations, despite a pullback in spending that has challenged its cybersecurity rivals.Shares of web-platform company GoDaddy have gained roughly 30% through Friday’s close. Shares rose 3% in premarket trading on Monday.To qualify for the S&P 500, companies must be highly liquid US firms with a market capitalization of at least $18 billion and meet profitability, liquidity and share-float standards. As of May’s methodology, thresholds for the S&P MidCap 400 Index and S&P SmallCap 600 Index are $6.7 billion to $18.0 billion and $1.0 billion to $6.7 billion, respectively.Inclusion in the benchmark is becoming more important for companies in a world increasingly dominated by passive investment funds. Furthermore, a spot in the coveted S&P 500 boosts a company’s investor profile and adds to trading liquidity — factors that can potentially propel its stock price higher.Expulsion from the benchmark can weigh on stock prices, as passive investors are forced to sell the shares and realign with the S&P 500’s new composition.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":15,"commentSize":2,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}