Rebalancing will happen on 25 July 2023 (Tue), 5am SGT.
Nasdaq has conducted a special rebalance only twice before -- in December 1998 and May 2011. Nasdaq's rules state that if all stocks with a weighting of more than 4.5% in the index exceed 48%, then Nasdaq rebalances the indicator. Under Nasdaq rules, the rebalancing process sets the aggregate weight of stocks with a weighting of 4.5% or more at 40%.
The special rebalance will be bas...

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Spoiler: At the end of this post, there is a chance for you to win points!Happy Monday, mooers! Welcome back to Weekly Buzz, where we review the news, performance, and community sentiment of the selected buzzing stocks on moomoo platform based on search and message volumes of last week! (Nano caps are excluded.)
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Last week inflation has continued to slow: The closely watched Consumer Price ...

The National Basketball Association (NBA) is reportedly seeking a new television broadcast contract for the next decade of games, which may be estimated to cost more than $5 billion per year.
Currently, Disney , parent company of ABC and ESPN, and Warner Bros. Discovery Channel , owner of TNT, are in an exclusive negotiating window to renew their contracts with the NBA. The current deal expires in ...