▲ 8 r/stocks
What's your opinion on S&P GAAP rules changes where profitability isn't needed?
The S&P is probably going to change some rules around GAAP. IPO's won't need profitability. SpaceX, OpenAI, or Anthropic can join 6 months after going public, no profit necessary.
I'm shocked that no one is noticing that all kinds of passive index funds, thus retail investors and retirement funds will be forced to buy companies that don't have a path to profitability.
Investors will just cash out.
u/Eagle_Chick — 13 days ago