Lu Wang (@luwangnyc) header
Lu Wang (@luwangnyc) profile picture

cross-asset reporter at Bloomberg. https://teapaw.org/t.co/2vshPVdQqy

New York
Joined March 2013
Photo by Lu Wang (@luwangnyc)Photo by Lu Wang (@luwangnyc)Photo by Lu Wang (@luwangnyc)Photo by Lu Wang (@luwangnyc)Photo by Lu Wang (@luwangnyc)Photo by Lu Wang (@luwangnyc)Photo by Lu Wang (@luwangnyc)Photo by Lu Wang (@luwangnyc)Photo by Lu Wang (@luwangnyc)Photo by Lu Wang (@luwangnyc)
SpaceX has started to lose momentum after its IPO. Those betting against the stock will soon face a different force: billions of dollars in mechanical buying. Aftermarket close Friday, SPCX will be added to Russell indexes. And soon, Nasdaq. W/ @luwangnyc bloomberg.com/news/articles/…
1
4
12
943
At least five Wall Street firms raised year-end targets for S&P 500 this week: Barclays 7800 vs 7650 fundstrat 8000 vs 7700 JPMorgan 7800 vs 7600 SocGen 8000 vs 7300 Stifel 7800 vs 7000
1
324
Are the affordability crisis, AI job threat etc fueling a generation of degens? .@luwangnyc and I spoke to a few Gen-Z traders and also the millennial economists whose research might actually support this thesis
1
3
8
1,797
SpaceX, OpenAI and Anthropic are fueling a mega IPO revival, ending Wall Street's years-long equity drought bloomberg.com/news/features/… with @csreinicke
2
1
2,850
Much has been said about the hype surrounding SpaceX's IPO but behind the scenes, firms are ensuring the plumbing needed to support what could be the largest IPO in history will run smoothly. Some even plan to have 'watch parties.' With @luwangnyc bloomberg.com/news/articles/…
1
2
9
1,063
SpaceX's IPO on Friday won't just matter for Musk fans. If the company joins major indexes, millions of investors could gain exposure automatically through passive funds. We break down what happens next in our latest explainer. With @luwangnyc bloomberg.com/news/articles/…
2
7
546
Wall Street’s retail-trading army has helped power a market where almost anything speculative could find a bid. Now, a tech selloff and Bitcoin’s slide threaten to cloud the backdrop for SpaceX’s planned IPO. With @luwangnyc bloomberg.com/news/articles/…
3
7
591
S&P’s SpaceX snub has handed Elon Musk a fresh grievance -- and a reminder that some of Wall Street’s most consequential decisions are made by the index overlords. With @luwangnyc and @justinaknope bloomberg.com/news/articles/…
5
6
19
6,814
Marvell Technology and Flex will join the S&P 500 prior to June 22 trading. Both stocks have had a triple digit rally so far this year. They will replace Pool and The Campbell’s Company. bloomberg.com/news/articles/…
1
7
601
Exciting 😍 debuting this Friday June 5! @scarletfu @tomkeene
1
2
1
24
12,914
We’re doing more reporting on this proactive group of SpaceX employees. If you’re in their Slack room, we’d love to have a chat. If you know someone there, please spread the word. DM us or hit us at [email protected], [email protected].
#SpaceX is set to mint millionaires, but how will they manage the $$? What if they tap collective power to negotiate a better wealth deal? @luwangnyc & I have the scoop on how a cohort of workers team up for lower fees, more tax-saving tools before IPO bloomberg.com/news/articles/…
3
4
984
Today's Big Take looks at how SpaceX's IPO is so consequential, it's reorganizing some parts of the market. With the amazing @luwangnyc @BTLipschultz and a great team of editors. Here's a gift link bloomberg.com/news/features/…
6
18
3,157
FTSE Russell adopted a rule change that will fast-track the addition of newly listed large-cap companies to their main indexes, weeks ahead of SpaceX’s IPO. This follows Nasdaq's move earlier this year. With @luwangnyc bloomberg.com/news/articles/…
1
9
26
7,735
Nasdaq is shaking up its main index: Big IPOs can now enter the NDX after 15 trading days, instead of waiting three months, and there will be no more minimum 10% float required for eligibility. Revisions will take effect on May 1 @luwangnyc bloomberg.com/news/articles/…
3
4
360
S&P, Nasdaq and FTSE Russell are weighing rule changes to fast-track newly listed companies into their flagship indexes -- a rare, coordinated rethink ahead of potential trillion-dollar IPOs like SpaceX, OpenAI and Anthropic. With the amazing @luwangnyc bloomberg.com/news/articles/…
3
1
7
6,814