SpaceX Joins the Nasdaq-100 List

SpaceX 將加入納斯達克100指數名單


Introduction

SpaceX will join the Nasdaq-100 list on July 7.

SpaceX 將於 7 月 7 日加入納斯達克100指數名單。

Main Body

Nasdaq has a new rule. Now, big companies can join the list faster. They only need to trade for 15 days. SpaceX started trading on June 12, so it can join now.

納斯達克有一項新規定。現在大公司可以更快加入名單,僅需交易 15 天即可。SpaceX 於 6 月 12 日開始交易,因此現在可以加入。

Many funds will buy SpaceX shares. J.P. Morgan says funds might spend $4.3 billion. This is because these funds must follow the Nasdaq list.

許多基金將購買 SpaceX 的股份。摩根大通表示,基金可能會投入 43 億美元。這是因為這些基金必須追蹤納斯達克指數名單。

Some people disagree. Morningstar says SpaceX is too expensive. The company lost $4.9 billion last year. Also, the S&P 500 list will not take SpaceX yet. They want companies to make money first.

有些人並不認同。Morningstar 表示 SpaceX 過於昂貴。該公司去年虧損了 49 億美元。此外,標準普爾 500 指數目前還不會將 SpaceX 納入,他們要求公司必須先獲利。

Conclusion

SpaceX joins the list on July 7. Funds will start buying shares on July 6.

SpaceX 將於 7 月 7 日加入名單。基金將於 7 月 6 日開始購買股份。

Vocabulary Learning

🕒 The 'Time' Pattern

Look at how the text talks about dates. To get to A2, you must know that we use on for specific days.

  • on July 7
  • on June 12
  • on July 6

Rule: Person \rightarrow Date = use "on".


💰 Money Words

In this story, we see three ways to talk about money:

  1. Spend: Give money to buy something \rightarrow spend $4.3 billion
  2. Lose: To have less money than before \rightarrow lost $4.9 billion
  3. Make: To earn money/profit \rightarrow make money first

⚡ Simple Logic: Because

We use because to explain 'Why?'.

  • Why buy shares? \rightarrow Because funds must follow the list.
  • Why is it a problem? \rightarrow Because SpaceX is too expensive.

Vocabulary Learning

rule (n.)
An official instruction about what you can or cannot do
Example:The school has a rule about wearing uniforms.
trade (v.)
To buy and sell things, like stocks or goods
Example:Many people trade stocks on their phones.
funds (n.)
Large amounts of money used for a specific purpose
Example:The government provided funds to build the new bridge.
shares (n.)
Parts of a company that people can buy
Example:He owns ten shares in the technology company.
disagree (v.)
To have a different opinion from someone else
Example:I disagree with you about the best movie.
expensive (adj.)
Costing a lot of money
Example:This new car is too expensive for me.
Practice A2 words in a crossword