SpaceX to join the Nasdaq-100 in a fast-tracked process that will drive huge ETF buying demand

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SpaceX became one of the quickest additions ever to the Nasdaq-100 index, setting up a fresh wave of buying from passive investors less than a month after the company's blockbuster public debut . Nasdaq announced after the close Friday that SpaceX qualifies for inclusion in the benchmark technology index. Assuming the company meets the requirements, index-tracking funds and other product sponsors would begin purchasing shares after the market closes on July 6, with SpaceX officially joining the Nasdaq-100 before trading begins on July 7. More than $800 billion tracks the index, including the Invesco QQQ Trust (QQQ) , which is one of the most popular securities traded each day and is seen as a barometer for the artificial intelligence bull market. The aerospace and satellite company is expected to enter the index with a weighting of less than 1%. Adding SpaceX this quickly would make the Elon Musk company one of the first beneficiaries of Nasdaq's recently adopted fast-track i...
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Here’s Why PayPay Corporation (PAYP) Is Among the Most Promising New Technology Stocks

Here’s Why PayPay Corporation (PAYP) Is Among the Most Promising New Technology Stocks Talha Qureshi Sat, June 27, 2026 at 1:16 PM PDT 2 min read PAYP PayPay Corporation (NASDAQ: PAYP ) is one of the Most Promising New Technology Stocks to Buy According to Analysts . Recently, on June 8, Yoshitaka Nagao from Bank of America Securities maintained a Buy rating on the stock with a price target of $26. The firm noted the recent acquisition of T&D Financial Life as a strategically sound move that strengthens its long-term positioning. On June 4, PayPay Corporation (NASDAQ:PAYP) acquired a 70.2% stake in T&D Financial Life at just over 1.0x embedded value. Nagao views the price as full but fair, and notes that it is funded entirely from existing cash, suggesting no equity dilution and no strain on balance sheet flexibility. The analyst sees the addition of a savings-focused life insurer as a meaningful expansion of PayPay's digital financial platform. The firm noted that with over 74 million users already on the platform, the company is well placed to offer end-to-end financial services across different life stages. In terms of profitability, analyst Nagao believes that internalizing asset management and optimizing reinsurance arrangements should improve spread-based earnings over time. PayPay Corp. (NASDAQ:PAYP) is a financial technology company that serves users and merchants in Japan. The company facilitates mobile Payments via its app, as well as banking & lending, investment & securities, CFD trading, asset management, and credit & financing services. It also offers value-added services, such as insurance and marketing, with the option to subscribe. While we acknowledge the potential of PAYP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock . READ NEXT: 10 Good Stocks to Invest in Now and 10 Most Undervalued US Stocks According to Hedge Funds . Disclosure: None. Follow Insider Monkey on Google News . Terms and Privacy Policy Your Privacy Choices CA Privacy Notice More Info

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