State of Markets II

kept by eddie oct 01

a16z’s State of Markets II shows tech drove ~76% of S&P 500 earnings growth in 1H’26, hardware and AI infrastructure are rising, and software faces a ‘prove‑it’ phase.

S&P 500 rejects SpaceX, also blocking entry for OpenAI and Anthropic
S&P 500 rejects rule changes that would have fast-tracked SpaceX, OpenAI, and Anthropic into the index, maintaining standard eligibility criteria like profitability and a one-year seasoning period.
also on S&P 500, #ai
SpaceX’s IPO Is the Final Frontier for Index Funds | The Intelligent Investor for June 2 - WSJ
Index providers are fast-tracking giant IPOs like SpaceX and Anthropic into major benchmarks, forcing index funds to buy heavily on day one instead of waiting for a seasoning period.
also on S&P 500
Technological Involution
Technological progress has stagnated as society lost its ability to imagine novel frontiers and founders now chase institutionalized narratives rather than deep personal conviction in technology.
also on Andreessen Horowitz, #technology, #software-engineering
The Rise of the Forward Deployed Engineer — and How To Do the Job Right
Forward deployed engineers should work as product-team extensions, turning field‑level problem solving into platform improvements by capturing customer nouns, verbs, and provenance.
also on Andreessen Horowitz, #software-engineering, #ai