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$Futu Holdings Ltd (FUTU.US)$
We know that the name of our app "moomoo" has aroused some discussions on social media. Our staff are also curious about the origin of the name "moomoo." By chance, a casual talk with Futu CEO, Leaf, at leisure unravels the mystery.![]()
"One night three years ago, when we were at loggerheads over the name for this international stock trading app, the wife of Keith who was in charge of the US branch of FUTU happened to pass by and heard our quarrel.
'How about calling it moomoo?' She threw out an off-the-cuff remark, 'it's in a nursery rhyme.'
What a wake-up call, snapping me out of a dazed state! Moo, as the sound of bull, the metaphor of which is direct, vivid, catchy, and lovely. Although it's made of six letters, only the two letters, 'm' and 'o,' are contained and also repeated regularly. Even hard to misspell it!
I wa...
We know that the name of our app "moomoo" has aroused some discussions on social media. Our staff are also curious about the origin of the name "moomoo." By chance, a casual talk with Futu CEO, Leaf, at leisure unravels the mystery.
"One night three years ago, when we were at loggerheads over the name for this international stock trading app, the wife of Keith who was in charge of the US branch of FUTU happened to pass by and heard our quarrel.
'How about calling it moomoo?' She threw out an off-the-cuff remark, 'it's in a nursery rhyme.'
What a wake-up call, snapping me out of a dazed state! Moo, as the sound of bull, the metaphor of which is direct, vivid, catchy, and lovely. Although it's made of six letters, only the two letters, 'm' and 'o,' are contained and also repeated regularly. Even hard to misspell it!
I wa...
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commented on
$TENCENT (00700.HK)$ which direction will the price go after earning? up or down?
4
New_To_Trade
commented on
What are the largest companies in the S&P 500?
The companies that make up the S&P 500 index are selected by the committee based on a variety of criteria. Company rankings are adjusted quarterly. Some of the selection criteria include the company's market capitalization, liquidity, fixed domicile, industry classification, and listed exchanges.
Certain selection criteria are necessary; for example, a market capitalization of at least $9.8 billion and a minimum monthly trading volume of at least 250,000 shares. Candidate companies must also trade in the US and be listed on the New York Stock Exchange or NASDAQ at the same time. Despite this, some of the companies in the index never operated in the US, or were once headquartered in the US, but have now moved to other countries.
The top 10 S&P 500 companies include: *
$Apple (AAPL.US)$
$Microsoft (MSFT.US)$
$Amazon (AMZN.US)$
$Meta Platforms (FB.US)$
$Tesla (TSLA.US)$
$Alphabet-A (GOOGL.US)$
$Berkshire Hathaway-B (BRK.B.US)$
$Johnson & Johnson (JNJ.US)$
$JPMorgan (JPM.US)$
So as long as the leading US companies perform well, the S&P index will naturally rise!
The companies that make up the S&P 500 index are selected by the committee based on a variety of criteria. Company rankings are adjusted quarterly. Some of the selection criteria include the company's market capitalization, liquidity, fixed domicile, industry classification, and listed exchanges.
Certain selection criteria are necessary; for example, a market capitalization of at least $9.8 billion and a minimum monthly trading volume of at least 250,000 shares. Candidate companies must also trade in the US and be listed on the New York Stock Exchange or NASDAQ at the same time. Despite this, some of the companies in the index never operated in the US, or were once headquartered in the US, but have now moved to other countries.
The top 10 S&P 500 companies include: *
$Apple (AAPL.US)$
$Microsoft (MSFT.US)$
$Amazon (AMZN.US)$
$Meta Platforms (FB.US)$
$Tesla (TSLA.US)$
$Alphabet-A (GOOGL.US)$
$Berkshire Hathaway-B (BRK.B.US)$
$Johnson & Johnson (JNJ.US)$
$JPMorgan (JPM.US)$
So as long as the leading US companies perform well, the S&P index will naturally rise!
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