GM Ditches NYSE for Nasdaq After More Than a Century
General Motors is moving its stock listing from the New York Stock Exchange to the Nasdaq, ending a more‑than‑100‑year presence on the NYSE.
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The automaker says the switch is less about abandoning cars and more about aligning with the tech‑centric vibe of the Nasdaq, an exchange known for housing many technology companies.
While the move is symbolic, the humor isn’t lost on observers. It’s the corporate equivalent of a mime swapping a box for a hula hoop because the hula hoop is trending on social media. The NYSE has long been associated with tradition; the Nasdaq, with a younger, digital‑first image.
Investors will now watch GM’s equity story play out on a platform where the language of code often mixes with the language of steel. The cars will still be built of metal, but the marketing may increasingly sound like a pitch deck written by a robot that has never seen a manual transmission.
Anthropic Files for US IPO, Aiming for One of the Largest Debuts
AI startup Anthropic, the creator of the Claude chatbot, has filed for a US listing that could become one of the biggest IPOs in history, tu…