Netflix Enters S&P 500, New York Times Leaves It

The New York Times' parent company has been demoted from the S&P 500, the defining U.S. large-cap stock index, while online video player Netflix ascended to take its place. As entrepreneur Dewayne Hendricks said on Twitter, it's a "sign of the times."

S&P MidCap 400 constituents F5 Networks Inc., Netflix Inc. and Newfield Exploration Co. will switch places with S&P 500 constituents The New York Times Co., Office Depot Inc. and Eastman Kodak Co.

Read the full story at Bloomberg.

Presented by

The 86-Year-Old Farmer Who Won't Quit

A filmmaker returns to his hometown to profile the patriarch of a family farm

Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register.

blog comments powered by Disqus

Video

The 86-Year-Old Farmer Who Won't Quit

A filmmaker returns to his hometown to profile the patriarch of a family farm

Video

Riding Unicycles in a Cave

"If you fall down and break your leg, there's no way out."

Video

Carrot: A Pitch-Perfect Satire of Tech

"It's not just a vegetable. It's what a vegetable should be."

Video

An Ingenious 360-Degree Time-Lapse

Watch the world become a cartoonishly small playground

Video

The Benefits of Living Alone on a Mountain

"You really have to love solitary time by yourself."

More in Technology

Just In