Emerging-market stocks fell 0.6% as an escalation in the Middle East conflict, triggered by US President Donald Trump ending the ceasefire with Iran, added to a rotation out of AI beneficiaries. Oil p…
Alphabet joined the Dow Jones Industrial Average on June 29, with its stock rising about 4% on the debut, making it the sixth-largest weight in the index at roughly 4%. Despite the symbolic milestone,…
Alphabet will replace Verizon Communications in the Dow Jones Industrial Average next week, marking the blue-chip index's first structural change since 2024. S&P Dow Jones Indices said the addition br…
S&P Dow Jones Indices announced that Alphabet, Google's parent company, will replace Verizon in the Dow Jones Industrial Average on June 29, marking the first change to the index since 2024. The move …
Alphabet will replace Verizon in the Dow Jones Industrial Average effective June 29, 2026, as the blue-chip index continues its shift toward big tech and AI. The swap, announced by S&P Dow Jones Indic…
S&P Dow Jones Indices announced on June 5 that Marvell Technology will replace Campbell's in the S&P 500, effective June 22, as part of a quarterly rebalance that also adds Flex Ltd. and removes Pool …
NYU Stern professor Aswath Damodaran warned that fast-tracking SpaceX, OpenAI, and Anthropic into the S&P 500 overlooks their financial losses and founder-controlled governance, posing risks for passi…
Marvell Technology Inc. and Flex Ltd. will join the S&P 500 later this month, replacing Pool Corp. and The Campbell’s Company in the index’s latest quarterly rebalance, S&P Dow Jones Indices announced…
S&P Dow Jones Indices declined to fast-track SpaceX into the S&P 500 and rejected a broader rule change that would have eased entry for newly public megacaps, including unprofitable AI firms such as O…
S&P Dow Jones Indices rejected SpaceX's request for accelerated entry into the S&P 500 index on June 4, closing the door on a potential rule change that would have also allowed AI companies OpenAI and…
S&P Dow Jones Indices rejected a rule change that would have allowed newly public megacap companies like SpaceX, OpenAI, and Anthropic to enter the S&P 500 faster, keeping its 12-month seasoning requi…
S&P Dow Jones Indices has decided against fast-tracking SpaceX, Anthropic, and other megacap IPOs into the S&P 500, meaning the companies will not be eligible for inclusion in the index favored by 401…