Robinhood (HOOD) stock gained more than 15% on Monday, closing at a fresh record high on the news that the company will soon be included in the S&P 500 (^GSPC). Robinhood, AppLovin (APP), and Emcor (EME) are set to join the S&P 500 during the index’s next rebalancing on Sept. 22, S&P Dow Jones Indices…
(Reuters) -Robinhood Markets will replace casino operator Caesars Entertainment in the benchmark S&P 500, marking a pivotal moment for the financial technology sector as the retail trading platform joins the ranks of the most influential U.S. companies. The inclusion, announced by S&P Dow Jones Indices on Friday, is expected to boost demand for Robinhood’s stock…
Shares of cloud communications infrastructure company Twilio (NYSE:TWLO) jumped 6.5% in the afternoon session after the company was added to the S&P MidCap 400 index. S&P Dow Jones Indices announced that the cloud communications provider will join the index effective prior to the opening of trading on Tuesday, August 19. This inclusion is significant as…
In This Story U.S. stocks were surging into the green on Wednesday morning after President Donald Trump backed off his threat to fire Federal Reserve Chair Jerome Powell — at least for now. How Trump’s tariffs could make your iPhone cost $3,500 After days of escalating attacks, including calling Powell a “major loser” and saying…
Photo: Michael M. Santiago (Getty Images) In This Story Stocks ended down Tuesday after climbing during early trading hours. The Nasdaq fell 335 points, or 2.15%. The Dow Jones Industrial Average finished down 320 points, or 0.8%, while the S&P lost 79 points (1.6%). How Trump’s tariffs could make your iPhone cost $3,500 As of…
Photo: EMMANUEL DUNAND (Getty Images) In This Story On the eve of Election Day, the Dow Jones slid 200 points as investors held back, anxiously awaiting the results. The subdued stock activity coincided with a rally in safe-haven U.S. Treasurys, indicating that some investors are shifting toward lower-risk assets in anticipation of potential market volatility….
Nvidia stock will replace Intel in the Dow Jones Industrial Average, S&P Dow Jones Indices said Friday. Intel had held the position for 25 years, and the shift represents a shake-up among the tech titans. Business Insider’s Emma Cosgrove explains why the move matters for the broader AI ecosystem. Thanks for signing up! Access your…