Reported about 1 month ago
Palantir Technologies, Dell Technologies, and Erie Indemnity are set to join the S&P 500 as part of its latest quarterly adjustments, replacing American Airlines, Etsy, and Bio-Rad Laboratories. The inclusion of Palantir and Dell reflects the growing influence of technology and AI companies in the market, while the removal of American Airlines highlights challenges in the airline industry. These changes will take effect on September 23, enhancing the profile of the added companies, especially as passive investment funds increase in importance.
Source: YAHOO