Tag: S&P 500
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Reddit surges on S&P 500 inclusion, set to replace AvalonBay
Aug 14 : Reddit shares jumped more than 11 per cent on Friday after the S&P Dow Jones Indices said the social media platform would join the benchmark S&P 500 index, replacing AvalonBay Communities.Analysts at J.P. Morgan estimate index funds tracking the S&P 500 would need to buy 16.7 million Reddit shares.
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J.P. Morgan lifts 2026-end target for S&P 500 to 8,000 on AI, earnings strength
Aug 10 : J.P. Morgan raised its year-end target for the S&P 500 index to 8,000 from 7,800 on Monday, citing prospects of solid corporate earnings and rising confidence that AI investments by large hyperscalers would drive faster revenue growth.The new target implies about 3.1 per cent upside from the index’s
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Commentary: Why the world should copy Trump for once
It would have been better not to politicise a good idea, but the Trump Accounts are a good plan, says the Financial Times’ Patrick Jenkins.
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S&P 500 falls, yields rise following Fed announcement
NEW YORK, June 17 : Major stock indexes fell, bond yields rose and the U.S. dollar extended gains against the euro on Wednesday after the Federal Reserve held the benchmark interest rate steady and new projections showed officials expect a hike in borrowing costs later this year amid increasing inflation concerns.
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Marvell shares jump after chipmaker wins spot in S&P 500
June 8 : Marvell Technology shares climbed more than 9 per cent on Monday after the chipmaker was set to join the benchmark S&P 500 at the end of June, in the latest boost to a stock that has surged recently.Its shares have gained about 59 per cent since May 27 after the company forecast…
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Marvell to join S&P 500 after AI boom helps chipmaker pass profitability test
June 5 : Marvell Technology is set to join the benchmark S&P 500 index, S&P Dow Jones Indices said on Friday, sending the chipmaker’s shares up 6 per cent in extended trading.The company will join the benchmark index later this month, after it recently cleared a key profitability hurdle riding a blistering AI
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Commentary: How much AI Is too much for stock investors?
While it’s tempting to keep riding the wave, investors would be wise to diversify their portfolios, says Jonathan Levin for Bloomberg Opinion.
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