Palantir Technologies, Dell Technologies, and Erie Indemnity will be added to the S&P 500 index, while others will join the S&P MidCap 400 and S&P SmallCap 600 indices.
Palantir Technologies, Dell Technologies, and Erie Indemnity are expected to become part of the S&P 500 index, while other companies will be added to the S&P MidCap 400 and S&P SmallCap 600 indices.
Stocks closed higher on Friday, marking the fourth consecutive month of gains. The S&P 500 rose 1%, with 76% of its stocks gaining, and finished August with a 2.3% increase, bringing its year-to-date gain to 18.4%. The Dow Jones Industrial Average rose 0.6%, hitting its fourth all-time high this week, while the Nasdaq composite gained
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Elon Musk has confirmed that Dell is collaborating with xAI for an advanced supercomputer project.
Elon Musk has confirmed that Dell is collaborating with xAI for an advanced supercomputer project.
Nvidia (NVDA) has experienced significant growth, surpassing a $3 trillion valuation and solidifying its position as a dominant force in the market.
Nvidia must be a gigantic force if a rising tide lifts all boats. Just a week ago, the artificial intelligence chipmaker reached a valuation of over $3 trillion, making it the third highest in the world.
If Nvidia is considered a powerful force in the stock market, then it must be a significant player. Recently, the AI chipmaker reached a valuation of $3 trillion, solidifying its position as a top contender in the industry.
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