Palantir, Dell Among New S&P 500 Members as Index Rebalances

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Palantir, Dell Among New S&P 500 Members as Index Rebalances
American AirlinesDell Technologies Inc.Palantir Technologies
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(Bloomberg) -- Palantir Technologies Inc., Dell Technologies Inc. and Erie Indemnity Co. are set to join the S&P 500 as part of its latest quarterly...

-- Palantir Technologies Inc., Dell Technologies Inc. and Erie Indemnity Co. are set to join the S&P 500 as part of its latest quarterly weighting change.The companies will replace American Airlines Group Inc., Etsy Inc. and Bio-Rad Laboratories Inc. , according to a press release from S&P Dow Jones Indices Friday. The changes are set to go into effect prior to the open of trading on Sept. 23.

Dell, the Round Rock, Texas-based company best know for personal computers and monitors, reported better-than-expected revenue last week as a result of an increase in sales of servers built for handling AI workloads. Meanwhile, the removal of American Airlines from the US equity benchmark underscores the challenges the industry has faced of late, including delayed deliveries of planes and rising labor costs. The air carrier slashed its profit outlook in July after expectations for domestic demand proved too rosy. Its shares dropped 0.8% Friday post-market, adding to a 21% year-to-date decline.

SAO PAULO — The host of the NFL's first game in Brazil, soccer club Corinthians, is not keen on the green-dominated color schemes of its Friday night visitors, the Green Bay Packers and the Philadelphia Eagles. But many fans arriving at the NeoQuimica Arena didn't seem to mind.The return of Oriol Romeu

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American Airlines Dell Technologies Inc. Palantir Technologies Bio-Rad Laboratories Inc. Erie Indemnity Co. Dell S&P 500 Etsy Inc. Technology Companies

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