Latest news with #RussellIndexes
Yahoo
29-05-2025
- Business
- Yahoo
Richtech announces preliminary inclusion in US small-cap Russell 2000 Index
Richtech Robotics (RR) announces that it has been selected for preliminary inclusion in the US small-cap Russell 2000 Index, according to a preliminary list of additions published by FTSE Russell on Friday, May 23, 2025. The newly reconstituted indexes are expected to take effect after US market close on June 27, 2025, as part of the 2025 Russell Indexes reconstitution. Membership in the Russell 2000 Index, which remains in place for one year, is based on membership in the broad-market Russell 3000 Index. The Company's stock will also be automatically added to the appropriate growth and value indexes. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on RR: Disclaimer & DisclosureReport an Issue Richtech Robotics Inc. Launches $100M ATM Offering Richtech Robotics expands capabilities of AI-powered barista robot ADAM Richtech Robotics announces agreement to purchase 20,000 square foot property Richtech Robotics Inc.: Strategic Shift to RaaS Model and Market Opportunities Drive 'Buy' Rating Richtech Robotics initiated with a Buy at H.C. Wainwright Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
28-05-2025
- Business
- Yahoo
Thumzup to be included on the Russell Microcap Index
Thumzup (TZUP) Media announced that the Company will be included on the Russell Microcap Index at the conclusion of the 2025 Russell U.S. Indexes annual reconstitution, on the US stock market open on June 30. The annual Russell U.S. Indexes reconstitution captures the 4,000 largest U.S. stocks as of Tuesday, April 30th, ranking them by total market capitalization. Membership in the Russell Microcap Index, which lasts for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell Indexes annually, primarily by objective, market-capitalization rankings and style attributes. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Russell's US indexes serve as the benchmark for approximately $10.6 trillion in assets as of the close of June 2024. Russell indexes are part of FTSE Russell, the global index provider. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on TZUP: Disclaimer & DisclosureReport an Issue Thumzup to accept payments from advertisers via Stripe's 'Pay with Crypto' Thumzup Media Corporation Enters Master Loan Agreement Thumzup Media Corp trading resumes Thumzup Media Corp trading halted, volatility trading pause Thumzup files $200M universal shelf registration Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
28-05-2025
- Business
- Associated Press
Reddit Set to Join Russell® 3000 Index
SAN FRANCISCO--(BUSINESS WIRE)--May 28, 2025-- Reddit, Inc. (NYSE: RDDT) is set to join the broad-market, widely held Russell indexes later this quarter. Reddit debuted on the public markets in March 2024 as RDDT and remains one of the most visited websites in the world. Reddit retains an important position in the data and AI landscape with 100,000+ communities about nearly any topic and the largest corpus of human conversation on the internet today. As part of the recent 2025 Russell indexes reconstitution, a preliminary list of additions including Reddit was posted on May 23, 2025. Reddit will be added to the Russell 3000 index at the close of business June 27, 2025. In addition, Reddit will also be automatically added to either the Russell 2000 or Russell 1000 index. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. 'Being included in the Russell index is a meaningful milestone for Reddit. It puts us in good company and is a testimony to the platform we've built with our communities,' said Steve Huffman, Co-Founder and CEO of Reddit. 'As we grow, we aim to join other leading indexes and believe Reddit's unique strengths—our communities, content, and culture—position us well for the road ahead.' Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider. For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the 'Russell Reconstitution' section on the FTSE Russell website. About Reddit Reddit is a community of communities. It's built on shared interests, passion, and trust and is home to the most open and authentic conversations on the internet. Every day, Reddit users submit, vote, and comment on the topics they care most about. With 100,000+ active communities and 108+ million daily active unique visitors, Reddit is one of the internet's largest sources of information. For more information, visit About FTSE Russell, an LSEG Business FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering. FTSE Russell is wholly owned by London Stock Exchange Group. For more information, visit FTSE Russell. View source version on CONTACT: Investor Relations Jesse Rose [email protected] Relations Gina Antonini [email protected] KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: TECHNOLOGY SOCIAL MEDIA COMMUNICATIONS INTERNET SOURCE: Reddit, Inc. Copyright Business Wire 2025. PUB: 05/28/2025 08:26 AM/DISC: 05/28/2025 08:25 AM
Yahoo
20-03-2025
- Business
- Yahoo
D-Wave Quantum (NYSE:QBTS) Sees 101% Surge Following Notable US$86 Million Q4 Net Loss
D-Wave Quantum saw an impressive price surge of 101% last week, likely influenced by pivotal recent events. The announcement on March 12 of a groundbreaking achievement, where their annealing quantum computer outperformed a classical supercomputer, highlighted the company's innovative capabilities in quantum supremacy. This could have bolstered investor confidence, marking a significant leap in technological applications related to medical imaging and materials discovery. Despite reporting a substantial net loss for Q4 2024—a 436% increase to $86 million—the news of expected Q1 FY 2025 revenue exceeding $10 million, largely from their Advantage annealing quantum computer sales, might have spurred optimism. As market indexes like the Nasdaq gained ground amid investor anticipation surrounding the Federal Reserve's policy announcements, it created a favorable environment for tech stocks. This broader trend, along with D-Wave's recent developments, potentially contributed to the extraordinary movement in their share price. We've discovered 3 possible red flags for D-Wave Quantum (1 doesn't sit too well with us!) that you should be aware of before investing here. The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 22 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement. Over the last year, D-Wave Quantum experienced a remarkable total shareholder return of 397.70%. This growth far outpaced the US Software industry's decline of 0.8% and the broader US market's gain of 8.1%. One pivotal moment was the launch of a new hybrid quantum solver in June 2024, which expanded computational capabilities significantly. The subsequent addition to various Russell Indexes in July 2024 further boosted its visibility among investors. Meanwhile, a strategic alliance with Japan Tobacco Inc.'s pharmaceutical division in December 2024 marked an important step in expanding D-Wave's applications in drug discovery through Quantum AI. These developments collectively strengthened investor confidence, contributing to the impressive return. However, the company's balance sheet illustrated some challenges, with a sizable net loss for FY 2024, as losses widened to US$143.88 million. Despite this, an influential partnership with Jülich Supercomputing Centre in February 2025 underscored their competitive edge in high-performance computing, signaling confidence in D-Wave's innovative potential. These collaborations and technological advancements have shaped the company's trajectory significantly over the past year. Understand D-Wave Quantum's track record by examining our performance history report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:QBTS. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Yahoo
20-03-2025
- Business
- Yahoo
D-Wave Quantum (NYSE:QBTS) Sees 101% Surge Following Notable US$86 Million Q4 Net Loss
D-Wave Quantum saw an impressive price surge of 101% last week, likely influenced by pivotal recent events. The announcement on March 12 of a groundbreaking achievement, where their annealing quantum computer outperformed a classical supercomputer, highlighted the company's innovative capabilities in quantum supremacy. This could have bolstered investor confidence, marking a significant leap in technological applications related to medical imaging and materials discovery. Despite reporting a substantial net loss for Q4 2024—a 436% increase to $86 million—the news of expected Q1 FY 2025 revenue exceeding $10 million, largely from their Advantage annealing quantum computer sales, might have spurred optimism. As market indexes like the Nasdaq gained ground amid investor anticipation surrounding the Federal Reserve's policy announcements, it created a favorable environment for tech stocks. This broader trend, along with D-Wave's recent developments, potentially contributed to the extraordinary movement in their share price. We've discovered 3 possible red flags for D-Wave Quantum (1 doesn't sit too well with us!) that you should be aware of before investing here. The best AI stocks today may lie beyond giants like Nvidia and Microsoft. Find the next big opportunity with these 22 smaller AI-focused companies with strong growth potential through early-stage innovation in machine learning, automation, and data intelligence that could fund your retirement. Over the last year, D-Wave Quantum experienced a remarkable total shareholder return of 397.70%. This growth far outpaced the US Software industry's decline of 0.8% and the broader US market's gain of 8.1%. One pivotal moment was the launch of a new hybrid quantum solver in June 2024, which expanded computational capabilities significantly. The subsequent addition to various Russell Indexes in July 2024 further boosted its visibility among investors. Meanwhile, a strategic alliance with Japan Tobacco Inc.'s pharmaceutical division in December 2024 marked an important step in expanding D-Wave's applications in drug discovery through Quantum AI. These developments collectively strengthened investor confidence, contributing to the impressive return. However, the company's balance sheet illustrated some challenges, with a sizable net loss for FY 2024, as losses widened to US$143.88 million. Despite this, an influential partnership with Jülich Supercomputing Centre in February 2025 underscored their competitive edge in high-performance computing, signaling confidence in D-Wave's innovative potential. These collaborations and technological advancements have shaped the company's trajectory significantly over the past year. Understand D-Wave Quantum's track record by examining our performance history report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:QBTS. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
