- Reuters
AI stocks to leave big impact on Russell reconstitution
Investors are gearing up for the final reconstitution of the benchmark indexes by FTSE Russell on Friday, with the furious rally in artificial intelligence (AI) related stocks over the past year expected to leave an outsized imprint on their final shape. The Russell Reconstitution, an event that typically results in one of the busiest trading days of the year, will become official after the closing bell on Friday and concludes a multi-step process by FTSE Russell for the annual refresh of its indexes. This refresh encompasses a range of the Russell indexes, such as the Russell 1000 index of large-cap stocks and the Russell 2000 index of small-cap names which together make up the Russell 3000 index.
- Zacks
5 Top-Performing ETFs of Q2
Wall Street has delivered moderate performance in Q2 of 2024, with April being a down month, while May and June stand out as up months.
- Insider Monkey
Here’s How Super Micro Computer’s (SMCI) Surge Affected The Brown Capital Management Small Company Fund
Brown Capital Management, an investment management company, released its “The Brown Capital Management Small Company Fund” first quarter 2024 investor letter. A copy of the letter can be downloaded here. The Small Company Fund returned 0.48%, significantly underperforming the Russell 2000 Growth index’s 7.58% return. Following the release of the inflation report in February, the […]
