WS #14036
Reddit (RDDT) will join the S&P 500 on August 18, replacing AvalonBay, driving shares up 11% after-hours; Sun Communities joins the S&P MidCap 400. Databricks raises $5B at $190B valuation, OpenAI revenue run rate tops $40B, and Anthropic plans a $2T IPO, underscoring sustained AI investment momentum despite concerns about hyperscaler commitments. Judge orders Google to make rival app store installs easier, a continued antitrust setback for GOOGL.
Reddit S&P 500 Inclusion
Reddit (RDDT) will join the S&P 500 on August 18, replacing AvalonBay, driving shares up 11% after-hours; Sun Communities joins the S&P MidCap 400.
Databricks raises $5B at $190B valuation, OpenAI revenue run rate tops $40B, and Anthropic plans a $2T IPO, underscoring sustained AI investment momentum despite concerns about hyperscaler commitments.
Judge orders Google to make rival app store installs easier, a continued antitrust setback for GOOGL.