WS #14064
Reddit to join S&P 500 replacing AvalonBay, effective Aug 18; shares surge 12% premarket, index funds to buy ~16.7M shares. Apple completes China-specific LLM training with Alibaba's Qwen, and proposes 5-15% commission on external app installs, impacting AAPL and developers.
Reddit S&P 500 inclusion
Reddit to join S&P 500 replacing AvalonBay, effective Aug 18; shares surge 12% premarket, index funds to buy ~16.7M shares.
Apple completes China-specific LLM training with Alibaba's Qwen, and proposes 5-15% commission on external app installs, impacting AAPL and developers.