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Today is the first trading day after the reconstitution of the Russell 3000 Index. A total of 224 companies are included in the Russell Index for the first time, of which only about 37 companies are engaged in the upstream and downstream businesses of the AI industry, accounting for approximately 17% of the new additions.
The Russell U.S. Index is one of the mainstream indices, with over $12 trillion in assets benchmarked to it globally. Once a stock is included in Russell, it implies the inflow of trillions of dollars in passive funds.
$SPCX is also among these 37 AI companies.