Robinhood (HOOD) stock soared 15% on Monday following the company’s inclusion in the S&P 500, the widely tracked benchmark for U.S. equities. The announcement was made after markets closed on Friday and takes effect with the index’s September 22 rebalance.

The trading platform, which has seen its stock price nearly triple this year, has long been considered a frontrunner for inclusion. It was one of the three largest eligible companies yet to be added to the index.

Meanwhile, shares of Strategy (MSTR) slipped lower after the bitcoin (BTC) development company was passed over,despite qualifying for inclusion for the first time this quarter. Strategy posted $14 billion in operating income and $10 billion in net income for the second quarter 2025 — eye-popping figures that met the S&P’s requ

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