Financial Services Association, September 9 (Editor Huang Junzhi) As part of the latest quarterly market capitalization weight changes in the S&P 500 Index, “AI hot stocks” $Palantir (PLTR.US)$ , $Dell Technologies (DELL.US)$ and American insurance industry leaders $Erie Indemnity (ERIE.US)$ will be added to this index.

According to a press release issued by S&P Dow Jones Indices last Friday, these companies will replace$American Airlines (AAL.US)$, $Etsy Inc (ETSY.US)$ ) and$Bio-Rad Laboratories (BIO.US)$. These specific changes will take effect before US stock trading begins on September 23.

Analysts pointed out that the addition of Palantir and Dell reflects that technology companies, particularly those related to artificial intelligence, are reshaping the market. Meanwhile, American Airlines was removed from the S&P 500, highlighting recent challenges faced by the industry, including$Boeing (BA.US)$Delays in mass aircraft deliveries and rising labor costs.

What are the “new members” coming from?

First, Palantir is a well-known American big data analysis company. Its most famous case is using big data technology to help the US military successfully locate and kill Al-Qaida leader bin Laden. As a software company that works closely with the US government, Palantir mainly provides technical support for defense, medical, and other operations of the US and its allies.

Additionally, Palantir's software collects and analyzes data for companies such as Airbus and Merck. And with the rise in demand for artificial intelligence in recent years, the company has not missed this boom. So far this year, the stock has risen 82.93%; today, Palantir US stocks surged nearly 10% in night trading. Up to now, the stock price has risen 8.7%.

As early as 2023, Palantir launched its Artificial Intelligence Platform (AIP). So far, it has been used on a large scale by over 100 organizations around the world, including the healthcare and automotive industries. The company is also in talks with more than 300 additional companies. The core selling point of the AIP platform is not that Palantir develops big language models (LLM) itself, but is more biased towards AI applications.

The platform also includes AI assistants similar to ChatGPT, which can help enterprises analyze and make decisions about their big data business, and help customers efficiently use the modules and functions of Palantir platforms in a low technical manner.

All in all, the company, co-founded by billionaire tech investor Peter Thiel (Peter Thiel), has evolved from providing exclusive technical services to the US intelligence community to fully cooperating with dozens of government agencies, and recently greatly expanded its commercial business, which is deeply integrated with generative AI.

Next is Dell, a company known worldwide for its personal computers and monitor devices, which investors are probably familiar with. The latest financial report shows that due to a sharp increase in sales of high-performance AI server products, the company's revenue scale for the second quarter was better than expected.

In the current AI boom, Dell is committed to providing servers optimized for AI workloads. These servers not only have Dell's industry-leading high-performance computing capabilities and efficient resource integration system, but are also equipped with$NVIDIA (NVDA.US)$The latest AI GPU accelerates the AI training and inference process.

Today, Dell's US stock rose nearly 7% in overnight trading. Up to now, the stock price has risen 5.98%.

According to the August index balance method, a company must have a market capitalization of at least 18 billion US dollars and meet the S&P Index's profit guidelines, liquidity, and stock market capitalization standards to be eligible to enter the S&P 500 index.

Therefore, being included in the index can greatly increase the company's popularity, which is of great benefit to its stock price and market capitalization.

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Editor/jayden