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Later this month FTSE Russell will shake up its US stock market indices to reflect the winners and losers over the past year. The most notable change will be a humiliating migration for Facebook’s parent Meta. Beyond reconstituting its flagship indices — the Russell 1000 (big stocks), the Russell 2000 (small stocks) and the Russell 3000 (both categories smashed together, to represent the entire US stock market) — the benchmark provider will also rejig its factor indices...

Changes to ticker symbols have been associated with lower trading volumes in the wake of the change...

(Bloomberg) -- Venture investor Felix Capital has raised its fourth fund of $600 million, giving it additional capital to deploy at a time when plunging technology valuations have some firms seeing attractive opportunities for deal-making. Most Read from BloombergAmazon’s Stock Split Delivers More Than Bargained ForTarget Tries to Save Itself by Putting Everything on SaleTarget's Oversupply Problem Should Scare All RetailersApple Products Set to Use Common Charging Point After EU DealTop Economi...

During Q1 '22, the Diamond Hill International Fund held up better than the Morningstar Global Markets ex-US Index. Click here to read the full fund letter...

Megan Smith, who became U.S. chief technology officer after stints at Apple and Google, spoke about Mark Zuckerberg and Facebook at a social innovation summit in Washington, D.C...