Invidia, the company specializing in the disk industry, which plays an important role in the artificial intelligence revolution, has joined the oldest three most important indicators of the stock market in Wall Street. Invidia will replace his competitor “Intel” on 128 -year -old Dow Jones Industrial Index, before the start of the trading on November 8, according to a statement released by S & Bo Jones Inesice on Friday night. Sherwin-Williams will also join the index to replace Dow. The addition of ‘Invidia’ to the excellent stock index reflects the strength of the height driven by artificial intelligence, which has increased the value of the company by 900% over the past 24 months. The Dow Jones Industrial Index was the only most important indication of US stocks that have not included ‘Invidia’ so far. The mutation of artificial intelligence “(Inviteia) is a successful company that is well managed, and joining the Dow index shows its strength and success over the past year, as it was in the appropriate place and time when no one else was so,” according to Scott Coller, CEO of Asset Management Company “Advisors Asset Management”. Invidia, based in Santa Clara, California, is a symbol of great success associated with artificial intelligence and the largest stock market engine rises. The company ended the week with a market value of $ 3.32 trillion, so Apple was only about $ 50 billion. The shares of “Inviteia” increased by 3.2% with extra trading after the market closed, placing them on a website that allows them to reach Apple and become the most valuable businesses in the world from Monday if they retain these profits. Intel joined the Dow index in November 1999 when it was added with Microsoft, SBC Communications and Home Depot. Although she was the leader in the production of computer processors, ‘Intel’ recently had major challenges. Within a plan to improve its conditions, the company reduced the spending of 2024, reducing the number of posts and suspended profit distributions for investors. Its shares lost 54% of its value this year and fell by another 2% after the market was closed. Intel Crisis, Adam Sarhan, founder of 50 Park Investments, believes that “Intel has dropped significantly.” He added: “The Dow index is changing and developing. We do not want to see companies that were present 30 years ago, but we want to see the strong businesses that can survive today and perform in the market.” Located in Midland, Michigan, Dow has joined the Dow Jones out of the Dow Jones since 2019, after separating from the parent company “Dow Dubont”. The Dow Jones Industrial Index, which first started as an indication of 12 industrial stocks, including General Electric, has been criticized as a narrower indicator compared to the S&B 500 index or the NASDAQ 100 index, and does not have the technology shares that have dominated the markets over the past year. This change is the second during this year, as Amazon replaced the Walgreens Alliance in February. For that, the ingredients of the “Dow” index have been stable since August 2020, then the “Amgen”, “Honeyweel”, “Salsforce”, “Exeity Mobil”, “Pfizer” and “Raytheon”. The role of the “Dow Jones” index has developed more than a century to include 30 shares, including a mix of technology, money, healthcare and consumer sectors. The committee chooses these thirty companies and arranges it according to the share price and not based on the market value, as is the case in the “S&B 500” index. The method of arranging the “Dow” index for companies based on the share price was sometimes a challenge for technology companies that avoided dividing their shares and often trading their shares with more than a thousand dollars. Among these businesses were ‘Invidia’. Invidia has divided its shares twice over the past four years, and the last section was 10 against 1 which took place in June. And the price of “Invidia” shares was closed at $ 135.4 on Friday. Although the impact of the “Dow Jones” index has fallen over the years due to the increasing interest of managers in indicators based on market value, it still forms a prominent group and remains one of the most important indicators that reflect US industrial power.
Invidia decides instead of “Intel” on the Dow Jones Index
