📈 Robinhood and AppLovin

Both join the S&P 500

Welcome to SaaS Wire — your backstage pass to the hottest in software and services!

What we’ll cover today:

📈 Robinhood and AppLovin join the S&P 500

🤖 Snap’s AI chatbot faces heat in DC

📢 SaaS leaders calling on AI

AppLovin (ads tech) and Robinhood (stock app) are officially joining the S&P 500 club, replacing MarketAxess and Caesars. Big upgrade.

🚨 Breaking News:
S&P Global just added AppLovin and Robinhood to the S&P 500 index. Both stocks popped 7% right after.

⚡Wire Simplified –

  • Funds must buy their shares now to match the index.

  • Robinhood’s meme stock fans finally get bragging rights.

  • AppLovin grew 700% in 2024 (yep, no typo).

  • Caesars and MarketAxess are out, sorry casinos and bonds.

  • Joining the S&P 500 = automatic “serious company” badge.

✔️ Straight to the Point:
AppLovin and Robinhood just leveled up. Being in the S&P 500 means bigger investors and more spotlight, pressure is on now.

🎤 Do you think Robinhood deserves a spot in the S&P 500?

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FTC Commissioner Rebecca Slaughter says the DOJ still has not updated the public on Snap’s My AI chatbot complaint. Suspense continues.

🚨 Breaking News:
Snap’s AI chatbot is under federal scrutiny for child safety risks, but no one knows what the DOJ is doing.

⚡Wire Simplified –

  • Complaint filed in January, handed to DOJ.

  • Snap’s “My AI” chatbot powered by OpenAI and Google.

  • Critics say it is risky for kids.

  • Trump tried and failed to remove Commissioner Slaughter.

  • White House is still dining with tech CEOs meanwhile.

✔️ Straight to the Point:
Snap’s AI is under fire for child risks. With silence from the DOJ, parents and regulators are left guessing. Not cool.

Web Summit 2025
One of the biggest global technology conferences, Web Summit covers AI, SaaS, startups, marketing, and emerging tech, with 70k+ attendees from across the world.
Date: November 10–13, 2025 | Location: Lisbon, Portugal

IEEE IEDM 2025 (International Electron Devices Meeting)
The world’s leading conference on semiconductors, nanoelectronics, and advanced devices. It highlights breakthroughs in chip design, CMOS, and quantum hardware.
Date: December 2025 | Location: San Francisco, USA

SPLASH 2025 (ACM Conference)
The premier programming languages conference, covering software design, programming, and systems research. Includes OOPSLA, Onward!, and other specialized tracks.
Date: October 12–18, 2025 | Location: Singapore

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