In a notable shift within U.S. equity markets, Nasdaq has announced that Thomson Reuters Corp. will join the Nasdaq-100 and Equal-Weight indexes, replacing engineering software firm ANSYS. The change, effective July 28, highlights Thomson Reuters’ emergence as a key player in data analytics and digital information services.
The inclusion marks a strategic recognition of the company’s growth trajectory, as it continues to expand its portfolio of AI-powered solutions for financial, legal, and media industries. Market analysts suggest this change aligns with broader investor sentiment favoring data-centric and AI-integrated firms.
Meanwhile, U.S. stock markets are experiencing an extended rally fueled by artificial intelligence innovations, robust corporate earnings, and speculation of upcoming Federal Reserve interest rate cuts. On July 18, both the S&P 500 and Nasdaq hit all-time highs before retreating slightly amid concerns over proposed international trade tariffs.
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Technology stocks remain the primary driver of gains, particularly within the semiconductor and software sectors. Nvidia, a bellwether for AI infrastructure, reached a record market valuation above $4 trillion earlier this month, underscoring investor confidence in the sector’s future.
Industry research supports this optimism. Deloitte’s recent “Tech Trends 2025” report asserts that AI is becoming as foundational to business operations as electricity or the internet, transforming everything from core IT systems to customer interactions.
Consumer-facing AI tools are also rapidly proliferating. Applications like Geniai Assist and Followr.ai are reshaping personal productivity and social media engagement, according to innovation platform Trend Hunter.
The broader market momentum is also buoyed by the so-called “TACO trade” — a term describing investor preference for Technology, AI, Consumer, and Online sectors — as well as by rising participation from retail investors.
As AI continues to redefine industry benchmarks and investment strategies, the inclusion of Thomson Reuters in a premier stock index underscores the market’s growing valuation of tech-forward enterprises.