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Top StoriesMarketWatch5h ago

Here’s who’s joining the S&P 500 in the index’s latest shakeup

Twilio gets the nod, as current component Warner Bros Discovery is due to merger with Paramount.

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AI SUMMARY

# S&P 500 Index Update Summary Twilio has been selected to join the S&P 500, while Warner Bros Discovery is being removed due to its planned merger with Paramount, representing a significant portfolio rebalancing that will shift investor exposure from traditional media consolidation to cloud communications infrastructure. This index change will automatically reallocate passive fund capital into Twilio's equity while reducing positions in the merging Warner Bros Discovery entity.

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