Molson Coors Brewing Company

They are the number three brewery in Canada, but the number one independent brewery.

They're up against Molson Coors and AB InBev.

And in St. John New Brunswick, which is just close to where that little submarine launched from that was crushed there about two, three years ago.

I don't know if you remember that, the story of that.

I mean, although the rebalances were, were announced, but they would've been known last week, I don't think the quarterly rebalance happens until the morning of the 21st this year.

By the way, in case you're keeping score at home, it looks like additions, Bloom Energy, Illumina, Everpure, formerly Pure Storage, okay? And they're removing Molson Coors, The Trade Desk, and Builders FirstSource.

So...

Oh, S&P 100 changes, that index.

You can't really kind of avoid the kinda contracts with the big guys.

So like three of the lines are taken by Molson Coors.

So we have kinda Madri on.

We get Guinness through them.

Who else has really cool symbols? How about Cheesecake Factory? Cake.

Cake, right? How about Molson Coors Beverage? Tap.

Tap is their symbol.

How about Brinker's, the Chili's parent? Eat.

S&P Dow Jones Indices says Bloom Energy, Illumina, and Everpure will join the S&P 500.

The three companies will replace Molson Coors Beverage, Trade Desk, and Builders FirstSource before the start of trading on September 21st.

Bloom Energy is a fuel cell maker, Illumina is a life sciences firm, and Everpure is a computer storage firm.

The growth of passive investing has elevated the importance of inclusion in the S&P 500.

I loved understanding the chemistry of how food came together and even we had a food fermentations class and I even did a report on cocoa because cocoa is a fermented product.

So even before I even was thinking about working at Cadbury, I'd started to get into chocolate and so out of university applied for different jobs that were in the in and around the town my boyfriend was living in and wanted to live in and Cadbury is one of them it's the heart there I also applied for craft foods which was coffee at the time and Molson Coors which was beer so it was going to be beer brewing or beans and chocolate one they gave me they had the best offer so I joined Cadbury at the heart of where it was formed in England in Birmingham And the rest is history from there and just learned how to do taste testing, consumer science, and then eventually recipe science, all in the spirit of chocolate.

That is one of the wildest stories I think I've ever heard on the show.

You were a princess and then you started to learn how to make chocolate.

We've got a news alert on some changes to the S&P indexes Bloom Energy, Illumina and AI cloud company Everpure will join the benchmark S&P 500 effective September the 21st.

They're replacing Molson Coors, The Trade Desk and Builders FirstSource.

Dell, Palo Alto, Arista and SanDisk, they will also join the S&P 100 replacing Honeywell, Aerospace, the aforementioned Nike Simon Property and Colgate Palmolive.

And that leads us to our call of the day Deutsche Bank hiking its price target on Robin Hood by nearly 20%, raising it up to $136.