Shares of Robinhood Markets have hit a new all-time high thanks to its strong growth outlook and improved financial position. Digital bank SoFi Technologies (NASDAQ: SOFI) and online brokerage Robinhood Markets (NASDAQ: HOOD) both leverage their innovative platforms to disrupt the traditional financial services sector.

AppLovin and Interactive Brokers are among the largest companies by market cap that still aren’t in the benchmark index.

An announcement of any changes to the S&P 500 index components is likely to come around 5:15 p.m. ET on Friday. Any additions and subtractions to the index likely would take effec