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Data as of May 31, 2026. Download CSV.In other words, the recent additions of Amazon.com, Apple, or Microsoft didn’t cause the increase. Smaller tech stocks already in the Russell 1000 Value went on a tear over the 12 months leading up to the rebalance. Their revenue and earnings grew with demand for the semiconductors and memory chips they develop and manufacture, and their market caps and valuations increased accordingly.The table below shows the rate of return of the largest technology stocks in the Russell 1000 Value over the 12 months leading up to the June rebalance. Alphabet’s GOOGL 102% return was the smallest of the bunch.Source: Morningstar Direct. Data as of Aug. 31, 2026. Download CSV.Meanwhile, Amazon.com returned about 7% and Apple 37%, while Microsoft lost almost 28% over the same period. Their fundamentals and prices looked a lot less growthy than the eight stocks in the previous table. Cheap TechThe extreme growth of the former eight 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Issues Warrants to Amazon in $4 Billion AI Infrastructure Partnership","url":"https://stock-news.laohu8.com/highlight/detail?id=1107963001","media":"Deep News","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1107963001?lang=en_us&edition=fundamental","pubTime":"2026-09-08 22:21","pubTimestamp":1788877302,"startTime":"0","endTime":"0","summary":"Qualcomm's shares climbed 4% on Tuesday following the announcement of a data center infrastructure collaboration with Amazon Web Services (AWS), marking a significant boost for the 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Data Processing Expands Partnership With Amazon Web Services","url":"https://stock-news.laohu8.com/highlight/detail?id=2665376341","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2665376341?lang=en_us&edition=fundamental","pubTime":"2026-09-08 22:09","pubTimestamp":1788876559,"startTime":"0","endTime":"0","summary":"Automatic Data Processing  and Amazon.com's  Amazon Web Services have expanded a partnership agreement to embed artificial intelligence features into ADP's payroll and human resources software, the companies said Tuesday.The companies said the collaboration centers on AWS modernizing ADP's cloud infrastructure and accelerating the secure deployment of AI tools. They also said the focus of the partnership includes expanding ADP Assist to automate routine human resources and payroll tasks, integrating generative AI into ADP Lyric HCM, and organizing ADP's workforce dataset on AWS.Financial terms were not disclosed.Price: 270.61, Change: -7.01, Percent Change: 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Micro Devices Inc Stock (AMD) Opened Up by 3.43% on Sep 8: Drivers Behind the Movement","url":"https://stock-news.laohu8.com/highlight/detail?id=2665376333","media":"TradingKey","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2665376333?lang=en_us&edition=fundamental","pubTime":"2026-09-08 21:47","pubTimestamp":1788875241,"startTime":"0","endTime":"0","summary":"• AMD experienced positive momentum driven by institutional sentiment and AI hardware adoption.\n• Annual revenue reached $34.64 billion with net profit at $4.33 billion.\n• Analysts issued Buy ratings with an average price target of 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Stock Jumps 8% Thanks to Deal with Amazon","url":"https://stock-news.laohu8.com/highlight/detail?id=2665845375","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2665845375?lang=en_us&edition=fundamental","pubTime":"2026-09-08 21:21","pubTimestamp":1788873660,"startTime":"0","endTime":"0","summary":"Qualcomm stock was surging on Tuesday after the chip maker said it would partner with Amazon to build data-center infrastructure, including chips and optical networking products.Shares of Qualcomm jumped 8.3% to $182.82 ahead of the opening bell. Amazon stock was 0.7% lower. 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