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Palantir (PLTR), microstrategy (MSTR), and Axon Enterprise (AXON) are set to join Nasdaq 100 Index On Monday, December 23, Super Microcomputer (SMCI), moderna (MRNA), and Illumina (ILMN), as part of the restructuring of the index.
It was a big week for the Nasdaq 100, that is For the first time, it has topped the level of 20,000 Wednesday, as tech stocks rose in the wake of inflation data Strengthening expectations of a rate cut By the Federal Reserve next week.
The Nasdaq 100, which includes the 100 largest non-financial sector companies in the Nasdaq Composite Index, is restructured annually in December and rebalanced quarterly to reduce component weights. Market capitalization.
The Dow and S&P 500 have also recently announced changes to their members. Apollo Global Management (APO) and workday (WDAY) are Set to join the S&P 500 Later this month, Corvo (QRVO) and amentum (AMTM).
last month, Artificial Intelligence (AI) Dear Nvidia (NVDA) Joined the Dow Jones Industrial Averagestoried chipmaker Intel (INTC). Paint maker Sherwin-Williams (SHW) also joined the index, chemical giant Dow (DOW).
Palantir’s stock has soared this year due to growing demand for its AI offerings. Its inclusion in the Nasdaq 100 also follows a strategic move to become Nasdaq eligible from the New York Stock Exchange last month.
bitcoin (BTCUSD) In the wake of Donald Trump’s re-election, the president-elect said he wants to make America “The crypto capital of the planet.”
The decision to abandon Super Microcomputer came when the server maker faced a February deadline to file its late annual report, or face delisting by Nasdaq.
The stock has had a volatile few months, rocked by concerns about accounting manipulation and wrongful disclosure allegations, before recouping those losses in the past month, with the stock firmly in negative territory for the year a few weeks ago. As of Friday’s close, the stock was up nearly 30% this year—though off the 2024 highs.
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