Bloom Energy, Illumina, and Everpure Set to Join S&P 500; Others to Join S&P 100, S&P MidCap 400, and S&P SmallCap 600
https://www.spglobal.com/spdji/en//documents/indexnews/announcements/20260904-1484999/1484999_shuffle5461-sept2026.pdf
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Bloom Energy jumped to a crucial resistance level as its revenue growth fueled its upcoming inclusion to the S&P 500 Index.
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https://www.spglobal.com/spdji/en//documents/indexnews/announcements/20260904-1484999/1484999_shuffle5461-sept2026.pdf
Bloom Energy Corp. (NYSE: TEL) stock rises Friday amid speculation over S&P 500 index inclusion and lower U.S. Treasury yields.
Bloom Energy, a fuel cell manufacturer, has raised its full-year revenue guidance to $3.9-$4.2 billion (up from $3.4-$3.8 billion) driven by surging demand for AI data center power solutions. With Q2 revenue reaching $1.0 billion and expanding partnerships with Oracle and MiTAC, the company is well-positioned to continue delivering positive surprises through year-end as AI infrastructure investments remain robust.
The Micron and SanDisk stocks have rebounded in the past few months as their revenue growth accelerated and their valuations became cheap
The SCHD ETF has officially become the biggest dividend ETF after overtaking VIG, helped by its strong inflows and price performance.
ASML Holding stock rose 4% following a bullish analyst report from Lynx Equity Strategies on memory chipmakers Micron Technology and Sandisk. The report cited strong prospects for these chipmakers as they ramp up production to meet AI-driven demand for computing power. ASML, which supplies essential lithography systems to chipmakers, is positioned to benefit from this industry expansion.