Bloom Energy, Everpure, Illumina Join S&P 500 as Tech Giants Surge

The S&P Dow Jones Indices announced quarterly rebalancing changes to its US stock market indices. Three new companies, Bloom Energy, Everpure, and Illumina, will enter the S&P 500 index effective September 21, 2026. They replace Molson Coors Beverage, The Trade Desk, and Builders FirstSource, which are being demoted to the S&P SmallCap 600.

The departing trio no longer meets the market capitalization requirements for the large-cap benchmark. Bloom Energy produces fuel-cell power systems for commercial enterprises and data facilities, while Everpure specializes in data storage and management technologies. Illumina is known for its DNA sequencing and genomics technology.

In addition to these changes, four companies will join the S&P 100 index: Dell Technologies, Palo Alto Networks, Arista Networks, and Sandisk. They replace Honeywell Aerospace, Nike, Simon Property Group, and Colgate-Palmolive, all of which are leaving the S&P 100.

The modifications reflect the ongoing transformation where technology enterprises increasingly dominate the upper echelons of market capitalization rankings.