US-EU Index Rebalances / Quantitative Researcher

Dimitris Ioannidis

Global Financial Data and Analytics Platform

ORTEX

ORTEX is a global financial data and analytics platform providing real-time securities lending and short interest data, index rebalance data, holdings and insider transactions, trading signals, corporate actions and news,  stock machine learning and factor scores and other analytics. The majority of the data are downloadable and accessible through APIs.

Index Rebalance

Alnylam Pharmaceuticals / Index Rebalance

<ul>
<li>
<a href="https://www.smartkarma.com/entities/alnylam-pharmaceuticals-inc" target="_blank" data-smartkarma-citation="entities:2191:1" rel="noopener">Alnylam Pharmaceuticals (ALNY US)</a>, <a href="https://www.smartkarma.com/entities/monolithic-power-systems-inc" target="_blank" data-smartkarma-citation="entities:2088:1" rel="noopener">Monolithic Power Systems (MPWR US)</a> and <a href="https://www.smartkarma.com/entities/seagate-technology-holdings-pl" target="_blank" data-smartkarma-citation="entities:9129:1" rel="noopener">Seagate Technology Holdings (STX US)</a> are the top 3 addition candidates with ALNY at the top.</li>
<li>
<a href="https://www.smartkarma.com/entities/globalfoundries-inc" target="_blank" data-smartkarma-citation="entities:34513:1" rel="noopener">GLOBALFOUNDRIES (GFS US)</a>, <a href="https://www.smartkarma.com/entities/cdw-corp-de" target="_blank" data-smartkarma-citation="entities:2244:1" rel="noopener">CDW Corp (CDW US)</a> and <a href="https://www.smartkarma.com/entities/biogen-inc" target="_blank" data-smartkarma-citation="entities:972:1" rel="noopener">Biogen (BIIB US)</a> are the top 3 deletion candidates with GFS at the bottom.</li>
<li>Versant (VSNT) and Solstice Advanced Materials (SOLS) are estimated to be deleted following completion of their spinoffs with the earliest one expected on 30 October 2025.</li>
</ul>



Alnylam Pharmaceuticals (ALNY US), Monolithic Power Systems (MPWR US) and Seagate Technology Holdings (STX US) are the top 3 addition candidates with ALNY at the top.

GLOBALFOUNDRIES (GFS US), CDW Corp (CDW US) and Biogen (BIIB US) are the top 3 deletion candidates with GFS at the bottom.
Versant (VSNT) and Solstice Advanced Materials (SOLS) are estimated to be deleted following completion of their spinoffs with the earliest one expected on 30 October 2025.


Nasdaq100 Dec2025 Forecast (Part 2): ALNY at the Top; GFS at the Bottom; Spinoffs Pending

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/palantir-technologies-inc" target="_blank" data-smartkarma-citation="entities:27728:1" rel="noopener">Palantir Technologies (PLTR US)</a> is anticipated to be the largest addition following its eligibility, which was secured through a listing transfer from NYSE to Nasdaq just before the cut-off date.</li>
<li>
<a href="https://www.smartkarma.com/entities/super-micro-computer-inc" target="_blank" data-smartkarma-citation="entities:7921:1" rel="noopener">Super Micro Computer (SMCI US)</a> is projected to exit the index despite its recent entry in July 2024, as it has ranked above the exit threshold of 125.</li>
<li>
<a href="https://www.smartkarma.com/entities/arm-holdings-inc" target="_blank" data-smartkarma-citation="entities:21816:1" rel="noopener">ARM Holdings (ARM US)</a> is <em>not </em>an expected deletion due to special ADR market cap treatment. <a href="https://www.smartkarma.com/entities/equinix-inc" target="_blank" data-smartkarma-citation="entities:17409:1" rel="noopener">Equinix Inc (EQIX US)</a> is <em>not </em>an expected addition because it is a REIT.</li>
</ul>



Palantir Technologies (PLTR US) is anticipated to be the largest addition following its eligibility, which was secured through a listing transfer from NYSE to Nasdaq just before the cut-off date.

Super Micro Computer (SMCI US) is projected to exit the index despite its recent entry in July 2024, as it has ranked above the exit threshold of 125.

ARM Holdings (ARM US) is not an expected deletion due to special ADR market cap treatment. Equinix Inc (EQIX US) is not an expected addition because it is a REIT.


Nasdaq100 December 2024 Forecast (Final): Palantir's Last-Minute Entry; Arm's Subtle Retention

Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>The latest quarterly results from CDW Corporation demonstrate a solid start to 2026 amid a dynamic and complex market environment characterized by accelerated artificial intelligence (AI) adoption, supply chain constraints, and memory pricing volatility.</li><li>For the first quarter, CDW reported a 9% increase in consolidated net sales year-over-year, with gross profit growing 6% and non-GAAP net income per diluted share rising by 6%.</li><li>The company generated $251 million in adjusted free cash flow and maintained a net debt position of approximately $5.1 billion, with liquidity of $2.5 billion.</li></ul>

The latest quarterly results from CDW Corporation demonstrate a solid start to 2026 amid a dynamic and complex market environment characterized by accelerated artificial intelligence (AI) adoption, supply chain constraints, and memory pricing volatility.For the first quarter, CDW reported a 9% increase in consolidated net sales year-over-year, with gross profit growing 6% and non-GAAP net income per diluted share rising by 6%.The company generated $251 million in adjusted free cash flow and maintained a net debt position of approximately $5.1 billion, with liquidity of $2.5 billion.

CDW Corporation’s Unseen Risk: AI Growth Meets Memory Pricing And Margin Mix Pressure!

<ul><li>CDW Corporation's fourth-quarter and full-year 2025 financial results reveal a blend of strategic execution and market adaptability amid complex operating conditions.</li><li>The fourth quarter showcased noteworthy growth metrics, demonstrating CDW's resilience and strategic alignment with customer needs, though the performance was not without its challenges.</li><li>Key financial outcomes for the fourth quarter included net sales of $5.5 billion, reflecting a 5% increase year-over-year.</li></ul>

CDW Corporation's fourth-quarter and full-year 2025 financial results reveal a blend of strategic execution and market adaptability amid complex operating conditions.The fourth quarter showcased noteworthy growth metrics, demonstrating CDW's resilience and strategic alignment with customer needs, though the performance was not without its challenges.Key financial outcomes for the fourth quarter included net sales of $5.5 billion, reflecting a 5% increase year-over-year.

CDW Corporation: How Targeted Acquisitions Like Lexicon Are Expanding Its End-to-End IT Playbook!

<ul><li>CDW Corporation's Q3 2025 results outline a period of moderate growth despite navigating a challenging economic environment.</li><li>The company reported consolidated net sales of $5.7 billion, marking a 4% increase compared to the previous year.</li><li>Gross profit rose by 5% to $1.3 billion, while non-GAAP net income per share grew by 3% to $2.71.</li></ul>

CDW Corporation's Q3 2025 results outline a period of moderate growth despite navigating a challenging economic environment.The company reported consolidated net sales of $5.7 billion, marking a 4% increase compared to the previous year.Gross profit rose by 5% to $1.3 billion, while non-GAAP net income per share grew by 3% to $2.71.

CDW Corporation: How Is It Turning Macroeconomic Chaos Into a Strategic Advantage?

United States

CDW Corporation of Delaware provides information technology products and services. The Company offers hardware, software, computer peripherals, cloud computing, mobile devices, network communication, and security solutions. CDW serves business, government, education, and healthcare customers throughout North America.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Cdw Corp/De (CDW US)

Nasdaq100 Dec2025 Forecast (Part 2): ALNY at the Top; GFS at the Bottom; Spinoffs Pending

SOLS was deleted from the index at the close of 6 Nov following Honeywell’s spinoff. VSNT is still expected to be removed but Comcast’s spinoff has...

Dimitris Ioannidis

Nasdaq100 December 2024 Forecast (Final): Palantir's Last-Minute Entry; Arm's Subtle Retention

F1: 100%. All of the forecasts matched the index changes announced at the close of Friday 13 December. SMCI fell more than 11% in premarket trading...

Dimitris Ioannidis

CDW Corporation’s Unseen Risk: AI Growth Meets Memory Pricing And Margin Mix Pressure!

The latest quarterly results from CDW Corporation demonstrate a solid start to 2026 amid a dynamic and complex market environment characterized by...

Baptista Research

CDW Corporation: How Targeted Acquisitions Like Lexicon Are Expanding Its End-to-End IT Playbook!

CDW Corporation's fourth-quarter and full-year 2025 financial results reveal a blend of strategic execution and market adaptability amid complex...

Baptista Research

CDW Corporation: How Is It Turning Macroeconomic Chaos Into a Strategic Advantage?

CDW Corporation's Q3 2025 results outline a period of moderate growth despite navigating a challenging economic environment. The company reported...

Baptista Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)