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

<ul>
<li>
<a href="https://www.smartkarma.com/entities/atlassian-corp" target="_blank" data-smartkarma-citation="entities:21026:1" rel="noopener">Atlassian (TEAM US)</a> is expected to be deleted from Nasdaq100 in April 2026 due to low index weighting following a price tumble of ~50% in the last 3 months.</li>
<li>
<a href="https://www.smartkarma.com/entities/sandisk-corp" target="_blank" data-smartkarma-citation="entities:1093:1" rel="noopener">Sandisk Corp (SNDK US)</a> is forecasted to replace <a href="https://www.smartkarma.com/entities/atlassian-corp" target="_blank" data-smartkarma-citation="entities:21026:1" rel="noopener">Atlassian (TEAM US)</a> as it is the highest-ranked non-constituent following a price surge of ~200% in the last 3 months.</li>
<li>
<a href="https://www.smartkarma.com/entities/lumentum-holdings-inc" target="_blank" data-smartkarma-citation="entities:12529:1" rel="noopener">Lumentum Holdings (LITE US)</a> is now the top addition candidate following the anticipated inclusion of <a href="https://www.smartkarma.com/entities/sandisk-corp" target="_blank" data-smartkarma-citation="entities:1093:1" rel="noopener">Sandisk Corp (SNDK US)</a>.</li>
</ul>



Atlassian (TEAM US) is expected to be deleted from Nasdaq100 in April 2026 due to low index weighting following a price tumble of ~50% in the last 3 months.

Sandisk Corp (SNDK US) is forecasted to replace Atlassian (TEAM US) as it is the highest-ranked non-constituent following a price surge of ~200% in the last 3 months.

Lumentum Holdings (LITE US) is now the top addition candidate following the anticipated inclusion of Sandisk Corp (SNDK US).


Atlassian (TEAM US): Fast-Exit Potential from Nasdaq100 in April 2026

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

Warner Bros Discovery  / Equity Bottom-Up

<ul><li>Warner Bros. Discovery has experienced a sharp reversal in sentiment following a meteoric rise in its share price.</li><li>The rally, sparked by rumors of a takeover bid from Paramount Skydance, saw the stock surge 63% from September 11 to September 25, significantly outpacing the broader S&P 500’s 1% gain over the same period.</li><li>However, concerns over the sustainability of this rally have emerged.</li></ul>

Warner Bros. Discovery has experienced a sharp reversal in sentiment following a meteoric rise in its share price.The rally, sparked by rumors of a takeover bid from Paramount Skydance, saw the stock surge 63% from September 11 to September 25, significantly outpacing the broader S&P 500’s 1% gain over the same period.However, concerns over the sustainability of this rally have emerged.

Warner Bros. Rally Sparks Doubt: Will The Paramount Deal Fall Apart?

Founder at Stock Spin-off Investing, Stock Spin-Off Investing

Richard Howe

Founder at Stock Spin-off Investing

Stock Spin-Off Investing

Generate attractive returns by taking advantage of inefficiencies in the stock spin-off market.

Stock Spin-offs

Event-Driven

<ul><li>Next week, Continental (CON) will spin off its auto parts business, Aumovio, as a public company.</li><li>The first day of regular trading will be September 18, 2025. Shareholders will receive one share of Aumovio for every two shares of Continental.</li><li><p>Aumovio is in the midst of a turnaround, and I was initially skeptical of managements rosy guidance.</p><figure class="editor-figure mceNonEditable"></figure></li></ul>

Next week, Continental (CON) will spin off its auto parts business, Aumovio, as a public company.The first day of regular trading will be September 18, 2025. Shareholders will receive one share of Aumovio for every two shares of Continental.Aumovio is in the midst of a turnaround, and I was initially skeptical of managements rosy guidance.

<ul><li>Warner Bros. Discovery reported its second-quarter results, providing insights into both achievements and challenges.</li><li>A key positive is the company's strong performance in creative content, notably by Warner Bros. Pictures, which achieved a milestone as the first studio to open five consecutive films with more than $45 million in domestic box office grosses.</li><li>Additionally, HBO received a record number of Emmy nominations, highlighting the quality of Warner Bros. Discovery's content.</li></ul>

Warner Bros. Discovery reported its second-quarter results, providing insights into both achievements and challenges.A key positive is the company's strong performance in creative content, notably by Warner Bros. Pictures, which achieved a milestone as the first studio to open five consecutive films with more than $45 million in domestic box office grosses.Additionally, HBO received a record number of Emmy nominations, highlighting the quality of Warner Bros. Discovery's content.

Warner Bros. Discovery Revives Superman & LOTR: Can Iconic IP Deliver Help Deliver A Much Needed Comeback?

<ul><li>Warner Bros. Discovery (WBD) reported first quarter financial results for 2025, highlighting significant strides in its streaming and content services as well as providing insight into its strategic vision for growth.</li><li>The company emphasized its commitment to high-quality storytelling and global reach, which it sees as key drivers in its business growth.</li><li>For the period, Warner Bros. Discovery continued its momentum in the streaming domain, adding more than 5 million subscribers, resulting in a total of over 22 million new subscribers over the past year.</li></ul>

Warner Bros. Discovery (WBD) reported first quarter financial results for 2025, highlighting significant strides in its streaming and content services as well as providing insight into its strategic vision for growth.The company emphasized its commitment to high-quality storytelling and global reach, which it sees as key drivers in its business growth.For the period, Warner Bros. Discovery continued its momentum in the streaming domain, adding more than 5 million subscribers, resulting in a total of over 22 million new subscribers over the past year.

Warner Bros. Discovery’s Bold Split Could Be a Game-Changer—Streaming

United States

Warner Bros. Discovery, Inc. operates as a media and entertainment company. The Company offers a complete portfolio of content, brands, and franchises across television, film, streaming, and gaming.

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

Warner Bros Discovery (WBD US)

Atlassian (TEAM US): Fast-Exit Potential from Nasdaq100 in April 2026

The consultation has concluded, and the fast-exit rule will be removed effective May 2026. As a result, Atlassian (TEAM US) is still expected to be...

Dimitris Ioannidis

Warner Bros. Rally Sparks Doubt: Will The Paramount Deal Fall Apart?

Warner Bros. Discovery has experienced a sharp reversal in sentiment following a meteoric rise in its share price. The rally, sparked by rumors of...

Baptista Research

Weekly Update (Aumovio, WBD, LION)

Continental (CON) will spin off its auto parts business, Aumovio, as a public company. The first day of regular trading will be September 18, 2025.

Richard Howe

Warner Bros. Discovery Revives Superman & LOTR: Can Iconic IP Deliver Help Deliver A Much Needed Comeback?

Warner Bros. Discovery reported its second-quarter results, providing insights into both achievements and challenges. A key positive is the...

Baptista Research

Warner Bros. Discovery’s Bold Split Could Be a Game-Changer—Streaming

Warner Bros. Discovery (WBD) reported first quarter financial results for 2025, highlighting significant strides in its streaming and content...

Baptista Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)